Accounting Quizzes, Questions & Answers
Recent Quizzes
Pensions in accounting are seen as future liabilities. They are seen as actions that will reduce the company’s capital when they fall due. We have covered how they are calculated and treated in the books of accounts....
Questions: 15 | Attempts: 424 | Last updated: Mar 22, 2023
-
Sample QuestionCompanies generally design pension plans that are
Definitions
Questions: 11 | Attempts: 110 | Last updated: Mar 20, 2023
-
Sample QuestionA form for recording transactions in chronological order.
Multiple choice and short answer questions.
Questions: 10 | Attempts: 322 | Last updated: Mar 20, 2023
-
Sample Question1. The left side of an account is:a. blankb. a description of the accountc. the debit sided. the balance of the account
Hey, check out this amazing 'Banking Reconciliation Calculations Quiz' that is given below. We've designed this quiz to test your knowledge regarding the operation of control accounts, types of errors in accounting,...
Questions: 10 | Attempts: 390 | Last updated: Mar 20, 2023
-
Sample QuestionWhen preparing the payables ledger reconciliation for a client, you noted the following errors: (i) an invoice for $215 from a supplier was not entered in the accounting records (ii) an invoice for $465 was recorded as $456 in the purchase day book Which of the errors will cause a difference between the balance on the control account in the nominal ledger and the total of the list of balances from the personal ledger?
Evolution or the change in characteristics of populations over millions of years is an important aspect of our human history and studying evolution can help us foresee our future. This is why evolutionary science is an...
Questions: 13 | Attempts: 88 | Last updated: Dec 4, 2023
-
Sample QuestionThe three models of natural selection are:
This exam is the 1st 6 weeks exam that covered: cyberbullying, social networking, online safety and internet predators, blogs and wikis, technology overload, digital etiquette, malware, phishing, wireless safety, email,...
Questions: 36 | Attempts: 174 | Last updated: Mar 22, 2023
-
Sample QuestionYou just opened a savings account at a bank. Every week you are going to put part of your allowance into this account. You want to use the computer to keep track of the balance of the account. Which type of software program would you use to track your money in Excel?
Questions: 10 | Attempts: 108 | Last updated: Mar 21, 2023
-
Sample QuestionIndicate whether the following company is primarily a service, merchandise, or manufacturing business. WALMART
Are you about to apply for the position of cashier and are looking for a way to test your knowledge when it comes to cashier vocabulary? The special trivia test below will teach you more of them and refresh your knowledge about...
Questions: 5 | Attempts: 276 | Last updated: Mar 21, 2023
-
Sample QuestionCashiers pay for all of the things that people want to buy.
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: 634 | Last updated: Sep 6, 2023
-
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: 749 | Last updated: Mar 21, 2023
-
Sample QuestionRent received in advance is a liability until the rented space is actually
Accumulation of Styles' online quizzes
Questions: 6 | Attempts: 395 | Last updated: Mar 21, 2023
-
Sample QuestionWhat is the contract that gives rise to a bond?
.
Questions: 20 | Attempts: 669 | Last updated: Mar 22, 2023
-
Sample QuestionIn a perpetual inventory system, the cost of inventory sold is
Questions: 15 | Attempts: 414 | Last updated: Mar 19, 2023
-
Sample QuestionCompound interest includes interest earned on interest.
Questions: 15 | Attempts: 437 | Last updated: Mar 21, 2023
-
Sample QuestionCash equivalents would include investments in marketable equity securities as long as management intends to sell the securities in the next three months.
Review for final exam in Accounting 202.
Questions: 70 | Attempts: 343 | Last updated: Mar 20, 2023
-
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: 102 | Last updated: Feb 19, 2024
-
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: 1051 | Last updated: Mar 22, 2023
-
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: 297 | Last updated: Mar 22, 2023
-
Sample QuestionWhat document is not used in the Purchasing system?
Multiple Choice
Quiz
Inventory Methods
Questions: 5 | Attempts: 1340 | Last updated: Mar 22, 2023
-
Sample QuestionThe inventory costing method that is based on the assumption that cost should be charged against revenue in the order in which they were incurred.
The accounts department is one of the most important in an organization. An organization has a lot of transactions that lead to a change in the status of a company. Today we covered how to adjust different entries in the...
Questions: 40 | Attempts: 4769 | Last updated: Mar 22, 2023
-
Sample QuestionWhich of the following is/are the purpose of adjusting entries?
Different costs are incurred during the manufacturing of products and are transferred to the consumer in the process. Do you have a good understanding of this cost and how do we account for them as accountants? Take up the...
Questions: 20 | Attempts: 151 | Last updated: Mar 19, 2023
-
Sample QuestionWhat's another name for manufacturing costs?
Questions: 16 | Attempts: 3024 | Last updated: Mar 22, 2023
-
Sample QuestionPlanning, recording, analyzing, and interpreting financial information.
Questions: 60 | Attempts: 566 | Last updated: Mar 22, 2023
-
Sample QuestionUnder U.S. tax laws, how are taxes paid by U.S. corporations to foreign governments treated?
Questions: 41 | Attempts: 442 | Last updated: Mar 22, 2023
-
Sample QuestionParticulars Rs. Opening written down value of machine 1,00,000 Cost of new machine purchased during the year 50,000 Depreciation during the year 21,000 Closing written down value (WDV) ?
We love budgets. We love Gross vs net income. Play this quiz and learn this accounting quiz!
Questions: 9 | Attempts: 346 | Last updated: Mar 16, 2023
-
Sample QuestionWhat is the difference between gross vs net pay?
Advertisement