CLEP Principles of Accounting

[Old Rusty Pipe]

My approach to the Accounting CLEP so far:

1) Worked through all of the Financial Accounting parts on IC.
2) Worked through the Financial Accounting section of 'Accounting Workbook for Dummies'
3) Using Navy Knowledge Online, I did the Fundamentals of Financial Accounting.
4) Been hitting the practice problems on principlesofaccounting.com

I took the Collegeboard Practice CLEP today for the upcoming Financial Accounting test being implemented June 30, 2006. I missed 19 out of 47 (61% correct).

I'm now moving on to the Managerial Accounting portion of the subject material and will start with the sections on IC, followed by finishing out the Managerial Accounting sections of my 'Accounting Workbook', and brushing up on principlesofaccounting.com.

Hopefully by Friday or Saturday I'll be able to start work on the Peterson's practice exams for the Principles of Accounting. Followed by my CLEP on Tuesday.

I have a few questions for those that have taken this exam:

1) While I understand that an exact percentage is almost impossible to equate to actual success on the exam, I was wondering if the curve on this one will help me, or hurt me.

2) Are the Peterson's practice exams a good indication for this one.

3) Based upon my above information would it be wise to push the exam back another week.

I only get one shot at this test and failure is not an option.

Thoughts anyone?