Accounts Receivable/Billing Fundamentals
The Accounts Receivable/Billing Fundamentals (U.S.) test is part of the accounting fundamentals line of tests. These shorter (30 item) tests measure the candidate's knowledge of processing receivables and invoices. Designed for accounting clerks and others who handle the processing of accounts payable.
This test covers the following topics: A/R Principles, Applying Cash, Bad Debt/Collections, Cash Flow, Credit, General Ledger, Invoicing, and Reconciliation of Customer Accounts.
The candidate will need a calculator when taking this exam.
Job Family/Title: Accounting & Finance
Average Testing Time (minutes): 23
Time Allowed (minutes): 90
Number of Sittings: One
Designed for Unproctored Environment: Yes
Maximum Number of Questions: 30
Question Format: Multiple Choice - Computer Adaptive Testing (CAT) technology dynamically adjusts the test to the level of the test taker resulting in shorter test times, increased accuracy and enhanced security.
Measures knowledge of the following areas of financial analysis:
• A/R Principles
• Applying Cash
• Bad Debt/Collections
• Cash Flow
• General Ledger
• Reconciliation of Customer Accounts
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