EXAM SUMMARY
ACCOUNTING AND FINANCE
Undergraduate Academic Degree Levels
July 2020
Written & Delivered By:
, Exam Summary: Accounting and Finance Undergraduate Level 2
ACCOUNTING AND FINANCE
EXAM SUMMARY
Introduction
Peregrine Academic Services, the higher education division of Peregrine Global Services,
provides assessment services for performing direct assessment of learning outcomes for several
academic disciplines. The online exams are used to evaluate retained student knowledge in
relation to the academic program’s learning outcomes.
This document outlines the Accounting and Finance topics for use with associate and bachelor
academic degree programs.
The assessment service is designed for use by U.S.-based schools and programs.
Validity and Reliability
Peregrine Academic Services places a high priority on ensuring the validity and reliability of the
assessment services. These practices begin at the design stage and continue through beta-
testing, and with ongoing regularly scheduled quality reviews. A summary of these approaches
is provided at the end of this document. For additional information regarding the reliability
process, please refer to the following peer-reviewed article:
Oedekoven, O. O., Napolitano, M., Lemmon, J., & Zaiontz, C. (2019). Determining test
bank reliability. Transnational Journal of Business, 4(Summer), 63-74.
Testing Process
The exams include 10 questions for each exam topic. Each exam is unique as questions are
selected at random from the test bank of over 200 questions per topic. Institutions select the
topics to be included in the exam to align with the learning outcomes and program curriculum.
, Exam Summary: Accounting and Finance Undergraduate Level 3
Available Exam Topics
The specific topics for this assessment service that are available for use with a customized
assessment are:
• Accounting
• Business Communications
• Business Ethics in Accounting
• Business Finance
• Business Policies, Integration, and Strategic Management
• Economics
o Macroeconomics
o Microeconomics
• Global Dimensions of Business Accounting
• Information Systems
• Leadership in Accounting
• Legal Environment of Business
• Management
o Human Resource Management
o Operations Management
o Organizational Behavior
• Marketing
• Quantitative Techniques, Statistics and Research Analysis
Available Supplemental Topics
• Accounting and the Business Environment
• Activity-Based Costing and Other Cost Management Tools
• Auditing
• Capital Budgeting Cash Flows
• Capital Budgeting Techniques
• Capital Investment Decisions and the Time Value of Money
• Cash Flow and Financial Planning
• Completing the Accounting Cycle
• Corporations: Effects on Retained Earnings and the Income Statement
• Corporations: Paid-in Capital and the Balance Sheet
, Exam Summary: Accounting and Finance Undergraduate Level 4
• Cost Accounting
• Cost-Volume-Profit Analysis
• Current Liabilities and Payroll
• Current Liabilities Management
• Financial Market Environment
• Financial Statement Analysis
• Financial Statements and Ratio Analysis
• Flexible Budgets and Standard Costs
• Governmental and Nonprofit Accounting
• Hybrid and Derivative Securities
• Interest Rates and Bond Valuation
• Internal Control and Cash
• International Managerial Finance
• Job Order and Process Costing
• Leverage and Capital Structure
• Long-Term Liabilities, Bonds Payable, and Classification of Liabilities on the Balance
Sheet
• Merchandising Inventory
• Merchandising Operations
• Mergers, LBOs, Divestitures, and Business Failure
• Overview of Management Accounting
• Payout Policy
• Performance Evaluation and the Balanced Scorecard
• Plant Assets and Intangibles
• Receivables
• Recording Business Transactions
• Risk and Refinements in Capital Budgeting
• Risk and Return
• Roles of Managerial Finance
• Short-Term Business Decisions
• Stock Valuation
• Taxation: Corporations
ACCOUNTING AND FINANCE
Undergraduate Academic Degree Levels
July 2020
Written & Delivered By:
, Exam Summary: Accounting and Finance Undergraduate Level 2
ACCOUNTING AND FINANCE
EXAM SUMMARY
Introduction
Peregrine Academic Services, the higher education division of Peregrine Global Services,
provides assessment services for performing direct assessment of learning outcomes for several
academic disciplines. The online exams are used to evaluate retained student knowledge in
relation to the academic program’s learning outcomes.
This document outlines the Accounting and Finance topics for use with associate and bachelor
academic degree programs.
The assessment service is designed for use by U.S.-based schools and programs.
Validity and Reliability
Peregrine Academic Services places a high priority on ensuring the validity and reliability of the
assessment services. These practices begin at the design stage and continue through beta-
testing, and with ongoing regularly scheduled quality reviews. A summary of these approaches
is provided at the end of this document. For additional information regarding the reliability
process, please refer to the following peer-reviewed article:
Oedekoven, O. O., Napolitano, M., Lemmon, J., & Zaiontz, C. (2019). Determining test
bank reliability. Transnational Journal of Business, 4(Summer), 63-74.
Testing Process
The exams include 10 questions for each exam topic. Each exam is unique as questions are
selected at random from the test bank of over 200 questions per topic. Institutions select the
topics to be included in the exam to align with the learning outcomes and program curriculum.
, Exam Summary: Accounting and Finance Undergraduate Level 3
Available Exam Topics
The specific topics for this assessment service that are available for use with a customized
assessment are:
• Accounting
• Business Communications
• Business Ethics in Accounting
• Business Finance
• Business Policies, Integration, and Strategic Management
• Economics
o Macroeconomics
o Microeconomics
• Global Dimensions of Business Accounting
• Information Systems
• Leadership in Accounting
• Legal Environment of Business
• Management
o Human Resource Management
o Operations Management
o Organizational Behavior
• Marketing
• Quantitative Techniques, Statistics and Research Analysis
Available Supplemental Topics
• Accounting and the Business Environment
• Activity-Based Costing and Other Cost Management Tools
• Auditing
• Capital Budgeting Cash Flows
• Capital Budgeting Techniques
• Capital Investment Decisions and the Time Value of Money
• Cash Flow and Financial Planning
• Completing the Accounting Cycle
• Corporations: Effects on Retained Earnings and the Income Statement
• Corporations: Paid-in Capital and the Balance Sheet
, Exam Summary: Accounting and Finance Undergraduate Level 4
• Cost Accounting
• Cost-Volume-Profit Analysis
• Current Liabilities and Payroll
• Current Liabilities Management
• Financial Market Environment
• Financial Statement Analysis
• Financial Statements and Ratio Analysis
• Flexible Budgets and Standard Costs
• Governmental and Nonprofit Accounting
• Hybrid and Derivative Securities
• Interest Rates and Bond Valuation
• Internal Control and Cash
• International Managerial Finance
• Job Order and Process Costing
• Leverage and Capital Structure
• Long-Term Liabilities, Bonds Payable, and Classification of Liabilities on the Balance
Sheet
• Merchandising Inventory
• Merchandising Operations
• Mergers, LBOs, Divestitures, and Business Failure
• Overview of Management Accounting
• Payout Policy
• Performance Evaluation and the Balanced Scorecard
• Plant Assets and Intangibles
• Receivables
• Recording Business Transactions
• Risk and Refinements in Capital Budgeting
• Risk and Return
• Roles of Managerial Finance
• Short-Term Business Decisions
• Stock Valuation
• Taxation: Corporations
