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Business Environment and Concepts (BEC)

Business environment and concepts, unlike FAR, is known to be one of the easier parts of the exam. This section of the exam evaluates comprehension of responsibilities as well as professional duties. Understanding and extensive knowledge on management, economic concepts, corporate governance, and IT is crucial to this area of the exam.

This section of the exam covers a broad topic of general economic and business rules  and examines the test-takers  ability to identity and analyze situations that call upon knowledge of ethics and the underlying implications and reasoning being transactions. including corporate governance, economic concepts and analysis, financial management, information technology, and operational management.


 The Exam consists of:bec
Corporate Governance
 		17-27%
Economic Concepts and Analysis
 		17-27%
Financial Management
 		11-21%
Information Technology
 		15-25%
Operations Management
 15-25%
 
4 hours are given to complete all parts of the exam which includes 62 multiple chose questions, 4 task-based simulations, and 3 work communication based tasks.
Of the 62 multiple choice questions only 50 are typically operational meaning they count towards your score. the remaining 12 are pretested and do not count towards the exam score. 

Made Fall 2019
by myself.