Business Accounting Quizzes Online & Trivia

Dreamt of being young, rich and successful by running your own business? You will be amazed at how much you can learn with business accounting quizzes online!

What better way to test your knowledge of the ins and outs of business accounting than awesome business accounting quizzes to test your skills? Test yourself and share these business accounting quizzes with your friends and peers to find out who is the know-it-all.

Enhance your knowledge about business accounting and learn something completely new by answering these insightful quiz questions. Prepare for any upcoming test, use it for training, simply keep yourself updated or even get insights into creating awesome quizzes of your own with these business accounting quizzes.

Each and every business accounting quiz that we have is made up of well-researched and interesting quiz questions that test your awareness and grasp of the subject. With detailed instant feedback for quiz answers, you can easily learn something new about business accounting with every question you attempt.

So what are you waiting for? Take the ultimate business accounting quiz today.

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Business Accounting Questions and Answers


  • What term is used for day-to-day dealings that involve the exchange of goods and services for cash?

  • Which is the most important feature of bookkeeping?

  • Remington provided the following information about its balance sheet. Based on the information provided, how much are Remington’s liabilities?   Cash = $100 Accounts receivable = $500 Stockholders' equity = $700 Accounts payable = $200 Bank loans = $1000

  • What is profit?
    Business accounting question from

  • What assumption states that businesses can divide up their activities into artificial time periods?
    Business accounting question from

  • What is the purpose of promotion?
    Business accounting question from

  • Amongst the following, who is considered an external user of accounting?

  • For accounting and financial reporting purposes, smaller businesses...

  • Which one of the following scenarios would most likely describe the accounting personnel for a small business?

  • Assets are usually reported on the balance sheet at which amount?
    Business accounting question from

  • Which word do liabilities often have in their account title?
    Business accounting question from

  • What are obligations (amounts owed) reported on the balance sheet referred to as?
    Business accounting question from

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