A Review of Accounting
9th - 12th Grade
•9 Qs
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A Review of Accounting
Quiz
•
Financial Education
•
9th - 12th Grade
•
Practice Problem
•
Easy
Christine Konopaski
Used 1+ times
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9 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Who is considered to be the father of Accounting?
2.
OPEN ENDED QUESTION
3 mins • 1 pt
What is "Accounting"?
Evaluate responses using AI:
OFF
3.
OPEN ENDED QUESTION
3 mins • 1 pt
What is "Finance?"
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OFF
4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the "General Ledger", or the GL?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the "double-entry accounting system"?
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OFF
6.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the "accounting equation?"
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OFF
7.
OPEN ENDED QUESTION
3 mins • 1 pt
What is a "T-Account?"
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OFF
8.
OPEN ENDED QUESTION
3 mins • 1 pt
What are "debits and credits"?
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OFF
9.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for calculating net income?
Revenue - Expenses
Assets - Liabilities
Profit / Loss
Gross Income - Taxes
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