Practice · Level 200 · University of Ghana

UGBS 208 Financial Accounting: past questions

400 past and practice questions across 72 topics, free on CommonYard. Timed or untimed, 5 to 50 questions at a time.

Question counts as of

What the questions cover

  • Partnership Accounts61
  • Company Accounts60
  • Manufacturing Accounts52
  • Departmental Accounting42
  • Single Entry and Incomplete Records30
  • Correction of Errors and Suspense Account20
  • Financial Statement Analysis20
  • Non-Profit Organisations20
  • Correction of Errors4
  • Production Costs4
  • Expense Apportionment3
  • Manufacturing Profit3
  • Nonprofit Accounts3
  • Share Allotment3
  • Unrealized Profit3

Also: Activity Ratios · Company Types · Financial Analysis · IFRS · Incomplete Records · Interdepartmental Transfers · Liquidity Ratios · Manufacturing Example · Partnership Default Rules · Partnerships · Profit from Capital · Share Classes · Share Issuance · Treasury Shares · Work in Progress · Accrual Accounting · Cash Basis · Companies · Company Characteristics · Company Formation · Department Types · Departmental Income Statements · Departmental Records · Dividends · Errors of Omission · Expense Allocation · IFRS Benefits · IFRS Structure · Incomplete Records Profit Determination · Investment Ratios · Life Membership · Manufacturing Inventory · Manufacturing Overheads · Non-Profit Income and Expenditure · Nonprofit Terminology · Partner Capital · Partner Current Accounts · Partner Loan Accounts · Partner Loans · Partnership Agreement · Partnership Current Accounts · Partnership Liability · Partnership Rules · Prime Cost · Private Companies · Profit and Loss Appropriation · Profitability Ratios · Ratio Categories · Share Application Accounting · Share Applications · Shares · Solvency Ratios · Statement of Affairs · Suspense Account · Unrealized Manufacturing Profit · Vertical Analysis · Work-in-Progress Adjustment.

How to practise UGBS 208

  1. Open commonyard.app and join — with Google, Apple or your phone number. It’s free.
  2. Join a school yard: your school’s, if it has one, from MY YARDS. If there isn’t one, make one and pick School.
  3. Open Practice: tap the PRACTICE card that appears as you scroll the Yard, or open your school yard and tap Practice.
  4. Choose level 200, then UGBS 208 Financial Accounting, then the topic.
  5. Choose timed or untimed, and how many questions — anything from 5 to 50.
  6. Answer the questions, then see how you did.

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