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Quiz

1/10
Basic Math Skills
The cost of a book is $25. If you buy 3 books, how much will you spend?
Select the answer
1 correct answer
A.
$50
B.
$60
C.
$75
D.
$100

Quiz

2/10
Core Accounting Principles
Which of the following is a fundamental principle of accounting?
Select the answer
1 correct answer
A.
Materiality
B.
Efficiency
C.
Flexibility
D.
Confidentiality

Quiz

3/10
Specific Accounting Skills
Which of the following is a specific accounting skill required in Canada?
Select the answer
1 correct answer
A.
Knowledge of Canadian GAAP
B.
Knowledge of US GAAP
C.
Knowledge of Australian GAAP
D.
Knowledge of UK GAAP

Quiz

4/10
Basic Math Skills
A company's revenue for the year is $500,000 and its expenses are $350,000. What is the company's profit?
Select the answer
1 correct answer
A.
$150,000
B.
$200,000
C.
$250,000
D.
$400,000

Quiz

5/10
Core Accounting Principles
What is the basic accounting equation?
Select the answer
1 correct answer
A.
Assets = Liabilities + Owner's Equity
B.
Revenue - Expenses = Net Income
C.
Cash Inflow - Cash Outflow = Cash Balance
D.
Debits - Credits = Trial Balance

Quiz

6/10
Specific Accounting Skills
What is the role of the Canadian Institute of Chartered Accountants (CICA) in Canada?
Select the answer
1 correct answer
A.
Setting accounting standards
B.
Conducting audits
C.
Preparing tax returns
D.
Managing payroll

Quiz

7/10
Basic Math Skills
If a department has 10 employees and each employee earns $50 per hour, how much does the department spend on employee wages in one day (assuming an 8-hour workday)?
Select the answer
1 correct answer
A.
$4,000
B.
$5,000
C.
$6,000
D.
$7,000

Quiz

8/10
Core Accounting Principles
What is the accrual basis of accounting?
Select the answer
1 correct answer
A.
Recognizing revenue when it is earned and expenses when they are incurred
B.
Recognizing revenue when cash is received and expenses when cash is paid
C.
Recognizing revenue when it is earned and expenses when cash is paid
D.
Recognizing revenue when cash is received and expenses when they are incurred

Quiz

9/10
Specific Accounting Skills
Which accounting software is commonly used in Canada?
Select the answer
1 correct answer
A.
QuickBooks
B.
Sage 50
C.
Xero
D.
FreshBooks

Quiz

10/10
Basic Math Skills
The sales tax rate in Canada is 13%. If the price of an item before tax is $100, how much will the total cost be including tax?
Select the answer
1 correct answer
A.
$100
B.
$106
C.
$113
D.
$120
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Info quiz:

  • Quiz name:Robert Half Accounting Assessment Test
  • Total number of questions:120
  • Number of questions for the test:45
  • Pass score:70%
  • Number of topics:3 Topics
Study topics:Number of questions:
  • Basic Math Skills:40 Questions
  • Core Accounting Principles:40 Questions
  • Specific Accounting Skills:40 Questions

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