Associate Chartered Accountant (ACA) > EXAM > 2024 ACA 122 Final exam Complete Questions & Answers (Solved) 100% Correct (All)

2024 ACA 122 Final exam Complete Questions & Answers (Solved) 100% Correct

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1. What are the expectations of college students and how college is differentfrom high school? Answer: In high school, teachers are mainly in charge ofstudents' learning. They provide regular opportunities for students to check their understanding with graded homework, and chapter tests or quizzes.The teacher regularly remindstheir students about upcoming homework, tests, quizzes, and projects. In college, learning is self-directed. College professors facilitate fewer in-class opportunities for students to check their understanding. College students do take less tests, but individual test grades count more. 2. what information should be included on a college syllabus? Answer: Instructor'scontact information, important class policies, and an outline of instructions 3. What is the importance of attendance in college? Answer: Instructors could startteaching on the first day, you can get vital information about how the class is organized, and what expectations your teacher has for you 4. how do you calculate your GPA? Answer: First, you must know the # of credit hoursassigned to each class you take, and you must convert the letter grade you earninto quality points. Then multiply the credit hours by the quality points to find thetotal grade points 5. What is plagiarism and what are the consequences? Answer: The presentation of someone else's words and/or ideas as your own. Consequences are getting kickedfrom your school for a certain amount of time, or getting permanently banned, andyour work is destroyed too 6. What isfinancial literacy? Answer: knowing how to create and meet your financial goals 7. What is a credit score and why is it important? Answer: A number that banks and lenders use to determine how much risk they're taking in lending your money. Good credit scores can help qualify for larger loans and lower interests rates, whichis important when looking for a car, home or a small business loan. Bad credit scores cannot affect both financial and professional goals.It can also show up on abackground check, limiting employment offers or professional licensure eligibility 8. What financial aid options are available to students? Answer: Grants, scholarships,work study, family federal loans, and the North Carolina Community College grantand loan program

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