Financial Accounting Quizzes, Questions & Answers

Recent Quizzes

Financial Accouting Midterm Practice Part 2

This quiz focuses on key concepts of financial accounting including the accounting equation, trial balances, liquidity measures, and journal entries.

Questions: 57 | Attempts: 151 | Last updated: Apr 2, 2024

Sample Question
Which of the following best represents the expanded accounting equation?

Assets = Liabilities + Common Stock - Revenues - Expenses + Dividends

Assets - Liabilities - Common Stock = Revenues - Expenses - Dividends

Assets - Liabilities = Revenues - Exports - Dividends

Assets - Liabilities = Revenues - Expenses + Dividends

Principles Of Financial Accounting Quiz!

Principles of Financial Accounting Quiz!

Financial Accounting means to analyze, summarize, and record financial transactions as well as to show an accurate picture of the financial affairs of the company. This quiz has been developed to test your knowledge of...

Questions: 10 | Attempts: 3280 | Last updated: Mar 22, 2022

Sample Question
The stock is attractive to investors because stockholders are not liable for the corporation's actions and debts and because the stock is easily transferred.

True

False

Acct 2301.02 Principles Of Financial Accounting Quiz

ACCT 2301.02 Principles of Financial Accounting quiz

These are 5 True-False questions that were selected randomly from our mid-term exam for you to practice with.

Questions: 5 | Attempts: 1686 | Last updated: Mar 20, 2022

Sample Question
Ethics are not important to the primary functions of accounting.

True

False

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