Accounting Concepts Quiz

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Test basic accounting ideas.

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DESHANI KARUNARATNE

Sri Lanka

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Accounting Concepts QuizVersion en ligne Test basic accounting ideas. par DESHANI KARUNARATNE 1 Which accounting concept can be applicable to identify the Drawings and Additions as two seperate transactions? a Business Entity Concept b Matching Concept c Full diclosure Concept d Going Concern Concept 2 Which accounting concept will recommend to exclude the qualitative items such as highly qualified and skillful labour force? a Money Measurement Concept b Consistency Concept c Full Diclosure Concept d Matching Concept 3 Which accounting concept can be applicble to identify sales revenue and cost of sales at the same time? a Matching Concept b Revenue RecognitionConcept c Business Entity Concept d Going Concern Concept 4 Which accounting concept will be suitable to divide assets and liabilities as short-term and long-term? a Going Concern Concept b Accounting Period Concept c Matching Concept d Full Disclosure Concept 5 Which accounting concept explains that transaction should be recorded when the written evidence was issued or received? a Revenue Recognition Concept b Matching Concept c Going Concern Concept d Consistency Concept 6 Which accounting concept recommend to prepare financial statements in every fiscal year? a Accounting Period Concept b Going Concern Concept c Matching Concept d Money Measurement Concept 7 Which accounting concept recommend to maintain same financial statement formats continuously? a Consistency Concept b Full Disclosure Concept c Going Concern Concept d Accounting Period Concept

Accounting Concepts QuizVersion en ligne

Test basic accounting ideas.

par DESHANI KARUNARATNE

Which accounting concept can be applicable to identify the Drawings and Additions as two seperate transactions?

Business Entity Concept

Matching Concept

Full diclosure Concept

Going Concern Concept

Which accounting concept will recommend to exclude the qualitative items such as highly qualified and skillful labour force?

Money Measurement Concept

Consistency Concept

Full Diclosure Concept

Matching Concept

Which accounting concept can be applicble to identify sales revenue and cost of sales at the same time?

Matching Concept

Revenue RecognitionConcept

Business Entity Concept

Going Concern Concept

Which accounting concept will be suitable to divide assets and liabilities as short-term and long-term?

Going Concern Concept

Accounting Period Concept

Matching Concept

Full Disclosure Concept

Which accounting concept explains that transaction should be recorded when the written evidence was issued or received?

Revenue Recognition Concept

Matching Concept

Going Concern Concept

Consistency Concept

Which accounting concept recommend to prepare financial statements in every fiscal year?

Accounting Period Concept

Going Concern Concept

Matching Concept

Money Measurement Concept

Which accounting concept recommend to maintain same financial statement formats continuously?

Consistency Concept

Full Disclosure Concept

Going Concern Concept

Accounting Period Concept

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Accounting Concepts Quiz

Test

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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Accounting Concepts QuizVersion en ligne

par DESHANI KARUNARATNE

Which accounting concept can be applicable to identify the Drawings and Additions as two seperate transactions?

Which accounting concept will recommend to exclude the qualitative items such as highly qualified and skillful labour force?

Which accounting concept can be applicble to identify sales revenue and cost of sales at the same time?

Which accounting concept will be suitable to divide assets and liabilities as short-term and long-term?

Which accounting concept explains that transaction should be recorded when the written evidence was issued or received?

Which accounting concept recommend to prepare financial statements in every fiscal year?

Which accounting concept recommend to maintain same financial statement formats continuously?

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