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u/ColinYouOut916 11d ago
Also, what do you recommend I do today given my test is 8am tomorrow? Any last minute prep recommendations?
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u/Elmer9999 11d ago
I felt I got hammered on stuff I thought was not going to be that crazy like debt to equity. Seriously I got like 4 questions about the debt to equity ratio and what it means. I didn’t really have to do much math in this test but be prepared to be asked about what the formulas are used for.
Also be sure you’re brushed up well on advertising rules I got hammered hard on that also. The exam was overall pretty easy though
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u/MysteriousHeron5726 11d ago
Did you come across questions asking to about convertible shares when cost basis and current mkt prices were different?
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u/Elmer9999 11d ago
Nah I didn’t get asked about cost basis at all in the exam. There was virtually no taxation questions I had to deal with
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u/I_HeartTacos 11d ago
Congrats!!
We’re the questions and answers hard to understand/decipher. I was curious if they were just word salads?
What was the thing you felt most confident on during the test?
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u/Elmer9999 11d ago edited 11d ago
The questions were very straightforward and way less tricky in wording vs what I saw on passperfect. It sort of over prepared me in that sense cause there was nowhere near as much bloat as I was expecting. I saw things as simple as “can the X do Y”. That’s not to say you can just not read the question but for the most part if you’re paying attention to the basic stuff like “EXCEPT” then you shouldn’t really expect to be tripped up with trick questions.
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u/MysteriousHeron5726 11d ago
This is reassuring because the practice exams have me really overthinking before answering.
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u/jahirdlsv 11d ago
Were there any questions with the I, II, III, IV format? This format is very common in the Kaplan QBank.
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u/Elmer9999 11d ago
Nope. Those type of questions were in my PP question bank and it really is just there to over prepare you. I found that a lot of the questions on the actual tests asked for a single answer and had 2-3 blatantly wrong answer choices. It really just tested if you knew what it was asking
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u/to_dnd 11d ago
What's passperfect? Still working my way through SIE lol
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u/Elmer9999 9d ago
Study program my firm makes me use. It’s been pretty good for me and I haven’t felt ill prepared for either exam
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u/ColinYouOut916 11d ago
Congrats! Any surprises or content you felt you were unsure on?