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Accounts Payable Fundamentals Test

Our Accounts Payable Fundamentals (U.S.) test is part of our accounting fundamentals line of tests. These shorter (30-item) tests measure the test-taker's knowledge of processing payables and vendor invoices and the posting of journal entries. Designed for accounting clerks and others who handle the processing of accounts payable, this test covers the following topics: Assets, Cash Management/Reconciliation, Controls, Expenses, Purchases, and Recording. You will need a calculator when taking this exam.



Scope of the Online Accounts Payable Fundamentals Test

Assets
Buildings
Cash
Equipment
Inventory
Petty Cash
Basics
Principles
Vocabulary
Cash Management/Reconciliation
Bank Accounts
Ledger Accounts
Scheduled Payments
Terms
Controls
Approvals
Invoices
Packing List
Purchase Orders
Vouchers
Expenses
Office
Overhead
Rents/Leases
Supplies
Travel
Utilities
Purchases
Accounts Payable
Discounts
Notes Payable
Prepaid
Returns and Allowances
Recording
Journals
Posting
Source Documents

Duration

40 minutes.

Assessment Method of Questions

Multiple choice questions

Each question has between 2 and 8 options out of which 1 or more may be correct.

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Related Professions

Office Manager, Bookkeeper, Financial Analyst

Keywords

accounts payable fundamentals assessment test, accounts payable fundamentals online assessment test