Managerial Accounting Saylor aligned to TECEP - Printable Version +- Online Degrees and CLEP and DSST Exam Prep Discussion (https://www.degreeforum.net/mybb) +-- Forum: Main Category (https://www.degreeforum.net/mybb/Forum-Main-Category) +--- Forum: Saylor.org, Straighterline, Study.com, OnlineDegree.com, Sophia.Org Discussion (https://www.degreeforum.net/mybb/Forum-Saylor-org-Straighterline-Study-com-OnlineDegree-com-Sophia-Org-Discussion) +--- Thread: Managerial Accounting Saylor aligned to TECEP (/Thread-Managerial-Accounting-Saylor-aligned-to-TECEP) |
Managerial Accounting Saylor aligned to TECEP - pandas4eva - 01-19-2017 Today I took and passed the Managerial Accounting TECEP! I used the Saylor Academy course (BUS105: MANAGERIAL ACCOUNTING) that is aligned with this exam. I was a bit worried that the course wouldn't actually prepare me for the exam, but since it was FREE I decided to go for it. The course outline almost exactly matches the test description from TESU, and I can now attest that the course is very closely aligned with the exam itself. I even noticed a few questions from the Saylor final on the TECEP! Overall, this exam was about as difficult as would be expected from a 100-level accounting exam. I was able to use a financial calculator but a 4-function one would have worked fine too. There were not any complex calculations that I remember. The exam was primarily knowing the various definitions and ratios. I did run across a few things that I didn't recognize from the Saylor course: -Influence peddling -Japanese financial reporting requirements(why this is on there, I do not know...) -Convergence There were also a few things that I wish I had studied/practiced more: -Average rate of return(at least 4 questions about this on my exam) -Payback period -High/Low Method(know how to calculate) -Classification of costs(common, controllable, committed, etc). -I'd also recommend committing all of the variance equations to memory. There were plenty of questions involving those. In conclusion, I would definitely recommend the Saylor course as awesome free prep if you are taking or thinking of taking this exam! |