Accounting Abbreviations – Easy 1


  • Accounting Abbreviations - Easy 1
  • Quick Multiple Choice Quiz, Test Yourself!
  • Refresh Your Basics in Accounting.
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1. Expand WACC
Weighted Average Cost of Capital
Weighted Average Capital of Cost

Correct!

Oops!

2. Expand Balance B/F
Balance Brought Forward
Balance Brought From

Correct!

Oops!

3. What is the short form for Transaction?
TNX
TXN

Correct!

Oops!

4. Expand Balance C/F
Balance Carried Forward
Balance Came Forward

Correct!

Oops!

5. Full form of SEC is
U.S. Securities & Exchange Commission
U.S. Stocks & Exchange Commission

Correct!

Oops!

6. Expand TDS
Tax Deduction at Source
Tax Deduction from Salary

Correct!

Oops!

7. Expand T&E
Travel & Entertainment Expenses
Travel & Eating Expenses

Correct!

Oops!

8. Expand Balance B/D
Balance Brought Down
Balance Bring Down

Correct!

Oops!

9. Expand ACCA
Association Of Chartered Certified Accountants
Association Of Certified Complete Accountants

Correct!

Oops!

10. Expand Balance C/D
Balance Carried Down
Balance Came Down

Correct!

Oops!

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Accounting Abbreviations – Easy 1

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