Accounting Quiz-01 (Mixed)

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Accounting Quiz-01 (Mixed)

Playing the quiz is an effective way to improve mental competencies. And to develop this mental skill we have brought the Accounting Quiz section. If you Practice these 25 “Accounting Quiz-01 (Mixed)” on a regular basis and it will definitely enhance your mental and accounting skills.

Are You Ready to increase your accounting skills to the next level?

Now, Test your knowledge with our mixed basic accounting quizzes (Multiple Choice questions). It will definitely develop your accounting skill.

Let’s Start

Rules

Quiz TypeTotal MCQTotal Time 
MCQ2510 Minutes
67
Created on By admin

Accounting Quiz-01 (Mixed)

Best of Luck!

1 / 25

Which of the following is correct for “Credit”?

2 / 25

Which of the following statement identify the financial position of a company?

3 / 25

Which of the following event is recorded in an accounting book?

4 / 25

Which of the following is correct for Net Income?

5 / 25

According to Cost principles, the business should record their assets at

6 / 25

Bookkeeping includes only

7 / 25

Which one presents in an Income Statement?

8 / 25

Which one is an example of Intangible Assets?

9 / 25

Which one is an example of an expense?

10 / 25

What is the effect on the accounting equation for this transaction? Paid to Creditors $ 300

11 / 25

Which one is a correct accounting Equation?

12 / 25

Which one of the following is not a transaction?

13 / 25

Modern Accounting originated in

14 / 25

Full-Form of “AAA”

15 / 25

The main objective of accounting is

16 / 25

The left side of Account Called

17 / 25

Double Entry bookkeeping system was first started in which city?

18 / 25

Which one of the following is not included in the Branches of Accounting?

19 / 25

Luca de Pacioli is a/an

20 / 25

Which of the following is not included in the Accounting Process?

21 / 25

Who are the internal users of accounting information in a business?

22 / 25

Accounting is an

23 / 25

How the profit of an organization can be achieved?

24 / 25

How the profit of an organization can be achieved?

25 / 25

Which one is a non-profit organization?

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