The exam covers financial aspects of the organization, business strategy, the management of money, and decision-making processes for decision-making. In order to pass, students must have a solid knowledge of the course curriculum. This knowledge must be combined with personal study skills and problem-solving abilities to pass the exam.
The exam does not require specific college courses to pass. Students should consult a college adviser before taking the test. Most college advisers have a list of college courses that can be substituted for the exam.
The college requires the student to complete an online test that can be taken through the college’s website. The test may be taken anywhere that offers a computer and an internet connection. In order to qualify, a person must meet the eligibility requirements. Those eligible include full-time degree students who are enrolled at a four-year college and working full-time in a job.
The exam is designed to assess the ability to apply academic theory, study methods and develop a comprehensive and well-organized understanding of the principles of management. Students must be able to answer the question “What is the function of each department?” and “In what direction will this department proceed?” using a systematic method.
The job of the student in the exam is to choose between two alternatives to a problem-solving process by evaluating the consequences of actions taken. If a student can demonstrate the appropriate action or the wrong action will lead to a situation where an unacceptable result occurs, then he or she is considered to have made an appropriate decision. If a student chooses the incorrect option, then he or she is considered to have made an inappropriate decision.
The test involves multiple choice questions requiring analysis and evaluation. There are usually five to ten questions and one to two essay questions in every section of the examination. The exam can be retaken for credit up to twelve months.
To pass the test, a student needs to pass all five sections within the allotted time period for the course. The grade required to pass is determined by the student’s performance on each section. The student has three attempts to pass the test. The test is administered once every two years.
Pass rate is based on a mathematical formula based on the number of questions taken, the length of the essay to be answered, the grade earned in each section and the student’s test scores. Most college classes require passing the test to enroll in the class. An advanced level class requires passing it to enroll in the advanced level class.
Students who have not passed the exam at least one year before taking the exam again to renew their enrollment. If they cannot pass the test on their first try, they may repeat the test in the spring with different questions to see how they perform.
The exam is offered through an online program or a study guide. The booklets that accompany the books contain sample questions and instructions for answering them. They are designed to help students identify the appropriate response format to use when answering the questions on the test. Students who want to take the exam in a book but cannot find the book are able to download study guides from the site.
The materials used to create the practice tests and answer questions on the tests are created by the publisher and used for a purpose other than teaching the test. Students can use the material in these books to review and practice their answers. They can use them to work through the questions that they have failed or to refresh their memory to recall the correct answer when faced with similar situations.
Once a student has completed the exam, he or she must submit a report describing his or her findings and any recommendations about how to improve the organization of his or her company. The report is reviewed by his or her advisor. It should include a description of how he or she has used the information learned in the exam to identify areas of improvement.