Accounting Quizzes, Questions & Answers
Recent Accounting Quizzes
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This is the Intermediate Level Quiz in regards to Balance Day Adjustments for NCEA Level Two.
When you feel that you are ready, please also take the Expert Level Quiz.
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Questions: 11 | Attempts: 112 | Last updated: Mar 21, 2025
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Sample QuestionRecord Driver's Wages Owing $2450.
Kia Ora :)
This is the Basic Level Quiz in regards to Balance Day Adjustments for NCEA Level Two.
When you feel that you are ready, please also take the Intermediate and Expert Level Quiz.
Thank-you for using BroSir.com...
Questions: 10 | Attempts: 220 | Last updated: Mar 21, 2025
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Sample QuestionDriver's Wages Owing.
This quiz provides an overview of financial statements, focusing on understanding income statements, balance sheets, and key financial formulas. It assesses the ability to identify true statements about financial documents and...
Questions: 6 | Attempts: 265 | Last updated: Mar 20, 2025
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Sample QuestionAn income statement is a summary of the revenue generated and expenses paid during a given time period.
Can You Pass This Accounting Test? Accounting is the practice of preparing records that show the financial position of an organization using the laid down standards both internationally and locally. Do you consider yourself a...
Questions: 40 | Attempts: 96 | Last updated: Mar 21, 2025
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Sample QuestionA detailed report that companies file annually with the SEC is the
This Partnership Accounts quiz assesses knowledge on goodwill calculation, capital contributions, profit sharing ratios, and hidden goodwill in partnerships. It is designed for learners to understand and apply accounting...
Questions: 163 | Attempts: 1321 | Last updated: Aug 22, 2025
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Sample Question(i) Actual average profit Rs. 72,000 (ii) Normal rate of return 10% (iii) Assets Rs. 9,70,000 (iv) Current Liabilities Rs. 4,00,000 Goodwill according to capitalization method will be
Finance is the management of abundant sums of money, which large companies typically oversee. Finance involves a myriad of principles. For this quiz, you will be required to know whether parked documents reduce the budget, why...
Questions: 13 | Attempts: 2345 | Last updated: Mar 19, 2025
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Sample QuestionThe three-way match is used to verify that goods and/or services received do not exceed the amount in the purchase order and the amount invoiced matches the amount received.
What is accounting? Take this quiz on introduction to accounting and see what knowledge you have. It is basically the process related to finances and other information about businesses and corporations....
Questions: 25 | Attempts: 17165 | Last updated: Oct 2, 2025
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Sample QuestionThe Accounting Equation is
The 'Capital and Revenue Expenditure Exam: Quiz!' assesses understanding of expenditure classification in accounting. It tests knowledge on capital vs. revenue expenditures through practical scenarios, crucial for accurate...
Questions: 45 | Attempts: 5613 | Last updated: Oct 13, 2025
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Sample QuestionWhich of the following is of capital nature?
This quiz on Subsidiary Books assesses knowledge on recording credit purchases, differentiating information in ledgers, preparing cash books, managing petty cash, and handling sales returns. Essential for learners in accounting...
Questions: 39 | Attempts: 2325 | Last updated: Mar 20, 2025
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Sample QuestionPurchases book records:
Do you know anything about depreciation accounting? Do you believe you can pass the quiz? To calculate depreciation, you should use the straight-line method. Subtract the salvage amount from the asset cost and divide the...
Questions: 158 | Attempts: 1427 | Last updated: Mar 21, 2025
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Sample QuestionThe number of production or similar units expected to be obtained from the use of an asset by an enterprise is called as ___________.