Accounts Receivable Test Preparation
Were you asked to take an accounts receivable test as part of your assessment process? JobTestPrep can help you prepare for your assessment test as well as accounts receivable interview questions. We offer both important test information and practice tests that feature question types similar to the actual test.
Accounts Receivable Test Preparation
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An accounts receivable clerk is responsible for tracking all payments that are made to/by a company. This clerk ensures that the payments and transactions made for goods and services are properly recorded. The duties and responsibilities of this position often include interaction with clients regarding past and due bills, ensuring that payments are posted accurately, updating files, and verifying data.
When an accounts receivable clerk is part of a large accounting staff, his or her responsibilities are limited. Therefore, the educational requirements may only be a high school diploma or GED. However, if it is a small accounting staff, the accounts receivable clerk may have more responsibilities, and the educational requirement may be an associate degree (in accounting or finance).
General Information about Accounts Receivable Tests
Accounts receivable assessments are used by many companies to measure applicants' skills and compatibility. The knowledge and accuracy that accounts receivable clerks need to possess are essential for a business, which is why the test focuses on both aspects.
Typically, accounting tests consist of about 40 multiple-choice questions. The purpose of such tests is to assess the level of knowledge, skills, and analytical ability a candidate possesses. Additionally, these tests are given out to ensure that candidates can see and understand the correlation between accounts receivable and allied accounts.
Accounts Receivable Test Topics
Some accounts receivable test topics are:
- Credit terms
- Accounting reporting
- Documentation
- Journalization
- Statements and presentations
- Bad debts accounting
Sample Accounts Receivable Questions
Try our free accounts receivable sample questions, or get the full PrepPack™ and start preparing today.
Visit our main accounting page for more information.
Prepare for Accounts Receivable Tests
Preparation is the key to your success. JobTestPrep's Accounts Receivable PrepPack™ is relevant only to the USA companies and will prepare you for the accounts receivable test with practice tests and detailed score reports. You can take your time using our step-by-step guide, or take a timed test to simulate the actual exam.