Accounting (UIL)

Accounting (UIL)

Accounting is one of several academic events sanctioned by the University Interscholastic League. The contest began in the 1986-87 scholastic year.

Accounting is designed to test students' understanding of general accounting principles and practices used in the business environment.

Eligibility

Students in Grade 9 through Grade 12 are eligible to enter this event. All grades compete in one division.

The test covers elementary principles and practices of accounting for sole proprietorships, partnerships, and corporations, and may include bookkeeping terminology, the worksheet with adjustments, income statement, balance sheet, trial balance, account classification, journalizing, posting, bank reconciliation, payroll, and other items related to the basic accounting cycle.

Each school may send up to four students; however, in districts with more than eight schools the district executive committee can limit participation to three students per school. In order for a school to participate in team competition, the school must send at least three students.

Rules and Scoring

The test consists of 80-100 questions, which must be completed in one hour. A time signal is given at 55 minutes warning students that only five minutes remain; at the end of the hour the students must immediately stop writing.

The questions may be answered in any order; there is no penalty for skipping questions.

Students are allowed to use scratch paper and highlighter pens during the contest. Calculators are also allowed during the contest, provided the following criteria are met:
*The calculators must be basic "four-function" models, though simple functions such as percent, square root, and simple memory are allowed. Higher-level business, financial, statistical, graphing, and scientific calculators are not permitted.
*The calculators must be hand-held, operate silently, not be equipped with a tape output, and be able to operate without requiring external power (rechargeable batteries are permitted but they must be charged prior to competition).
*All memory must be cleared prior to the contest.

Exact answers are required on all questions.

Five points are awarded for each correct answer, no points are deducted for wrong or unanswered problems. In addition, starred questions answered correctly receive one bonus point for each star (e.g., a two-star question answered correctly is worth 7 points, 5 base points for the correct answer plus one point for each star).

Determining the Winner

The top three individuals and the top team (determined based on the scores of the top three individuals) will advance to the next round. In addition, within each region, the highest-scoring second place team from all district competitions advances as the "wild card" to regional competition (provided the team has four members), and within the state, the highest-scoring second place team from all regional competitions advances as the wild card to the state competition. Members of advancing teams who did not place individually remain eligible to compete for individual awards at higher levels.

There is no tiebreaker in individual competition; all tied individuals will advance.

For team competition, the score of the fourth-place individual is used as the tiebreaker. If a team has only three members it is not eligible to participate in the tiebreaker. If the fourth-place score still results in a tie, the individual tiebreaker rules will not apply, and all remaining tied teams will advance. At the state level ties for first place are not broken.

For district meet academic championship and district meet sweepstakes awards, points are awarded to the school as follows:
*Individual places: 1st--15, 2nd--12, 3rd--10, 4th--8, 5th--6, and 6th--4.
*Team places: 1st--10 and 2nd--5.
*The maximum number of points a school can earn in Accounting is 37.

List of prior winners

Individual

NOTE: For privacy reasons, only the winning school is shown. [ [http://www.uil.utexas.edu/academics/archives/ UIL: Academics - Archives ] ]

Team

NOTE: UIL did not recognize a team championship in this event until the 1992-93 scholastic year. [ [http://www.uil.utexas.edu/academics/archives/ UIL: Academics - Archives ] ]

References

External links

[http://www.uil.utexas.edu/policy/constitution/academics/07_08sec920.pdf Official UIL Rules for Accounting]


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Dulles High School (Sugar Land, Texas) — John Foster Dulles High School Location Sugar Land, Texas,  United States …   Wikipedia

  • Italy — /it l ee/, n. a republic in S Europe, comprising a peninsula S of the Alps, and Sicily, Sardinia, Elba, and other smaller islands: a kingdom 1870 1946. 57,534,088; 116,294 sq. mi. (301,200 sq. km). Cap.: Rome. Italian, Italia. * * * Italy… …   Universalium

  • List of University Interscholastic League events — The University Interscholastic League, the main governing body for academic, athletic, and music competition among Texas public schools, sanctions many events for students in grades 2 12.In addition to individual and team awards in the separate… …   Wikipedia

  • Sharyland High School — Infobox School | name = Sharyland High School motto = “Commitment, Cooperation and Communication” established = 1921 type = Public principal = Diamantina Chapa faculty = enrollment = free label = Colors Mascot free text = Red and White Rattler… …   Wikipedia

  • Cypress Creek High School (Harris County, Texas) — Cypress Creek High School Location 9815 Grant Road Houston, TX 77070 United States Information Type Public high school Motto You Just Can t Hide That Cougar Pride …   Wikipedia

  • School for the Talented & Gifted — Infobox School name = School for the Talented Gifted type = Public, Secondary location = 1201 E. Eighth St. Dallas, TX 75203 imagesize = 100px district = Dallas Independent School District grades = 9 12 principal = F. Michael Satarino [http://www …   Wikipedia

  • Belton High School (Belton, Texas) — Belton High School (BHS) is a high school that serves the city of Belton, Texas, parts of Temple and Morgan s Point Resort, and the Belton Independent School District (BISD). The High school s motto is Every Kid a Winner! . BHS is fully… …   Wikipedia

  • Jim Ned High School — is a secondary school part of the the Jim Ned Consolidated Independent School District. Located in Tuscola, Texas, USA, the high school serves approximately 330 students from approximately 380 square milescite news|url=http://www.mackbrown… …   Wikipedia

  • Business Careers High School — Infobox School name = Business Careers High School imagesize = 276px streetaddress = 6500 Ingram Rd. city = San Antonio state = Texas district = Northside Independent School District county = Bexar County zipcode = 78238 superintendent = Dr. John …   Wikipedia

  • literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”