Have not taken mock yet, but has this material, COGS/LIFO/FIFO/ration analysis, shown up on recent Level 2 exams?
thanks,
John作者: yospaghetti 时间: 2011-7-13 13:09
i thought this was just added to LII this year..作者: eoin 时间: 2011-7-13 13:09
Just added this year, which makes you think a few questions would show up, I think knowing the equations going to/from FIFO & LIFO would get you atleast 1 hopefully 2 questions作者: sameeragarwal 时间: 2011-7-13 13:09
man i HOPE they have a full vignette on this stuff.作者: thecfawannabe 时间: 2011-7-13 13:09
would be nice, but EOC ?;s seem like they are too similar to level I. would like to eat those words.作者: benbenxiong 时间: 2011-7-13 13:09
2011 BSAS has a pretty tough vin on this topic. Involves lifo liquidation, and is actually tougher than I thought. I will be reviewing this one...作者: onelife1 时间: 2011-7-13 13:09
this stuff is so brain dead simple. if they have a section on this cogs/inventory analysis, it will only be because the rest of the exam is a massacre and they feel obligated to put in a "gimme" section.
