Test Name
|
Test Time
|
Description
|
Accountant Knowledge
|
25 Minutes
|
Questions on common skills required by an accountant, such as accounts payable, accounts receivable, depreciation, inventory, terminology, and general accounting practices.
|
Accounts Payable
|
25 Minutes
|
Questions on common knowledge and skills required by someone managing accounts payable including standard accounts payable concepts, procedures and calculations
|
Accounts Receivable
|
25 Minutes
|
Questions on accounts receivable skills, such as journal entries, identifying statement debits and credits, cash receipts, terms, early payment discounts, terminology and general accounting practices.
|
Advanced Accounting
|
25 Minutes
|
Questions on advanced accounting topics such as taxes, auditing, financial accounting and accounting-related legal issues.
|
Bookkeeper Knowledge
|
25 Minutes
|
Questions on bookkeeping skills such as identifying statement debits and credits, reasonable recording, journal identification, disbursements, assets and liabilities, terminology and general accounting practices.
|
Business Documents
|
25 Minutes
|
Questions on understanding Business Documents, such as checks, invoices, statements, shipping notes, credit notes as well as creating invoices and posting journal entries.
|
Cost Accounting
|
25 Minutes
|
Questions on Cost Accounting, such as identifying Includable and Excludable expenses, deferred costs, as
well as relevant terminology. |
Financial Statements
|
20 minutes
|
Questions on Financial Statements including calculating ratios, return on investments, net worth, profitability,
gearing as well as relevant terminology. |
Payroll
|
25 Minutes
|
Questions on Payroll skills including preparing and filing tax forms, calculating salaries, calculating employer contributions, journal entries as well as relevant terminology
|
Taxes
|
25 Minutes
|
Questions on the most commonly used accounting tax skills, such as payroll form identification, tax law,
Medicare and Social Security withholding, and capital gains. |