The Excelsior College Examination in Financial Accounting measures knowledge and understanding of material typically taught in a lower-level undergraduate course in financial accounting. This examination tests for comprehension of basic financial accounting in pursuit of organizational goals and strategies. The exam tests for the familiarity with the technical skills of working with financial statements, accounting information systems, operating decisions, and financing decisions. Thinking as a manager/accountant, the test taker should be able to identify relevant information and the appropriate methods for analyzing information while working in a financial, global, and ethical environment.