Accounting 20 Online Final Exam Guide for StudentsThe following is a guide to assist you in studying for the comprehensive finalexam. There will be 50 multiple choice and/or calculated questions worth 3points each for a total of 150 points. Make sure you have scratch paper and asimple calculator. Your time is limited to 2 ½ hours. Make sure you start earlyenough so you complete the exam online by the time stated.You will have onlyone attempt to take the final exam on the exam date.The final exam questionsmay include the following topics:Chapter One.Basic accounting equation and expanded accounting equation.Accounting process.GAAP- including historical cost principle, matching principle, economic entityassumption, monetary unit assumption,.Definitions of basic accounting terms such as assets, liability, stockholders’equity, revenues, expenses, and dividendsChapter Two.Journal entries..Chart of Accounts, General Ledger, General Journal, Trial Balance, Posting,and Journalizing.Account Balances
