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Recent Quizzes

FINAL EXAM- FUNDAMANTALS OF ACCOUNTING

This final exam tests fundamental accounting principles, covering balance sheets, economic events, asset categorization, and cost-related terms.

Questions: 74 | Attempts: 239 | Last updated: Mar 21, 2023

Sample Question
is prepared at the end of the accounting period to show the financial position of business

Profit & low account

Balance sheet

Trail balance

ACCOUNTING 1 MIDTERM PRE-EXAMINATION

This pre-examination for ACCOUNTING 1 MIDTERM assesses knowledge on inventory systems, cost of goods sold, and financial statements accuracy. It evaluates understanding of key...

Questions: 80 | Attempts: 619 | Last updated: Mar 22, 2023

Sample Question
When using the perpetual inventory system, freight charges on goods purchased are debited to inventory.

True

False

ACCOUNTING 1 (SUMMER 2018)

Hello Class! Congrats for making it to this point. Please give this your best shot! Good Bless!

Questions: 30 | Attempts: 283 | Last updated: Apr 10, 2024

Sample Question
Accounting is a service activity whose function is to provide financial information about the economic condition and operations of the business entity to be used in making economic decisions. The Basic Elements of Accounting are as follows: (Please match the definition with the element)

Economic resources owned by the business

Assets

Legal obligations that a business owes to others

Liabilities

Owner's claim to the assets of the business

Owner's Equity

Increase in assets resulting from sale of goods/services

Revenues/Income

Decrease in assets resulting from cash spent or liability incurred

Expenses

Intelligent Accounting Masterclass Quiz 1

This quiz covers key accounting concepts, including software, historical figures, bookkeeping drawbacks, and specifics of Intelio implementation.

Questions: 8 | Attempts: 97 | Last updated: Apr 10, 2023

Sample Question
Which one of the below is an accounting software?

Tally

Troyee

Xero

All of the above

Basic Accounts Quiz: Trivia Exam!

Accounting is all about the proper reporting of business transactions in the correct books of accounts. This is done to correctly show how the company finances stand at a given...

Questions: 20 | Attempts: 181 | Last updated: Mar 19, 2023

Sample Question
The goal of managerial accounting is to provide the information that managers need for all of the following EXCEPT:

Planning

Control

Decision Making

Review

Test Your Knowledge On Accounting

Explore your understanding of Accounting with this engaging quiz. It covers key concepts like income statements, accrual accounting, inventory systems, and liabilities. Perfect...

Questions: 23 | Attempts: 294 | Last updated: Mar 20, 2023

Sample Question
The most useful financial statement for analyzing a company’s profitability is the:

Balance Sheet

Statement of Retained Earnings

Statement of Cash Flows

Income Statement

Audit, Tax, Or Advisory? Find Your Path!

Which of the following statements speak your mind?

Quiz Preview

Which of the following best described your "strong point"?

Which of the following classes is the most appealing for you?

How do you feel about "Routine Job"?

From these choices, what will be the game you'd choose to play in your free time?

When you're out on a trip with your friends, you're the one person in charge of...

If you were a Superhero, you would be...