Accounting Fundamentals Quiz
Assess your understanding of key accounting concepts and principles with this comprehensive quiz.
Quiz Questions
Answer all questions below and test your knowledge.
- 1
What is the primary purpose of the statement of cash flows?
- 2
Which accounting principle requires that assets be recorded at their original cost?
- 3
What is the debt-to-equity ratio used to assess?
- 4
What is the purpose of depreciation in accounting?
- 5
Which type of account is Accounts Payable?
- 6
What is the accounting equation?
- 7
What is the main purpose of an audit?
- 8
Which financial statement reports a company's revenues and expenses?
- 9
What is the term for the process of matching expenses with revenues?
Never miss a quiz!
Daily challenges on Telegram
Check These Out Too
Iconic Movie Quotes Quiz
How well do you know your movie lines? See if you can match these famous quotes to their films!
80s Movie Mania: The Ultimate Trivia Gauntlet
Think you know your 'Back to the Future' from your 'Blade Runner'? Prove your 80s movie mastery with these challenging questions!
Can You Name These Capital Cities?
Put your global knowledge to the test! Match the country to its capital city.
Easy Music Trivia Challenge!
Think you know music? Let's find out with this super easy trivia quiz!
History's Hidden Chapters: A Scandalous Quiz
Dive deep into the annals of time and test your knowledge of history's most surprising secrets and scandalous events. Are you ready for the truth?
Idioms & Phrases Challenge
How well do you know common English idioms and phrases? Let's find out!