The skills quiz should be taken when you feel you have mastered all of the chapter concepts. If you feel ready then select the button below to begin the skills quiz. For best results, do not use any outside notes or other resources as it will end up skewing your performance. You will be given a diagnostic summary page at the end of the quiz to determine where your strengths and weaknesses are. The quiz consists of 16 questions with no time limit. You must get at least 14 of the questions correct to master this quiz. You must complete the quiz in one session.
The following chart lists your performance results. It shows where you need additional practice/review and areas that you have mastered. You should master all areas of chapter concepts before proceeding to the next chapter. Diagnostic results are only available to students who have logged in to their account.
|1.1 – The Business Environment|
|1.2 – Purpose of Accounting|
|1.3 – A Brief History of Accounting|
|1.4 – Users of Accounting Information|
|1.5 – Financial Accounting Courses|
|1.6 – The Role of Ethics in Financial Accounting|
|1.7 – Basics of How A Business is Operated|
|1.8 – Characteristics of Business Entities|
|1.9 – Accounting As a Profession|
|1.10 – Financial Accounting’s Role in Financial Reporting|
|1.11 – Overview of Financial Accounting|