In May of 2020, the AICPA released dozens of Multiple Choice Questions that had recently been tested on the CPA BEC Exam. When NASBA and the AICPA release these questions, they release the letter answer without the explanations. Candidates should have an understanding of these questions before going to the Prometric Testing Center but be sure not to obsess over any one particular question as these questions are NOT likely to appear on the exam in the exact same format. For that reason, Darius Clark tries to anticipate what the next question might look like based on the question that was released. Because Darius works with CPA Candidates and CPA Review material every day, he knows better than most what the CPA Exam is likely to ask with regard to any given topic. The BEC topics that were included in the May 2020 release questions include Corporate Governance, Enterprise Risk Management, COSO, Monitoring of Internal Controls, Information Technology, Excel Spreadsheets, Net Present Value, Internal Rate of Return, Valuation of Equity, Weighted average cost of capital, variance analysis, target costing, financial risk management, inventory management, just in time inventory, access controls such as Bio metric authentication, emerging technologies such as neural networks, economics such as elasticity of demand, database management terms such as primary and secondary keys. Also released were questions on Cloud computing, Sarbanes Oxley, segregation of duties, foreign currency and hedging, derivatives, total quality management including conformance and non-conformance costs such as prevention and appraisal costs, internal and external failure costs, risk assessment including target and residual risk, job order costing, applied overhead, over-applied and under-applied overhead, ratios such as return on assets and asset turnover ratio, quick ratio and current ratio, controls over cash such as positive pay, batch and online real time processing, weighted average cost of capital, free cash flow, real versus nominal return, risk response strategies such as share, avoid, reduce and accept, and so much more. This is the first of the four video series where Darius narrates and explains the AICPA BEC Questions from May 2020. The complete four video series can be found in the final chapter of I-75 BEC. The topics from these questions will appear on the CPA Exam in multiple choice or Task based simulations.