Financial Accounting Test questions

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. So in addition to selecting each of the solutions in the quiz itself, please grab a piece of paper and pen or pencil and take note of each of your answers (number the questions 1-9 and put your answers next to them).

Once you have completed the test and noted down your answers for each one, just click on the "Check Your Answers" button (right at the bottom of this page) and you will go to a new page where you can see detailed solutions and explanations.

Good luck!

(Remember to write down all your answers before you click the "Check your answers" button just above)