Here is a free basic accounting test to check your understanding of the section on the basic accounting concepts this quiz contains 9 multiple choice questions and should take about 10 15 minutes to complete please note that the solution sheet on the next page only shows the solutions and not whether you got each of the questions right or wrong. Test your knowledge of accounting with multiple choice questions and quizzes test your knowledge of accounting with multiple choice questions and quizzes skip to content menu accounting multiple choice questions home accounting quizzes accounting multiple choice questions accounting multiple choice questions . For multiple choice and true false questions simply press or click on what you think is the correct answer for fill in the blank questions press or click on the blank space provided if you have difficulty answering the following questions learn more about this topic by reading our accounting basics explanation. Home financial accounting basics financial accounting basics multiple choice questions correct the income statement displays all revenues and expenses recorded in a period in a single report close me incorrect the balance sheet displays assets liabilities and owners equity. To be answered once you will get credit for those questions on all of your examinations in which they appear test questions all the test questions included in the higher level account clerical examination series are multiple choice questions see the sample questions in the subject area sections in this test guide for examples
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