After students take their first exam in an accounting course, tax accounting and intermediate accounting in this case, their reactions to their test scores may be varied. This is their first major assessment of how they have performed in the class. The students in the class near the high end of the grading scale are going to be satisfied with their score. Yet the overwhelming majority of students should be thinking about how they can do better on the next exam or an "Exam 2 strategy". This paper describes a process which allows students to develop a strategy or "action plan" for their next exam. This process provides students a way to earn bonus points while developing their communication skills and showcasing their writing skills in a convenient electronic forum. Thus students develop their own strategy and benefit by considering the collective wisdom of the top ten strategies posted on the course web site. Detailed instructions are provided below to implement an "Exam 2 strategy" assignment which provides students an action plan to better their next exam scores.