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Accounting Principle Quizzes & Trivia

Ever wondered how much you know about accounting principles? What is a matching principle? What is an entity concept? Check out our online accounting principle quizzes and enhance your knowledge with every question you attempt.
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A quiz on basic accounting principles and concepts  

Questions: 13  |  Attempts: 4536   |  Last updated: Dec 22, 2020
  • Sample Question
    What is the entity concept?

Do you know anything about accounting principles and knowledge? Could you pass this quiz? Financial accounting is the branch of corporate accounting that identifies, records, and examines financial data for people outside of...

Questions: 20  |  Attempts: 1042   |  Last updated: Feb 25, 2021
  • Sample Question
    The personal assets of the owner of a company will not appear on the company's balance sheet because of which principle/guideline?



Questions: 18  |  Attempts: 364   |  Last updated: Aug 21, 2018
  • Sample Question
      21.     Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though, in theory, this may be a violation of the accounting concept of

Welcome to A Ownership and Business Standrads Questionnaire. Business structures around the globe are based on specific set standards that make them feasible to accommodate the regulations without falling for the tripwire of...

Questions: 8  |  Attempts: 131   |  Last updated: Sep 14, 2020
  • Sample Question
    Principle of Utmost Good Faith or “uberrimae fidei” in Latin, can be considered a general principle of GAAP.

6f051k volume 1: accounting principles

Questions: 22  |  Attempts: 36   |  Last updated: Aug 23, 2011
  • Sample Question
    who has overall responsibility for commitment accounting?
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