ACC436 Fall AB 2020
Study Guide for Exam 4

Exam 4 will consist of 25 multiple choice questions worth 4 points each for a total of 100 points. The exam
will be on Fischer Chapters 15, 16, 18 and 19. The exam is open book, open notes and open internet. In
preparation for your exam, I would suggest reviewing the optional homework assignments and solutions, your
text and notes and be familiar with the following subjects:

• Economics Resource Measurement Focus vs. Financial Resources Measurement Focus and where each
is used.
• Exchange vs. non-exchange transactions.
• General Fund accounting entries
• Entries in the general long-term accounting group
• Budgetary entries
• Capital project fund entries
• Accounting for Encumbrances
• Enterprise fund accounting
• Accounting for landfill costs
• Accounting for property tax revenues
• Internal service funds
• Accounting for component units within governments
• Accounting for donated assets and services
• GASB Government Accounting Research System Online
• Accounting Changes made in ASU 2016-14
• Reclassifications of net assets
• Accounting for colleges and universities
• Accounting authorities for governments and non-for-profit entities
• Types of healthcare entities
• Hospital contractual adjustments