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Generally Accepted Accounting Principles (GAAP) Test

Finance

This test is about 40 multiple choice questions and should take less than 40 minutes to complete

Test Contents

  • Inventory Costs
  • Impairment of Long Lived Assets
  • Capitalization of Interest Costs
  • Contingencies
  • Convertible Debt
  • Derivatives and Hedging Activities
  • Stock, Dividends and Splits
  • Earnings Per Share
  • Income Taxes
  • Discontinued Operations
  • Comprehensive Income
  • Consolidation of Financial Statements
  • Accounting Changes and Error Correction