Accounting Trivia Question

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By Cambronbill3
C
Cambronbill3
Community Contributor
Quizzes Created: 2461 | Total Attempts: 1,186,903
| Attempts: 167
Quiz Flashcard
SettingsSettings
Please wait...
  • 1/25 Questions

    According to Nellie Mae (2002) the average college graduates carries how much credit card debt?

    • 5000
    • 225
    • 1000
    • 3000
Please wait...
Accounting Quizzes & Trivia
About This Quiz

This quiz is intended to find out how much the students know about accounting from their daily experiences.

Quiz Preview

  • 2. 

    In schools nationwide, what has become the latest and hottest sub-specialty?

    • Estate Planning

    • Forensic Accounting And Fraud Tracking

    • Information Technology

    • Government Regulation

    Correct Answer
    A. Forensic Accounting And Fraud Tracking
  • 3. 

    Who is on the U.S. $1,000 bill?

    • Andrew Johnson

    • Grover Cleveland

    • Calvin Coolidge

    • James Madison

    Correct Answer
    A. Grover Cleveland
  • 4. 

    According to the "Detroit News", during the 2002-2003 academic year what percentage of interns did employers turn into full-time employees?

    • 0.84

    • 0.05

    • 0.14

    • 0.38

    Correct Answer
    A. 0.38
  • 5. 

    The American Institute of Certified Public Accountants (AICPA) is the premier national professional association representing how many CPAs?

    • 340000

    • 100000

    • 2.1 Million

    • 1 Million

    Correct Answer
    A. 340000
  • 6. 

    On average how much does a Chief Financial Officer (CFO) earn in a large company?

    • $85,250-$153,000

    • $168,000-$353,750

    • $56,750-$110,500

    • $96,250-$147,000

    Correct Answer
    A. $168,000-$353,750
  • 7. 

    Who is the President & CEO of the AICPA?

    • Richard Miller

    • Barry C Melancon

    • Dale Atherton

    • Valerie Rainey

    Correct Answer
    A. Barry C Melancon
  • 8. 

    According to the American Institute of Certified Public Accountants survey what is number one technology concern for CPAs?

    • Data Integration

    • Electronic Document Management

    • Information Security

    • Disaster Recovery

    Correct Answer
    A. Information Security
  • 9. 

    Who is on the U.S. $10,000 bill?

    • Grover Cleveland

    • Salmon P. Chase

    • Woodrow Wilson

    • Leon Czolgolz

    Correct Answer
    A. Salmon P. Chase
  • 10. 

    According to an AICPA poll, which region is the top destination for relocating after graduation?

    • East Coast

    • Abroad

    • West Coast

    • Midwest

    Correct Answer
    A. East Coast
  • 11. 

    On what type of questions does the Sarbanes -Oxley Act of 2002 apply to on the computerized CPA Exam?

    • Questions Directed At Sec Reporting Companies

    • Questions On Ira Accounts Only

    • Government Realted Questions

    • Questions Related To Ethics

    Correct Answer
    A. Questions Directed At Sec Reporting Companies
  • 12. 

    How many jurisdictions in the USA administer CPA licensing and exams?

    • 50

    • 54

    • 2

    • 1

    Correct Answer
    A. 54
  • 13. 

    The AICPA in July, 1964 passed this membership milestone?

    • 100,000

    • 300,000

    • 200,000

    • 50,000

    Correct Answer
    A. 50,000
  • 14. 

    Whose picture is on the $5000 U.S. Savings Bond?

    • John F Kennedy

    • Ronald Reagan

    • Paul Revere

    • George Washington

    Correct Answer
    A. Paul Revere
  • 15. 

    According to Forresters, the exportation of American jobs to foreign counties can cut costs for companies up to what percentage?

    • 0.5

    • 0.15

    • 0.22

    • 0.1

    Correct Answer
    A. 0.5
  • 16. 

    What group's mission is to match practicing accountants with nonprofit groups who need financial consultation?

    • Clearinghouse Volunteer Accounting Services

    • Financial Executives International

    • Careerbank.Com

    • American Institute Of Certified Public Accountants

    Correct Answer
    A. Clearinghouse Volunteer Accounting Services
  • 17. 

    From April 2003 to January 2004, New York City earned how much in tax revenues from restaurants?

    • $711 Million

    • $17.4 Million

    • $5.5 Million

    • $252 Million

    Correct Answer
    A. $17.4 Million
  • 18. 

    According to an AICPA poll, 52% responded that this should be the primary focus of corporate executives?

    • Producing The Best Possible Product Or Service

    • Protecting Loyal Company Employees

    • Building Shareholder Value

    • Protecting The Company?S Reputation

    Correct Answer
    A. Producing The Best Possible Product Or Service
  • 19. 

    Who can perform the S.E.C. mandatory audit of a publicly traded U.S. company?

    • Stock Broker

    • Accountant

    • Security Broker

    • Cap

    Correct Answer
    A. Cap
  • 20. 

    According to a "USA Today" article, what percentage of undergraduates at four-year colleges have jobs?

    • 0.12

    • 0.77

    • 0.25

    • 0.33

    Correct Answer
    A. 0.77
  • 21. 

    What year was Clearinghouse Volunteer Accounting Services (CVAS) started?

    • 1925

    • 2003

    • 1919

    • 1983

    Correct Answer
    A. 1983
  • 22. 

    Are exam takers required to take the sections of the computer based Uniform CPA Examination in a specific order?

    • Audit & Attestation Always Last

    • Audit & Attestation Always First

    • Financial Accounting First

    • No Specific Order

    Correct Answer
    A. No Specific Order
  • 23. 

    What is a CITP?

    • Computer Information Technology Professional

    • Certified Information Trade Professional

    • Certified Information Technology Professional

    • Certified Information Technology Programmer

    Correct Answer
    A. Certified Information Technology Professional
  • 24. 

    According to The Consumer Bankers Association in 2003, what is the average car loan term?

    • 48 Months

    • 70 Months

    • 63 Months

    • 36 Months

    Correct Answer
    A. 63 Months
  • 25. 

    New member AICPA enrollment fee is?

    • 145

    • 65

    • 25

    • Free

    Correct Answer
    A. 65

Quiz Review Timeline (Updated): Mar 21, 2022 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2022
    Quiz Edited by
    ProProfs Editorial Team
  • Mar 13, 2015
    Quiz Created by
    Cambronbill3

Recent Quizzes

FINAL EXAM- FUNDAMANTALS OF ACCOUNTING FINAL EXAM- FUNDAMANTALS OF ACCOUNTING
ACCOUNTING 1 MIDTERM PRE-EXAMINATION ACCOUNTING 1 MIDTERM PRE-EXAMINATION
Audit, Tax, or Advisory? Find Your Path! Audit, Tax, or Advisory? Find Your Path!
ACCOUNTING 1 (SUMMER 2018) ACCOUNTING 1 (SUMMER 2018)
Intelligent Accounting Masterclass Quiz 1 Intelligent Accounting Masterclass Quiz 1
Basic Accounts Quiz: Trivia Exam! Basic Accounts Quiz: Trivia Exam!
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.