Question Bank (With Answers)

August 23rd, 2006 /

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

Comments RSS

  1. Financial Accounting (FA) Test on Accounting Concepts & Regulatory Frameworks ( FA Test No 1) | Basic College Accounting.com

    […] Question Bank […]

  2. Lisa Ray

    an excellent website which explains difficult concepts clearly.

  3. Lisa Ray

    by the way I had just submitted a comment earlier. I want to get the permission from your website manager to use only one lesson on “CVP analysis” to show it ot my business students. I know that 10% of any material can be copied wholesale & aknowledging it is not illeagal; but I just want to make sure I do not go against the law of respecting intellectual property as a lecturer. thank you.

  4. slang

    Dear Lisa,

    As this is an educational blog,please use as much material from this blog as you would like. This need not confine to CVP only.

    Thanks for reading this blog.

  5. Annette

    please explain to me if i have a profit(loss) which statement will it appear on they way the set up it is on the income statement as being debited and on the blance sheet being credit explain where do I start from. It shows as 3.00 dollars

  6. Rameshar

    An interesting an informative website. One I’ll certaily refer my students to.

  7. mazhar

    much much good site
    i found it informative and helpful

  8. Financial Accounting Question Bank On Accounting Concepts & Regulatory Framework | Basic College Accounting.com

    […] Q&A […]

  9. Financial Accounting Question Bank On Cash Flow Statements | Basic College Accounting.com

    […] Q&A […]

  10. Financial Accounting Question Bank On Bad Debts And Provisions | Basic College Accounting.com

    […] Q&A […]

  11. Financial Accounting Question Bank On Depreciation And Provision | Basic College Accounting.com

    […] Q&A […]

  12. Costing Question Bank On Stock Valuation | Basic College Accounting.com

    […] Q&A […]

  13. Financial Accounting Question Bank On Non-Trading Concerns | Basic College Accounting.com

    […] Q&A […]

  14. Financial Accounting Question Bank On Incomplete Records | Basic College Accounting.com

    […] Q&A […]

  15. Financial Accounting Question Bank On Stock Write Off | Basic College Accounting.com

    […] Q&A […]

  16. Financial Accounting Question Bank On Bookkeeping to Trial Balance | Basic College Accounting.com

    […] Q&A […]

  17. Financial Accounting Question Bank On Adjustments to Final Accounts | Basic College Accounting.com

    […] Q&A […]

  18. Financial Accounting Question Bank On Correction of Errors | Basic College Accounting.com

    […] Q&A […]

  19. Management Accounting Question On Activity Based Costing | Basic College Accounting.com

    […] Q&A […]

  20. Financial Accounting Test Question Bank On Interpretation of Financial Statement | Basic College Accounting.com

    […] Q&A […]

  21. JL Babette Sable

    Hello,
    This is JL Babette Sable. I just want to ask if you can give me an appropriate definition of the “operating cost” because I have been to many websites and I didn’t find any expound answer. Please help with this…. This is for my case study…

  22. Farhat Khan

    why the overheads are not treated as limiting factor.

  23. salim

    i need quastion & answer about accountants
    by tick thus i have soon test in accountancy by
    on online plez try to hellp me
    thanks very much for this site

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