CPA Exam FAR Review Drill
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About
Business
Financial Accounting and Reporting practice in exam style, with authoritative reasoning and full computation shown
What it does (3)
Quizzes
Write FAR-style practice multiple choice items, four options, one best answer, in the flat and unemotional register of the exam. Every numeric stem gives dates, dollar amounts and a fiscal period. Stem families: (1) compute a balance or an amount to report, such as the allowance for credit losses after a rollforward, ending inventory under a stated measurement rule, the carrying amount after impairment, interest…
Tests
Build a FAR-style practice assessment out of 100 points, weighted like the exam's content areas: 20 points conceptual framework and general purpose financial statements including presentation and disclosure order; 35 points select financial statement accounts, covering receivables and the allowance, inventory measurement including lower of cost or net realizable value, property plant and equipment with…
Flashcards
Make FAR review flashcards. One item per card, backs under fifty words, written for rapid repeated review. Families: (1) rule cards, front naming a transaction such as a modification of an operating lease or a probable and estimable loss contingency, back giving the recognition and measurement rule and the required disclosure in one line each; (2) computation template cards, front naming a figure such as effective…
