Accounting Quizzes, Questions & Answers
Recent Accounting Quizzes
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: 257 | Last updated: Mar 20, 2022
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Sample QuestionWho is on the U.S. $500 bill?
Explore the fundamentals of accounting with The Accounting Equation Quiz. This quiz assesses understanding of the basic accounting principle, its application in double entry bookkeeping, and identification of assets. It's...
Questions: 10 | Attempts: 6423 | Last updated: Mar 22, 2023
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Sample QuestionThe accounting equation is a mathematical principle?
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: 2347 | 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 20, 2023
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Sample QuestionWhich of the following is the correct order for the accounting cycle?
Source documents play a crucial role in the accounting industry as they contain details of all business transactions. Try this 'Accounting source documents quiz' that is designed to test your knowledge about source...
Questions: 15 | Attempts: 16540 | Last updated: Aug 18, 2023
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Sample QuestionA source document is:
FAR- study for the CPA exam. Cash flow information and present value.
Questions: 20 | Attempts: 234 | Last updated: Mar 19, 2023
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Sample QuestionAccording to the FASB’s conceptual framework, the expected cash flow (ECF) approach to measuring present value
This quiz assesses understanding of ethics in accounting, focusing on integrity, objectivity, disclosure, and internal control systems. It evaluates knowledge of ethical standards vital for accountants, highlighting the effects...
Questions: 10 | Attempts: 255 | Last updated: Mar 21, 2023
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Sample QuestionBased on your reading of the ABOUT Ethics in Accounting Reading Material (CA-4, given article 1) respond to the following:Ethics and Integrity Standards are based on the following, EXCEPT:
Are you an accountant who is trying to see how well they understand the Financial Accounting Standards Board Codifications? In order to ensure that your records are not misstatement, you need to follow the guidelines put in place...
Questions: 10 | Attempts: 564 | Last updated: Mar 21, 2023
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Sample QuestionBased on your assigned reading (https://sites.google.com/site/thecodification/grading) for this class activity, respond to the following question: CODE-Q1 The codification was first published as of July 1, 2009. It is effective for interim or annual periods ending after:
Your level of Finance & Accounting knowledge is being evaluated...
Questions: 10 | Attempts: 136 | Last updated: Mar 15, 2023
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Sample QuestionInvoices received from vendors are supposed to be thrown away because we do not want to pay them- true or false?
This Financial Assessment Quiz for the CSM Summit explores key concepts in finance and accounting, such as pro-forma results, non-GAAP reporting, and Cost of Goods Sold (COGS). It is designed to assess understanding of financial...
Questions: 15 | Attempts: 109 | Last updated: Mar 13, 2024
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Sample QuestionWhich best describes the "art" of finance and accounting? (chapter 1)