Overview Research has shown that writing questions is one of the best ways to solidify knowledge. In this course, you will have the opportunity to write your own questions. The questions you submit may be used on actual exams this semester. You are required to write one open answer exam question and the corresponding answer key for several chapters of our textbook. What is an open answer question? An open answer question refers to a question that requires you to come up with the answer yourself. This is in contrast to multiple choice or trueffalse questions which have a set of discrete answer choices. Most of the problems that wou see on the worksheets and MAL homework are open answer. For example, if a question asks you to calculate something and does not give you options to choose, that is considered an open-answer question. Some common examples of prompts for open answer questions in accounting include: - Prepare the journal entries for the following transactions. - Prepare the financial statements based on the following information. - Calculate the debt-to-equity ratio and interpret your results. Note that none of the examples above are framed as questions and that is ok. Since the prompt asks you to complete a task for which there is no provided choices for answers, they are acceptable ways of posing open answer questions. Assignment Requirements You are required to write one open answer exam question and corresponding answer key for several chapters from our textbook. Each assignment allows you to choose topics from two chapters. You can choose whether your question will cover a topic or topics from one or both.of. the assigned chapters. Most often, writing the question itself will be the easy part, and developing the solution will be more difficult. For example, if your question is "Prepare the Income Statement for Company X using the following information," you then have to provide all the necessary information and prepare the income statement. You can use the worksheets and homework questions as examples of acceptable questions. You can choose to use the same question prompts (e.8. "Prepare the journal entries", "Prepare the financial statements", etc.) you see in the worksheets and homework. However, you cannot use the same data (e.g. accounts and amounts). Questions that ask for definitions are not acceptable. Questions should be sufficiently difficult such that at least 20 points would be assigned to them on an actual exam. For example, one journal entry that has one debit and one credit would typically be assigned four points (2 points for the debit and 2 points for the credit). If an additional calculation was needed to get the amount included in a journal entry, it could be Overview Research has shown that writing questions is one of the best ways to solidify knowledge. In this course, you will have the opportunity to write your own questions. The questions you submit may be used on actual exams this semester. You are required to write one open answer exam question and the corresponding answer key for several chapters of our textbook. What is an open answer question? An open answer question refers to a question that requires you to come up with the answer yourself. This is in contrast to multiple choice or trueffalse questions which have a set of discrete answer choices. Most of the problems that wou see on the worksheets and MAL homework are open answer. For example, if a question asks you to calculate something and does not give you options to choose, that is considered an open-answer question. Some common examples of prompts for open answer questions in accounting include: - Prepare the journal entries for the following transactions. - Prepare the financial statements based on the following information. - Calculate the debt-to-equity ratio and interpret your results. Note that none of the examples above are framed as questions and that is ok. Since the prompt asks you to complete a task for which there is no provided choices for answers, they are acceptable ways of posing open answer questions. Assignment Requirements You are required to write one open answer exam question and corresponding answer key for several chapters from our textbook. Each assignment allows you to choose topics from two chapters. You can choose whether your question will cover a topic or topics from one or both.of. the assigned chapters. Most often, writing the question itself will be the easy part, and developing the solution will be more difficult. For example, if your question is "Prepare the Income Statement for Company X using the following information," you then have to provide all the necessary information and prepare the income statement. You can use the worksheets and homework questions as examples of acceptable questions. You can choose to use the same question prompts (e.8. "Prepare the journal entries", "Prepare the financial statements", etc.) you see in the worksheets and homework. However, you cannot use the same data (e.g. accounts and amounts). Questions that ask for definitions are not acceptable. Questions should be sufficiently difficult such that at least 20 points would be assigned to them on an actual exam. For example, one journal entry that has one debit and one credit would typically be assigned four points (2 points for the debit and 2 points for the credit). If an additional calculation was needed to get the amount included in a journal entry, it could be
