Accounting basics quiz

A multiple-choice quiz on first-year accounting: the accounting equation, profit and the main financial statements. Use it for revision or as a live check at the end of a session.

Level: Higher education
Subject: Business
Category: Business
Format: Pick Answer
Questions: 10
Time: About 5 min

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What's inside

10 Pick Answer questions
Instant feedback after every answer
Works on any phone, tablet or laptop

First questions

Which of these is the basic accounting equation?
How is net profit calculated?
Which financial statement shows a business's assets, liabilities and equity at a specific date?

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