Final_Exam-Fall 2011_studyguide

Final_Exam-Fall 2011_studyguide - ACC241Fall 2011 Final...

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ACC241–Fall 2011 Final Exam – TENTATIVE STUDY GUIDE The multiple-choice questions may have several answers that appear to be correct; however, pick the BEST answer. Make sure you bring a calculator, pencils and an eraser . We will be using scantrons and these will be provided. Additionally, you will not be able to use the calculator available on cell phones. Final Exam: Friday, December 9th, from 4:50 – 6:40pm. Room assignments on last page The exam consists of 40 multiple choice questions for a total of 100 points. (2.5 points each) The exam coverage will roughly be as follows ( not intended to be all inclusive ): Chapter 1, 2, 3, 4 (26%) Be able to: Compare and contrast managerial accounting with financial accounting and distinguish between the information needs of external and internal users. Identify product costs and period costs Understand the difference between direct and indirect costs. Calculate a product cost per unit, given a set of data.
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Final_Exam-Fall 2011_studyguide - ACC241Fall 2011 Final...

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