Joined: 14 Dec 2010 Location: United States
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Posted: 20 Feb 2011 at 22:54 | IP Logged
Yeah the only way you can budget is by not dwelling on the answer too long or flaging too many MCQ's to go back to and looking at them too many times. By then you just need to pick what you think is the right answer and move on.
Joined: 21 Jun 2010
Online Status: Offline Posts: 191
Posted: 24 Feb 2011 at 07:03 | IP Logged
Keep in mind that one of things that makes the CPA exam tricky is that it will close you out with the Task-Based Simulations (formally simulations and WC). Preferably, you would end with the MC or be able to go back and forth, so if you were running out of time and desperate, you could always make sure to guess for all of the MC. However, you must answer every MC to the best of your ability, and then do what you can with the simulations. This may be tricky, considering that simulations are more of a "fill in the blank" style, therefore, virtually eliminating the chance of a "lucky guess." So if you're running out of time, you have to make sure that you buckle down, and really focus on making sure what you point down is the right answer.
Therefore, you should probably make sure to spend more time than you think that you need on the sims. For Reg, you probably want at least 90 minutes. Don't forget that you also get the literature for the sims, and not for the MC, which can be helpful, but tricky and time consuming.
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