dotamasta

for L2 on the exam I would read the first sentence or 2 of the case to see which topic area it related to. Yes I know the exam book says but to get more detail (ex. ABS or Duration for FI). Then I would read the answers and skim the choices, sometimes being able to cross one out right away.
I found reading the answers first before the case helped me pick up on key words or pieces of information. sometimes I’d even be able to know the answer without actually reading the case.
for ex. if the question said what is the interest coverage ratio after adjusting for the op lease. This would get my brain thinking already “ok need the op lease amounts, interest, amortization, rent payment etc etc. then need to properly allocate the op lease interest”. as I mentioned I found that this helped me when reading the case itself and also to know what to expect.
kind of like a doctor going to do a surgery, he never walks into the ER room without knowing wtf is going on or what he’s expected to do. that’s my logic, be prepared and know what to expect from the case.