This test assesses the candidate's knowledge of Accounting Terminology and is for individuals that are familiar with accounting and have worked with client data for at least a year. It is not applicable to individuals who are not familiar with the process of producing a financial statement. The topics covered are financial statement terms, payroll terms, basic accounting terms, and general ledger terms. Tests for Accounting Terminology - Advanced and Bookkeeping - Professional are also available. Total Questions 17 Question Types Multiple Choice Competencies Tested Accounting Terminology Tasks Tested Purchase OrderAccrualTermsBalance SheetDebitPayment MethodDepreciateInvoicePay StubNet ProfitTransferContractAccounts PayableAppreciateGross ProfitAuditAccounts Receivable
