July+16

Today was the BIG test day. Before the break, previous Quizzes and Assignments were returned to you - you then had time to review your results and look at the feedback provided. The rest of the time before the break was for studying and asking any questions you had.

After the break, the Open Book Test was provided. The test was BIG since it covered: Chapter 5 - Accounting for Merchandising Companies Chapter 9 - Inventory Costing Chapter 8 - Receivables Chapter 10 - Capital Assets

So the test is like a mid-term exam. We are covering a LOT of material in a very __short__ period of time (4 weeks vs. 5 months!) No one was able to finish the test so everyone will have an opportunity to complete the test tomorrow.

On the bright side, once everyone is finished the test tomorrow we will watch the movie "Wall Street" as our introduction to "Ethics in Business".

My aim is to have your test back by no later than Monday, July 23rd. Keep in mind that while there is only one you writing each test, I have the entire class set to mark.