November 6, 2024
Educational

History of Accounting

Debits. Credits. It’s time to tally up your accounting know-how in this 10-question quiz! From abacus to algorithm, the accounting profession has seen a lot of changes over the centuries. Can you follow the financial footprints of accounting’s historic journey? And get a perfect score? Only a true ledger legend would know.

1 / 10

The term “auditor” originates from which language?

2 / 10

Which act was passed in response to corporate scandals like Enron and WorldCom?

3 / 10

What was the primary purpose of accounting in ancient Egypt?

4 / 10

True or False: The term "accountant" derives from the French word "compter," which means "to count."

5 / 10

The first professional accounting body, the Institute of Chartered Accountants, was established in ___________.

6 / 10

Who is often referred to as the "Father of Accounting"?

7 / 10

Double-entry bookkeeping originated in which country?

8 / 10

Which ancient civilization is known for using clay tablets to record transactions?

9 / 10

The ___________ was a famous document from the Middle Ages that recorded property and land holdings in England.

10 / 10

True or False: The Roman Empire used a single-entry bookkeeping system. 

Your score is

The average score is 55%

0%

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