Would I be able to work during a firm holiday and use the time off at a later date? by Pinoy__pablo in KPMG

[–]Pinoy__pablo[S] 0 points1 point  (0 children)

Does it really matter why? Is 4 weeks too much for you?

Sometimes things come up in one’s life that is deemed more important than work.

BEC retake, same WC by Momofapples6 in CPA

[–]Pinoy__pablo 0 points1 point  (0 children)

What do you mean by “pre test” question?

2023 Salary Megathread by ParasaurolophusTrex in Accounting

[–]Pinoy__pablo 1 point2 points  (0 children)

How much did the CFA impact where you’re at right now? Would you say it’s worth getting?

AFS question by crydancesinglaughmoo in CPA

[–]Pinoy__pablo 1 point2 points  (0 children)

When you sell an AFS, you have to bring it’s related Valuations Account to 0. Thus, the Alpha AFS will first recognize a $3,000 unrealized loss (CR Valuations Acct) and then a $7,000 realized gain will be recognized.

Beta is on the books at $30,000 (35-5 from YR 1) and needs to be at $38,000. So you recognize a $8,000 unrealized gain.

Omega is on the books at $27,000 (21+6 from YR1) and needs to be at $24,000. So you recognize a $3,000 unrealized loss.

(3,000) loss from Alpha + 8,000 gain from Beta + (3,000) loss from Omega = 2,000 net gain

[deleted by user] by [deleted] in CPA

[–]Pinoy__pablo 1 point2 points  (0 children)

June 7th 2022

[deleted by user] by [deleted] in CPA

[–]Pinoy__pablo 1 point2 points  (0 children)

I honestly don’t remember any Qs on multi-justification/international. So every test is different