Wednesday, December 17, 2014

New Personnel Test Sample Questions for all Accounting Jobs in 2014-15

Free Personnel Test Sample Questions for all Accounting Jobs


After the success of my blogs on Wonderlic Free Personnel Test Sample Questions and Administrative Jobs Practice Sample question, I will create this blog for practice tests in accounting jobs.

 

Accounting - Multiple Choice Tests


Free Personnel Test Sample Questions are aimed at levels 1 and 2.

 

Level 1 - Basic Awareness


Description of Test:

A multiple choice test that measures proficiency level 1, containing 33 questions where you choose the correct answer from among 4 choices.

Time limit for test: 40 minutes

New Personnel Test Sample Questions for all Accounting Jobs in 2014-15

What is measured?


Accounting principles, techniques and/or practices, including: the purpose and interrelationship of financial statements (i.e., balance sheet, income statement), general ledger, journal entries, and CICA Handbook

Pass Mark: You must score 17 or greater to attain level 1 proficiency.


Level 2 - Basic capability


Description of Test:

A multiple choice test that measures proficiency level 2, containing 33 questions where you choose the correct answer from among 4 choices.

Time limit for test: 40 minutes

What is Measured: Accounting principles, techniques and/or practices, including: financial statements, journal entries

GAAP, Books of Account, and Organizations

Pass Mark: You must score 18 or greater to attain level 2 proficiency.



Sample Test Questions:

Accounting Multiple-choice test

Practice questions have been provided for the technical competency accounting. Try the test. Answers are provided in the end.


New Personnel Test Sample Questions for all Accounting Jobs in 2014-15
Level 1

Question 1

All of the following items are considered part of the owner's equity, EXCEPT:

a. capital

b. drawings

c. net income

d. dividends

Question 2

The purpose of a balance sheet is to:

a.show the financial position of the business on a particular date

b.show the net income for a particular period

c.show the fair market value of the business on a particular date

d.summarize all accounting transactions for the year


New Personnel Test Sample Questions for all Accounting Jobs in 2014-15
Question 3

Chris, the owner of a french fry proprietorship, obtains a loan from the bank for a down payment on a cottage. How should this be reflected on the financial statements of Chris's French Fries?

a. asset

b. liability

c. asset and liability

d. none of the above

Question 4

The correct sequence of presentation of items on the income statement is:

a. revenue, expenses, extraordinary items

B .expenses, revenue, extraordinary items

c extraordinary items, revenue, expenses

d .extraordinary items, expenses, revenue

Question 5

Net income equals:

a. assets - liabilities

b. liabilities - owner's equity

c. revenue + expenses

d. revenue - expenses

Question 6

Financial statements are used by:

a.creditors

b.tax authorities

c.investors

d.all of the above

Question 7.

The posting reference in the ledger tells:

a.the page of the ledger that the account is on

b.the date of the transaction

c.whether it is a debit or a credit entry

d.the page of the journal where the entry can be found



Answer

1.d

2.a

3.d

4.a

5.d

6.d

7.d





Free Test Sample Questions for all Accounting Jobs in 2012

After the success of my blogs on Wonderlic Free Personnel Test Sample Questions and Administrative Jobs Practice Sample question, I want ot create this blog for readers to do good in Accounting exams. In this blog you will find some more Free Personnel Test Sample Questions for all Accounting Jobs in 2012.

Before I give you some samples let us see some tips on Preparing for the Test

Before taking the test

•For the accounting tests, it may be helpful to review the applicable principles, practices, techniques and procedures. For example, review any introductory text book on accounting.

•Practice taking tests, under timed conditions, to become more accustomed to time pressures.

The day of the test

•If you do not feel well on the day of the test and feel that this will impact on your test results, consider taking the test on an alternative date. You have to contact the Test coordinator to inform him/her of your decision.

•Determine the exact location, date and time of the test. The onus is on you to know these details.

•Arrive in plenty of time so that you do not feel rushed or overly stressed. You will not be admitted to the testing room once the testing session is in progress.

•If you have a disability that could affect your tests results, there may be alternative forms of the test or administrative aids to assist you. Please identify your concern to the Test coordinator, in advance of the tests session, so that arrangements can be made.

When taking a multiple choice test

•Read the instructions thoroughly and completely before you begin.

•Calculate how many questions you need to complete within the time limit and pace yourself accordingly to finish the test on time.

•Read each question thoroughly. Make sure you understand the question before answering.

•Try to determine an answer before you look at the choices, but make sure you read all of the choices before identifying a final answer. If you are not sure of the answer, eliminate those that do not apply first. From the remaining answers, make your choice. If you are uncertain, take your best guess. There is no penalty for incorrect answers.

•Make sure you fill in the correct choice on your answer sheet. There will be four possible choices for each question. Only fill one choice on your answer sheet. If you fill in more than one choice, the question will be scored as a wrong answer.

•Work quickly and do not spend too much time on one question. If you are uncertain after reviewing the answers, move to the next question. When you have finished, return to the questions you skipped.

•Ensure that the number on the answer sheet corresponds to the number of the question to which you are answering.

•Review your work if you have finished the exercise before the time limit. This is time well spent.

•Answer all the questions. There is no penalty for incorrect answers. If you are not finished and the test time is almost up, use what is left of it to quickly complete the answer sheet, even if you do not read all the questions.



Level 2- Free Personnel Test Sample Questions

Practice questions have been provided for the technical competency accounting

8. Question

An error in determining year-end inventory will cause a misstatement of:

a. cost of goods sold

b. gross profit

c. net income

d. all of the above

9. Question

ABCD Appliance Repair completed repairs of $150 on a customer's dishwasher on June 28th. Invoice and payment are both made on July 7th. As of June 30th, the $150 is:

a. a prepaid expense

b. an accrued revenue

c. unearned revenue

d. an accrued expense

10. Question

On December 1st, fees earned were credited for $24,000, representing six months of revenue for the period December 1st to May 31st. On December 31st, the company should:

a. credit fees earned for $20,000

b. debit unearned fees for $20,000

c. debit fees earned for $20,000

d. credit unearned fees for $4,000

11. Question

In 1999, an equipment owner sold a front end loader for $75,000, with a book value of $100,000 and accumulated depreciation of $70,000. What is the accounting gain/loss on the sale of the loader?

a. ($25,000)

b. $30,000

c. $75,000

d. $45,000

12. Question

What is the next number in the sequence? 8, 12, 16, 20, ___

13. Question

7.95 ÷ 1.5

a.2.4, b. 5.3, c. 6.2, d. 7.3, e. 7.5



14. Question

. -42 + 7 equal to:

a. -35, b. 35, c. -36, d. 36, e. 37

15. Question

What is the absolute value of -7?

-7, b. 7, c. 0, d. -1, e. 1



Answer key


8. d

9. b

10. c

11. d

12. 24

13. b

14. a

15.b

Wednesday, December 10, 2014

Free Administrative Jobs Practice Sample Questions with answers

New, Free and Printable IQ Sample Questions

This test measures the ability to perform Administrative Jobs as well as speed and accuracy of applicants. Sample questions and answers for each part are provided in the end. If you want to pass make sure you practice on these questions to understand the instructions and the method in which the answers were obtained.

 

How to do well in administrative exam


Don't be nervous. That will make you incapable of doing your absolute best. The best way to relax before a big test is to take a deep breath and believe in your-self. Study, but don't cram the night before. Eat a good breakfast and get plenty of sleep the night before. DONT STRESS!

Free Administrative Jobs Practice Sample Questions with answers 

 

Part 1 Arithmetic


Indicate which of the five answer choices you think is correct.

Q 1

Add: 49 + 26 + 35 + 17 =



The answer is:

1.110

2.127

3.77

4.97

5. None of the above



Q 2

Subtract: 8876 - 5431 =

The answer is:

1.4995

2.3445

3.6125

4.8837

5. None of the above


Free Administrative Jobs Practice Sample Questions with answers
Q3

Multiply: 60 x 4 =

The answer is:

1.240

2.140

3.82

4.90

5. None of the above



Q 4

Divide: 258 by 6 =

The answer is:

1.43

2.87

3.97

4.94

5. None of the above

Q5

60% of 200

The answer is:

1.120

2.130

3.140

4.160

5. None of the above

Free Administrative Jobs Practice Sample Questions with answers

 

Part 2 Identical numbers


For each question, you must compare the two numbers of the pair and determine if they are exactly the SAME or if they are DIFFERENT.

Indicate which of the five choices below you think is correct:

(1) One pair has identical numbers

(2) Two pairs have identical numbers

(3) Three pairs have identical numbers

(4) Four pairs have identical numbers

(5) Five pairs have identical numbers

Q 6

2423143 - 2432143

6928104 - 6928104

5431451 - 5431451

2641542 - 2641452

5946381 – 5946381

Q 7

6341023 - 6310243

5594552 - 5594552

6310932 - 6301932

4468284 - 4468284

5594102 - 5549102



Q 8





2931401 - 2931401

3411202 - 3412202

6413424 - 6413424

6023142 - 6023142

4219876 - 4219876

Q 9

3412131 - 3412131

6411234 - 6412234

8124954 - 8124954

3214564 - 3124564

8211345 – 8211435

Q 10

7664112 - 7674112

9899912 - 9898912

7213495 - 7213495

6211341 - 6211314

8291764 – 8297164



Math Reasoning




Each question contains a row of six numbers. For each question, choose the number from among the first five numbers that does not belong with the others. Please note the sixth number is always correct. Indicate which of the following choices you think is correct:



1. The first number in the row is the one that does not belong with the others.

2. The second number in the row is the one that does not belong with the others.

3. The third number in the row is the one that does not belong with the others.

4. The fourth number in the row is the one that does not belong with the others.

5. The fifth number in the row is the one that does not belong with the others.



e.g



A. 3 4 5 8 7 8



In the above example, the fourth number, the 8 does not belong with the others, since in sequential order the numbers should read 3, 4, 5, 6, 7, 8. Therefore, you would darken circle number 4 on your answer sheet.



Q 11 2 4 7 10 16 22



Q 12 5 20 25 30 35 40



Q 13 4 8 12 16 22 24



Q 14 20 60 80 24 11 18



Q 15. 3 6 10 12 15 18



Part 2 .Simple Math



Q 1 6 Look at the row of numbers below. What number should come next?



24, 21, 18, 15, 12,





Q 17



The 8th month of the year is



1. October

2. August

3. June

4. September

5. May



Q 18



Pencil sells for 19 cents. What will 3 pencils cost?





Q 19



Choose the answer that most nearly means the same as the underlined word.



An inaccuracy is a



a. mistake



b. type of medicine



c. prison



d. chance happening



Q 20



18 x 0 x 15



a 30, b. 11, c. 25, d. 0, e. 27



New and Free Administrative Jobs Practice Sample Questions part2- (Written 1-100)


Part 3 Number checking



Each question consists of a pair of numbers. For each question, compare the two numbers of the pair and determine if they are exactly the SAME or if they are DIFFERENT. Indicate which of the two choices below you think is correct:



1. The two numbers are the SAME

2. The two numbers are DIFFERENT

Q 21

79822 - 79822

Q 22

84323 - 83423

Q 23

79812 - 78912

Q 24

20311 - 20311

Q25

51065 - 50165



Part 4-Name and Number checking

Each question consists of the name, the city of residence and the monthly salary. This information appears in two lists: the ORIGINAL LIST and the LIST TO BE CHECKED. In both lists, the information for each person is given under three headings as shown in the examples below:

ORIGINAL LIST

Name City of Residence Monthly Salary

Q26

Mr. L. Suade Ottawa, ON. $4,398.66

Q 27

Mrs. S. Lalonde Trois-Rivières, QC. $5,987.65

Q28

Mlle A. Sabourin Sudbury, ON $9,876.44

Q2 9

Ms. O. Brown Vancouver, B.C. $3,496.22

Q 30

Mr. Jack Brennan Winnipeg, MB. $4,876.44

Count the number of errors and choose the correct answer from among the following five choices:

1. There is one error in the LIST TO BE CHECKED

2. There are two errors in the LIST TO BE CHECKED

3. There are three errors in the LIST TO BE CHECKED

4. There are four errors in the LIST TO BE CHECKED

5. There are five errors in the LIST TO BE CHECKED

Answers Key


1. (2)



2. (2)



3. (1)



4. (1)



5. (1)



6. (3)



7. (2)



8. (4)



9. (2)



10. (1)



11. (4) 10 should be a 11.



12. (1) the 5 should be a 15.



13. (5) the 22 should be a 20.



14. (5) All numbers except the fifth number, the 11, can be divided evenly by two.



15. (3) the 10 should be a 9.



16 9



17 2



18 57



19 a



20 d



21. (1)





22. (2)





23. (2)





24. (1)





25. (2)





26 In question, there are five errors:



1."Suade" has been changed to "Suaide", therefore the word is wrong.

2." Ottawa,” has been changed to “Ottawwa, ", therefore this word is also wrong.

3. The "3" in "$4,398.66" has been changed to a "9", therefore the digit is wrong.

4. The first "6" in "4,398.66" has been changed to a "7", therefore this digit is also wrong.

5. The second "6" in "4,398.66" has been changed to a "7", therefore this digit is also wrong.

Because there are five errors, the correct answer is choice number 5.



27. (4)





28. (3)





29. (1)





30. (4)

New and Printable TOEFL test Sample Questions (Other Eng. Exams)

Free and New TOEFL test Sample Questions for 2015-16 This is 10th part of Free TOEFL test Sample Practice Questions for 2013. In this ...