06-28-2007, 12:28 PM
p.s. for those still to take the test...
I was worried alot about the financial statement analysis e.g. ratios etc. There were only a few questions about these e.g. ROE, P/E, EPS
Most of the questions were really basic to the accounting principles and knowing where the amounts go, and how to keep things in balance.
I probably only answered 5 of the maybe 20 or so questions that required calculations correctly. I focused on doing all questions that were word based and definitions etc first. Worked for me...
I recall some focus (it seems) on contribution margin, break even point, and calculations in that area, e.g. variable cost, fixed cost, etc
good luck!
I was worried alot about the financial statement analysis e.g. ratios etc. There were only a few questions about these e.g. ROE, P/E, EPS
Most of the questions were really basic to the accounting principles and knowing where the amounts go, and how to keep things in balance.
I probably only answered 5 of the maybe 20 or so questions that required calculations correctly. I focused on doing all questions that were word based and definitions etc first. Worked for me...
I recall some focus (it seems) on contribution margin, break even point, and calculations in that area, e.g. variable cost, fixed cost, etc
good luck!
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