Investment Advisor Test
Investment advisor tests are designed to assess a candidate’s aptitude in the skills necessary to be an investment advisor.
Accounts Receivable Test
An accounts receivable specialist is a member of the finance department that helps maintain financial accounts, specifically with incoming transactions. They need to have specific skills and knowledge around finance, including invoicing and reconciling incoming payments.
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What is an accounts receivable test?
The accounts receivable test is a pre-employment assessment designed to give candidates who have applied for an accounts receivable role the opportunity to demonstrate that not only do they have the right level of skills, knowledge, and competencies, but that they can apply these in a workplace situation.
This particular test assesses candidates based on the specific skills and knowledge that is essential to success when working in accounts receivable, ensuring that the applicants have what it takes to be able to deal with day-to-day financial transactions and work directly with customers and clients to ensure that invoices are paid promptly.
Recruiters are using this test more commonly because it is simple to administer and can be shared with a large number of candidates at the same time; each candidate answers the same questions in the same environment, so the results can provide unbiased, objective data that the recruitment team can use to only select the applicants who have what it takes to be successful.
About the Accounts Receivable Test
The accounts receivable test is a straightforward assessment that is structured to ask questions based on the specific skills and knowledge that a successful accounts receivable specialist needs. These skills include excellent numeracy and understanding of financial terms and practices, as well as good communication and logical thinking.
With the accounts receivable test, recruitment teams can see exactly which candidates have the required level of skill and can apply their knowledge to real job situations - which means that they are more likely to be successful in the role if they are hired. The candidates who score highest in the test are top performers, which makes them the ones who should be taken further into the recruitment process.
Why should you use an accounts receivable test for recruiting?
An accounts receivable specialist should meet certain requirements before they are hired, and the specifics will depend on the individual circumstances of the company. Most recruiters look for a certain number of years of experience in a similar role, or qualifications like a degree in something like math or accountancy, or a qualification from the Institute of Chartered Accountants such as an Associate Chartered Accountant.
While these are good indications of knowledge, and can be easily assessed through a simple paper sift, it is difficult to ascertain the competencies and skills that make a candidate successful as an accounts receivable specialist. This is where choosing to use an accounts receivable job knowledge test will make a difference in the quality of candidates that are taken through to interview.
With the accounts receivable test, you will be able to tell which candidates are proficient and accurate at data entry and can maintain spreadsheets and other records. You will be able to see which can record and reconcile all incoming payments, create and chase invoices, and accurately update client records.
The accounts receivable test also allows the candidates to demonstrate that they have the right communication skills to be able to liaise with customers and clients, and that they can work as part of a wider finance team for the benefit of the company.
The accounts receivable test would also be suitable for use when hiring an accounts payable specialist, or for smaller businesses it might be useful if recruiters are looking for an accounts assistant who might be expected to take on a few different roles in the finance department.
Recruitment teams use the accounts receivable test early in the recruitment process because it is a useful tool to filter through a large pool of similarly qualified candidates to focus on the applicants who actually have the skills, competencies, and aptitudes, and can apply their knowledge to actual job-based scenarios.
View a sample report
Results for the Accounts Receivable Test along with other assessments the candidate takes will be compiled to produce a candidate report.
The report is automatically generated and available both online and as a downloadable pdf so they can be shared with other team members and employees alike.
How our test assesses accounts receivable skills
Candidates will need to answer a range of questions that measure industry-specific technical skills where applicable (e.g. Microsoft Excel), soft skills (e.g. accountability), aptitude (e.g. situational judgement) and relevant personality dimensions (e.g. consideration). The results present a holistic view of how well-suited each candidate is for the job at hand, using a data-driven approach.
The format varies by type of question, including multiple-choice for aptitude and technical skills, situational judgement for soft skills and agreement on a Likert scale for the personality dimensions. This approach ensures candidates are being assessed in an accurate and fair manner, and that results reflect the true underlying qualities of each candidate.
The characteristics, abilities and knowledge necessary to be an accounts receivable specialist were identified using the US Department of Labor's comprehensive O*NET database. O*NET is the leading source of occupational information that is constantly updated by collecting data from employees in specific job roles.
During the development process, test questions were rigorously analyzed to maximize reliability and validity in line with industry best practices. They were created by our team of I/O psychologists and psychometricians – who collaborated with subject-matter-experts – and field-tested with a representative sample of job applicants who have varying experience, just like you might find in a talent pool.
Each test is reviewed by a panel of individuals representing diverse backgrounds to check for any sensitivity, fairness, face validity and accessibility issues. This ensures each candidate has a fair chance of demonstrating their true level of expertise.
Our accounts receivable test is monitored to ensure it is up-to-date and optimized for performance.
Our test platform
Our platform offers an extensive library of hundreds of tests, giving you the flexibility to select and combine them in any way that suits your hiring needs. From understanding specific role requirements to assessing general cognitive abilities, our diverse library ensures you can tailor your assessment process precisely.
- Multi-format.
- Our test questions come in various formats, including multiple-choice, true and false, ranking and situational judgment, all ensuring comprehensive candidate assessment.
- Role-specific simulations.
- Experience real-world scenarios with our role-specific simulations, providing accurate insights into candidates' performance, readiness and fit for the position.
- Adaptive scoring.
- Our adaptive scoring system evaluates responses in real-time, by adjusting to the candidate's ability level, enhancing accuracy and reliability.
Curated by our
team of experts
Scientifically validated by psychometric specialists
- Our team of assessment experts is made up of I/O psychologists, psychometricians, and subject matter experts who work closely together to ensure each test is accurate and reliable.
- Our subject matter experts are rigorously vetted and typically have several years of experience working in their industries and hold advanced credentials.
Frequently asked questions
- What are the required skills to work in accounts receivable?
To work in accounts receivable, a candidate needs to have excellent mathematical skills and be proficient at data entry. They also need to be logical and analytical, with excellent communication skills to be able to work with customers, clients, and other team members to ensure invoices are paid and recorded correctly.
- What other tests can be used to assess accounts receivable skills?
Recruitment teams might want to use some other tests to really focus on certain skills; these might include numerical reasoning for the application of arithmetic skills, or error checking specifically for data entry. Communication skills tests are particularly useful if the accounts receivable specialist is likely to be dealing directly with customers or clients.
- What is the cost for Neuroworx's accounts receivable test?
Neuroworx operates on a monthly or annual subscription basis. We have several plans to suit your hiring needs, which you can check out here. Alternatively, you can get in touch with us to discuss a custom plan.
- Can I get a free trial?
Yes, simply sign up (no credit card is required) and we'll give you unlimited access for seven days. Create as many jobs and test as many candidates as you want; you won't be charged a penny.
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