Accounts Payable skills test: Evaluate your current competency

Unlock the potential of your organization with Accounts Payable. Take our complimentary Accounts Payable Assessment Test to gain insights into your team's strengths and areas for improvement, and start driving growth and success.

Test Duration: 30 mins |
No of questions: 40 |
Level of experience: Beginner/Intermediate/Expert

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Accounts Payable Online Test Summary

Accounts Payable tests by Elite Learning is a scientifically designed assessment by our subject experts. This test evaluates an individual's skills and knowledge in Accounts Payable . Employers can use the results to evaluate candidates proficiency in Accounts Payable and make informed hiring decisions. Additionally individuals can use their test results to identify areas where they need to improve their skills and knowledge in Accounts Payable .

Topics Covered In Accounts Payable

Introduction to accounts payable

Accounts payable invoice

Authorize invoices

vendor direct deposit

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Sample Questions for Accounts Payable are:

Q. Which of the following is NOT a common method of accounts payable fraud?

A. Ghost vendor schemes

B. Check tampering

C. Purchasing unauthorized goods

D. Cash larceny

Q. Under the accrual basis of accounting, when should accounts payable be recorded?

A. When goods or services are ordered

B. When goods or services are received

C. When the invoice is received

D. When payment is made to the supplier

Q. Which of the following is an example of a contra account to accounts payable?

A. Accounts receivable

B. Purchase returns

C. Bad debt expense

D. Prepaid expenses

Q. Which accounting principle requires that accounts payable should be recorded at their fair value?

A. Going concern principle

B. Conservatism principle

C. Historical cost principle

D. Materiality principle

Q. Which of the following documents is typically used to initiate the payment process for accounts payable?

A. Purchase order

B. Sales invoice

C. Goods receipt note

D. Purchase requisition

Top Job Roles that need Accounts Payable are:

Accounting Analyst

Accountant

Accounting Officer

Accounting Supervisor

Assistant Controller (Financial)

Assistant Finance Manager

Associate - Accounting or Auditing Firm

Entry-level Staff Accountant

Finance Associate

Finance Officer

Finance Specialist

Financial Accountant

Financial Accounting Manager

Financial Controller

Financial Manager

General Ledger Accountant

Junior Accountant

Project Accountant

Senior Accountant

Senior Financial Analyst

Senior Manager Accountant

Staff Accountant

Account Clerk

Accounting Assistant

Accounting Associate

Accounting Clerk

Accounting Specialist

Accounts Administrator

Accounts Payable (A/P) Administrator

Accounts Assistant

Accounts Payable Analyst

Accounts Payable Coordinator

Accounts Payable Clerk

Accounts Payable Manager

Accounts Payable Specialist

Accounts Payable Supervisor

Accounts Receivable Manager

Administrative / Office Manager

Assistant Accountant

Associate Accountant

Bookkeeping

Accounting

or Auditing Clerk

Finance Assistant

Office Administrator

Office Manager

Commercial Manager

Account Executive

Inside Sales

Account Executive

Assistant Account Manager

Senior Account Executive

Accounting Manager

Become an expert in Accounts Payable

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Top Related Skills to Accounts Payable are:

advanced accounting

month-end close

internal audit

accounts receivable

valuation

cost accounting

financial compliance

auditing

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Frequently Asked Questions(FAQ)

The questions in the Accounts Payable online test will be multiple choice and may cover topics such as Introduction to accounts payable,Accounts payable invoice,Authorize invoices,vendor direct deposit

You can use the 9 hrs of learning content including 43 videos available on the EliteLearning platform to prepare for the Accounts Payable online test.

Accounts Payable test on the EliteLearning platform is an online proctored assessment and requires you to complete the test without any external help.

This test evaluates an individual's skills and knowledge of Accounts Payable. It can also be useful for identifying areas that you need to improve upon, as well as for preparing for job interviews or certification exams in Accounts Payable.

Yes, these tests can be used to demonstrate your knowledge and skills in Accounts Payable for certification or job interviews. Job roles such as Accounting Analyst,Accountant,Accounting Officer,Accounting Supervisor,Assistant Controller (Financial) require Accounts Payable as a primary skill set

Yes. You can take the Accounts Payable online test for free as part of the EliteLearning free plan.