Question Bank (With Answers)

August 23rd, 2006 / No comments yet
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In this Accounting Question Bank Section, the accounting test questions are arranged in the following manner:-

1. True Or False

2 Multiple Choice Questions

3. Explanation

4. Worked Accounting Test Questions And Answers

Please remember that for accounting subjects, we should not be just reading it. The commonest mistake for any accounting student is to “read” accounting instead of understanding and consistently practice it.

The motto “Practice Makes Perfect” is a key ingredient to the success of the studying of Accounting subjects. [Also, please refer to the Examination Techniques.]

FINANCIAL ACCOUNTING TEST QUESTIONS

Accounting Concepts And Regulatory Framework
Bookkeeping to Trial Balance
Adjustments to Final Accounts
Correction of Errors
Bank Reconciliations
Control Accounts
Financial Statements
Cash Flow Statements
Bad Debts And Provision
Depreciation And Provision
Stock Write Off And Provision
Provisions And Reserves
Incomplete Records
Interpretation of Financial Statement
Non-Trading Concerns
Other Types Of Business
Computerized Accounting
COSTING TEST QUESTIONS
Cost Concepts And Classifications
Overheads
Stock Valuation
Activity Based Costing
Marginal And Absorption Costing
Other Costing Techniques
MANAGEMENT ACCOUNTING TEST QUESTIONS
Budgeting
Standard Costing And Variance Analysis
Short Term Decisions, Pricing & Cost Volume Profit Analysis
SIMPLE FINANCE TEST QUESTION
Sources Of Funds
Basic Investment Appraisal
Others
ACCOUNTANCY MATHEMATICS TEST QUESTIONS
Mark Up And Mark Down
Trade Discounts & Cash Discount
Others
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