Accounting Skill Assessment
Quizack provides Accounting MCQ practice question answers in an interactive format.
Accounting MCQ
Learn and practice your skills with our MCQ question answers to improve your knowledge. MCQs list
Start Practice with MCQsAccounting Online Quiz
Quizack 10 minutes test will assess your knowledge and give you comprehensive results along feedback.
Start QuizAccounting PDF Download
Download Free Accounting MCQ questions answers PDF to practice and learn while are offline.
Download PDF
Used by 100s of Jobseekers and students
Focused questions for skill assessment
Premium questions with correct answers
Related Skill Assessment
Free Sample Questions for Accounting
Which choice is a general guideline for adequate separation of duties to prevent both fraud and error?
A person who has control over an asset should not safeguard that asset.
A person who has temporary or permanent custody of an asset should not account for that asset.
A person who has record-keeping responsibility should not make journal entries.
A person who has operational responsibility should not authorize transactions for the area.
Answer:
A person who has record-keeping responsibility should not make journal entries.
_____ precisely indicates how much of a firm's sales is converted into profits.
Break-even price
Working capital turnover
Return on revenue
Inventory turnover
Answer:
Return on revenue
QUIZACK
