ACG3101 Discussion Board

Sep 14, 2022
1 min read

Feel free to ask any questions regarding the new FAR 1 material or in general about the class! Remember, its Automatic!

If you have questions about a specific textbook problem or question in a review packet, please be very clear (Exam 1 Review, page 18, question #, etc).

Good luck studying!

304 Comments

Riley Person

Mar 22

Where do I find the solution videos to Mock Exam A?

Mikey Brown

Mar 25

Replying to

Mock Exam A only has the typed out solution videos on classmarker.

We went through and added detailed typed out solutions to walk you through each question. For any additional help - feel free to email or post here!

Chris Karateew

Mar 21

Where are the Exam 2 review videos?

Mikey Brown

Mar 25

Replying to

They are on the Exam 2 Review tab - if you click on the FAR 1 tab twice - select Exam 2 Review option!

dorinakelemen

Mar 18

Is video #2 missing from the exam 2 review? There seems to be a jump in the sections and i dont see a video regading the revenue recognition section for chapter 17.

Mikey Brown

Mar 25

Replying to

Hi,

Thanks for attention here - we fixed the issue!

rickyoung1211

Mar 12

For question 14 on the Chapter 17 concept review, when solving for the year 2024 percent why are the previous costs also not added? In the chapter review videos they were.

Edited

Mikey Brown

Mar 25

Replying to

This depends on whether costs are incurred "to date" or "during the year". This is referenced in our Exam 2 Review video on Long-Term Contracts ... extra help section!

Edited

slinkardk

Mar 03

For question 15 in the Chapter 17 practice problems, can you explain why cash collections are reported as 900,000 for the 2024 year when there is no change in cash collections to date from 2023. Also, how do our billings to date decrease from 2023 to 2024?

Mikey Brown

Mar 09

Replying to

Hi,

Great questions! The problem should state collections & billings during the year - good catch! The billings would then add up in total to $2,000,000 and our cash collections that same - sorry for the confusion!