Mock exam: Business documents and transactions
Questions from every module of Business documents and transactions.
20 questions, 30 minutes, no hints. Nothing is marked until you hand it in, then you see your score for each topic.
How a sitting works
- Every question is on one page, and the clock starts when you begin. You can change any answer until you hand the paper in, and it is handed in for you when the time runs out.
- Questions are drawn fresh each time, spread across every module the exam covers.
- Your result shows each topic, so you know which rooms to go back to.
- Score 70% or more to pass. Your first pass adds 100 marks.
What it covers
Business documentsThe paperwork behind every sale on credit: what each document is for, who sends it, and what goes into the books.Invoices and discountsBuild an invoice from line totals to the gross amount, take off trade, bulk and prompt payment discounts, and check a supplier's invoice before it is paid.Coding and the ledgersHow accounts, customers and suppliers are coded, which ledger each account lives in, and how batch totals catch mistakes.Sales day booksWrite up the sales day book and the sales returns day book with VAT, then post them to the general ledger and to each customer's account.Purchases day booksFrom a pile of supplier invoices to the ledgers: write up the purchases day books, post them, and record a discount for paying early.Customers and suppliersKeep track of who owes you and who you owe: read the accounts, chase what is late, agree supplier statements and plan what to pay.
Questions
Is it free?
No. It needs Premium. The free rooms of Business documents and transactions are the place to prepare.
How long is it?
20 questions in 30 minutes. The paper is handed in when the time runs out.
What is the pass mark?
70%. Your first pass adds 100 marks to your record.
Are the questions the same each time?
No. Each sitting draws new questions, spread across the 6 modules it covers.
Is it a real exam?
No. It is a practice paper on Ledger Drill, which is independent and not affiliated with AAT. Passing it is not a qualification.