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| Accounts Payable Fundamentals
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Description:
Our Accounts Payable Fundamentals (U.S.) test is part of our accounting fundamentals line of tests. These shorter (30-item) tests measure the test-taker's knowledge of processing payables and vendor invoices and the posting of journal entries. Designed for accounting clerks and others who handle the processing of accounts payable, this test covers the following topics: Assets, Cash Management/Reconciliation, Controls, Expenses, Purchases, and Recording. You will need a calculator when taking this exam.
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- Assets
- Buildings
- Cash
- Equipment
- Inventory
- Petty Cash
- Basics
- Principles
- Vocabulary
- Cash Management/Reconciliation
- Bank Accounts
- Ledger Accounts
- Scheduled Payments
- Terms
- Controls
- Approvals
- Invoices
- Packing List
- Purchase Orders
- Vouchers
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- Expenses
- Office
- Overhead
- Rents/Leases
- Supplies
- Travel
- Utilities
- Purchases
- Accounts Payable
- Discounts
- Notes Payable
- Prepaid
- Returns and Allowances
- Recording
- Journals
- Posting
- Source Documents
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