BASIC PRINCIPLES OF TEST PREP. KEEP UP KEEP UP KEEP UP. Manage your ... with test dates in as far ahead as possible. A week ahead, make a test prep time schedule ...
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B100: Strategies for SuccessTest Preparation
Ryerson School of Business
Time of learning
YOU ARE MORE LIKELY TO GET HIGH GRADES ON TESTS AND EXAMS IF YOU MAKE YOUR OWN TESTS AND EXAMS EITHER AS YOU DO YOUR KEEP UP OR AT TEST/EXAM TIMESO MAKE YOUR OWN TEST/EXAM QUESTIONS AND ANSWER THEM!
Before the prof gets to you
Your own Test Exam Questions
The profs Test/Exam questions
How much work you do at test/exam timedepends on how much you do during the semester!Therefore, when you do your keep-up homework, make questions and answersdo the exercises, problemsmake notesmake information “maps”
At test/exam time, in high priority courses, the worst thing is to face chapters that have not been annotated, without questions-answers, without summary notes, without clearly written and annotated solutions to problems
HOW TO CRAM GOOD
1. Q & A notes
2. Flash cards:
HIDE THIS SIDE
CAN YOU ANSWER THE QUESTIONS?
WHAT IF YOU CAN’T?
Diagram or process
Formulae & solution
Measuring the depreciable
Basis of an asset?
Estimating useful service
life of an asset?
Deciding pattern of expiration or asses cost over useful service life?
The answer to the question (page ref.)
The process or example of these
Explanation or steps
Straight line method
Formula in words
Close the entries
& analyze them
Prepare a statement
Enter these transactions into journal
Adjust the trial balance and entries
State your trial balance
Law of Demand:
Law of Supply:
Diminishing marginal return:
The more you get, the less you are satisfied or the more you want!
You pay less
You buy more
Memory Code: GREED! Or The more there is to buy, the more you want and if price is low, the more you buy!
Debits and Credits and T-Accounts
AE – LOR Debit …………………… Credit
Debit ………………… Credit
+ Asset Liability +
+ ExpenseOwner’s Equity +
(+ = increase account; = decrease)
Exampleof a grid type info map:
Is there a correl. Between these data?
Is it continuous?
Do a Pearsons r
Do you know the population parameter?
Do a one sample t test
Is there one sample mean?
Do an independent sample t test
Are they independent?
Are there two sample means?
Do a dependent samples t test
Economics: (ch. 4) Demand, Supply and Equilibrium