I perosnally have already went through two level I exams and failed both (was very close on second one, but scored low on ethics, and last SSs derivatives etc. )
What I observed is that percentage of the following type of questions are rising:
2. When prices are rising, the use of the LIFO inventory method as compared to FIFO will result in:
Cost of Goods Sold Inventory Levels
A. Higher Higher
B. Higher Lower
C. Lower Lower
D. Lower Higher
---------------------------------------------------------
Here, actually two questions are integrated into one question;
And when the percentage of these type of question rises in overall quastions it becomes very tough; you hit one-miss another and whole question is missed Does anyone know why they do that?
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P.S. What do you prefer, a test with 100 ordinary questions or 50 above-mentioned-type-of questions?
What I observed is that percentage of the following type of questions are rising:
2. When prices are rising, the use of the LIFO inventory method as compared to FIFO will result in:
Cost of Goods Sold Inventory Levels
A. Higher Higher
B. Higher Lower
C. Lower Lower
D. Lower Higher
---------------------------------------------------------
Here, actually two questions are integrated into one question;
And when the percentage of these type of question rises in overall quastions it becomes very tough; you hit one-miss another and whole question is missed Does anyone know why they do that?
---------------------------------------------------------
P.S. What do you prefer, a test with 100 ordinary questions or 50 above-mentioned-type-of questions?