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Certified Accounting Analyst (CAA) VIP Certification Exam

CAA — The Certified Accounting Analyst (CAA) credential is awarded by the National Association of Certified Public Bookkeepers (NACPB) and related bodies; it assesses competency in financial accounting, analysis, reporting, internal controls, and managerial decision-support across approximately 75–100 multiple-choice questions. This practice set mirrors the core competency domains at VIP difficulty.

57
Questions
90m
Time Limit
75.00%
To Pass
Question 1 of 57👑 VIP

Meridian Corp. reports the following for the fiscal year: net income of $420,000, depreciation of $85,000, an increase in accounts receivable of $32,000, a decrease in accounts payable of $18,000, and an increase in inventory of $47,000. Using the indirect method, what is Meridian's net cash provided by operating activities?

Questions 2–57 and full explanations are VIP-exclusive.