ACCT 2101 : Exam 2 Knowledge Guide
Document Summary
All information in the text, notes, study guide and covered on wiley plus is eligible for testing. Listed below are the knowledge content areas that can be tested on exam 2. You will have between 35 and 40 questions. About 60% of questions will be conceptual and 40% will be computational. Questions can be worth 2, 3, or 4 points. All questions will be in multiple choice format. There are opportunities for partial points on some problems. While this list is intended to be a guide it may not constitute 100% of all materials covered on the exam. It requires all levels of management to plan ahead. It creates an early warning system for potential problems. It facilitates the coordination of activities within the business. It results in greater management awareness of the entity"s overall operations. Involves the selection of strategies to achieve long-term goals and the development of policies and plans to implement the strategies.