Accounting MCQs

Accounting MCQs

9th - 12th Grade

11 Qs

quiz-placeholder

Similar activities

Chap 12&13: Finance and Ratios

Chap 12&13: Finance and Ratios

10th Grade

15 Qs

GTH

GTH

12th Grade

11 Qs

Financial Services Basics

Financial Services Basics

9th Grade - Professional Development

14 Qs

Procesos Recursos Humanos

Procesos Recursos Humanos

1st Grade - University

10 Qs

Akuntansi Keuangan XI Akuntansi (1)

Akuntansi Keuangan XI Akuntansi (1)

11th Grade

10 Qs

Tipos de delitos financieros más comunes

Tipos de delitos financieros más comunes

10th Grade

10 Qs

Public Mutual Biz

Public Mutual Biz

1st Grade - Professional Development

10 Qs

Bus Man U2 AOS1

Bus Man U2 AOS1

11th Grade

15 Qs

Accounting MCQs

Accounting MCQs

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Hard

Created by

Nomfundo Shabalala

Used 2+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All the transactions measurable in the terms of money are recorded in accounts is according to

business entity concept

going concern concept

money measurement concept

accounting period concept

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Dividing the expenditure into capital and revenue is according to

business entity concept

going concern concept

money measurement concept

accounting period concept

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

While putting the value or price of an entity in financial records the lowest price is recorded not the current price or current market value. This is known as

Business Entity Concept

Conservatism

Cost Concept

Money Measurement Concept

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Co-operative societies is an example of

personal account

real account

nominal account

representative personal account

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Outstanding salary account is a

natural personal account

artificial personal account

representative personal account

real account

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Interest earned is a

personal account

real account

nominal account

representative personal account

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Commission paid is a

personal account

real account

nominal account

representative personal account

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?