Free BAR CPA exam sample questions

PocketCPA publishes four BAR multiple-choice questions, four flashcards and one task-based simulation, free and with no account. BAR is Business Analysis and Reporting, and the full section holds 1,502 questions, 131 simulations and 145 flashcards across 16 blueprint groups.

How many BAR practice questions does PocketCPA have?

1,502 multiple-choice questions and 131 task-based simulations in BAR, covering 16 blueprint groups. Each one cites the standard or statute it tests.

A BAR question from the sample

A contractor's fee is $500,000 fixed plus a $100,000 bonus earned only if the project finishes early. The contractor estimates a 60% probability of earning the full bonus and 40% of earning none (only two possible outcomes) and concludes a significant reversal is not probable. Using the most-likely-amount method under ASC 606, what amount of the bonus (variable consideration) is included in the transaction price?

$100,000
$60,000
$40,000
$0

The answer is A. ASC 606 permits estimating variable consideration using either the expected value or the most likely amount, whichever better predicts the entitlement. The most likely amount is often appropriate when a contract has only two possible outcomes, such as earning a bonus or not. Here the single most likely outcome (60% probability) is the full $100,000 bonus. Because a significant reversal is not probable, the constraint does not reduce it, so $100,000 is included (total transaction price $600,000). The question is cited to ASC 606-10-32-8.

What does the BAR sample cover?

The four questions are drawn from the harder end of the BAR bank and spread across the section's blueprint areas: Business Analysis, Technical Accounting and Reporting, State and Local Governments. The sample is enough to judge the writing and not enough to study from, against 1,778 items in the section.

PocketCPA covers all six CPA exam sections with 11,896 cited questions and 1,071 lesson pages. See also CPA requirements by state, the cheapest route to a CPA, and how to check whether study material is current.

What the Uniform CPA Examination tests is defined by the AICPA, and coverage claims here are stated against the AICPA blueprints: AICPA: what is tested on the exam.