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Course Outcomes
Course Materials
Speedback Quizzes
Frequently Asked Questions

Course Outcomes

  1. Construct and interpret a statement of cash flows, including operating cash flows, investing cash flows, and financing cash flows.
  2. Construct and use internal accounting tools such as budgets, product cost reports, breakeven analyses, and nonroutine decision analyses.
  3. Analyze transactions, record those transactions, and then use the accounting cycle to generate accounting reports.
  4. Apply the financial accounting rules that exist in the area of inventory for a manufacturing company.
  5. Intelligently discuss the ethical dimensions of a variety of accounting-related business problems.
  6. Use computer-aided learning tools and online learning resources.
  7. Manage a workload in a self-paced learning environment.

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Course Materials

“Introduction to Accounting: The Language of Business” which is published by Business Learning Software and Introduction to Accounting ebook published by MyEducator.com

All of the material that you will be held accountable for on quizzes and exams for this course is contained in the software Introduction to Accounting: The Language of Business, which is published by Business Learning Software. The software contains many lesson presentations which contain a comprehensive audio/video lecture with synchronized graphic displays, sample problems, homework problems and solution explanations. The homework problems included in the lessons are not turned in or graded in this course. They are provided solely for the purpose of assisting in the learning process. For information on purchasing the software, please see the "Welcome to the Course" section of this course.

The software lessons are designed to teach you the fundamental concepts of accounting. In addition to the lessons, you will be required to view some supplemental lectures which are also contained in the software. These supplemental lectures feature several guest lecturers who speak on topics that are designed to enhance student appreciation of the relevance of accounting in today’s dynamic business world (see course lessons). Before viewing these lectures, students will read a number of current event articles provided in the course lessons. Each article can be accessed through the library services portal for ACC 300.

The assigned material in the Introduction to Accounting Ebook covers assigned topics much like a traditional text book. However, the e-book also has short video discussions embedded in the content that will help explain key concepts. In addition to this material, the e-book also has practice problems at the end of key discussion topics. Each of these practice problems are clearly labeled in the e-book as “BYU Independent Study Practice Problem.” You will be able to click on the link, and after you have attempted the problem, you can then click on the solution to check your work. These practice problems are provided solely for the purpose of assisting in the learning process; they will not be submitted.

For information on purchasing the software, please see the "Welcome to the Course" section of this course.

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Speedback Quizzes

Each quiz will have 5 multiple‐choice problems worth 2 points each for a total of 10 points on each quiz. There are many ways to cheat when taking an online quiz. For example, you can use your book or notes, you can have someone else help you, you can try to get copies of old quizzes, and so forth. Please remember that BYU students are expected to maintain personal integrity when taking the quizzes. You should take the online quizzes without any aid from anyone or anything other than a pencil, a blank sheet of scratch paper, and a calculator. The quizzes are to be closed note and closed book. Taking a quiz in any other context than that described above is considered cheating and is a serious compromise of your integrity. Always remember, every time you take an online quiz, there is another larger test taking place at the same time. If you have to fail something, fail the Accounting 300 quiz, but be sure to pass the larger test of your integrity. It is important to note that the difficulty level of exams will be significantly higher than the difficulty level of quizzes. Quizzes will provide feedback on how well you’re progressing in the concepts in the lesson; however, to perform well on the exam, a deeper understanding of all lessons will be required.

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There are 3 midcourse exams and a comprehensive final exam. All exam questions will be multiple choice. Each midcourse exam should take, on average, 2.5 hours to complete (with a time limit of 4 hours). The final exam should take, on average, 3 hours to complete (with a time limit of 5 hours). The exams are relatively difficult. Do not expect the exam problems to be copies of the homework problems with the numbers changed. Whereas homework problems typically cover one concept or calculation apiece, the exam problems frequently require you to combine two or more concepts or calculations.

What Can Be Used on Quizzes and Exams?

Students must have a calculator capable of performing basic financial calculations, especially time value of money calculations. The Hewlett Packard (HP) 10BII financial calculators are recommended; however, other calculators that allow you to perform these functions are acceptable. You will be allowed to use your calculator for the quizzes and exams. No laptops or other electronic devices that allow you to inappropriately retrieve data/text will be allowed. The lessons will specifically reference HP calculator use. If you have another type of calculator that you will be using, you must learn how to use it on your own. A brief troubleshooting tutorial on time value of money calculations for HP calculators is provided in lesson 9. The time value of money tables provided in the text will not be available for use on quizzes or exams.

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Assignment/Exam Percent of Total Grade
Speedback Quizzes (21 total, 1% each) 21%
Exam 1 13%
Exam 2 22%
Exam 3 19%
Final Exam 25%
Total 100%
Grading Scale
A 100-92
A− 91-87
B+ 86-84
B 83-80
B− 79-75
C+ 74–72
C 71–67
C− 66–63
D+ 62–59
D 58–54
D− 53–50
E (fail) 0–49

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Frequently Asked Questions

What are the best ways to prepare to Speedback Quizzes and Exams?

Please note that these quizzes cover all of the course unit assignments, including supplemental lectures, other reading assignments, and assigned eBook material.
When studying and preparing for exams, preferable studying techniques would include the following:
  1. Focus on the accounting software lesson material. Through the “Resources” tab of the Accounting Software, you can print off the lesson slides, and use them to take notes and highlight key concepts from the lesson materials. The slides are the best study materials as far as preparing for the exams.
  2. Be able to solve all of the workout problems from the accounting software lessons on your own. The workout problems on the exams are closely related to the work out problems given in the accounting software material (and given in the slides.)
  3. For additional practice on key concepts and workout problems from the lessons, you can access the “Practice Quiz” tab at the top of the home page. This tab provides a number of questions related to each online lesson. These should help to solidify the concepts even further if you still feel that you need additional practice after going over the online slides and practice problems.
  4. The e-textbook also contains practice problems that were assigned for some course units. Wherever the assigned e-book materials contain practice problems, each problem will first appear without the solution. You should test yourself to see if you can complete the problem without accessing the solution, then click on the “Solution” link to check your answer.
Those four things (in-depth review of the lesson slides, the comprehension of how to do all of the workout problems given in the lesson materials, reviewing the practice quiz questions, and the e-book practice problems) are by far the most preferable ways to prepare for the exams.

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Copyright Notice

The materials used in connection with this online course are only for the use of students enrolled in this course for purposes associated with this course and may not be retained or further disseminated. Any copying or further dissemination of these materials may be subject to applicable U.S. Copyright Laws. For questions or more information, please visit the BYU Copyright Licensing Office website.

“Members of the BYU community who willfully disregard this Copyright Policy or the BYU Copyright Guidelines place themselves individually at risk of legal action and may incur personal liability for their conduct. The unauthorized use or distribution of copyrighted material, including unauthorized peer-to-peer file sharing, may subject individuals to civil and criminal liabilities, including actual and statutory damages, costs and fees of litigation, fines, and imprisonment

Violations of the Copyright Policy may result in university disciplinary action including termination of university enrollment or employment.” (Emphasis added. Excerpt taken from the BYU Copyright Policy)

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University Policy - Title IX Statement

Preventing & Responding to Sexual Misconduct

In accordance with Title IX of the Education Amendments of 1972, Brigham Young University prohibits unlawful sex discrimination against any participant in its education programs or activities. The university also prohibits sexual harassment—including sexual violence—committed by or against students, university employees, and visitors to campus. As outlined in university policy, sexual harassment, dating violence, domestic violence, sexual assault, and stalking are considered forms of "Sexual Misconduct" prohibited by the university.

University policy requires all university employees in a teaching, managerial, or supervisory role to report all incidents of Sexual Misconduct that come to their attention in any way, including but not limited to face-to-face conversations, a written class assignment or paper, class discussion, email, text, or social media post. Incidents of Sexual Misconduct should be reported to the Title IX Coordinator at t9coordinator@byu.edu or (801) 422-8692. Reports may also be submitted through EthicsPoint at https://titleix.byu.edu/report or 1-888-238-1062 (24-hours a day).

BYU offers confidential resources for those affected by Sexual Misconduct, including the university’s Victim Advocate, as well as a number of non-confidential resources and services that may be helpful. Additional information about Title IX, the university’s Sexual Misconduct Policy, reporting requirements, and resources can be found at http://titleix.byu.edu or by contacting the university’s Title IX Coordinator.

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Accessibility Notice

BYU is committed to providing a working and learning atmosphere which reasonably accommodates persons with disabilities who are otherwise qualified to participate in BYU's programs and activities. In this spirit, BYU Independent Study aspires to improve web accessibility for users. While not required by law, the Web Content Accessibility Guidelines (WCAG) 2.0 Levels A and AA provide a wide range of helpful recommendations to make Web content more accessible. BYU Independent Study strives to apply WCAG 2.0 recommendations where feasible, but may deviate from any recommendations that would result in an undue hardship to BYU Independent Study or alterations to program and course content and objectives. If you have questions about accessibility, or if you need to report problems with any accessibility features please see our Accessibilities and Accommodations Web Page.

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Course Policies

These policies are specific to this course. For additional information about general policies, please refer to Independent Study Course Policies page.


21 computer-graded assignments, may be resubmitted once for a fee.

Resubmit an assignment for a fee.


4 proctored computer-graded exams, may retake each once for a fee, You must pass the final exam with at least a 50% to earn credit for the course.

Retake an exam for a fee.

Getting Help

Please use the help menu in this course to contact Independent Study or your instructor. You can find a list of free tutors available to BYU Independent Study students on the Free Tutoring Services website.

Note: The Harold B. Lee Library website provides a number of online resources and librarians are available via phone, chat, and email to answer questions about library-related issues.

Inappropriate Use of Course Content

All course materials (e.g., outlines, handouts, syllabi, exams, quizzes, media, lecture content, audio and video recordings, etc.) are proprietary. Students are prohibited from posting or selling any such course materials without the express written permission of BYU Independent Study. To do so is a violation of the Brigham Young University Honor Code.

Copyright © 2016 Brigham Young University. All rights reserved.

Published by the
Department of Independent Study
Division of Continuing Education
Brigham Young University
120 MORC
Provo, Utah 84602-1514