TAXES – BUSINESS INCOME

This test is to measure knowledge of tax preparation professionals for business income taxes. It covers property transactions; income and deductions for individuals running a sole-proprietor business; business structures and the formation of business entities; and the...

TAXES – INDIVIDUAL INCOME

This test is to measure knowledge of tax preparation professionals for individual income tax returns. It includes knowledge of the different parts of Form 1040; determining what is considered income that must be reported; calculating tax requirements for individuals;...

QuickBooks 2010

This test contains questions on the most commonly used QuickBooks Accounting features such as analysis, banking, reports and forms, application use as well as configuration and setup.

QuickBooks 2019

This test contains questions on the most commonly used QuickBooks Accounting features such as analysis, banking, reports and forms, application use as well as configuration and setup.

Peachtree 9.0

This test contains questions on the most commonly used Peachtree Accounting features such as analysis, banking, reports and forms, application use as well as configuration and setup.

Peachtree 8.0

This test contains questions on the most commonly used Peachtree Accounting features such as analysis, banking, reports and forms, application use as well as configuration and setup.

PAYROLL MANAGEMENT CONCEPTS

This test measures general knowledge of managing an organization’s payroll and tax requirements. It covers payroll terminology, implementing payroll record keeping, the ability to perform payroll calculations, and knowledge of federal tax requirements. This test...

Data Entry – Checks

The applicant is asked to type details from a series of checks into an on-screen form. Scores are based on speed and accuracy.

Accounting – Taxes

This test contains questions on the most commonly used accounting tax skills, such as payroll form identification, tax law, Medicare and Social Security withholding, and capital gains.

Accounting – Math Skills

This test contains questions on the most commonly used accounting math skills, such as calculations requiring addition, subtraction, multiplication, division, and percentages.

Accounting – Payroll

This test contains questions on Payroll skills including preparing and filing tax forms, calculating salaries, calculating employer contributions, journal entries as well as relevant terminology.

Accounting – Financial Statements

This test contains questions on Financial Statements including calculating ratios, return on investments, net worth, profitability, gearing as well as relevant terminology.

Accounting – Terminology

This test contains questions on common skills required by an accountant, such as accounts payable, accounts receivable, depreciation, inventory, terminology, and general accounting practices.

Accounting – Bookkeeper Knowledge

This test contains questions on bookkeeping skills, such as identifying statement debits and credits, reasonable recording, journal identification, disbursements, assets and liabilities, posting, terminology, and general accounting practices.

Accounting – Accounts Receivable

This test contains questions on accounts receivable skills, such as journal entries, identifying statement debits and credits, cash receipts, terms, early payment discounts as wells as terminology and general accounting practices.

Accounting – Business Documents

This test contains questions on understanding Business Documents, such as checks, invoices, statements, shipping notes, credit notes as well as creating invoices and posting journal entries.

Accounting – Cost Accounting

This test contains questions on Cost Accounting, such as identifying Includable and Excludable expenses, deferred costs, as well as relevant terminology.

Accounting – Accountant Knowledge

This test contains questions on common skills required by an accountant, such as accounts payable, accounts receivable, depreciation, inventory, terminology, and general accounting practices.

Accounting – Accounts Payable

This test contains questions on common knowledge and skills required by someone managing accounts payable including standard accounts payable concepts, procedures and calculations.

ADP PAYROLL MANAGEMENT

This test measures knowledge of using ADP Payroll software to manage an organization’s payroll requirements. It covers use of the program, understanding of available reports and modules, ability to perform payroll calculations, and knowledge of undergoing an...