Business Accounting Quizzes & Trivia

Dreamt of being 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? Test yourself and share these business accounting quizzes with your friends and peers. Enhance your knowledge about business accounting and learn something completely new by answering these insightful quiz questions. You can even get insights into creating awesome quizzes of your own with these business accounting quizzes.

Each and every business accounting quiz here has well-researched and interesting quiz questions that test your grasp of the subject. You can easily learn something new about business accounting with every question you attempt.


Though small business accounting and business accounting fall under the same field, small business is quite different. It deals with smaller-scale companies and so is not as broad as business accounting. Take this quiz to test...

Questions: 10  |  Attempts: 103
  • Sample Question
    What term is used for day-to-day dealings that involve the exchange of goods and services for cash?

Business accounting is the systematic recording, analyzing, interpreting and presenting financial information. Accounting is systematic and can even be tricky at times. Take this quiz to test your knowledge.

Questions: 10  |  Attempts: 103
  • Sample Question
    What is profit?

Small-business owners make decisions every day that impact the economics of the venture. Having proper accounting procedures in place makes it easy to track the money as it comes and goes and to have an up-to-date view of the...

Questions: 10  |  Attempts: 102
  • Sample Question
    Amongst the following, who is considered an external user of accounting?

Business accounting us a field under accounting. If you own a business or work for a business as an accountant, then this quiz is definitely for you. It has the most pertinent questions we bet you won't be able to answer. Try...

Questions: 10  |  Attempts: 102
  • Sample Question
    Assets are usually reported on the balance sheet at which amount?

Business accounting is a fascinating field. If you are into numbers, into the financial side or as they say, crunching numbers, then this quiz would interest you. Take it and test your knowledge.

Questions: 10  |  Attempts: 102
  • Sample Question
    What is the financial statement that reports the revenues and expenses for a period of time such as a year or a month called?




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