Government Accounting Quizzes, Questions & Answers

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This Gov't Final Chapter 1 quiz focuses on government accounting principles. It tests knowledge on revenue recognition under the modified accrual basis, the application of GASB Statement 34, and the classification of governmental...

Questions: 8 | Attempts: 262 | Last updated: Mar 20, 2023

Sample Question
Under the modified accrual basis of accounting, revenues should be recognized when they are:

Authorized by the budget ordinance.

Measurable and available to finance expenditures of the current period.

Realizable and earned.

Realized through collection.

Pretest Vol 1. Accounting Principles And Contingency

Pretest Vol 1: Accounting Principles and Contingency assesses knowledge on accounting processes at base level, use of accounts receivable sales codes, fund reservation practices, and systems replaced by DEAMS. It's essential for...

Questions: 18 | Attempts: 64 | Last updated: Jun 19, 2023

Sample Question
Which office handles most of the accounting processes at base level?

Comptroller

FMA

FMF

DFAS

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Accounting Principles And Contingency Pretest #2

Accounting Principles and Contingency Pretest #2

Accounting Principles and Contingency Pretest #2 assesses knowledge in specialized accounting practices and classifications, including emergency codes, fund commitments, and disbursement stages. Ideal for learners in government...

Questions: 32 | Attempts: 110 | Last updated: Mar 14, 2024

Sample Question
Accouting Classifications: What type of account does not use the third digit?

Trust

Receipt

Deposit

Special

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