Accounting Trivia
Crunch scandalous numbers and debits with a wink—prove you’re more than just bean-counting boredom.
EXAMPLE QUESTIONS
Of a company’s three main financial statements, which one summarizes its revenues and expenses to show profit or loss over a period?
Income statement
Which president nominated then–Goldman Sachs CEO Henry Paulson as U.S. Treasury Secretary in 2006?
George W. Bush
What term describes dividing an investment portfolio among stocks, bonds, cash, and other assets?
Asset allocation
Which investment bank's $639 billion bankruptcy filing in September 2008 became the largest in U.S. history at the time?
Lehman Brothers
Which tax mechanism provides a dollar-for-dollar reduction in your tax bill instead of just lowering your taxable income?
Tax credit