One way to save some time and ensure you are studying the correct concepts is by using a prep course.Ī prep course will help save you a ton of time by giving you all the information and tools you need, in one, easy-to-access place. Taking the CPA exam will require a ton of time and commitment. With CPA pass rates hovering around 50%, students should utilize all possible study resources when preparing for this exam. (Cost of Equity x Weight of Equity)+ Cost of Debt x (1-Tax Rate) x Weight of DebtĬommon Stock Price Per Share x Number of Common Stock Shares Outstandingĭividends/Net Income or Yearly Dividends Per Share/EPSĬommon Stock Equity/Common Shares Outstanding (Current Assets-Inventory)/Current Liabilitiesīeginning Finished Goods+Cost of Goods-Ending Finished Goods These do not have answer explanations, but are still very helpful.ĬPA Questions - Formulas You Should Know Nameīeginning Inventory+Purchases-Cost of Salesīeginning Retained Earnings+Net Income-DividendsĬontributions+Expected Rate of Return-Service Costs-Interest CostsĮarnings Per Common Share/Weighted Average Common Stock Shares Outstanding Review the following AICPA released questions to see some additional CPA test questions. See Our Reviews & Rankings of Top CPA Prep Courses.
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To begin your studies, review our free resources below. CPA candidates should expect a pay bump and an increase in responsibilities after earning their CPA designation. Those who hold a CPA designation will be distinguished from their colleagues who only hold a business degree. There are numerous requirements that must be met before candidates can sit for the exam. The CPA designation is one of the most prestigious certifications someone can get in the finance/business industries.ĬPA candidates can expect to put in some long hours while preparing to take this exam. Topics covered by the BEC MCQ’s include: corporate governance, economic concepts and analysis, financial management, operations management, and more.Our CPA practice exam and questions will help you pass the challenging CPA exam. The materials are all backed by a 100% money back guarantee meaning that you take no risk to try our study materials. You will also receive free lifetime updates until you pass the exam.
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