Fixed Assets Assessment

  • $10.00


A Fixed Asset is a long-term, tangible asset that is not expected to be liqudated in the current or upcoming fiscal year. The Fixed Assets assessment's topics includes identifying items classification on Balance Sheets vs. Income Statements, Expenses vs. Assets, and more. The majority of questions are very straightforward for the candidate who has at least one year's experience in accounting.

Assessments for Accounting Terminology - Basic and General Accounting are also available.

Number of questions 34
Test format Multiple-Choice
Time to complete Varies by skill
Topics covered Assets
Balance Sheet vs. Income Statement
Expenses vs. Assets
Miscellaneous
Tasks tested Accounts Payable
Accounts Receivable
Buildings
Cash
Common Stock
Computers
Copyrights
Cost of Goods Sold
Debit vs. Credit
Depreciating Expense
Depreciation
Depreciation Expense
Depreciation Method
EBIT
Franchises
Furniture
Interest Expense
Inventories
Inventory
Land
Lease Payments
Long Term Debt
Mortgage Payments
Office Supplies
Phones
Plants and Equipment
Rent Payments
Revenue
Short Term Investments
Utilities
Write Off Journal Entry
Supported languages ๐Ÿ‡บ๐Ÿ‡ธ English (en_US)