Self-Paced
Accounting 11 Course Outline
**Please ask a teacher for your self-paced
card**
Welcome to Accounting 11!
This is the self-paced version of
Accounting 11 (There is a class available from September-January)
Accounting 11 teaches accounting theory
from the basics. You do not need to know anything about accounting when you
start. Accounting 12 then introduces computerized accounting methods.
Prerequisites: Foundations 6 (Math 9) or equivalent; English Foundations 7
(English 10)
1. Materials:
The following book is rented:
·
Accounting 1, 7th edition by Syme and Ireland
The following workbook is purchased:
·
Accounting 1, Student Workbook
2. Self-paced students get their assignments from the PALC website (www.palc.net). Choose “Courses”
“Electives,” “Self-Paced Accounting 11”
3. You can check your answers with the Teacher’s Key in the lab or
ask for the PDF answer key from a teacher. You will need to bring a flash
drive/memory stick.
4. Keep a record of your marks on your Students Mark Record. (attached)
Step 1: Math Test
The Math Practice Test is
attached to this document.
This is a math readiness test to see if you are ready for the
course. This test examines your basic
skills.
You must get a minimum of 75% to begin Accounting 11.
If you get less than 75%, you will be given some skill review work.
When the review is completed, you may write a different version of the test.
After you pass the Math Test, ask your teacher for the Chapters 1
and 2 assignment.
After that, you may print out your assignments from our
website (www.palc.net).
Click on “Courses,” “Electives” and then “Self-Paced Accounting 11.”
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Self-Paced Accounting 11
Marks Record
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Mark
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Value
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Math Test
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/5%
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Chapter 1/2
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/5%
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Chapter 3
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/5%
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Chapter 4
|
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/10%
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Chapter 5
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/10%
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Chapter 6
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/15%
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Chapter 7
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/15%
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Chapter 8
|
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/15%
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Chapter 9 and 11
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/10%
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Career Report
|
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/10%
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Total
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/100%
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|
|
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Accounting
11 Math Test Study Guide
There are certain mathematical skills you
will need to succeed in Accounting 11. The course is not designed to teach
these basic math skills, so you must have them before you start.
You must get 75% or more on the Accounting
11 Math Test before you start the course. Attached is a practice test to see if
you have the skills you need. You may
check the answers at the end of the test.
If you get any wrong, ask a teacher for
some review work.
Please do not use a calculator for the practice test. You are not allowed to use a calculator for the
real test.
Accounting 11 Practice Math Test
·
Please
show your work
·
Put
your answer in the blank provided
·
Put
your answers in the correct format (dollars or decimals or fractions)
1) Calculate
$4 451 divided by 24
2) Add $221.24
$39.00 $99 $0.89 $0.08
3) Multiply $649 times 52
4) Multiply $782.99 times $0.33
5) Find the difference between $6 538.99 and $ 33 421.10
6) Calculate the annual cost of a prepaid
insurance policy if it has monthly premiums of $224.75.
7) Subtract $99.89
from $311.13
8) Calculate the
total cost of a computer which was advertised at $2099 minus a 5% discount. Include the 7%
provincial sales tax and 7% goods and services tax in the total cost
(calculated after discount).
9) Express 0.025
as a percent
10) Express 72% as
a fraction in lowest terms (simplest form)
11) What is 24% of
$689?
12) $305.25 is what percent of $555?
13) If you have
$12 000, invested at 9% simple interest, how much money will you have after 5 years?
14) Depreciation
is the rate at which an item loses value.
If a $29 000 truck depreciates at a rate of 20% per year, how much will
it be worth at the end of the first year?
Answers: If you do not have the right
format, mark your answer wrong.
1.
$185.46
2.
$360.21
3.
$33
748.00
4.
$258.39
5.
$26
882.11
6.
$2
697.00
7.
$211.24
8.
$2
273.22
9.
2.5%
10. 18/25
11. $165.36
12. 55%
13. $17 400.00
14. $23 200.00
If you scored less
than 75%, you need to review before you write the Math Test.
If you scored 75%
or more on this practice, you are ready.
Ask a teacher in
the computer lab for the test. Remember-no calculators!
Good Luck!
