Accounting - Orientation - End of chapter assignments

When you have completed a journal entry, and want to advance to the next journal entry within the problem, you click on "________."

Record Entry

If available, clicking on "Hint" will take you to a video that steps you through the exact question you are working on with a different set of numbers.

True

In some cases, the financial statement headings will require additional input.

True

In some cases, your professor may allow you to check your work.

True

To see a quick overview of an assignment, click on the blue arrow on the far right-hand side of the screen.

True

When preparing journal entries, the account titles are selected using either the dropdown menu (if available) or by keying in the account titles.

True

At the top of the screen, questions 3, 4 and 5 are outlined with a chain. This indicates that ________.

questions 3, 4, and 5 are based on the same set of data

In "Check my work" errors are marked with red X's. You click on "Check my work" and you only see green check marks, but it says "Answer is not complete" at the top. This indicates that ________.

"so far, so good." What you have entered so far is correct, but you have not yet earned full credit

Assume your professor has given you unlimited time on a specific assignment and you have completed some, but not all, of the assignment. A friend stops by and asks you to go out for a couple of hours. What should you do?

Click "Save and Exit." Then, complete the assignment and click "Submit Assignment" before the due date.

When preparing a journal entry, the credits must be listed before the debits.

False

Assume your professor has given you 60 minutes to complete a specific assignment. You have worked on the assignment for 45 minutes but have not yet completed the assignment. A friend stops by and asks you to go out for a couple of hours. What should you do?

Tell your friend to go away for 15 minutes!

The message "Answer is complete and correct" in "Check my work" indicates that full credit has been earned for that question.

True

When you have more than one account debited, you can enter them in either order without losing points.

True

To review the recorded entries, click on "________."

View General Journal

Every cell highlighted in blue will ________.

accept, but not require, input

"Answered" on the question map indicates that the question ________.

has been visited but may be incomplete and/or incorrect