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Principles of Accounting
#32
Kiwi Lover Wrote:Rob,

You did GREAT!!! You have to be pleased with your score??!!

It sure sounds as though that was a much tougher exam than even I imagined - I sure hope I didn't lead you astray about not worrying about the formulas. Shows what I know...

You gave invaluable advice for anyone studying for that test; as they say in New Zealand "good on ya"!!

I'm glad you've got that behind you now.

Take care!

Thanks Kiwi,

Actually, the ratio questions didn't necessarily all involve solving an equation. They were more along the lines of:

"If Current Liabilities decrease, what effect will it have on the Current Ratio?"

Obviously, you need to know what the formula is in order to answer the question. This is how they get around the need to use a calculator.

Having said that, I can't believe they don't allow the use of a calculator on this exam. There were more than enough calculation questions to warrant the use of a calculator! (3 month's worth of interest at 9% on a loan of $180,000...$750,000/365...lots of addition and subtraction dealing with tens or hundreds of thousands, etc.)

See, now I'm scaring everybody again! Relax folks! Just remember, I got a 68, and I am far from being a math whizz.
hilarious
My name is Rob
_____________________________________
Exams/Courses Passed (43):
- Courses (4): 1 Excelsior, 1 CSU-Pueblo, 2 Penn Foster.
- Exams (39): 24 DSST, 15 CLEP.

Total Credits: 142 (12 not used).
[SIZE=1]GPA: 4.0
[/SIZE]
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Messages In This Thread
Principles of Accounting - by snazzlefrag - 06-10-2006, 10:34 AM
Principles of Accounting - by yutzyj - 06-10-2006, 11:37 AM
Principles of Accounting - by snazzlefrag - 06-10-2006, 12:12 PM
Principles of Accounting - by yutzyj - 06-10-2006, 05:01 PM
Principles of Accounting - by libartsmgr - 06-10-2006, 07:30 PM
Principles of Accounting - by snazzlefrag - 06-16-2006, 09:54 AM
Principles of Accounting - by anar579 - 06-16-2006, 11:18 AM
Principles of Accounting - by snazzlefrag - 06-16-2006, 11:26 AM
Principles of Accounting - by anar579 - 06-16-2006, 12:00 PM
Principles of Accounting - by dhlvrsn - 06-16-2006, 12:03 PM
Principles of Accounting - by snazzlefrag - 06-16-2006, 12:28 PM
Principles of Accounting - by ChristaKB - 06-16-2006, 10:21 PM
Principles of Accounting - by snazzlefrag - 06-16-2006, 10:35 PM
Principles of Accounting - by libartsmgr - 06-16-2006, 10:40 PM
Principles of Accounting - by snazzlefrag - 06-16-2006, 10:46 PM
Principles of Accounting - by libartsmgr - 06-17-2006, 07:18 AM
Principles of Accounting - by ChristaKB - 06-17-2006, 01:23 PM
Principles of Accounting - by snazzlefrag - 06-17-2006, 01:58 PM
Principles of Accounting - by Kiwi Lover - 06-17-2006, 09:37 PM
Principles of Accounting - by Kiwi Lover - 06-17-2006, 09:40 PM
Principles of Accounting - by snazzlefrag - 06-17-2006, 10:06 PM
Principles of Accounting - by snazzlefrag - 06-17-2006, 10:08 PM
Principles of Accounting - by snazzlefrag - 06-20-2006, 12:17 AM
Principles of Accounting - by Librevore - 06-20-2006, 09:06 AM
Principles of Accounting - by anar579 - 06-20-2006, 09:26 AM
Principles of Accounting - by Kiwi Lover - 06-20-2006, 12:05 PM
Principles of Accounting - by Kiwi Lover - 06-20-2006, 12:06 PM
Principles of Accounting - by snazzlefrag - 06-20-2006, 01:12 PM
Principles of Accounting - by cbrchris - 06-20-2006, 02:13 PM
Principles of Accounting - by Kiwi Lover - 06-20-2006, 03:39 PM
Principles of Accounting - by yutzyj - 06-20-2006, 04:03 PM
Principles of Accounting - by snazzlefrag - 06-20-2006, 04:27 PM
Principles of Accounting - by snazzlefrag - 06-20-2006, 04:29 PM
Principles of Accounting - by BELLA - 06-20-2006, 07:12 PM
Principles of Accounting - by Librevore - 06-20-2006, 09:14 PM
Principles of Accounting - by yutzyj - 06-21-2006, 08:13 AM
Principles of Accounting - by adrian - 06-23-2006, 10:09 AM
Principles of Accounting - by snazzlefrag - 06-23-2006, 10:20 AM
Principles of Accounting - by yutzyj - 06-23-2006, 11:05 AM
Principles of Accounting - by upgray - 08-02-2006, 04:55 PM
Principles of Accounting - by ShotoJuku - 08-02-2006, 05:11 PM
Principles of Accounting - by snazzlefrag - 08-02-2006, 07:40 PM
Principles of Accounting - by avi - 08-06-2006, 10:44 AM
Principles of Accounting - by Librevore - 08-06-2006, 04:56 PM
Principles of Accounting - by rome - 08-15-2006, 10:42 AM
Principles of Accounting - by ShotoJuku - 08-15-2006, 11:01 AM
Principles of Accounting - by snazzlefrag - 08-15-2006, 03:20 PM
Principles of Accounting - by rome - 08-18-2006, 04:25 PM
Principles of Accounting - by snazzlefrag - 08-18-2006, 04:35 PM
Principles of Accounting - by rome - 08-19-2006, 07:18 AM
Principles of Accounting - by ShotoJuku - 08-19-2006, 08:08 AM
Principles of Accounting - by Librevore - 08-20-2006, 02:03 AM
Principles of Accounting - by lhodgdon - 09-04-2006, 04:33 PM
Principles of Accounting - by yutzyj - 09-04-2006, 06:18 PM
Principles of Accounting - by snazzlefrag - 09-04-2006, 09:18 PM
Principles of Accounting - by Librevore - 09-04-2006, 10:16 PM
Principles of Accounting - by lhodgdon - 09-17-2006, 01:08 PM
Principles of Accounting - by Kiwi Lover - 09-17-2006, 01:59 PM
Principles of Accounting - by snazzlefrag - 09-17-2006, 04:23 PM
Principles of Accounting - by lhodgdon - 09-17-2006, 11:31 PM
Principles of Accounting - by lhodgdon - 09-20-2006, 11:24 PM
Principles of Accounting - by Kiwi Lover - 09-21-2006, 05:31 AM
Principles of Accounting - by yutzyj - 09-21-2006, 05:09 PM
Principles of Accounting - by lhodgdon - 09-22-2006, 11:40 AM
Principles of Accounting - by Kiwi Lover - 09-22-2006, 12:50 PM
Principles of Accounting - by ShotoJuku - 09-22-2006, 12:58 PM
Principles of Accounting - by Librevore - 09-22-2006, 03:23 PM
Principles of Accounting - by snazzlefrag - 09-22-2006, 08:27 PM
Principles of Accounting - by adamdriggers - 09-29-2006, 05:27 PM
Principles of Accounting - by Librevore - 10-23-2006, 01:08 AM
Principles of Accounting - by snazzlefrag - 10-23-2006, 01:14 AM
Principles of Accounting - by rome - 10-23-2006, 02:39 PM
Principles of Accounting - by donvago1 - 11-09-2006, 07:19 PM
Principles of Accounting - by Kiwi Lover - 11-09-2006, 07:27 PM
Principles of Accounting - by yutzyj - 11-09-2006, 07:47 PM
Principles of Accounting - by wannabeit - 11-09-2006, 08:40 PM
Principles of Accounting - by Librevore - 11-09-2006, 10:18 PM
Principles of Accounting - by stdss - 11-12-2006, 09:03 PM
Principles of Accounting - by Librevore - 11-13-2006, 12:01 AM
Principles of Accounting - by yutzyj - 11-13-2006, 02:54 PM
Principles of Accounting - by Papa Georgia - 11-13-2006, 03:27 PM
Principles of Accounting - by Silky1 - 12-06-2006, 12:39 PM
Principles of Accounting - by Keyboard Ninja - 12-13-2006, 03:24 PM
Principles of Accounting - by Silky1 - 12-14-2006, 02:00 PM
Principles of Accounting - by Winnawer - 12-26-2006, 08:38 AM
Principles of Accounting - by ShotoJuku - 12-26-2006, 09:14 AM
Principles of Accounting - by fiveninerzero - 12-27-2006, 05:59 PM
Principles of Accounting - by decall - 01-16-2007, 04:45 PM
Principles of Accounting - by cyclist - 03-11-2007, 06:25 PM

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