FAR practice strategy

How many FAR questions should you do before exam day?

There is no magic number, but FAR candidates usually need enough question volume to expose weak rules, calculation setups, and financial statement presentation mistakes.

Practice FAR questions CPA sections

By World of Accountants editorial team. Last reviewed August 23, 2026. World of Accountants is independent and not affiliated with the AICPA, NASBA, Becker, NINJA, UWorld, Gleim, or other CPA review providers.

FAR sample question

Test the rule before you leave this FAR guide.

Read the topic explanation, then use this real FAR question to check whether the controlling fact is sticking.

FAR-000001FAR-IRevenue recognition

During the year-end close for a manufacturer, an entity receives an advance payment for goods it has not yet shipped. What should be recorded initially?

A.A contract liability should be recorded until the promised goods are transferred.
B.Revenue should be recognized immediately for the full cash receipt
C.A receivable should be recorded even though cash was received
D.No liability should be recorded until shipment because the performance obligation has not yet been satisfied

Answer: A. A contract liability should be recorded until the promised goods are transferred.

A contract liability should be recorded until the promised goods are transferred.

Why the other answers are wrong

B. Cash collection alone does not establish revenue recognition. Because the goods have not been transferred, the receipt creates an obligation to perform.
C. A receivable is not the right starting point because the entity already received cash. The unresolved issue is the obligation to deliver goods.
D. This choice notices that performance has not occurred, but reaches the wrong accounting result. The unperformed obligation is exactly why a contract liability is recorded.

Think in cycles

A better target is not just total questions. Use cycles: learn a topic, answer questions, review misses, then retest weak areas several days later.

Quality beats clicking

Answering 500 questions without reviewing misses is weaker than answering fewer questions with careful correction and retesting.

A useful benchmark

Before exam day, you want repeated exposure to leases, bonds, revenue, cash flows, consolidations, government, nonprofit, and statement classification.

How to know you are ready

You should be able to explain why the correct answer wins, why the distractors fail, and what fact would change the answer.

How to use this guide

Turn how many far questions should you do before exam day? into a short practice loop.

Read the core idea first, then answer a small set while the rule is still active in your head. The goal is to see whether you can recognize the tested fact without rereading the guide.

Spot the tested fact

Before choosing an answer, name the one fact that should control the result. FAR questions often become easier once the controlling fact is separated from background detail.

Explain the distractor

When an answer is wrong, say why it is wrong in one sentence. That habit turns answer review into durable exam judgment instead of memorizing a letter.

Retest later

Bookmark misses and revisit them after another study session. A topic is stronger when you can recover it after time has passed.

FAR topic guides

Keep going with related FAR topics.

FARLeases explained for FAR CPA candidates

Right-of-use assets, lease liabilities, classification, and common FAR traps.

FARRevenue recognition for FAR CPA candidates

Performance obligations, transaction price, allocation, timing, and cash-vs-revenue mistakes.

FARBonds payable for FAR CPA candidates

Discounts, premiums, carrying amount, effective interest, and extinguishment basics.

FARStatement of cash flows for FAR CPA candidates

Operating, investing, financing, indirect method adjustments, and classification traps.

FARGovernmental accounting for FAR CPA candidates

Fund types, modified accrual, government-wide statements, and reconciliation logic.

FARConsolidations for FAR CPA candidates

Acquisition method, eliminating entries, noncontrolling interest, and intercompany transactions.

AUD / FAR / REG / BAR / ISC / TCPHard CPA practice questions for exam-like review

Hard CPA questions across all six sections with explanations and review tools.

AUD / FAR / REG / BAR / ISC / TCPCPA practice test-style MCQ sets

Build a practice test-style MCQ set with explanations and section filters.

Practice loop

Use the topic, then answer questions while the idea is fresh.

Short practice sets are enough to expose whether the rule is sticking.

Practice FAR questions