General Question about STudy Methods

I like everything but accounting (and maybe ethics). Are you guys memorizing teh lists? Is this necessary (i ahvent looked at many practice tests yet)… For example could you name what makes up a “coherent financial reportin framework”? or the “barriers to creaitn a coherent financial reporting framework”? Can you identify them? seems like a ridiculous task to know all this seemingly trivial details… Wj