Bookkeeping Fundamentals (U.S.)

The Bookkeeping Fundamentals (U.S.) Test is an online pre-employment screening assessment designed to thoroughly evaluate a candidate’s practical knowledge of daily financial tracking and transactional accounting tasks. Taking an average of 25 minutes to complete (with a maximum time limit of 90 minutes), this efficient 30-question test utilizes advanced Computer Adaptive Testing (CAT) technology, which dynamically updates question difficulty based on user responses to optimize accuracy and testing security.

About this Test

Ensure that your Accounts Receivable applicants have the skills they need by using Bookkeeping Fundamentals (U.S.) to assess knowledge of bookkeeping tasks.

The Bookkeeping Fundamentals (U.S.) test measures the candidate’s knowledge of bookkeeping tasks and functions. Designed for accounting clerks and others who handle bookkeeping tasks, this test covers the following topics: Accounts Payable, Accounts Receivable, Adjusting Entries, Business Math Conversions, Cash, Financial Statements, Fixed Assets, Inventories, Liabilities, Payroll, Recording Transactions, and Taxes. The candidate will need a calculator when taking this test.

Available in AUS, US, UK

Job Family/Title: Bookkeeper/Office Manager/Financial Analyst
Average Testing Time (minutes): 25
Time Allowed: 90
Number of Sittings: One
Designed for Remote Testing: Yes
Maximum Number of Questions: 30
Questions per Skill Level: 22 Beginning 13 Advanced
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.

What’s It Best Used For

Ideal for initial screenings or promotions for bookkeepers and related financial roles.

  • Key Coverage: Evaluates 12 financial categories including Accounts Payable/Receivable, Payroll, Taxes, and Financial Statements.
  • Structure: Features a mix of beginning and advanced items to gauge candidate skill levels.
  • Delivery: Designed for remote, single-sitting completion with instant automated reporting for employers.

(Note: Tailored to U.S. standards while remaining legal for use in Canada).

Test Topics

Accounts Payable/Receivable

  • Accruals
  • Collections
  • Interest Computations
  • Notes Receivable
  • Processing
  • Write Off of An Account

Adjusting Entries

  • Accrued Expenses
  • Accrued Revenue
  • Closing Entries
  • Prepaid Items
  • Trial Balance
  • Unearned Revenue

Business Math Conversions

  • Decimal Conversions
  • Fractions Conversions
  • Percentage Conversions

Cash

  • Bank Reconciliation
  • Control of Cash
  • Petty Cash
  • Short Term Investments

Financial Statements

  • Accrual Basis Accounting
  • Balance Sheet
  • Cash Basis Accounting
  • Cash Flow Statement
  • Income Statement
  • Statement of Shareholders Equity

Fixed Assets

  • Depreciation
  • Disposal of Assets
  • Intangible Assets

Inventories

  • Periodic Method
  • Perpetual Method
  • Valuation Methods

Liabilities

  • Contingent Liabilities
  • Current Liabilities
  • Long Term Liabilities

Payroll

  • Accruals
  • Calculating
  • Recording

Recording Transactions

  • Chart of Accounts
  • Debits and Credits
  • Journal
  • Ledger

Taxes

  • Income Taxes
  • Payroll Taxes
  • Property Taxes
  • Sales Taxes

Additional information

Appropriate For

Administration Time

Format

Scoring Options

Language

Search for Other Tests:

List Tests by Category:

Need help?

Not sure which test fits your needs? We can help you to make the right choice. Please contact us.

Not sure if this test fits your needs?

We can help you to make the right choice.