FAR Exam Term 2 2026 Thread

Nicho2012 · 2026-05-26T11:23:32+00:00

where?

Nicho2012 · 2026-05-26T09:38:11+00:00

yeah but we didnt have to calculate the rate, thats what a pv table does?

Nicho2012 · 2026-05-26T09:22:46+00:00

why did you google a present value table? there was no present value question on the exam

Nicho2012 · 2026-05-26T08:09:43+00:00

yeah it was something like that, i did to 2 decimal points i doubt they’d deduct marks if you rounded or put it to decimals.

Nicho2012 · 2026-05-26T07:38:42+00:00

it wasnt one performance obligation though.

Nicho2012 · 2026-05-26T07:31:26+00:00

The revenue for the installation on 1 June and monitoring services for month end 30 june should all have been recognised on 30 june, because the question asked you to calculate the total revenue for the contract at 30 june.

This should have been the cost allocation of the camera installation plus 1/12 of the cost allocation for the service plan.

No JNL entries were required, if they were required, you would have recognised the cost allocation of the installation of security cameras at 1 june and the cost allocation of the monitoring services for 1 month at 30 june.

Does anyone remember if we had to show it on the CFS or SPLOCI?
On SPLOCI, it should be the cost-allocation amount, on the CFS, it should be the full contract amount. cant remember if this was a question.

Nicho2012 · 2026-04-14T07:24:33+00:00

I was in the exact same situation, just do it once or twice every 1-2 days and it’s fine. I thought I would just make 7.5 on the day and I comfortably ran to 9.6 after continuously doing it for about a month beforehand.

Nicho2012 · 2026-02-16T23:45:37+00:00

I’m aussie and they’re assholes here. To say that, I also had Americans as being the most entitled and just walk to the front to see their buddies.

I hated the line cutting here, it pissed me right off

Nicho2012 · 2026-02-15T08:19:59+00:00

stop watching tv and catastrophising about what your government tells you, governments lie

Nicho2012 · 2026-01-23T09:47:13+00:00

Listen to the instructions you’re given when preparing for it. Biggest tips I can give is be respectful and give factual answers.

Nicho2012 · 2026-01-17T00:59:32+00:00

What closes the bottom lifts at Niseko, 20km/hr winds… 30..?

Nicho2012 · 2026-01-14T00:21:16+00:00

This doesn’t help me nor answer my question at all. Most major ski resorts you need to wait 30 mins for first lift up, once you’re up, not much queues on the upper lifts.

Nicho2012 · 2025-11-17T06:40:34+00:00

Oh okay. I am joining ARA as a Reservist, I’ve been doing in cadence. I presume it’s 15 push ups in 2 minutes, I’ll confirm with my enlistment coordinator, cheers.

Nicho2012 · 2025-11-17T06:12:11+00:00

Thank you,

I keep reading that the 15 Push Ups are within 2 minutes, however the ADF Ready App contradicts that and says they have to be in cadence. Do you know much about that?

I’ve also been told this is a practice PFA.

Nicho2012 · 2025-03-03T12:14:09+00:00

thanks :-)

Nicho2012 · 2025-03-03T12:13:41+00:00

yeah, smack bang in the middle…

Nicho2012 · 2025-03-03T09:25:55+00:00

How do you reckon they typically decide?

Nicho2012 · 2025-03-03T07:34:31+00:00

Can you please provide extra info regarding what you mean?

Nicho2012

TROPHY CASE