A Review of Accounting

A Review of Accounting

9th - 12th Grade

9 Qs

quiz-placeholder

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A Review of Accounting

A Review of Accounting

Assessment

Quiz

Financial Education

9th - 12th Grade

Easy

Created by

Christine Konopaski

Used 1+ times

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9 questions

Show all answers

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?"

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the "General Ledger", or the GL?

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OFF

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