10th Grade Accounting Quizzes, Questions & Answers
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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: 29101 | 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: 6765 | 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: 7291 | Last updated: Oct 20, 2024
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Sample QuestionFinancial transactions are summarized in:
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: 17078 | Last updated: Dec 2, 2024
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Sample QuestionThe Accounting Equation is
This quiz assesses knowledge in Financial Accounting for SSS 1, covering topics like capital, source documents, accounting bodies, and ledger management.
Questions: 50 | Attempts: 1339 | Last updated: Jan 13, 2025
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Sample QuestionAnother word for start-up fund for business is ……… a
Recent Quizzes
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
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?
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?
Test Your Accounting Concepts Knowledge using this Trivia Questions Quiz. Accounting is a major department in any organization as it is tasked with collection, recording and use of funds as needed to meet the objectives of the...
Questions: 10 | Attempts: 228 | Last updated: Mar 22, 2023
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Sample QuestionCosts incurred to increase the operating efficiency, productive capacity, or useful life of a plant asset referred to as--------
Basic accounting entails knowing what is being debited and what is being credited to an account. Other than that there is knowledge of how to treat the different transactions in the company’s books. Test your basic...
Questions: 10 | Attempts: 74 | Last updated: Mar 21, 2023
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Sample QuestionWhat type of account is Allowance for Doubtful Accounts?
Accounting is one of the most needed and well-sought-after careers. Are you excited about accounting? Do you think you know accounting? Take this quiz and find out. Every business, be it small or large, needs an...
Questions: 10 | Attempts: 517 | Last updated: Nov 17, 2023
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Sample QuestionWhich of the following actions would not be considered good management of accounts receivable?
This quiz is intended to find out how much the students know about accounting from their daily experiences.
Questions: 25 | Attempts: 167 | Last updated: Mar 21, 2022
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Sample QuestionIn schools nationwide, what has become the latest and hottest sub-specialty?
This Chart of Accounts Quiz assesses understanding of general ledger account structures, including main categories like assets and liabilities. It tests knowledge of the accounting equation and the categorization of accounts,...
Questions: 15 | Attempts: 2341 | Last updated: May 29, 2024
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Sample QuestionThe chart of accounts has a list of:-
This quiz titled '11 Accounting - February 22, 2016' assesses knowledge in the accounting cycle, including journal entries, ledger posting, and closing entries. It evaluates understanding of financial statement preparation and...
Questions: 11 | Attempts: 291 | Last updated: Mar 21, 2023
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Sample QuestionWhich of the following is the correct order for the accounting cycle?
Struggle to study accountancy? Take this accounting quiz for starters, and see how much you understand accounts. Well, it is not that difficult, especially if you know the basics. This is an accounting quiz designed to clear some...
Questions: 25 | Attempts: 1457 | Last updated: Aug 28, 2023
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Sample QuestionTo increase a cash account, we have to credit it.
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