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 Financial Accounting Concepts. Take your time, it's a bit difficult. So, let's try out the quiz. All the best!
Financial accounting
Managerial accounting
Tax accounting
Forensic accounting
Rate this question:
Owner’s Equity = Liabilities + Assets
Liabilities = Assets + Owner’s Equity
Assets = Liabilities + Owner’s Equity
Assets = Owner’s Equity
Rate this question:
Investor
Creditor
Manager
Customer
Rate this question:
True
False
Rate this question:
Leonardo da Vinci
Fra Luca Pacioli
Al Khawarizmy
Al Mazendarany
Rate this question:
Preferred stock
Common stock
Par value stock
Stated value stock
No-par value stock
Rate this question:
$108,625
$(12,625)
$11,375
$43,375
$(11,375)
Rate this question:
True
False
Rate this question:
Ownership rights to the assets of the corporation
Voting rights
Preference to dividends
The rights to sell their stock on the open market
Preference to assets at liquidation
Rate this question:
Quiz Review Timeline (Updated): Mar 21, 2022 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
FINANCIAL ACCOUNTING SSS 1
This quiz assesses knowledge in Financial Accounting for SSS 1, covering topics like capital, source documents, accounting bodies, and ledger management.
Questions:
50 |
Attempts:
1383 |
Last updated:
Jan 13, 2025
|
Financial Accounting Practice Exam Quiz!
The 'Financial Accounting Practice Exam Quiz!' assesses key skills in financial accounting, covering topics like ledger balances, profit calculations, and accounting for raw...
Questions:
69 |
Attempts:
1558 |
Last updated:
Aug 14, 2024
|
Accountancy Quiz MCQ: Exam!
This Accountancy Quiz MCQ: Exam assesses knowledge in financial accounting, focusing on bad debts, account types, and the basic accounting equation. It evaluates understanding of...
Questions:
15 |
Attempts:
478 |
Last updated:
Mar 22, 2023
|
|
MGT101 : Test Your Financial Accounting Knowledge! Trivia Questions Quiz
MGT101 : This is a trivia questions quiz designed to test your financial accounting knowledge! For you to be a skilled accountant, you need to have enough information about all...
Questions:
40 |
Attempts:
538 |
Last updated:
Mar 22, 2023
|
Classification Of Accounts Quiz! Test
Dive into the 'Classification of Accounts Quiz! Test' to assess your understanding of key accounting concepts. This quiz covers various types of accounts including assets like...
Questions:
15 |
Attempts:
571 |
Last updated:
Mar 21, 2023
|
Financial Accounting Test 2
This Quiz is to test your accounting information, its an advanced questions.
After you finish, you will review your answers before submit and then you will get your result with...
Questions:
15 |
Attempts:
267 |
Last updated:
Mar 21, 2023
|
Wait!
Here's an interesting quiz for you.