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[DOC File]Accounting/Auditing Sample Test Questions
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Some state jobs require knowledge of accounting. Our questions of this type generally cover accounting terms, principles and procedures, accounting problems, journalizing, and auditing. Examples of each type are shown below. 1. A credit to a revenue account: 1. decreases revenues. 2. increases equity. 3. decreases equity. 4. increases assets. 2.
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[DOC File]PREPARING FOR THE ACCOUNTING PARAPROFESSIONAL TEST
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The areas covered by the test questions are described below: BOOKKEEPING AND ACCOUNTING PROBLEMS: 20 questions. These questions are designed to access your ability to work bookkeeping and accounting problems. MATH: 15 questions. These questions test your ability to compute the answer for basic mathematical word problems.
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[DOC File]GT Accounting Basics
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Test Questions. A journal entry is necessary to move expense from project A to project B. Which project should be debited? Project B. Project A. Both. Neither. A Departmental Sales Journal entry must be made to post Revenue to Project A and Expense to project B. What should be debited and credited? Project A should be debited, Project B credited
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[DOC File]Practice Test – Applied Material
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Practice Test – Applied Material. Sample Questions. Below are some examples of the types of transactions that may be included in the matching transactions problem on the final exam. This is in no way an exhaustive list of business transactions but is intended to give you an idea of the format of this question. Instructions:
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[DOC File]Financial Statement Analysis-Sample Midterm Exam
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Some questions have special directions. 1. The operating income/sales ratio is an example of a. a) turnover or efficiency ratio. b) coverage or liquidity ratio. c) leverage or debt ratio. d) none of the above. 2. Trends observed in historical accounting information. a) can be misleading due to changes in accounting procedures
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[DOC File]Acctg 311A – Old Sample Final Exam – Answers and Solutions
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Acctg 505 – Old Sample Final Exam – Answers and Solutions. Part 1. Budgeting. 1. d. Responses a, b, and c are roles of budgeting. However, engaging in budgeting does not, in of itself, promote an ethical framework for decision-making. 2. a. Budgeting requires that managers work in coordination and through communicating with one another.
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Accounting test questions and answers