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Are you scared that you will fail your accounting exams? Are you wondering who will help you with your accounting exam?
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Accounting exams require months of constant study sessions as they are very difficult for students to get a hold of the time required to study for these Accounting exams. Nowadays, students have a very hectic schedule due to their personal and social life. Moreover, a degree like Accounting requires ample time for assignments and theories. A helping hand in such a difficult field is more than what you can ask for. All Online Classes Hub offers the students a chance to have a helping hand to look after the students. We have a team full of experts ready to contribute their skills and experience for the sake of our accounting students. Through the help of these experts passing your Accounting exam will be a walk in the park for you.
Several branches for accouting consist of different tests. The unpredictability of questions and their types is immense as branches such as Financial and cost accounting mostly consists of numerical questions while Management accounting includes more theoretical questions that can rattle your brain. In each branch, the All Online Classes Hub offers the students a chance to have a helping hand to look after the students. We have a team full of experts ready to contribute their skills and experience for the sake of our accounting students. Through the help of these experts passing your Accounting exam will be a walk in the park for you.
The exam format for Financial Accounting (FA/FFA) is a computer-based exam (CBE).
The exam will comprise two sections: Section A contains 35 objective questions for two marks each and Section B contains two multi-task questions for 15 marks each. As stated in the syllabus the multi-task questions will test consolidations and accounts preparation. If you are well-prepared and understand the key areas of the syllabus you will be able to tackle all these questions with confidence.
As with any exam, however, you must understand how the style of questions works and any particular techniques which you need to use in answering them. Due to the nature of the topics examinable in the FA/FFA exam's multi-task questions, these will likely involve producing financial statements (for example a statement of profit or loss, a statement of financial position, or a statement of cash flows) either in full or extracts. You should bear in mind the following points when attempting this style of question.
Accounting is a field where you can Accelerate by making your basics strong
The first thing which is taught in accounting is classification which you must know whether an item is an asset or liability, expense or income. If you don’t know this basic thing you can't go any further.
The next thing is recording for which we make ledgers and accounting entries are passed. So you must learn which item is to be debited and which item to be credited. Your concepts regarding this should be clear as the whole accounting is based on this concept. And yes you must be familiar with the Golden rule of accounting which is ‘debit what comes in and credit what goes out’
These are a few basics on which whole accounting is based and if you don't know these then you can't go any further. So better now than ever you should start working on your basics if you are planning to grow in this field. The most important thing in accounting is that you should practice as frequently as you can.
There are multiple easy steps to help you solve your online exams.
There's nothing more discouraging than turning your computer on to take a pre-scheduled test and discovering your equipment is not working or you have an access problem. As well as you are able, check out your computer ahead of the test. Make sure it's working and that your Wi-Fi connection is available.
Give yourself time to get another computer or travel to an alternative Wi-Fi access point if need be. It's also a good idea to open two different browsers, one to take the test, and another to look up information (if you're allowed to do so). That way, you won't run the risk of inadvertently closing your exam and possibly losing results.
Make sure you've turned off all distractions -- TV, phone, social media, and all notifications. Get the kids and pets settled ahead of time, or find someone to take care of them so that you can proceed undistracted. Gather all the things you will need, including books, notebooks, pens, or pencils to work out mathematical problems or to jot down notes.
Check and recheck the test time and date. Can you take the exam anytime within a certain window of time? How long will you have to complete the test? Go over any additional instructions thoroughly.
Ask your instructor for a practice exam and take it. Ask for any additional recommendations for preparing for the test.
Even if your exam is "open book," you need to be familiar with the material so you don't waste time hunting for it. By having a good mastery of the material, you can organize what you think you will need to know in study notes and your mind so it's more easily accessible when you're answering exam questions.
If you get stumped on a question, move on to the next one. You can come back and work on the questions that require more thought later.
If you don't know the answer to a multiple-choice question, start eliminating it. Usually, a few of the answers will be incorrect, and may be similar in content or just don't seem to fit. Weigh those that seem closest to what the instructor is looking for, further eliminating as you work through to the answer.
If you have limited time to take the test, set a watch or clock to alert you 10 minutes or so before your deadline so you will know how much time you have left to complete the test. Also, don't forget to circle back to any questions you skipped.
Don't despair, but do take screenshots and notify your instructor right away.
Give yourself time to check and recheck your work before you submit it. Make sure all questions are answered, whether they're short answers or multiple choice. Remember, you will always get zero credit for the questions you don't answer.
If you are completely thinking to go off this misery of online accounting exams then All Online Classes Hub offers the students a chance to have a helping hand to look after the students. We have a team full of experts ready to contribute their skills and experience for the sake of our accounting students. Through the help of these experts passing your Accounting exam will be a walk in the park for you.
