How to fill out the TBS questions on the actual exam?

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    Topic
  • #201600
    Kairos
    Participant

    When doing the TBS questions on Ninja, i noticed that answers were marked wrong if left blank, even when there was no entry required, you would have to click the box so that a ” – ” was inputted or put in 0 to get credit.

    On the actual exam, if we leave answers blank where they are supposed to be, are we penalized as such as well?

    Thanks!

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  • #773999
    Biff-1955-Tannen
    Participant

    Nobody knows. And thats just the way they want it so you can fail it and then pay to retake it.

    AUD - 93
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    Nobody calls me chicken

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    99% Ninja MCQ only

    #774000
    MaLoTu
    Participant

    From what I understand of the AICPAs scoring process (which is increasingly less and less), you will not be penalized for a wrong answer, you will simply not receive the points allowed for the item. They don't take away points. If it was suppose to be zero you would have left points on the table. My new strategy is to just put zeros unless it clearly states not to.

    Almost always from my phone... please excuse my typos!

    All 4 passed - 2016

    CA CPA

    #774001
    Kairos
    Participant

    Oh wow, so technically speaking, if the TBS question gave 4 slots and asked to journalize the following:

    Company ABC purchases $3,000 worth of equipment:

    The correct answer would be:

    dr. equipment 3000
    cr. cash 3000

    but you could still put:

    dr: equipment 3000
    cr. cash 3000

    ( and some extra nonsense that is clearly wrong)

    dr. prepaid ins 100
    cr. cash 100

    and still receive full credit for the problem?

    #774002
    Kairos
    Participant

    Also, would journal entry order count?

    Like if an entry was supposed to be:

    dr. machinery & equipment 220,000
    cr. land 105,000
    cr. gain on disposal of assets 85,000
    cr. cash 30,000

    but you change the order of the credits to:

    dr. machinery & equipment 220,000
    cr. land 105,000
    cr. cash 30,000
    cr. gain on disposal of assets 85,000

    would you be penalized for that as well?

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