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12th Grade Accounting Quizzes, Questions & Answers

Spark curiosity and test your child’s 12th grade Accounting knowledge with our engaging quizzes! Perfect for practice at home or in the classroom—encourage learning through play and exploration.

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This Grade 12 Accounting Quiz assesses knowledge of the accounting cycle, types of accounts, auditor reports, and transaction categorization. It is designed to prepare students for professional accounting practices, enhancing...

Questions: 10  |  Attempts: 2090   |  Last updated: Nov 4, 2024
  • Sample Question
    Which of the following lists the steps of the accounting cycle in the correct order?
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Play this knowledgeable 'Management Financial And Cost Accounting MCQs With Answers' quiz and check how good are you in the cost accounting management system. This test covers many subtopics like costing, budgeting,...

Questions: 12  |  Attempts: 1148   |  Last updated: Mar 22, 2023
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    Estimate the Materials to be debited to Contract A/c. Materials direct to site Rs.4,40,000; Materials returned to store Rs.20,000 and Materials received from Store Rs.81,200.
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This Multiple Choice Quiz focuses on inventory methods, assessing knowledge in FIFO, LIFO, and cost calculations under different systems. It is designed for learners to understand cost flow assumptions and their impact on...

Questions: 5  |  Attempts: 1419   |  Last updated: Mar 22, 2023
  • Sample Question
    The inventory costing method that is based on the assumption that cost should be charged against revenue in the order in which they were incurred.
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This 'Accounting Quiz: Practice Exam!' assesses key skills in cost management using the high-low method. It covers variable and fixed cost calculations, use of Excel for cost data, and identification of cost types, enhancing...

Questions: 25  |  Attempts: 1050   |  Last updated: Aug 30, 2024
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    Based on the information in Table M5-2, assuming Laramie Tack & Saddle uses the high-low method to separate mixed costs, if the company processes 4,100 packages during July, the total variable cost will be:
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The Basic Accounting Quiz assesses knowledge on historical figures on U.S. currency, roles of major accounting firms, and changes in CPA exam structure. It highlights the importance of IT and general business knowledge in...

Questions: 18  |  Attempts: 239   |  Last updated: Mar 20, 2022
  • Sample Question
    Who is on the U.S. $500 bill?
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