Chapter 1: Supplemental Practice

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Chapter 1: Supplemental Practice

Supplemental practice will test your knowledge of chapter 1 concepts using a variety of multiple choice questions, true/false questions, simulation questions, and various other problem solving scenarios. Both comprehensive and customized practice are adaptive which means the website algorithm will give you more questions in areas that you performed poorly in.


Comprehensive Chapter 1 Practice

Select this option if you want to practice all concept areas of chapter 1.


Customized Chapter 1 Practice

Select the concept areas you want to review then select “Begin Chapter 1 Customized Review”:

 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
 

Diagnostic Results

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 take the skills quiz and proceeding to the next chapter. Diagnostic results are only available to students who have logged in to their account.

Progress Mastered Chapter Topic
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

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