CSCC ACCOUNTING 1212 EXAM 1 PRACTICE
SOLUTION TEST 2026 COMPLETE
QUESTIONS AND CORRECT ANSWERS
GRADED A+
●● How many questions are on Exam #1?
Answer: 27 questions
●● What is the maximum score possible on Exam #1?
Answer: 108%
●● What is the breakdown of question types on Exam #1?
Answer: 63% mathematical (17 questions) and 37%
conceptual/definitional (10 questions)
●● What are the two types of account classifications?
Answer: Temporary and Permanent accounts
●● What happens to temporary accounts at the end of each accounting
period?
Answer: They are reset to zero (closed to retained earnings).
SOLUTION TEST 2026 COMPLETE
QUESTIONS AND CORRECT ANSWERS
GRADED A+
●● How many questions are on Exam #1?
Answer: 27 questions
●● What is the maximum score possible on Exam #1?
Answer: 108%
●● What is the breakdown of question types on Exam #1?
Answer: 63% mathematical (17 questions) and 37%
conceptual/definitional (10 questions)
●● What are the two types of account classifications?
Answer: Temporary and Permanent accounts
●● What happens to temporary accounts at the end of each accounting
period?
Answer: They are reset to zero (closed to retained earnings).