Bookkeeping - Professional Assessment

$16.00

Bookkeeping - Professional Assessment

$16.00
description

The Bookkeeping - Professional assessment measures the test taker's capabilities as a full-charge Bookkeeper. The candidate should be able to pay bills, track receivables, process payroll in full, post journal entries, and maintain a company's books and basic financial statements. Topics include Accounting Principles, Accounts Payable/Coding, Accounts Receivable/Billing, Bank Reconciliation, Depreciation, Financial Statements, Payroll Posting, Closing, and Journal Entries.

 

Number of questions 39
Competencies tested Accounting Principles
Financial Statements
Posting, Closing, Journal Entries
Accounts Payable/Coding
Payroll
Tasks tested GAAP Principles
Depreciation with Salvage Value
Payment Discrepancy
Accelerated Depreciation Method
Owner's Equity
Client Account Balances
Accounting Equation
Depreciation Calculation
Unpaid Expense
Revenue and Expense Relationship
Current Liabilities
Prepaid Expense
Current Asset Handling
Rent Payment
Erroneous Credit
Bank Fees
Book Balance
Income Statement Setup
Prior Period Adjustment
Debit vs. Credit
Bonus Accrual
Balance on Hand
Expense Accruals
Posting Depreciation
Balance Due Payment
Invoice Coding
Equipment Purchase
Computer Purchase
Invoice Terms
Temporary Service Invoice
Invoice Terms and Discounts
Accounts Payable Account Type
Vendor Report
Annual vs. Hourly Pay
Employee Tax Forms
Form 941 Filing
Overtime Pay
401K Contributions
Payroll Calculation