Practice tests · Chapter 3

Test on Chapter 3.4, Part 1

A 13-question test on chapter 3.4 “Welche Fragen das Rechnungswesen beantwortet” (pp. 64–66) of the book “Wirtschaft verstehen”, part 1 of 3.

What the test includes
Table 4 (which area of accounting answers which question), solvency (liquidity) and the financial plan, the difference between income/expenditure and receipts/payments, what to do with a surplus or a shortfall, cash flow, bookkeeping and the duty to keep it, income-and-expenditure statement (EAR) versus double-entry bookkeeping, publication of the annual accounts. Book theory only – no math and no German reading text.

The questions are based on the official book “Wirtschaft verstehen”. The scoring structure is exactly the same as in the exam.

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