10th Grade Financial Management Quizzes, Questions & Answers

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Have you ever heard of the chart of accounts? A chart of accounts is a list of financial accounts set up, usually by an accountant, for a corporation and available for the bookkeeper's use for recording transactions in the...

Questions: 15 | Attempts: 801 | Last updated: Mar 21, 2025

Sample Question 1
The chart of accounts has a list of:

Names of customers and suppliers

General ledger account names and numbers

Names of each inventory item

Sample Question 2
Name the five main categories that the ledger accounts are grouped under:-

Assets, credit cards, liabilities, money, contact cards

Assets, production, bank register, purchases, sales

Assets, liabilities, equity, income, expenses

Sample Question 3
Which category usually has (but not always!) the most accounts?

The banking corporation

The 10 richest people of the world

Expenses

10th Grade Financial Management Quizzes, Questions & Answers

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Top Trending Financial Management Quizzes