

Intermediate Acc I OA 2 Passed!
I finally passed IA 1, and honestly, a pass is a pass. I had failed OA2 once before, and one thing I realized is what makes the second OA tougher. Even though Cash & Receivables and Inventory carry a lot of weight, a large portion of the questions focus on Time Value of Money. Because of that, you really need a solid understanding of those last two sections to do well overall.
I felt like I answered more questions correctly this time, so moving forward, I’m going to spend more time really grinding the concepts and making sure I fully understand them.
This was way too close to failing for me.... like what got me with inventory is the fact that I didn't know what was affected when inventory was over or understated fully, like i should have.