The Accounting Principles Exam is used to test the candidate's accounting principles (GAAP) competency. The Exam consists of 50 multiple choice questions and simulations. To pass the Exam, you must receive a minimum of 75% (37 out of 50 questions).
The Exam tests the following:
You have one year from the date of purchase to take and pass the Exam. If you don't pass the Exam, you can re-take the Exam by purchasing a re-take Exam.
The Exam is taken in ATU's Online Testing Center. You can take the Exam at anytime and from anywhere with an Internet connected computer.
When you're ready to take the Exam, go to ATU's Schedule an Exam webpage and schedule the date and time you want to take the Exam. Access to the Exam will be emailed to you the business day proceeding your scheduled date and time.
The Exam is open-book and you have two hours to complete the exam.
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