242 accounting quizzes online trivia questions and answers 9

100 Easy General Knowledge Questions And Answers

You can 242 accounting quizzes online trivia questions and answers build engaging online quizzes with our free online quiz maker. Double Entry Bookkeeping is here to provide you with free online information to help you learn and understand bookkeeping and introductory accounting. If you’re looking for topic-specific trivia, we’ve got you covered. Check out our Harry Potter, Disney, Friends, Marvel, or Star Wars trivia. These questions are a great way to make learning fun and engaging.

Who is credited with the invention of the telephone?

Wherever you are located, these innovative QuickBooks tools allow our Colorado Springs team to help you achieve sustainable, confident growth. Definition of Gross Wages Gross wages are the amounts earned by employees before the payroll withholding taxes and other deductions are subtracted. Sometimes gross wages is used to describe the amounts earned by hourly-paid employees.As of May 2017, there were just over 1.3 million accountants employed in the United States.

Bookkeeping Basics Quizzes

A short term amounts due from buyers to a seller, who have purchased goods or services from the seller on credit is referred to as account receivable. An over accrual is a condition where the estimate for an accrual journal entry is too high. These costs involve all of the fees or charges that an organization incurs to register and issue bonds. In this account debits and credits, transactions are entered in one place and kept balanced. If you’re looking for some easy general knowledge questions for your next quiz night, then you’re in luck. We have 100 easy general knowledge questions and answers all ready for you to download and use in your next pub quiz, or group quiz with friends.

What period did the Tyrannosaurus Rex live during?

You can even explore a wide range of general knowledge quizzes, making it easy to find something for everyone. These questions are perfect for a casual trivia night with family or friends, an engaging activity with colleagues, or a fun classroom quiz with students. The trivia questions below cover various topics, and all questions include answers. It can be expenses and income types that are recorded into separate accounts.

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This is the person who will ask the trivia questions and reveal the answers. If you are playing trivia as a classroom game, the quiz master would usually be the teacher, but you can also designate a student to be the quiz master. Whether it’s for a school activity, a team-building event, or a family game night, feel free to use these questions and answers to add a fun trivia segment to your event. If you’re playing trivia in class, ensure that higher-level and lower-level students are evenly distributed throughout the groups.

Science Fiction Trivia

Your matched tutor provides personalized help according to your question details. Payment is made only after you have completed your 1-on-1 session and are satisfied with your session. In fact, some corporations hiring “cost accountants” whose entire professional existence is dedicated to analyzing, tracking and reducing costs–as well as maximizing savings. Employers want creative accountants–accountants that will go above and beyond the “traditional” role of record keeping and financial reporting, and bring added value to the company.

How many time zones are there in Russia?

Test your knowledge of companies, entrepreneurs, and the world of commerce! These business trivia questions are perfect for team building, classrooms, or friendly competition at work. These movie trivia questions will challenge even the most dedicated cinephiles. From classic films to modern blockbusters, let’s see how well you know the world of cinema. Financial accounting is a branch of accounting that focuses on the recording, summarizing, and reporting of a company’s financial transactions and activities. Its primary purpose is to provide relevant and reliable financial information to external stakeholders, such as investors, creditors, regulators, and the general public.

What is the capital city of Morocco?

• Payment is made only after you have completed your 1-on-1 session and are satisfied with your session.
• If you’re looking for some easy general knowledge questions for your next quiz night, then you’re in luck.
• If you are playing trivia as a classroom game, the quiz master would usually be the teacher, but you can also designate a student to be the quiz master.

A compound journal entry is just like other accounting entries where there is more than one debit, more than one credit, or more than one of both debits and credits. It is essentially a combination of several simple journal entries. Mary Beth Heuvelmans, CPA, has over 20 years experience in accounting and tax preparation, from tax return preparation to complex accounting for large businesses. Accounting Answers provides Professional CPA, Tax Preparation, and Accounting Services to businesses and individuals in the Madison, WI area.

You can easily find the best Accounting quiz question quickly, We have added all the Accounting trivia questions here on this page. You can also navigate to the next page if there are more questions available for Accounting topic. If yes here we have crafted handpicked Accounting Quiz to test your knowledge.

• He is the sole author of all the materials on AccountingCoach.com.
• By the way, our QuizAx app offers over 500,000 trivia questions across a variety of fascinating topics.
• Some common categories are general knowledge, history, geography, movies, music, literature, and science.
• This is a pretty common question that any job-seeker should expect during an initial interview.
• Similarly, when you sell something, you lose the thing and get the money.

You may be the best accountant in the world, but if you can’t communicate that you’re best, in a meaningful way, you’ll be passed over for less qualified candidates. The knowledge requirements for answering accountant job interview questions will vary by position. On the balance sheet, the asset account of inventory is reduced by the amount of the write-down, and so is shareholders’ equity. The income statement is hit with an expense in either COGS or a separate line item for the amount of the write-down, reducing net income. On the cash flow statement, the write-down is added back to CFO as it’s a non-cash expense but must not be double-counted in the changes of non-cash working capital.