Accounting & bookkeeping
Skills testing by 11 Recruitment
We conduct comprehensive testing to determine a candidate's accounting and bookkeeping capabilities. This covers a broad range of activities that highlight any strengths or weaknesses that may exist.
Below are examples of the types of skills testing that are conducted by 11 Recruitment talent sourcing team. Many other tests are available upon request.

Skills testing
Multiple choice sample questions
According to business rules, which of the following actions would be recorded as a debit?
- 1An amount of money deposited into an account
- 2An entry showing an expense in a record of accounts
- 3An amount of money taken out of a cash account
- 41 and 2
- 52 and 3
Which of the following best describes the function of a Balance Sheet? It is a statement of...
- 1Debits at a particular time period
- 2Credits at a particular time period
- 3Debits and credits at a particular time period
Which of the following would best describe a partnership?
- 1A legal entity independent from any of its owners
- 2An entity with two or more owners that has a separate legal status
- 3An entity with two or more owners that does not have a separate legal status
What are journal entries that bring the accounts up to date at the end of the accounting period called?
- 1Closing entries
- 2Adjusting entries
- 3Income summary entries
- 4Bank account entries
Which of the following best describes the duties of an Accounts Payable (AP) department?
- 1Recording monies owed to the company
- 2Recording of debits
- 3Recording of credits
- 41 and 2
- 52 and 3
Which of the following describes the duties of an Accounts Receivable (AR) department?
- 1Records monies owed to the company
- 2Records credits
- 3Records monies the company owes to other companies
- 41 and 2
- 52 and 3
The organisation that sets accounting standards for organisations in Australia is the...
- 1Australian Tax Office
- 2CPA, Australia
- 3Australian Securities and Investment Commission
- 4Australian Accounting Standards Board
Which of the following is the correct entry to replenish a petty cash fund?
- 1Debit petty cash; credit cash
- 2Debit cash; credit petty cash
- 3Debit various expense accounts; credit petty cash
- 4Debit various expense accounts; credit cash
Generally Accepted Accounting Principles (GAAP) are designed to...
- 1Protect the interests of management
- 2Protect the interests of investors or other stakeholders
- 3Provide the comparable worldwide accounting standards
- 4Protect the owners of private firms
Which of the following best describes an "audit"?
- 1An inventory check
- 2A checks and balances system
- 3A formal and thorough statement of goods and services
- 4As assessment of gains
- 5A formal and thorough examination of financial accounts
What is the financial ratio used to assess a company's liquidity?
- 1Debtor's turnover ratio
- 2Balance sheet ratio
- 3Current ratio
- 4Working capital ratio
A liability that has been incurred but has not been recorded in the accounts is known as an...
- 1Overpayment
- 2Asset
- 3Contingent liability
- 4Accrued liability
A petty cash fund is...
- 1Used to pay small amounts
- 2Reimbursed when the amount of money in the fund is at a predetermined minimum amount
- 3Set up by estimating the amount of cash needed over a specified period for disbursement
- 41 and 3
- 51, 2 and 3