Fixed Assets Assessment
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|
|Time to complete||Varies by skill|
Balance Sheet vs. Income Statement
Expenses vs. Assets
|Tasks tested||Accounts Payable
Cost of Goods Sold
Debit vs. Credit
Long Term Debt
Plants and Equipment
Short Term Investments
Write Off Journal Entry
|Supported languages||🇺🇸 English (en_US)