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    Information About the Final Exam

    The final exam will be administered according to the standardized University final exam schedule.  The final exam for the 2:30 MWF time block is as follows:
     

    Day and Date:
    		 Tuesday, December 8
    Time:
    		 12:00 p.m - 2:00 p.m.
    Location:
    		 GC 5A31

    The exam will be all "open book."  Students are encouraged to have calculators, pencils, and resource materials with them.  Scantron answer sheets will be provided.

    The final exam has not been edited for this semester.  The information below is from a previous semester and should provide students with an idea of the composition of the final exam for this semester.
     

    Chapter
    Topic
    Approx. No.
    of Questions
      Covered on Previous Exams:  
    1
    		 Introduction, History
    Sources of Tax Law
     2
    2
    		 Calculation of Tax for Individuals
    (Formula, filing status, exemptions, etc.)
     6
    3 - 4
    		 Gross Income and Exclusions
    7
      Sub-Total (30%)
    15
      Covered SINCE Last Exam:  
    6,9
    		 Employee Related Deductions
    10
    7,8
    		 Personal Deductions (itemized)
    11
    14
    		 Personal Tax Credits (child care, etc)
     0
    10
    		 Business Deductions (Depreciation)
     0
    5
    		 Capital Gains and Losses
    11
    13
    		 Sale of Business Properties (1231, 1245,1250)
      0
    12
    		 Non-Taxable Exchanges (3 types)
      0
      Sub-Total (70%)
     32
      Total Questions
     47

    As always, your comments are welcomed.

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