Certified Public Bookkeeper (CPB) Exam

Question 1

When you post payments, you'll be able to:

Post payment and apply to the oldest invoices. Post payments and disburse to specific invoices. Post payment to customers accounts and not disburse. All the above

Correct Answer:

All the above

Question 2

Which pull-down menu on the Bookkeeping view is used to post payments, credit memos, and debit memos?

Payments Customers Received On Account Post

Correct Answer:

Received On Account

Question 3

Which tab on the Payment Edit screen allows you to establish disbursements after you've created a payment?

AR Summary tab Create Disbursements tab Main tab None of the Above

Correct Answer:

Create Disbursements tab

Question 4

A ledger is a primary accounting book.

False True

Correct Answer:

True

Question 5

Choose the appropriate workflow for submitting a customer payment and applying it to a specific invoice.

Fetch ALL > (double click) on line item to apply > COMMITT DISBURSEMENTS button > Create Payment Create Payment > Fetch ALL > (double click) on line item to apply > COMMITT DISBURSEMENTS button Create Payment > COMMITT DISBURSEMENTS button > Fetch ALL > (double click) on line item to apply COMMITT DISBURSEMENTS button > Create Payment > Fetch ALL > (double click) on line item to apply

Correct Answer:

Create Payment > Fetch ALL > (double click) on line item to apply > COMMITT DISBURSEMENTS button

Question 1

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About this Exam

Prepare with the Certified Public Bookkeeper (CPB) Exam practice quiz. This question bank includes 97 questions covering ledger, accounting, account, journal, and balance. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Certified Public Bookkeeper (CPB) Exam

This practice set contains 97 questions from the matching question bank and focuses on ledger, accounting, account, journal, and balance. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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About this Exam

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Certified Public Bookkeeper (CPB) Exam

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