Principles Of Accounting - The End Is Near

[cbrchris]

p.s. for those still to take the test...

I probably only answered 5 of the maybe 20 or so questions that required calculations correctly. I focused on doing all questions that were word based and definitions etc first. Worked for me...

I recall some focus (it seems) on contribution margin, break even point, and calculations in that area, e.g. variable cost, fixed cost, etc

good luck!

It was about the same for me. I marked most of the questions that had to do with calculations and by the end I ahd about 22 questions marked and had about 25 minutes left in the test. At the start I was trying to work the problems as I was going thru them. I am usually a very quick test taker. This is the first one where I used the entire amount of time. I ended up giving my best guess on about 10 of the calculation problems. I did not know the calculation problems very well and felt like I was going to not pass.

Ended up with a 59 and a smile as I left.



If you know the majority of all the basics its a very passable test. For anyone still on the fence, give it a go. there is still time.