Accounting Quizzes, Questions & Answers
Recent Quizzes
Can you correctly answer all these accounting questions? We're curious to know how much you know about accounting! Take this quiz and test your knowledge now. Do you think you can get a high score on our super fun quiz? Give...
Questions: 43 | Attempts: 688 | Last updated: Sep 6, 2023
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Sample QuestionA record summarizing all the information pertaining to a single item in the accounting equation.
Accounting is a fun topic to learn and as you are in your second level you have been able to gather a lot of knowledge. The multiple choice quiz is set in a way that it covers all you should know up to this point. Give it a...
Questions: 21 | Attempts: 887 | Last updated: Mar 21, 2023
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Sample QuestionRent received in advance is a liability until the rented space is actually
Dive into the complexities of bond contracts, interest rates, and stock types with the Accounting 302 Online Quizzes. This quiz assesses understanding of key financial instruments and their implications, essential for advanced...
Questions: 6 | Attempts: 439 | Last updated: Mar 21, 2023
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Sample QuestionWhat is the contract that gives rise to a bond?
Accy 111: Accounting Exam! Quiz focuses on inventory management systems in accounting, comparing perpetual and periodic systems, and discussing methods like FIFO and LIFO. It assesses understanding of inventory cost implications...
Questions: 20 | Attempts: 686 | Last updated: Mar 22, 2023
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Sample QuestionIn a perpetual inventory system, the cost of inventory sold is
This Accy 111 Chapter 6 quiz assesses understanding of compound interest, effective interest rates, and present value calculations. It tests knowledge crucial for accounting and finance, focusing on both theoretical concepts and...
Questions: 15 | Attempts: 416 | Last updated: Mar 19, 2023
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Sample QuestionCompound interest includes interest earned on interest.
Accy 111 Chapter 7 Questions: Quiz! This quiz assesses key accounting concepts such as cash equivalents, internal controls, compensating balances, and sales returns. It is designed to improve accuracy in financial reporting and...
Questions: 15 | Attempts: 440 | Last updated: Mar 21, 2023
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Sample QuestionCash equivalents would include investments in marketable equity securities as long as management intends to sell the securities in the next three months.
The ACCT 202 Final Review assesses understanding of cash flow statements, focusing on their preparation, purpose, and transaction reporting. It evaluates key skills in managing and analyzing financial activities, crucial for...
Questions: 70 | Attempts: 389 | Last updated: Mar 20, 2023
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Sample QuestionWhich one of the following items is not generally used in preparing a statement of cash flows?
As you start your journey as an accountant there are some words that will be mentioned throughout the course of your studies. You should therefore ensure you understand each word so that you don’t get confused once...
Questions: 19 | Attempts: 106 | Last updated: Feb 19, 2024
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Sample QuestionA written offer to a supplier to buy certain items is called a(n) ____________.
The finals for the accounting class are almost here. To get rid of the pre exam jitters the quiz below is designed to cover all the material covered so far and ensure you get an A. Give the test a try and note the areas you...
Questions: 21 | Attempts: 1124 | Last updated: Mar 22, 2023
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Sample QuestionOn a worksheet for a merchandising company that uses a perpetual inventory system
Are you familiar with the expenditure cycle? Would you like to try this quiz? The expenditure cycle is the set of activities that pertain to the procurement of and payment for goods and services. Activities include determining...
Questions: 10 | Attempts: 301 | Last updated: Mar 22, 2023
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Sample QuestionWhat document is not used in the Purchasing system?
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