Accounting Quizzes, Questions & Answers
Recent Quizzes
Management accounting involves preparing timely and accurate managerial reports and accounts that help managers to make day to day decisions about the operations of a business. Having covered the basics in class you...
Questions: 27 | Attempts: 340 | Last updated: Dec 12, 2024
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Sample QuestionWhich of the following components are part of SAP CO? (4 correct answers)
Statement of Financial Position / Balance Sheet
Sonny Bill Williams LTD - For the Year Ended 31 March 31/03/Infinity [we hope]
Is Sonny Bill Williams an Asset or a Liability? mmmm
Questions: 15 | Attempts: 289 | Last updated: Mar 21, 2023
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Sample QuestionAccounts Receivable
What is accounting? Take this quiz on introduction to accounting and see what knowledge you have. It is basically the process related to finances and other information about businesses and corporations....
Questions: 25 | Attempts: 16995 | Last updated: Dec 2, 2024
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Sample QuestionThe Accounting Equation is
2011 vol. Financial Management Journeyman
Questions: 18 | Attempts: 62 | Last updated: Jun 19, 2023
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Sample QuestionWhich office handles most of the accounting processes at base level?
Learn about fundamental concepts and principles in accounting with this quiz, and you are also getting an opportunity to test your current knowledge on the same at the same time. The quiz has MCQ questions about fundamental...
Questions: 14 | Attempts: 4069 | Last updated: Jul 2, 2023
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Sample QuestionAll business transactions that will be entered in the accounting records must be fully supported by verifiable evidence.
Do you know anything about depreciation accounting? Do you believe you can pass the quiz? To calculate depreciation, you should use the straight-line method. Subtract the salvage amount from the asset cost and divide the...
Questions: 158 | Attempts: 1400 | Last updated: Mar 22, 2023
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Sample QuestionThe number of production or similar units expected to be obtained from the use of an asset by an enterprise is called as ___________.
Questions: 173 | Attempts: 901 | Last updated: Oct 18, 2023
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Sample QuestionOn 1.1.05 X draws a bill on Y for Rs.20,000 for 3 months. Due date of the bill will be:
Have you been studying accounting? If yes, then it should not be a problem for you to pass this double entry accounting trivia quiz. Double-entry accounting is known as a system that needs two book entries — one debit and...
Questions: 10 | Attempts: 6306 | Last updated: Sep 30, 2024
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Sample QuestionWhich of the following statements about double-entry accounting is incorrect?
CDC 2010/11
Questions: 32 | Attempts: 110 | Last updated: Mar 14, 2024
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Sample QuestionAccouting Classifications: What type of account does not use the third digit?
Are you looking for a way to test your knowledge about billing and invoicing? There are different types of invoices that can be given out, and they are differentiated by checking the contents. A wrong bill can lead to a lot of...
Questions: 5 | Attempts: 1299 | Last updated: Mar 21, 2023
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Sample QuestionWhat is the difference between a collective billing document and an individual billing document?
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