Accounting and Bookkeeping

By root_jvvzcp9r Self Evaluators

Self Assessment Evaluation of your Accounting and Bookkeeping Knowledge

 

Accounting technicians and bookkeepers are in high demand because businesses are doing well, and managing money is a top concern for any business.
  • This quiz is intended as a self assessment to test your knowledge and areas of improvement. There are 10 questions MCQ’s (multiple choice questions)
  • Choose your answer to the question and click "Next" to see how you did.
  • Each correct answer will give you a point and you will be able to see your percentage scored at the end.

When you have completed the test, click 'See Result' to see your results. Good luck!

Self Evaluation of Your Accounting and Bookkeeping Knowledge

At the end of Quiz, Get Results, instantly!

1 / 10

  1. Which financial statement is prepared first?

2 / 10

A complete journal entry will always have both a _____

3 / 10

What must balance in a trial balance?

4 / 10

Generally speaking, which financial estimates tend to have a longer time horizon?

5 / 10

_____ is the money left after all revenue is recognized and all expenses paid. It should be included as part of the budget

6 / 10

Which of the following is not recorded in a cash payments journal?

7 / 10

The _____ ledger contains information on all the accounts.

8 / 10

When preparing financial statements, which one shows how much money came in and went out of a company during a given time period?

9 / 10

The type of account that 'shows what a company owes' is a(n) _____ account.

10 / 10

What is the name of the first trial balance that must be prepared?

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