ACCT 2101 : ACCT Exam2 KnowledgeGuide
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 40% of questions will be conceptual and 60% 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. = total revenue: collections schedule ( cash receipts) % of revenue x credit sales - (total must = total credit sales don"t forget about uncollectible) Remember to remove any cash collections from total sales immediately: production - meaning, how it starts, and format. + dei of fin goods (desired ending inventory)