Accounts payable is a liability for the payment to be made to the creditors and various other suppliers. Accounts payable is a business department in big-size companies handling lots of data and is responsible for timely payments. Accounts payable is an important indicator regarding the performance of the company as an increase would indicate that the company is buying more goods on credit than on cash and a decrease would indicate faster payments as compared to new purchases. The accounts Payable ratio is an important ratio that shows the rate at which payments are made to the creditors.
Testlify’s skill tests are designed by experienced SMEs (subject matter experts). We evaluate these experts based on specific metrics such as expertise, capability, and their market reputation. Prior to being published, each skill test is peer-reviewed by other experts and then calibrated based on insights derived from a significant number of test-takers who are well-versed in that skill area. Our inherent feedback systems and built-in algorithms enable our SMEs to refine our tests continually.
Want to know more about Testlify test assessments? Here are answers to the most commonly asked questions about our tests.
© 2022 Testlify All Rights Reserved