Every business interaction is based on sales. A successful company must be able to monitor its activity and maintain good records to assess how it is progressing and developing.
Candidates’ abilities in managing accounts receivable, recording transactions, finding missing information, and reconciling accounts receivables are evaluated during the accounts receivable test.
This test consists of realistic, situation-based questions that ask candidates to solve problems that often occur when accounts receivable are handled, such as keeping records and passing them on to the correct books, recording transactions to trial balances and final accounts, and recognizing relevant papers affecting accounts receivable.
Candidates who score well on this exam have a solid understanding of accounting and can handle accounts receivable efficiently and correctly.
- Managing accounts receivable
- Recording transactions
- Finding missing information
- Reconciling accounts receivable
- Accounts receivable specialists
- Accounts receivable managers
The test is created by a subject-matter expert
Testlify’s tests are created by subject matter experts. We assess potential subject-matter experts based on their knowledge, ability, and reputation. Before being published, each test is peer-reviewed by another expert, then calibrated using hundreds of test-takers with relevant experience in the subject. Our feedback mechanisms and unique algorithms allow our subject-matter experts to constantly improve their tests.
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