[Editor's Note: this article is in reference to the old paper-based exam, not the computer-based exam that is now in use.]

Be specific.
When answering essay questions, be specific in addressing key concepts and assure you're only addressing the requirements of each question. Aim for conciseness in your writing, conveying important concepts in as few words as possible. This will avoid ambiguity and save you time in the long run.

Answer the multiple-choice questions first.
Begin the Exam by answering the multiple-choice questions first. This allows you to better gauge your time when it comes to the essay portions of the Exam. In addition, terminology and keywords will be easier to come by, as you will have come across many in answering the multiple-choice questions.

Don't fret if you don't finish.
Completing an essay is not as important as it is to include keywords, use the proper accounting terminology and write well. Graders are looking for two main items: keywords and terms. These show that you have an understanding of the concepts and how to apply them. Writing well-organized answers and using proper grammar will enhance the graders' impressions of your command of the material.

Prepare a list of keywords.
After thoroughly reading the essay question, develop a list of keywords that will be important to note within your answer. If the exact terminology escapes your mind, at least write down the concept. When you address the concept later in your answer, you may have remembered the terminology or at least a better description and application of the concept.