Dumping Life…. One Thought at a Time….
Sorry for this late update, I was changing webhosts and so decided not to make another post until the dns had propogated (don’t worry if you don’t know what that means).
Since friday, this thing has been making me crazy and at the same time I feel like something went terribly wrong. I was done within one hour and knew I would get more than 21 without any problems but I was soooooo wrong.
Let me tell you little about the pretest. The last time it was revised was in 2004. It had a question on Dividends. I have no idea how one can relate adjusting entries and dividends together. On the pretest website they explicitly say to review the 3rd chapter of any Intermediate Financial Accounting book and you will be good to go. Please tell what book out there talks about Dividends in the 3rd Chapter?
From SFSU Acct 301 Pre-test information page:
“Students may prepare for the pretest by studying any introductory financial accounting textbook which includes material on the double entry bookkeeping system (i.e., debits and credits). Most introductory financial accounting textbooks cover this material. A more efficient method of preparation is studying the review chapter, usually chapter three, of any intermediate financial accounting textbook.”
That’s not all, this Dividend question is a trick question. The answer is NONE or None of the above and I got it wrong. There was this other question out of the blue that had to do with some principle, asnwer to that was Recognition and I picked Matching because 3rd chapter in any accounting book deals with only matching concept.
I have sent them an email and I will also go talk to someone in the Business Department and find out if it’s just me or this test is designed to make sure no one ever gets to enroll in an accounting class.
Talk about Accounting and homework problems on AccountingBLOCK.
Twisted blog of a webprenuer and an accountant rambling about life and good things that are part of everyone's life... Politics, Religion, Economy, Entertainment and Technology.
jeanelle
January 23rd, 2007 at 12:19 am
maaan. that sucks. I took the test too and i thought it was a bit difficult. have you gotten good grades in accounting courses? Because they shouldn’t make the test unattainable. ugh.
Zahid Lilani
January 23rd, 2007 at 3:02 pm
Yeah the reason i went into accounting was that i discovered i am good at it and i did pretty well in it and this pretest makes me feel like i should just put my AA accounting degree in trash…
Fellow SFSU Student
January 16th, 2008 at 12:52 pm
Did you ever pass the Acct 301 Pre-test? If so, do you have any advise as to what to concentrate on? I’ve taken it a couple of times and haven’t passed. It’s rather frustrating. Any help will be appreciated.
Zahid Lilani
January 16th, 2008 at 1:46 pm
Yeah I did pass it eventually. I suggest you concentrate on accrual accounting and first 3 chapters of any accounting book. Hope it helped… and best of luck!
Accountants Guide UK
January 22nd, 2008 at 5:30 am
Feels bad to hear from some who works so hard and then fails the exam. Well; , accountancy is the subject you smply can avoid in collegs. You just can play the guess game here
emilia
August 17th, 2008 at 9:30 am
I took the test yesterday (for the second times). Zahid Lilani was right, the test covered a lot from the first three chapters from any financial accounting textbooks. I got the recognition principle wronged, I thought it was matching principle . Mann
There’s question about ledger, trial, and journal. Several Unearned Revenue problems, and interest expense problems.