Account Quizzes, Questions & Answers

Account Quizzes offer an educational exploration of accounting principles, financial statements, and the practices involved in managing and recording financial transactions. These quizzes cover various aspects of accounting, including the fundamentals of bookkeeping, financial analysis, budgeting, and auditing. By participating in Account Quizzes, you can test your knowledge of accounting concepts, reinforce your understanding of financial management, and enhance your skills in financial reporting. Accounting is a critical function in businesses, organizations, and personal finance, providing insights into financial health, performance, and decision-making.

Account Quizzes typically consist of questions that challenge your knowledge of accounting principles, financial ratios, the interpretation of financial statements, and the application of accounting rules and regulations. Engaging with Account Quizzes provides an opportunity to strengthen your accounting knowledge, improve your financial literacy, and develop a foundation for making informed financial decisions. Whether you're a student studying accounting, a business owner managing finances, or simply interested in understanding the language of numbers; Account Quizzes offer an informative and engaging resource. They provide a platform to challenge your knowledge, explore the principles of accounting, and celebrate the role of accounting in financial management. So, get ready to dive into the world of accounting, challenge your knowledge, and embrace the language of numbers through these enlightening and informative quizzes.

Top Trending Quizzes

Fi - Accounts Payable

Quiz Description

Questions: 15 | Attempts: 724 | Last updated: Aug 31, 2023

Sample Question
T code to be used to view the vendor master.

XK02

MK06

DK03

XK03

None of the above

Accounts Receivable Quiz Questions: Test!

Did you know accounts receivable are legally enforceable claims for payment arranged by a business for goods or services supplied that customers have ordered but not paid? For this quiz, you must know things like what the...

Questions: 18 | Attempts: 1474 | Last updated: Mar 21, 2023

Sample Question
What is the transaction code to Display a Document?

FBL5N

F.27

FB03

FD10N

Theory Of Accounts: MCQ Quiz! Trivia

Questions: 10 | Attempts: 1060 | Last updated: Mar 21, 2023

Sample Question
A company has adopted Statement of Financial Accounting Standards No. 115, Accounting for Certain Investments in Debt and Equity Securities (as amended by SFAS 130). It should report the marketable equity securities that it has classified as trading at:

Lower of cost or market, with holding gains and losses included in earnings.

Lower of cost or market, with holding gains included in earnings only to the extent of previously recognized holding losses.

Fair value, with holding gains included in earnings only to the extent of previously recognized holding losses.

Fair value, with holding gains and losses included in earnings.

F3 Control Accounts

Questions: 5 | Attempts: 658 | Last updated: Mar 21, 2023

Sample Question
A company purchases all goods on credit. The following payables ledger control account contains some errors: Payables ledger control account Debit $ Purchases 963,200 Discounts received 12,600 Contras with amounts receivable in receivables ledger 4,200 Closing balance 410,400 –––––––– 1,390,400 ———— Credit $ Opening balance 384,600 Cash paid to suppliers 988,400 Purchases returns 17,400 –––––––– 1,390,400 ———— What should the closing balance be when the errors have been corrected?

$325200

$350400

$358800

$376800

All About Demat Account Quiz

Everything you know about the Demat account will be tested in this quiz. The dematerialized account number is important in the success of electronic transactions. For shareholders, a Demat account is needed to access profits...

Questions: 10 | Attempts: 3109 | Last updated: Mar 22, 2023

Sample Question
The use of a Demat account protects one from the following except

Loss on account of mutilation

Loss on account of fraud

Loss on account of theft

Loss on account of fire

Recent Quizzes

How much do you know about checking Account?

Do you know about various accounts? How much do you know about checking account? This quiz is about checking accounts only. For a basic introduction, what a checking account is, it is a type of bank account that enables you to...

Questions: 10 | Attempts: 119 | Last updated: Nov 17, 2023

Sample Question
This is not found on a check.

Account owner's name

The social security number of the account owner

Account owner's address

All of these

E-quiz On Acc & BST

E-Quiz on Acc & Bst

Questions: 25 | Attempts: 115 | Last updated: Jan 18, 2023

Sample Question
The assets that can be easily converted into cash within a short period (i.e., 1 year or less is known as,

Current Assets

Fixed Assets

Intangible Assets

Investments

Shippo General Account Settings

Questions: 4 | Attempts: 489 | Last updated: Jan 18, 2023

Sample Question
Which E-commerce Channels can you manage from the General tab?

All E-commerce Channels are managed on the General Account Settings Tab

Only Shopify can be managed on the General Account Settings Tab

Shopify, Amazon, and GoDaddy are managed on the General Account Settings Tab

Act Quiz 1 (Alg II+)

ACT Quiz 1 (Alg II+)

Questions: 10 | Attempts: 103 | Last updated: Feb 22, 2024

Sample Question
When 91/333 is expressed as a decimal number what is the 60th digit after the decimal point?

0

1

2

3

7

Account Verification Quiz: MCQ Trivia!

Questions: 10 | Attempts: 313 | Last updated: Mar 21, 2023

Sample Question
Barbara Jackson is calling because she wanted to register her husband’s account to our Winter Promotion. She has Mr. Jackson’s member number. What procedure will you follow?

Verification Light with Barbara and register the account to the promotion

Request to speak with Michael, follow standard verification and register the account to the promotion.

Standard verification with Barbara and register the account to the promotion.

Imsm Commercial 3.E Accounts Knowledge Check

IMSM Commercial 3.e Accounts Knowledge Check

Questions: 10 | Attempts: 39 | Last updated: Jan 18, 2023

Sample Question
IMSM Commercial Accounts are divided into 2 types.

Residential and Business Accounts

3.0 and 3.e Accounts

Commercial and Residential Accounts

Account Classification Quiz: Trivia Test!

Questions: 10 | Attempts: 706 | Last updated: Mar 22, 2023

Sample Question
Operating equipment?

Asset

Liability

Owner's Equity

HP Sp Week 1

HP SP Week 1

Questions: 14 | Attempts: 55 | Last updated: May 19, 2023

Sample Question
Medical Assistance needs to be checked on every P/F account while working in the WQ. True or False?

True

False

Accounts Payable Quiz - Cs

Accounts Payable Quiz - CS

This quiz will be used to test your knowledge on general accounts payable protocol.

Questions: 23 | Attempts: 330 | Last updated: Jan 18, 2023

Sample Question
When looking to find who has processed a load for payment, you would use which feature of Bazooka?

Audit Tab

The "$$$" tab

Accounting tab, expand button, audit button

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Account Quizzes, Questions & Answers

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