Intermediate I Entrance Exam
Students desiring to register for Accounting 3311 must pass a Departmental Entrance Exam. Following are answers to frequently asked questions about this exam. PLEASE READ THE FOLLOWING Q&A BEFORE CALLING THE DEPARTMENT WITH QUESTIONS -- THANKS!
THE NEXT EXAM DATE IS TENTATIVELY SCHEDULED FOR 10 a.m. ON:
August 11, 2007
The exam will also be offered on August 25, 2007.
The Exam will be held in the UTA College of Business Building. Specific room locations will be posted the day of the exam in the Business Building.
The link to sign up for the exam will be posted here a week before the exam in given.
READ ALL OF THE FOLLOWING INSTRUCTIONS!!!!
Please arrive at least 30 minutes early to allow time to check in. Only preregistered students are eligible to take this exam.
What is the purpose of this requirement?
A student's performance in Intermediate Accounting is often viewed as the single most important indicator of aptitude for success in the accounting profession. Prospective employers pay close attention to a student's performance in this course. Unfortunately, many students fail to do well in this course, not because of their aptitude, but because of their lack of preparedness upon entering the course. It is essential that a student's prerequisite knowledge be sufficient to prepare a student to succeed in Intermediate. The goal of the exam is make sure that our students are prepared to succeed, rather than allowing them to proceed to fail.
OK, I understand the goal -- but I'm frightened. What should I do?
First, ask yourself: Have I truly learned what I need to know about basic principles of accounting in my prerequisite classes (Introduction to Financial and Introduction to Managerial Accounting (also known as Principles of Accounting))? If you are certain of this, you should pass the exam. If you are uncertain, try the sample exam (click on the link). If you did not do well on the exam, you need to study more. You should study from your textbook or other supplemental material such as principlesofaccounting.com. f you did poorly, you should consider taking introductory classes again. A brief retreat to regroup is not a bad thing if it helps you achieve your longer range goals.
I think I am ready for the exam. Now what?
You should have at least completed Accounting 2301 or its equivalent. It is a good idea to have completed Accounting 2302 as well, but not mandatory. Check this site for information about times, locations, and registration processes. The next scheduled exam is listed at the top of this page.
And, how much is this going to cost?
The exam is free, and available to anyone who intends to enroll in Intermediate Accounting at UTA.
How often will the exam be given?
The exam is given several times per year, usually near the end of each term and again shortly before the beginning of a new term. Just keep an eye on this website to monitor the exact schedule for upcoming exam dates.
Will the exam change each time?
The questions will change, but the subject matter will not (without prior notice). The subject matter is identified parenthetically on the sample exam. The exam will consist of 32 multiple-choice questions.
How long is the exam?
You are allowed two hours to complete the exam, and should easily be able to complete the exam within that time. Plan to use the full two hours to double-check your answers.
How will I get my scores?
You can check back in at the registration web site -- your status will be posted after the exams are graded. Please remember your password to the secure site.
What kind of scores can I expect?
You will be scored on a pass/fail basis; however a score of 75% is definitely passing. Individual exams may be curved upward, and questions that prove to be answered incorrectly by most of the candidates will be tossed from consideration. If you know the subject, we will do everything we can to see that you pass!
So, once I pass, then what?
The Department will maintain a list of persons passing the exam, and this list will be used to determine who is eligible to enroll in Accounting 3311. Students not on the list will not be permitted to enroll in Accounting 3311.
Once you are on the approved list (you passed!), you will not need to take the exam again. At the time you decide to actually enroll in Accounting 3311, you will need to call the Department (817.272.3481) and let them know the specific section in which you intend to enroll. The Department will code MyMav to allow this enrollment to occur. When you call, please be prepared to provide your student ID number, the section number in which you wish to enroll, and the date of the exam you passed.
Note: If you tried to enroll before calling the Department, you need to clear Accounting 3311 from your shopping cart prior to calling the Department. This will expedite the approval process.
What if I fail?
Be sturdy, dust off, and try again. But, benefit from the message -- "You may not be prepared to succeed in Intermediate." You should definitely study more -- perhaps retake an appropriate introductory course.
How often can I take the exam?
You can retake the exam as many times as you wish. We only maintain records of those who pass. You are not required to retake any course if you do not pass the exam. There is no mandatory waiting period for taking the exam again. The only limitation will be the frequency with which we offer the course.
I did really well in my introductory course. Can I get a waiver of the exam?
There are no waivers of the exam requirement. However, if you took your introductory class (Accounting 2301) at UTA beginning with the Spring 2006 semester, and scored in the top one-third of your Accounting 2301's comprehensive final exam (with no less than a B on that exam), it is more than equivalent to this entrance exam and will suffice. Your teacher will need to notify the Department of your satisfactory completion of this requirement. Otherwise, plan on taking the entrance exam prior to enrolling in Accounting 3311.
What should I bring to the entrance exam?
Two valid picture IDs and a pencil. Don't bring crib notes, etc. Leave your books at home. No cell phones, cameras, calculators, computers or other devices will be permitted in the exam room.
What can I take from the exam?
You can take what you brought, but nothing more. The exam will remain the property of the Department, and anyone attempting to remove the exam will be subject to strict disciplinary measures as provided by UTA's policies and procedures. Students will be required to sign an agreement not to divulge or otherwise discuss the specific content of the exam. This is in no way intended to limit student discussion about the general content of the exam. For example, its acceptable to report that there was a question on LIFO inventory methods, but it is unacceptable to report that Question No. X was on LIFO and the answer was "C."