Accounting Quizzes, Questions & Answers
Top Trending Quizzes
Here's an awesome 'Basic Accounting Quiz' for all the students studying accounts! Accounting is something that is existent in different companies and is essential to ensure that a business keeps on growing. The...
Questions: 10 | Attempts: 51145 | Last updated: Mar 24, 2022
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Sample QuestionProfit is equal to:
Accounting is a tool to record and analyze the financial condition and performance of the business. Some people simply can’t understand the stats and figures. But some possess deep knowledge and concepts about...
Questions: 10 | Attempts: 29077 | Last updated: Apr 29, 2024
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Sample QuestionWhich financial statement displays the revenues and expenses of a company for a period of time?
Have you been studying accounting? If yes, then it should not be a problem for you to pass this double entry accounting trivia quiz. Double-entry accounting is known as a system that needs two book entries — one debit and...
Questions: 10 | Attempts: 6719 | Last updated: Sep 30, 2024
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Sample QuestionWhich of the following statements about double-entry accounting is incorrect?
Are you ready to take the most challenging accounting exam? Could you pass this quiz? The financial accounting exam involves concepts that are taught to new students. Accounting is when a professional evaluates numbers and...
Questions: 79 | Attempts: 7264 | Last updated: Oct 20, 2024
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Sample QuestionFinancial transactions are summarized in:
Dive into the essentials of accounting with our 'Accounting Test: Vocabulary Quiz!' Designed to assess your understanding of key accounting concepts, this quiz covers topics from basic definitions to specific accounting...
Questions: 16 | Attempts: 3771 | Last updated: Mar 22, 2023
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Sample QuestionPlanning, recording, analyzing, and interpreting financial information.
Recent Quizzes
This quiz covers key concepts in the valuation of goodwill, including EPS, MVA, super profit, and normal profit calculations, aimed at TYBAF students.
Questions: 20 | Attempts: 305 | Last updated: Mar 21, 2023
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Sample QuestionWhich of the following statement is true
This E-Quiz on Accounting and Business Studies assesses key financial concepts such as asset liquidity, accounting principles, and transaction recording. It is designed to enhance understanding of current assets, accounting...
Questions: 25 | Attempts: 123 | Last updated: Jan 18, 2023
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Sample QuestionThe assets that can be easily converted into cash within a short period (i.e., 1 year or less is known as,
This final exam tests fundamental accounting principles, covering balance sheets, economic events, asset categorization, and cost-related terms.
Questions: 74 | Attempts: 231 | Last updated: Mar 22, 2023
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Sample Questionis prepared at the end of the accounting period to show the financial position of business
Maximum Marks for this Quiz will be 30.
Ten questions carry 2 marks with a negative mark of .5 (1/4) for each wrong answer. (10x2)
Two questions have 5 marks with a negative mark of 1.25 (1/4) for each wrong answer...
Questions: 12 | Attempts: 190 | Last updated: Mar 15, 2023
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Sample QuestionThe Cash Flow Statement can be prepared with Direct or Indirect Method. The difference in presentation between both the methods affects
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 accounting principles and practices critical for...
Questions: 80 | Attempts: 614 | Last updated: Mar 22, 2023
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Sample QuestionWhen using the perpetual inventory system, freight charges on goods purchased are debited to inventory.
Though small business accounting and business accounting fall under the same field, small business is quite different. It deals with smaller-scale companies and so is not as broad as business accounting. Take this quiz to test...
Questions: 10 | Attempts: 214 | Last updated: Jun 17, 2023
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Sample QuestionWhat term is used for day-to-day dealings that involve the exchange of goods and services for cash?
Business accounting us a field under accounting. If you own a business or work for a business as an accountant, then this quiz is definitely for you. It has the most pertinent questions we bet you won't be able to answer. Try...
Questions: 10 | Attempts: 286 | Last updated: Mar 22, 2023
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Sample QuestionAssets are usually reported on the balance sheet at which amount?
Small-business owners make decisions every day that impact the economics of the venture. Having proper accounting procedures in place makes it easy to track the money as it comes and goes and to have an up-to-date view of the...
Questions: 10 | Attempts: 233 | Last updated: Mar 22, 2023
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Sample QuestionAmongst the following, who is considered an external user of accounting?
Business Accounting is a branch of Accounting. When talking about international business accounting, you are talking about what accounting in international businesses entails. Take this quiz to know more
Questions: 10 | Attempts: 710 | Last updated: Jun 17, 2023
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Sample QuestionWhat is the business activity that is defined as the planning, recording, analyzing, and interpreting of financial information?
Chapter 10 Exam 3 assesses knowledge on the translation of foreign subsidiary financial statements, functional currencies, and the application of the current rate method under U.S. GAAP. It is crucial for understanding...
Questions: 27 | Attempts: 509 | Last updated: Mar 22, 2023
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Sample Question1. In accounting, the term translation refers to
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Popular Quizzes
Are you ready for a quick account knowledge test? Take this accounting quiz to check your understanding and learn new facts. For a business to prosper, they need funding, which can come through investments, cash, or selling...
Questions: 10 | Attempts: 27782 | Last updated: Sep 24, 2024
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Sample QuestionWhat is stockholders' equity?
A finance assistant is a person who assists, manage, processes and deals with troubleshooting issues related to accounts and transactions. He is supposed to prepare and process financial forms such as account...
Questions: 10 | Attempts: 20516 | Last updated: Mar 22, 2023
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Sample QuestionWhat financial statement lists assets from current to long term?
Salah satu sarana untuk melatih tingkat pemahaman mahasiwa/i dalam memahami materi Dasar Akuntansi
Questions: 30 | Attempts: 18052 | Last updated: Mar 22, 2023
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Sample QuestionProses mengidentifikasikan, mengukur dan melaporkan informasi ekonomi untuk memungkinkan adanya penilaian dan keputusan yang jelas dan tegas bagi mereka yang menggunakan informasi tersebut, merupakan pengertian:
What is accounting? Take this quiz on introduction to accounting and see what knowledge you have. It is basically the process related to finances and other information about businesses and corporations....
Questions: 25 | Attempts: 17077 | Last updated: Dec 2, 2024
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Sample QuestionThe Accounting Equation is
Source documents play a crucial role in the accounting industry as they contain details of all business transactions. Try this 'Accounting source documents quiz' that is designed to test your knowledge about source...
Questions: 15 | Attempts: 16381 | Last updated: Aug 18, 2023
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Sample QuestionA source document is: