Service Availability Warning: Scheduled Site Maintenance: Upwork will be down for a regularly scheduled maintenance on July 28, beginning at 01:00 UTC for about 60 minutes. You can continue to bill time to any contract in the Team App if you are logged in prior to the start of maintenance. Thanks for your patience.
Back to all tests

Generally Accepted Accounting Principles (GAAP) Test

Finance

This test is about 40 multiple choice questions and should take less than 40 minutes to complete

Test Contents

  • Inventory Costs
  • Impairment of Long Lived Assets
  • Capitalization of Interest Costs
  • Contingencies
  • Convertible Debt
  • Derivatives and Hedging Activities
  • Stock, Dividends and Splits
  • Earnings Per Share
  • Income Taxes
  • Discontinued Operations
  • Comprehensive Income
  • Consolidation of Financial Statements
  • Accounting Changes and Error Correction