Accounts Receivable Test

Duration: 40 minutes

Questions: 40 multiple choice questions

Test Syllabus

  • Fundamentals of Accounts Receivable
  • Accounts Receivable Ratios
  • Entering Receivables
  • Recording and Accounting for Revenue
  • Preparing Credit and Collections
  • Maintaining Receivables Ledgers
  • Adjustments

Instructions

  • Each question has between 2 and 8 options; one or more may be correct.
  • There is no penalty for guessing if you don't know the answer; therefore, make sure you attempt all of the questions.
  • In order to pass, you will need to answer at least 60% of the questions correctly.
  • The clock timing your test is located at the top of the test window.
  • This test is best viewed using Internet Explorer version 5.0 or higher or Mozilla Firefox 2.0 or higher at a screen resolution of 800x600 pixels.
  • Questions will be displayed one at a time. A next button is provided at the bottom of the test page for navigating to the next question. Do not press the next button if you have not answered the question.
  • Once you have answered a question, you cannot go back and change your answer.
  • Do not use the shortcut menu options (mouse right-click) or the keyboard for navigating backwards or forwards within the test.
  • There is a 30 days waiting period between test retakes.

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