ACC241– Fall 2009 Exam #1 – Tentative Study Guide The exam is not finalized yet . The Multiple Choice portion of the Exam will be administered Wednesday, September 23 rd in your breakout. The problem/short answer portion of the exam will be administered, Friday, September 25 th in your breakout. 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 for the MC questions and these will be provided. Additionally, you will not be able to use the calculator available on cell phones. MC Portion 25 MC @ 2 each = 50 Problems/Short Answer 4 problems/short answer = 50 100 Note: The following is not intended to be all inclusive Chapter 1 Be able to: • Compare and contrast managerial accounting with financial accounting and distinguish between the information needs of external and internal users. Chapter 2
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