Posted: 06 Oct 2010 at 01:51 | IP Logged
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OK,
I was reviewing the scores from the simulations on the Gleim Practice Exam. They marked a lot wrong (7) where I had the correct answer. Does the SOCF have to be in a particular order to get points? I had all of the elements in the right place with the right numbers? I can only come up with the fact that I didn't have them listed in the exact order as they do. I made an acronym for the SOCF for each area so that is the order in which i listed them. Is that the way it is on the CPA exam? If so, I need to learn the correct order... over night.
Additionally, they marked wrong my depreciation answers when the difference was only due to rounding (8,112...I had 8,111). Is it the same way on the exam? If so, I will ensure that I carry out all the decimal places.
I am feeling more comfortable after reviewing the answers and realizing that I came up with the correct number.
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