Despite studying 5-6 hours a day I have nearly failed my first 2 Managerial Accounting exams. I've never been so discouraged in my life. I'm obviously doing something wrong. Can anyone give me some ideas how can better prepare for my exams? I've done all of the study problems I can and read and reread the book. The exams provide questions from a new perspective and I have a hard time coming up with logical solutions to solve the problems. Any help would be appreciated.