Challenge your Advanced Accounting skills: Take our assessment test

Would you like to leverage Advanced Accounting to achieve impactful results in your organization? Take our free Advanced Accounting Assessment Test, and evaluate your team's proficiencies and scope for growth.

Test Duration: 30 mins |
No of questions: 40 |
Level of experience: Beginner/Intermediate/Expert

Unlock learning for you
and your organization

I agree to the terms of use

Advanced Accounting Online Test Summary

Advanced Accounting tests by Elite Learning is a scientifically designed assessment by our subject experts. This test evaluates an individual's skills and knowledge in Advanced Accounting . Employers can use the results to evaluate candidates proficiency in Advanced Accounting and make informed hiring decisions. Additionally individuals can use their test results to identify areas where they need to improve their skills and knowledge in Advanced Accounting .

Topics Covered In Advanced Accounting

Applications of Accounting Standards

Special Aspects of Company Accounts Accounting

Reorganisation of Companies

Financial Reporting of Banking

Financial Services

Take Test Now

How can Elite
Learning help you?

Actions speak louder than words. Experience Elite Learning until you are sure of its effectiveness. We empower organizations and people so that they become the best version of themselves by offering an innovative one-stop knowledge solution that allows and encourages continuous growth and transforms the individual's career path.

We provide curated content,
making learning engaging, relevant and efficient.

We help with a personalized upskilling experience. Learn what you like, the way you want.

Access tests and evaluations to reflect on the skill gaps. Know your skill gaps, and bridge them with personalized recommendations.

We help you connect with mentors to keep you aligned. Always be patient with upskilling.

Access an effective and collaborative learning platform. Bring all your learning content to one place.

Learn anywhere, anytime with Elite.
One product, one account, across all devices.

Sample Questions for Advanced Accounting are:

Q. Why Amalgamate? A) Corporatorial effectiveness B) Appreciate competition C) To acquire cash resources D) Economies of small scale operations

A. A

B. B

C. C

D. D

Q. Arrange the procedure for Amalgamation from the following in a right order? A) Approval of the shareholders’ of the constituent companies is obtained followed by approval of SEBI. B) A new company is formed and shares are issued to the shareholders’ of the transferor company. C) The transferor company is then liquidated and all the assets and liabilities are taken over by the transferee company. D) The terms of amalgamation are finalized by the board of directors of the amalgamating companies. E) A scheme of amalgamation is prepared and submitted for approval to the respective High Court.

A. A-C-E-D-B

B. B-A-D-C-E

C. C-A-B-E-D

D. D-E-A-B-C

Q. What are the following circumstance the Need for valuation of goodwill does not arises? A) In case of Amalgamation of company; B) In case of takeover of one company by another or sold of business of one company; C) In case of a company wants to write off or reduce debit balance in its profit and loss account; D) In case of a company wants to exercise controlling assets in other company;

A. A

B. B

C. C

D. D

Q. What are the following factors that are affecting the value of goodwill? A) The deliverance of company in past and expected profit in future B) Capital Employed to earn assets C) The yield from business as expected by the investors D) The immutability of existence of business concern E) Market share of products of liability F) Quality of services rendered

A. A,D

B. B,C

C. C,F

D. D,E

Q. What are the following factors that are not affecting the value of goodwill? A) The edge of concern over its competitions in the market B) Relationship between management and services C) Location of business enterprise D) Brand position and efforts taken to establish brand of the concern E) Technical innovation, modern technology, patents, etc F) Tax Exclusion G) Relationship with Government, Local Bodies

A. A,E

B. B,F

C. C,D

D. D,G

Top Job Roles that need Advanced Accounting are:

Become an expert in Advanced Accounting

Did not score well? Do not worry! Elite Learning does not only heilp you with Advanced Accounting skill assessment but also helps with bridging the gaps across the different knowledge areas. Elite Learning is a one-stop 360 upskilling solution for the workplace! Get access to the best-curated learning content for Data Analytics and become an expert.

Get Started

Top Related Skills to Advanced Accounting are:

month-end close

investment planning

valuation

gst

financial analysis

tax preparation

financial reporting

cost accounting

Elitelearning Recent Blog

Frequently Asked Questions(FAQ)

The questions in the Advanced Accounting online test will be multiple choice and may cover topics such as Applications of Accounting Standards,Special Aspects of Company Accounts Accounting,Reorganisation of Companies,Financial Reporting of Banking, Financial Services

You can use the 7 hrs of learning content including 35 videos available on the EliteLearning platform to prepare for the Advanced Accounting online test.

Advanced Accounting test on the EliteLearning platform is an online proctored assessment and requires you to complete the test without any external help.

This test evaluates an individual's skills and knowledge of Advanced Accounting. It can also be useful for identifying areas that you need to improve upon, as well as for preparing for job interviews or certification exams in Advanced Accounting.

Yes, these tests can be used to demonstrate your knowledge and skills in Advanced Accounting for certification or job interviews. Job roles such as Advanced Accounting require Advanced Accounting as a primary skill set

Yes. You can take the Advanced Accounting online test for free as part of the EliteLearning free plan.