Study Break

Okay. I'm interrupting my CPA studying to bring you this RIDICULOUS note.

So, since the CPA exam is absurdly difficult and confusing, and they're always adding new questions to the review software, questions come up from students all over the country about the lectures and the review software questions. So Becker (the review course I'm using) has a 'knowledgebase' where they post updates to their questions and the textbooks. Sometimes they post corrections to mistakes they've made, and sometimes they post clarifications on really confusing questions.

So I was confused about a question, and - surprise - it was on the knowledgebase.

This is the end of their clarification: "If we had divided, we would have computed 250,000 franc / $.20/franc, or franc / $/franc, and we would have ended up with franc2$, which makes no sense whatsoever, even on Pluto, back when Pluto was a planet."

This is legitimately what I deal with on a daily basis.

Other gems from the Becker review course (yes, I keep a word document open and I write down these quotes during my studying):

• If a shareholder dies, who cares?!
• Let's go back to the notes. Don't you feel sorry for your friends and family right now? We're off doing something else. Maybe they're sleeping, taking a nap, out drinking, doing something, while you're enriching your mind, right? Going to be a big time CPA. Just think about all that money you're going to be make, right? Big car you're going to drive, nice house you're going to live in. It's going to be a good time.
• Okay, next page. Multiple step income statement. Here's your date for Friday night. Whatever you were going to do, you need to cancel those plans immediately.
• Your life, while you're studying for the CPA exam, you having fun while studying for the exam most definitely should be an extraordinary item. It'd better be both unusual and infrequent. (Yes, this is an accounting joke. For something to be considered an 'extraordinary item' it has to be both unusual and infrequent in nature. Gag me.)
• There's an inverse relationship between your happiness and your likeliness to pass the exam.

Great. Great.