General Ledger Accounting skills test: Evaluate your current competency

Unlock the potential of your organization with General Ledger Accounting. Take our complimentary General Ledger Accounting 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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General Ledger Accounting Online Test Summary

General Ledger Accounting tests by Elite Learning is a scientifically designed assessment by our subject experts. This test evaluates an individual's skills and knowledge in General Ledger Accounting . Employers can use the results to evaluate candidates proficiency in General Ledger Accounting 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 General Ledger Accounting .

Topics Covered In General Ledger Accounting

General Ledger (GL) - Overview

What it Records

Effects of Blockchain

General Ledger - Meaning

Process

Examples & Control Accounts

TechnoFunc - General Ledger Process Flow

Top 8 Advantages of Ledger | Financial Accounting

What is the purpose of subsidiary ledgers? | AccountingCoach

General Ledger ‚Äì Definition

Format

Process & Example | Tally Solutions

How A P&L Statement Differs From A Balance Sheet?

Accounting Relationship: Linking the Income Statement and Balance Sheet

General Ledger Reconciliation: A Step-by-Step Guide

(IND) Calculate sales tax in a general journal

General Ledger: The Foundation of Good Accounting

General Ledger ‚Äì Questions & Answers

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Sample Questions for General Ledger Accounting are:

Q. Which of the following statements regarding the General Ledger is true?

A. It only records revenue and expense transactions.

B. It does not require any reconciliation.

C. It is a subsidiary ledger.

D. It contains all the accounts used by an organization.

Q. What is the purpose of the General Ledger control account?

A. To record transactions in subsidiary ledgers.

B. To track the balance of accounts payable.

C. To reconcile bank statements.

D. To verify the accuracy of subsidiary ledger balances.

Q. What is the purpose of the general ledger trial balance?

A. To calculate net income.

B. To identify errors in the General Ledger.

C. To reconcile bank statements.

D. To allocate expenses to different departments.

Q. Which of the following accounts would not be included in the General Ledger?

A. Accounts Payable

B. Sales Revenue

C. Cash

D. Sales Orders

Q. What is the purpose of a reversing entry in the General Ledger?

A. To correct errors in the financial statements.

B. To adjust for accrued expenses.

C. To reverse previously recorded adjusting entries.

D. To allocate expenses to different cost centers.

Top Job Roles that need General Ledger Accounting are:

Accounting Analyst

Accounting Officer

Accounting Supervisor

Assistant Controller

Assistant Finance Manager

Cost Accountant

Finance Officer

Financial Accountant

Financial Controller

General Accountant

General Ledger Accountant

Senior Accounting Specialist

Senior Accountant

Senior Finance Manager

Staff Accountant

Accounting Administrator

Accounting Assistant

Accounting Associate

Accounting Clerk

Accounting Specialist

Accounts Assistant

Accounts Payable Manager

Assistant Accountant

Finance Assistant

Chief Accountant

Account Executive

Assistant Account Manager

Accounting Manager

Become an expert in General Ledger Accounting

Did not score well? Do not worry! Elite Learning does not only heilp you with General Ledger Accounting skill assessment but also helps with bridging the gaps across the different knowledge areas. Elite Learning is a one-stop 360 upskilling solution for the workplace! Get access to the best-curated learning content for Data Analytics and become an expert.

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Top Related Skills to General Ledger Accounting are:

financial modeling

financial compliance

gst

tax preparation

valuation

accounts receivable

bookkeeping

cost accounting

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Frequently Asked Questions(FAQ)

The questions in the General Ledger Accounting online test will be multiple choice and may cover topics such as General Ledger (GL) - Overview, What it Records, Effects of Blockchain,General Ledger - Meaning, Process, Examples & Control Accounts,TechnoFunc - General Ledger Process Flow,Top 8 Advantages of Ledger | Financial Accounting,What is the purpose of subsidiary ledgers? | AccountingCoach,General Ledger ‚Äì Definition, Format, Process & Example | Tally Solutions,How A P&L Statement Differs From A Balance Sheet?,Accounting Relationship: Linking the Income Statement and Balance Sheet,General Ledger Reconciliation: A Step-by-Step Guide,(IND) Calculate sales tax in a general journal,General Ledger: The Foundation of Good Accounting,General Ledger ‚Äì Questions & Answers

You can use the 6 hrs of learning content including 24 videos available on the EliteLearning platform to prepare for the General Ledger Accounting online test.

General Ledger Accounting 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 General Ledger Accounting. 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 General Ledger Accounting.

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

Yes. You can take the General Ledger Accounting online test for free as part of the EliteLearning free plan.