mkytz15

What did you guys think of the Elan mock exams? Those who used them. I'm using Schweser mocks, but seems like maybe Elan could be better prep. I've compared the schweser and elan questions and they are much different in my opinion in style/format.

Econ for example: (Elan)

Consider the following statements:

Statement 1: The MRP of labor for a firm that is a price taker remains constant at all
output levels.
Statement 2: The MRP of labor for a firm that is a price searcher rises as it expands
output.

Which of the following is most likely?

A. Both statements are correct
B. Both statements are incorrect
C. Only Statement 1 is correct.

Answer: C


I have not seen any schweser ones like this. I've yet to take the actual exam so I have no idea if this format could come up.



Edited 1 time(s). Last edit at Monday, August 2, 2010 at 07:44AM by allegro-cpa/cfa.

hassan

Elan's mock exams were the closest thing to the real thing. A lot of posters on this thread share that opionion.

I have used Schweser and Elan both and preferred Elan. Elan's style is more conceptual and this is how the actual exam is also for the most part. The two statement style that you mention is an example. The EOC CFA questions and the mocks also contain questions that follow this format.


allegro-cpa/cfa Wrote:
-------------------------------------------------------
> What did you guys think of the Elan mock exams?
> Those who used them. I'm using Schweser mocks,
> but seems like maybe Elan could be better prep.
> I've compared the schweser and elan questions and
> they are much different in my opinion in
> style/format.
>
> Econ for example: (Elan)
>
> Consider the following statements:
>
> Statement 1: The MRP of labor for a firm that is a
> price taker remains constant at all
> output levels.
> Statement 2: The MRP of labor for a firm that is a
> price searcher rises as it expands
> output.
>
> Which of the following is most likely?
>
> A. Both statements are correct
> B. Both statements are incorrect
> C. Only Statement 1 is correct.
>
> Answer: C
>
>
> I have not seen any schweser ones like this. I've
> yet to take the actual exam so I have no idea if
> this format could come up.

d2rockstar

What does the EOC stand for in "CFAI EOC Questions"?

jarobi04

Chasej Wrote:
-------------------------------------------------------
> What does the EOC stand for in "CFAI EOC
> Questions"?


End Of Chapter.

wake2000

registered for dec exam. just bought Elan ultimate package. Super pumped. i was originally going to use Kaplan but the elan feedback has been too good to ignore.

firat

Good call man. You've made the right decision.

jdough Wrote:
-------------------------------------------------------
> registered for dec exam. just bought Elan
> ultimate package. Super pumped. i was originally
> going to use Kaplan but the elan feedback has been
> too good to ignore.