General Ledger Knowledge Assessment

$27.37

General Ledger Knowledge Assessment

$27.37
Skills Assessment
description

The General Ledger Knowledge test seeks to determine the knowledge level of a candidate seeking employment in the field of accounting. The questions on this test range in difficulty from basic, which a candidate with as little as one year's experience should be able to answer, to questions which are more challenging and will probably only be answered correctly by those candidates with more experience or those who are seeking professional qualifications in accounting. The balance between basic, intermediate and advanced level questions provides an adequate reflection of a candidate's knowledge base. The test is designed to be relevant to candidates who have worked with either manual or computerized systems, as well as a combination of the two.

Tests for Bookkeeping - Professional, Financial Math and Payroll Clerk are also available.

 

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How does it work?
Total Questions 36
Question Types Multiple Choice
Competencies Tested General Ledger Knowledge
Accounting
Setting Up
Trial Balance
Journal Entries
Ledger Entries
Tasks Tested Preparation of Financial Statements
Posting to the General Ledger
Automatic Posting to the General Ledger
Sub-ledgers within the General Ledger
Parts of an Audit Trail
Function of the General Ledger
Accounting for Debtors Provisions
General Ledger Journals Output Report
Audit Trail
Input for the General Ledger
Writing Off an Uncollectible Account
Accounting for Equipment Costs in the General Ledger
Inputs for the General Ledger
Accounts in the General Ledger
Postings to the General Ledger Control Account
Accounts Payable Ledger
Processing within the General Ledger
Accounting for Depreciation in the General Ledger
Balance Sheet and Income Accounts
Definition of a General Ledger
Format of the General Ledger
Opening Balance for a General Ledger Account
Journal Entries to Set Up the General Ledger
Preparation of a Trial Balance
General Ledger and the Trial Balance
Purpose of the Trial Balance
Correcting Entries
Definition of the General Journal
Journal Entries to Correct Errors
Adjusting Journal Entries
Adjusting Ledger Entries to Accounts - Trial Balance Difference
Recording Transactions
Entries to Correct Errors in Posting
Recording a Transaction