The final exam consists of 18 multiple choice questions valued at five points each, two essay questions valued at 20 points each, and four computational problems valued at 30 points each. The questions found on your exam are selected randomly from a pool of questions and represent topics from all TCOs.
Multiple choice questions are in pools that represent each of the TCOs covered in the course.
The computational problems are pooled as well. The computational problems will focus on topics from TCOs 6, 7, 8, and 9. Make sure you show your computations (to earn partial credit) in a clear, well thought out method. The computation requirements should easily be found in the textbook and/or weekly lectures, and only math errors would render the answer incorrect. It is suggested that all computations are completed twice with a calculator.
The essay questions are also pooled. The essay questions will focus on topics from TCOs 7 and 9. Make sure that you provide a well thought out answer using correct grammar and spelling.
You will have 3 hrs 30 min to complete the exam. Be sure to save frequently, because when the time limit is reached, you will be automatically exited from the exam. Time management is critical to completing this exam. It is suggested that you complete the multiple choice questions from knowledge, saving time to spend researching and computing the answers to computational problems and essay questions. Once complete, you could then recheck the answers to the multiple choice questions.
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This study guide is designed to give you the content area to focus your study. Some of the key study areas are listed below (while these are key areas, remember that the exam is comprehensive for all the assigned course content and this study guide may not be all inclusive).
TCO
TOPIC
1
Types of budgets
1
Advantages and disadvantages of budgets
2