ACC 250 · Exam 1 — How the Class Did

ACC 250 · Introduction to Financial Accounting

Exam 1 — How the Class Did

94 students. The score distribution, how each part and chapter went,
every question’s % correct, and how many questions you had seen before.

Fall 2026

The whole class

Score distribution  ·  N = 94

A dot = a student

<24<40%3050%3660%4270%4880%5490%60100%pointspercentmean 42.3 (out of 60) = 70.6%median 42.5 (out of 60) = 70.8%

Where the points went

By part and by chapter

By part (% correct)

Multiple choice
76%
Journal entries
65%
Numeric
64%

By chapter (% correct)

Ch1
72%
Ch2
85%
Ch3
64%

Item analysis

% of the class correct on every question

Multiple choiceJournal entriesNumeric  Rows below the bars: where each question came from.
0%50%100%M1M5M10M15M20M25J1J5J10J15N1N5N10Example examReview packetHomework

Does the review pay off?

Questions you had seen before

42%25 questions
46%28 questions
12%7 questions
Almost the same
Very similar
(e.g. different numbers)
Based on the sources
and lecture notes

The three main sources

  1. The Example exam
  2. The review questions
  3. The homework

Item analysis

By type of question (% correct)

The concept questions (M1-M20)
72%
Classifying business activities (M21-M25)
80%
Classifying accounts (M26-M30)
92%
The OTT journal entries (J1-J10)
58%
The Bill's journal entries (J11-J20)
71%
The two ratios (N1-N2)
70%
Retained earnings (N3-N4)
78%
The cost principle (N5)
64%
The linked financial statements (N6-N10)
57%
Hardest types: the linked financial statements and the OTT journal entries.

Before the next exam

What to do now

  1. Read your feedback sheet (in your e-mail). Page 2 shows every question you missed and your results by type.
  2. Redo the Example exam and the review packets. Questions you had seen before were the best-answered on this exam, and the next one draws on them the same way.
  3. Master Exam 1. It will help you a lot on Exam 2, which covers Chapter 3 again.