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Subject Topic: Simulation Grading (Topic Closed Topic Closed) Post ReplyPost New Topic
  
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Crammer
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Joined: 19 Aug 2009
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Posts: 283
Posted: 23 Jul 2010 at 16:13 | IP Logged  

Hey quick question -

I'm doing the Becker #1 simulated exam & for the 1st SIM it required JE's... my answer was the following:

dr. cap lease oblig xx

dr. int. expense xx

    cr. cash  (xx)

They marked this WRONG because I placed cap. lease obligation before interest expense... this wouldn't be the case of grading on a real exam right?? That just seems rediculous - Maybe I never noticed it when I studied before, or happend to put int. expense 1st, but just wanted to see since I thought only the communication & research tabs were the only tabs not graded by software.

Thanks!



__________________
AUD: 69,77(expired), 86!!!
FAR: 71,70,87
REG: 62,69,69,75
BEC: 58,74,72,86!
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cpa0123
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Joined: 20 Nov 2009
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Posted: 23 Jul 2010 at 16:43 | IP Logged  

No, it shouldn't matter if it is in any order. You are fine.

__________________
FAR-11/21/09 [97]
REG-02/06/10 [95]
BEC-04/03/10 [85]
AUD-07/07/10 [93]
Colorado board
I am done!
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Crammer
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Joined: 19 Aug 2009
Location: United States
Online Status: Offline
Posts: 283
Posted: 23 Jul 2010 at 16:53 | IP Logged  

Thanks - I appreciate it!

__________________
AUD: 69,77(expired), 86!!!
FAR: 71,70,87
REG: 62,69,69,75
BEC: 58,74,72,86!
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