Guide Essay

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ACCT346 Midterm Exam Study Guide The midterm exam consists of 25 multiple choice questions valued at 4 points each, 1 essay question valued at 20 points, and 2 computational problems valued at 25 points each. The questions found on your exam are selected randomly from a pool of questions but will represent topics from TCOs 1 through 7. Multiple choice questions are in a pool of 75 questions that represent each of the TCOs listed above and come from chapters 1 through 7 of the textbook. The essay and computational questions are pooled as well. They will focus on topics from TCOs 3, 4 and 7. Make sure you show your computations (to earn partial credit) in a clear well thought out method. The computation requirements should easily be found in the textbook and only math errors would render the answer incorrect. It is suggested that all computations are completed twice with a calculator. You will have 3 hours to complete the exam. Be sure to save frequently, because when the time limit is reached you will be automatically exited from the exam. Time management is critical to completing this exam. It is suggested that you complete the multiple choice questions from knowledge saving time to spend researching and computing the answers to computational problems. Once complete, you could then recheck the answers to the multiple choice questions. If you have any technical problems please call the Help Desk: 800-594-2402. This study guide is designed to give you the content area to focus your study. Some of the key study areas are listed below (while these are key areas remember that the exam is comprehensive for all the assigned course content and this study guide may not be all inclusive). TCO | TOPIC | 1 | Managerial and financial accounting characteristics(1) Financial accounting is aimed primarily at external users of accounting information, while managerial

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