Accounting Quizzes, Questions & Answers
Recent Accounting Quizzes
This F3 Control Accounts quiz assesses understanding of payables ledger control accounts, including error corrections and reconciliations. It tests skills crucial for accounting accuracy and financial compliance, making it...
Questions: 5 | Attempts: 672 | Last updated: Mar 21, 2025
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Sample QuestionA company purchases all goods on credit. The following payables ledger control account contains some errors: Payables ledger control account Debit $ Purchases 963,200 Discounts received 12,600 Contras with amounts receivable in receivables ledger 4,200 Closing balance 410,400 –––––––– 1,390,400 ———— Credit $ Opening balance 384,600 Cash paid to suppliers 988,400 Purchases returns 17,400 –––––––– 1,390,400 ———— What should the closing balance be when the errors have been corrected?
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Peserta diharapkan membaca ketentuan, langkah-langkah, dan peraturan yang tertera di bawah ini terlebih dahulu.
Ketentuan Test Trial Babak...
Questions: 30 | Attempts: 311 | Last updated: Feb 1, 2025
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Sample QuestionPenghasilan perusahaan Rp.20.000.000,-Beban usaha Rp.7.000.000,-Prive Rp.3.000.000,-Jika Modal Awal Rp.55.000.000,- maka modal akhir adalah...
Accounting is all about the proper reporting of business transactions in the correct books of accounts. This is done to correctly show how the company finances stand at a given point. What do you know about the double-entry...
Questions: 20 | Attempts: 183 | Last updated: Mar 19, 2025
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Sample QuestionThe goal of managerial accounting is to provide the information that managers need for all of the following EXCEPT:
The 'Accounting Cycle MCQ Quiz!' assesses knowledge on key accounting procedures such as Purchase Orders, Goods Received Notes, and Payment Vouchers. It tests understanding of roles like Purchasing Managers and Store Clerks in...
Questions: 8 | Attempts: 236 | Last updated: Mar 22, 2025
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Sample QuestionThe Payment Voucher is sometimes approved by the accounts clerk.
Accounts involved are incorrectly mentioned in the given table of assignment even if the rules of debit and credit are correctly mentioned. So be careful to mention the accounts involved against each transaction.
Note related to...
Questions: 58 | Attempts: 124 | Last updated: Aug 7, 2025
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Sample QuestionQuestion: What is a Budget?
The 'Intermediate Accounting Trivia Exam Quiz!' assesses knowledge on accounting standards and regulations in the energy sector, focusing on Mineral rights, E&E assets, and the roles of regulatory bodies. It's ideal for learners...
Questions: 35 | Attempts: 199 | Last updated: Mar 20, 2025
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Sample QuestionWhat is the applicable IFRS standard on E & E assets?
Note the financial (accounting) year may not be the same as the calendar year (Jan 1 to Dec 31).
Questions: 10 | Attempts: 120 | Last updated: Mar 15, 2025
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Sample QuestionIf the start date of the financial period is __________________, the end date will be 31 December 2015.
Explore your understanding of Accounting with this engaging quiz. It covers key concepts like income statements, accrual accounting, inventory systems, and liabilities. Perfect for students or professionals looking to assess or...
Questions: 23 | Attempts: 297 | Last updated: Mar 20, 2025
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Sample QuestionThe most useful financial statement for analyzing a company’s profitability is the:
Dive into the Account Classification Quiz: Trivia Test! This quiz assesses your knowledge of different financial account types, including assets, liabilities, and owner's equity. Perfect for learners enhancing their accounting...
Questions: 10 | Attempts: 742 | Last updated: Mar 22, 2025
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Sample QuestionOperating equipment?
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: 75 | Last updated: Mar 20, 2025
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Sample QuestionWhat type of account is Allowance for Doubtful Accounts?
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