How Do You Take An Accounting Skills Test?
Maybe you’ve just completed a basic accounting course, and your instructor is testing you on your grasp of fundamental concepts. Or maybe you’ve applied for a job, competition is fierce and your prospective employer wants to hire only the cream of the crop. Or perhaps after years of study, you are preparing for a certification exam. In any case, taking a test of your accounting skills can prove scary, frustrating, even maddening. To succeed, practice and prepare, then control for as many test-taking variables as possible. Review your accounting course material. Though a review sounds time-consuming and burdensome, you may have forgotten concepts, skills or details conveyed early in the course. Relative to basic accounting principles, you may wish to review account types, such as assets, liabilities, revenue and expense. In a more advanced course, you may wish to firm up your understanding of the numerous methods of calculating depreciation. If you are taking a standardized test and hav
