Accounts Receivable/Billing Fundamentals Test

Use this short assessment to screen accounting clerk candidates for accounting knowledge, invoicing, dealing with cash and more with the Accounts Receivable/Billing Fundamentals Test.

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.

What It’s Best Used For

This test is best used during early-stage recruitment or internal talent audits to verify baseline collections literacy and invoicing competence for bookkeeping and accounting clerk candidates before investing time and money into employee training.

• Evaluating A/R Principles & Ledger Entries: It measures a candidate’s foundational knowledge of accounting fundamentals, processing rules, and the corporate general ledger.
• Vetting Cash Application & Invoicing: The test checks an applicant’s accuracy and precision when generating client invoices and applying incoming payments to outstanding accounts.
• Verifying Account Reconciliation Habits: It evaluates routine clerical habits, specifically an individual’s capability to safely balance, audit, and reconcile active customer accounts.
• Assessing Credit & Collections Knowledge: The modules track a candidate’s baseline familiarity with managing corporate cash flow, reviewing credit bounds, and resolving bad debt collections.

Built for an unproctored web environment, the platform delivers an immediate online score report to streamline high-volume talent screening, uses English formatting, and is fully legal for use in Canada.

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.

Accounts Receivable/Billing Fundamentals (U.S.) measures knowledge of the following areas of financial analysis:

• A/R Principles
• Applying Cash
• Bad Debt/Collections
• Cash Flow
• Credit
• General Ledger
• Invoicing
• Reconciliation of Customer Accounts