Accounting Quiz and MCQs

Accounting

78

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MCQs related to financial statements, accounting principles, and bookkeeping.

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Accounting 0 attempts
Quiz #78

Accounting Quiz - 21 Questions

21 min
Pass: 33%
Accounting 0 attempts
Quiz #77

Accounting Quiz - 25 Questions

25 min
Pass: 33%
Accounting 0 attempts
Quiz #76

Accounting Quiz - 15 Questions

15 min
Pass: 33%
Accounting 0 attempts
Quiz #75

Accounting Quiz - 15 Questions

15 min
Pass: 33%
Accounting 0 attempts
Quiz #74

Accounting Quiz - 25 Questions

25 min
Pass: 33%
Accounting 0 attempts
Quiz #73

Accounting Quiz - 10 Questions

10 min
Pass: 33%

Questions in this Category

51. Financial statements differ from management account because
52. ________ is a separate legal entity that Total capital can be divided in many shares.
53. An asset posses which of the following?
54. Liabilities are which of the following?
55. ________ is the gross inflow of economic benefits?
56. The gross decrease in economic benefits for the business are what?
57. An asset must be _______ by the business to be shown as an asset in its “balance sheet”
58. Liability are arisen from which of the following events?
59. Which of the following can be considered as the most important phase of accounting cycle and it is the primarily objective of financial accounting?
60. Which is the most important characteristic that all assets of a business have?
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