CB Certified Bookkeeper Designation (AIPB) Practice Test
Build your confidence for CB Certified Bookkeeper Designation (AIPB). Practice the concepts, understand the answers, and strengthen your knowledge one question at a time.
Try a sample questionExam overview and details
Bookkeeping certification covering adjusting entries, error correction, payroll, depreciation, inventory, and internal controls for professional bookkeepers. Administered by American Institute of Professional Bookkeepers. Key domains include Accounting Error Correction and Bank Reconciliation, Adjusting Entries and Adjusted Trial Balance, Book and Tax Depreciation and Internal Controls and Fraud Prevention.
Sample Questions
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For the Summit HVAC June workpaper, equipment with no salvage value for accelerated-book purposes costs $52,400.00 and has a 5-year life. Using double-declining-balance, what depreciation is recorded in year 2 after normal year 1 depreciation?
For the Lakeside Veterinary April close, production equipment cost $86,000.00, has estimated salvage value of $8,000.00, and is expected to produce 120000 units. This year it produced 21400 units. What depreciation should be recorded under the units-of-production method?
For the Orchard Market quarterly review, an employee submits a travel reimbursement request with dates, business purpose, receipts, and returns the unused advance within the required time. Another employee receives a flat monthly car allowance with no mileage log or substantiation. How should payroll treat the two payments?
For the Granite Builders December close, a new employer in a state with the maximum FUTA credit pays an employee $8,500.00 in 2025 wages, all within the first $7,000.00 FUTA wage base for that employee. What is the expected net FUTA expense at the common 0.6% effective rate?
For the Evergreen Imports controller packet, a sole proprietor uses a passenger car 72% for business and 28% personally. The owner asks the bookkeeper to depreciate 100% of the car for tax purposes because the business paid for it. What is the correct treatment?
Exam insights and study advice
In the real world, accurate bookkeeping is the bedrock of every healthy business. It directly impacts financial decision-making, tax compliance, cash flow management, and the ability to secure financing. The CB designation matters because it provides tangible proof that you can be trusted with these critical responsibilities. It signals to employers that you can prevent costly errors, maintain audit-ready records, and contribute directly to the financial integrity and stability of an organization. This credential translates abstract knowledge into practical, job-ready value.
What this exam covers
Use the published domain weights to plan your study. Practice results do not predict your certification exam score.