Georgia Institute Of Technology

MGT 8803

Exam I Financial Accounting (Counts 20% of Course
Grade)

Instructions
NOTE: Students are NOT allowed to copy or screen print questions/problems on this exam. You
will be allowed an opportunity to review your exam after the exam period has closed.
This EXAM may be taken during the time period Friday January 28, 2022 (12:00 am eastern time), to
Tuesday February 1, 2022 (2:59 am eastern time) and will require 195 minutes of uninterrupted time.
NOTE ALL TIMES ARE EASTERN DAYLIGHT TIME.
Exam 1 covers the Financial Accounting module. "Theory" questions are either Multiple Choice,
Matching, or True/False. Questions that require calculations to solve are also multiple choice with five
potential answers provided. There will be no credit for "work" or partially correct answers. Answers were
determined using Microsoft Excel and an online calculator. There may be very minor differences
between your answer and the correct answer listed in the choice options simply due to differences in
rounding or truncation. Pick the answer that closest approximates your answer if there is not an exact
match. Unless otherwise noted (for an example a problem where the solution is a percentage) round
numeric answers to the nearest whole integer. For solutions that are percentages round to the nearest
1/100th of a percent (.00%).
The exam does not start until you have concluded the proctoring initialization process. Once the exam is
visible, you will have exactly 195 minutes to complete it. This process cannot be "paused" so please
remember that once you start, 195 minutes later the exam will automatically close and no further entries
will be permitted. Once you begin scrolling through the exam, the exam timer will no longer be visible
without scrolling back to the top of the page. For this reason, it is suggested that you keep a clock or
timer nearby and keep a close eye on it. It is your responsibility to ensure that you submit your exam
before time runs out.
Given the length of the exam you are allowed up to two 5-minute bathroom breaks and are allowed to
have food and drinks (on camera while taking the exam). However once the timer begins on the exam it
does not stop, even when you are on bathroom breaks.
Maximum Points That Can Be Earned Is 107 Points