St. Gregorys Accounting Quiz - Fitzpatrick Group

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The student with the highest score will win a $100 Rebel Sports Gift Card. Second place will receive a $30 gift card, and third place will receive a $20 gift card.*
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*If multiple entrants get the same score, the winner will be randomised from the highest score of each position.

1. How many accountants does the FBI Employ?*
- 500
- 100
- They use a automated software.
- 2000+
2. Select the answer below that represents the Fibonacci sequence*
- 11, 22, 33, 111, 222, 333, 1111, 2222, 3333
- 2, 4, 6, 12, 24, 36, 72, 144, 216
- 1, 3, 5, 7, 9, 10, 12, 14, 16
- 0, 1, 1, 2, 3, 5, 8, 13, 21
3. Is "0" an even or odd number?*
- Odd
- Even
4. What is the main purpose of financial accounting?*
- Minimise company expenses
- Keep track of company expenses
- Provide useful financial information to clients.
- Organise Financial Information
5. An accountant named Walter Diemer is known for being the inventor of _______________ in 1928.*
- Automatic Yo-Yo's
- Magic Ink Pens
- Bubblegum
- Fidget Spinners
6. Which Australian animal featured on the one cent coin?*
- Gliding Possum
- Frilled Neck Lizard
- Wallaby
- Kookaburra

7. True or False: Australia was the second country (behind Canada) to start printing money in plastic.*
- True
- False
8. Select the correct terms for each side of a coin.*
- Obverse and Reverse
- Inside and Outside
- Front and Back
- Heads and Tails
9. Who were the worlds earliest bookkeepers?*
- Chinese
- Romans
- Mesopotamians
- Egyptians
10. Many consider _______________ to be the father of accounting.*
- David Ahwel
- Sun Tzu
- Daniele De Rossi
- Luca Pacioli
11. Why do coins have ridges on their sides?*
- To protect from counterfeiting
- Makes it easier to grip
- To cover up damage to the edge of the coin
- All of the above
12. Goods and Services is taxed by ______________.*
- 7.5%
- 10%
- 5%
- 2.5%

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