Junior Accountant Test Assessment
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- Junior Accountant
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Question
When saving reports as a file to a disk, Quickbooks does NOT permit you to select from which of the following file formats?
Answer
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PDF text file
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Spreadsheet file
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Tab delimited file
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ASCII file
Question
To record a write-off of an uncollectible accounts receivable in QuickBooks, you could use the Receive Payments window or:
Answer
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The Make Deposits Window
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Select Edit and then delete the uncollectible customer invoice
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Select Write-off icon on the Customer Navigator and remove the customer's account receivable
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Make a journal entry to remove the customer's account receivable
Question
If you disassemble the block as displayed, which piece would be the missing piece?
Answer
Test details:
Test Details: 25 Questions
Duration: 30 minutes
Test description:
Junior Accountant is an entry-level position in the accounting department.
A Junior Accountant aids in accountancy, financial analysis, operational and administrative support. This is a hands-on position responsible for accurate booking keeping.
Responsibilities:
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Primary responsibility is to assist with the preparation of financial statements and support schedules according to corporate time lines.
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Assist with the monthly close procedures.
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Prepare account reconciliations (cash, liabilities, fixed assets, payroll accruals) and supporting sub-ledgers.
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Research and resolve account reconciling items.
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Assist with documentation and testing of internal enterprise reporting system upgrades and modifications.
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Assist with preparation of audit sampling package for external & internal audits.
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Correct errors by posting adjusting journal entries.
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Secure financial information by completing database backups.
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Perform all bank reconciliations.
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Ensure that the billing and collection are adhered to and that financial data are steady.
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Support operational requirements as well as payment in an accurate timely manner for all invoices for all entities.
KEY SKILLS REQUIRED:
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STRONG ANALYTICAL SKILLS - Quantitative Aptitude, Spatial Intelligence
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STRONG WRITTEN AND ORAL COMUNNICATION SKILLS - Verbal Ability, Verbal Reasoning
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PROFICIENCY REQUIRED FOR MAC AND MICROSOFT OFFICE - Microsoft Excel Basics
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STRONG MATHEMATICAL ABILITIES - Quantitative Aptitude
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EXTREME ACCURACY
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ADVANCED KNOWLEDGE WITH QUICKBOOKS (QB) - Accounting Fundamentals, Quickbook
TEST DESCRIPTION
VERBAL ABILITY
Verbal ability is essential because grammar and vocabulary is a prerequisite for good spoken and written English.
VERBAL REASONING
Reading comprehension indicates an ability to comprehend and reason with the concepts on a written page.
QUANTITATIVE APTITUDE
Quantitative ability will indicate analytical thinking and problem-solving ability.
ABSTRACT REASONING
Abstract reasoning will indicate the ability to think clearly, identify logical patterns, learn new skills and solve complex problems. It is an indicator of fluid intelligence and shows an ability to strategize.
ACCOUNTING AND FINANCE
Accounting Fundamentals – The topics cover accounting topics such as posting entries, overhead allocation, FIFO, LIFO, Cash flows, stock valuation, adjustment entries, accounting principles etc.
MS WORD
The questions are on Keyboard shortcuts, Keyboard Combinations, Page orientations, Tables, Charts, formatting, commands.
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