Imho, you begin to make an educated guess for the type and style of subject matter they are likely to test. The Accrual Equivalent Tax Return and/or Accrual Equivalent Tax Rate seem to me very likely to show up. I would put $50 down that at least one of the terms will show up on June 4th. On Level 2 I had the same feeling with the H-Model formula and FCFF and FCFE. Anyone else get that feeling on other topics? If so please post them.
Psychological traps, such as anchoring. 1/18 diversification.