Extra Credit _3 Solution

Extra Credit _3 Solution - Assessment Statistics Extra...

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Assessment Statistics: Extra Credit #3 FINANCIAL ACCOUNTING I (COMB SECTS 001 - 002 MATERIALS) (ACCT401 - 001 - SPRING - 2011) > CONTROL PANEL > GRADE CENTER > ITEM OPTIONS > ASSESSMENT STATISTICS: EXTRA CREDIT #3 The statistics are calculated based only on the attempts being used in the grading option (Last attempt, First attempt, Lowest Score, Highest Score, or Average of Scores). If Average of Scores is the grading option, then all attempts are included in the statistics. Name Extra Credit #3 Average Score 3.34 Attempts 75 (Total of 75 attempts for this assessment) Graded Attempts 75 Attempts Needing Grading 0 Instructions Question 1 Multiple Choice Average Score 0.99 points The purpose of closing entries is to transfer: Correct Answers Percent Answered Accounts receivable to retained earnings when an account is fully paid. 1.333% Balances in temporary accounts to a permanent account. 98.667% Inventory to cost of goods sold when merchandise is sold. 0%

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This note was uploaded on 02/22/2012 for the course ACCT 401 taught by Professor Winchel during the Spring '10 term at South Carolina.

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Extra Credit _3 Solution - Assessment Statistics Extra...

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