Welcome to the Accounting Concepts Knowledge Quiz. There are different guidelines to follow when it comes to bookkeeping, and they include accounting concepts, principles, and laws. Revenue is only recognized when there is a...
Questions: 10 | Attempts: 220 | Last updated: Mar 21, 2022
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Sample Question
Accrual concept is based on
Financial Accounting means to analyze, summarize, and record financial transactions and show an accurate picture of the company's financial affairs. This quiz will test your knowledge about Financial Principles and Accounting...
Questions: 10 | Attempts: 385 | Last updated: Mar 21, 2022
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Sample Question
All of the information ( name, age, major, etc.) about a particular student is stored in which of the following?
Do you have any experience with bookkeeping and accounting? Bookkeeping is the recording of financial transactions and is part of accounting in business and other organizations. Accounting is the calculation, processing, and...
Questions: 10 | Attempts: 212 | Last updated: Mar 21, 2022
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Sample Question
Ledger is a principal book of accounts.