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What Topics Do you guys know you won't know?

What specific areas do you guys know you will be stuck on if they come on the test?

For me its

1)Direct Cash flows, finding out investing/financing cash flows/ using the decrease in assets= cash gain - ending cash etc etc. That stuff I just gave up on. The indirect method I think is easy( increase/decreases in inventory/taxes/payables )

2)Deferred Tax Tax bases/Carrying value of liability/assets, I think I understand the relationship but I always get it wrong. I guess the key is they are reversed when its an asset/liability, when you check the carrying value - tax base.

3)Options-Mainly the covered call stuff, some of the lower bounds stuff.

4)Gray areas of ethics, I hate those the most.

BALLS TO THE WALL BABY, I KNOW IT ALLLLLL!

__________

"good personality ... or he was known as Lt. Mandingo during his army days."

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I'll be sweating along with you for the direct cashflow questions!

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