Bookkeeping Skills Test

The bookkeeping test provides insight into a job candidate’s ability to competently perform the daily responsibilities of a bookkeeper, including balancing and maintaining ledgers, coordinating bank deposits, creating monthly statements, and processing payments. Geared toward quickly identifying a qualified individual, the bookkeeping test asks candidates to evaluate multiple-choice questions that illustrate data, ledgers, invoices, balance sheets, and other financial reports to identify the most appropriate answer. This assessment screens candidates for their ability to:

  •    Analyze numerical data and make calculations.
  •    Know when and why to credit or debit transactions.
  •   Correctly record expenses into appropriate categories and sub-categories.
  • Determine the accuracy of financial data.

element-grad-cap   ABILITIES EVALUATED

  • Ability to apply logic to analyze situations and draw accurate conclusions
  • Ability to use general rules of logic when approaching problems and identifying solutions

element-grad-cap   QUESTION FORMAT

  • Multiple Choice

element-grad-cap   LANGUAGE

  • English

element-grad-cap   DIFFICULTY

  • Easy

WHY TEST?

An attentive, organized bookkeeper understands the importance of accurately tracking and recording transactions, balancing ledgers, reconciling financial accounts, and distributing invoices in a timely manner. Properly managing a company’s budget, expenses, accounts, and payroll – combined with a sharp eye to catch inconsistencies and red flags – maximizes overall profitability and leads to successful day-to-day operations.

No matter the industry, a detail-oriented and knowledgeable bookkeeper can positively impact any team with the demonstrated ability to quickly make complex calculations, correctly allocate transactions, and ensure ledgers are debited or credited accordingly. Finding a skilled candidate who can help guarantee organizational success is one step easier with the use of this comprehensive bookkeeping assessment.

The bookkeeping assessment predicts a job candidate’s ability to:

  • Calculate a company owner’s equity based on a balance sheet that details current and noncurrent assets and liabilities.
  • Properly record new company investment amounts.
  • Evaluate vendor receipts and attribute expenses to the appropriate categories, such as repairs and maintenance, office supplies, wages, and marketing.
  • Calculate the book value of an office building, taking into consideration purchase price, renovation costs, and depreciation.
  • Prepare detailed invoices and collect payments from customers in a timely manner.

Use this bookkeeping assessment to quickly and easily automate the screening process for entry-level or experienced candidates, including bookkeepers, accounting technicians, budget managers, or any other applicable position that oversees or manages financial data and records.

EXAMPLE QUESTIONS

Sample Question #1

What is the total Bulk Discount given to the customers based on the policy below?

EverGreen Plant Nursery

  • $0
  • $600
  • $6,225
  • $1,663
  • $2,725

Sample Question #2

A company issued the invoice below for goods delivered. What does the company do to record the transaction?

1) ______ Accounts Receivable: $2,200, 2) ______ Sales Tax Payable: $200, 3) ______ Sales: $2,000
  • 1) credit, 2) debit, 3) debit
  • 1) credit, 2) credit, 3) debit
  • 1) debit, 2) credit, 3) credit
  • 1) debit, 2) debit, 3) debit
  • 1) debit, 2) credit, 3) debit

RELATED JOBS

  • Business Operations & Management
  • Finance
  • Accounting

ABOUT THE AUTHOR

The Accounting Skills: Bookkeeping module content was developed the Indeed Assessment Science Team, with expertise in Industrial/Organizational Psychology, Instructional Design, Education, and Graphic Design. In addition, team members worked in collaboration with subject matter experts (SMEs). Indeed’s SMEs are required to demonstrate experience performing at a high level, supervisory experience, or responsibility for defining requirements for those jobs that require accounting skills in bookkeeping.