PracticeStudy GuidesBlogFlashcardsEspañol
All Practice Exams

200+ Free CB Bookkeeper Practice Questions

Pass your CB Certified Bookkeeper (AIPB) exam on the first try — instant access, no signup required.

✓ No registration✓ No credit card✓ No hidden fees✓ Start practicing immediately
200+ Questions
100% Free

Loading practice questions...

2026 Statistics

Key Facts: CB Bookkeeper Exam

4 parts

Official exam structure

AIPB handbook

75% / 70%

Passing thresholds

Prometric parts / workbook finals

2 yrs

Experience requirement

or 3,000 part-time/freelance hours

$225-$260

Minimum direct exam path

before optional workbooks/course

3 years

Finish-all-parts window

AIPB handbook

60 CPECs

Renewal every 3 years

AIPB continuing education requirement

AIPB publicly describes the CB as a four-part multiple-choice certification path rather than a single weighted exam. Parts 1 and 2 are taken at Prometric in separate 2-hour sessions, while Parts 3 and 4 are open-book finals in the Inventory and Internal Controls workbooks. Passing thresholds are 75% for the Prometric parts and 70% for the workbook finals. AIPB does not publicly publish fixed item counts or official percentage domain weightings in the current designation handbook.

About the CB Bookkeeper Exam

The CB Certified Bookkeeper credential is AIPB's national certification for experienced bookkeepers. The four-part exam covers adjusting entries, error correction and bank reconciliation, payroll, depreciation, inventory, and internal controls/fraud prevention.

Assessment

4 parts: Part 1 Adjustments/Error Correction (Prometric, 2 hours), Part 2 Payroll/Depreciation (Prometric, 2 hours), Part 3 Inventory workbook final (untimed), Part 4 Internal Controls/Fraud Prevention workbook final (untimed)

Time Limit

2 hours each for Parts 1-2; Parts 3-4 untimed

Passing Score

75% on Parts 1-2; 70% on Parts 3-4

Exam Fee

$25 member / $60 nonmember registration + $100 each for Parts 1 and 2 (American Institute of Professional Bookkeepers (AIPB) / Prometric)

CB Bookkeeper Exam Content Outline

Part 1 / Test 1

Adjusting Entries

Accrual vs cash basis, accrued revenue and expenses, unearned revenue, prepaid expenses, adjusted trial balance, and month-end financial statement preparation.

Part 1 / Test 2

Error Correction and Bank Reconciliation

Finding bookkeeping errors, using the trial balance, reconciling bank accounts, and correcting current-period accrual and deferral mistakes.

Part 2 / Test 1

Payroll

Worker classification, wage-and-hour basics, payroll withholding, deposits, forms W-4/941/940/W-2/W-3, and payroll journal entries.

Part 2 / Test 2

Depreciation

Book vs tax depreciation, straight-line and accelerated GAAP methods, units of production, MACRS basics, and vehicle depreciation issues.

Part 3

Inventory

Perpetual vs periodic systems, FIFO/LIFO/weighted-average costing, shrinkage, and lower of cost or net realizable value.

Part 4

Internal Controls and Fraud Prevention

Segregation of duties, noncash asset theft, check and credit-card fraud, vendor scams, and computer/internet fraud controls.

How to Pass the CB Bookkeeper Exam

What You Need to Know

  • Passing score: 75% on Parts 1-2; 70% on Parts 3-4
  • Assessment: 4 parts: Part 1 Adjustments/Error Correction (Prometric, 2 hours), Part 2 Payroll/Depreciation (Prometric, 2 hours), Part 3 Inventory workbook final (untimed), Part 4 Internal Controls/Fraud Prevention workbook final (untimed)
  • Time limit: 2 hours each for Parts 1-2; Parts 3-4 untimed
  • Exam fee: $25 member / $60 nonmember registration + $100 each for Parts 1 and 2

Keys to Passing

  • Complete 500+ practice questions
  • Score 80%+ consistently before scheduling
  • Focus on highest-weighted sections
  • Use our AI tutor for tough concepts

CB Bookkeeper Study Tips from Top Performers

1Master the mechanics of accruals, deferrals, and adjusted-trial-balance flow before trying to memorize edge cases.
2Treat bank reconciliation and error correction as one workflow: identify what belongs on the bank side, what belongs on the book side, and what needs a journal entry.
3For payroll, know both the compliance forms and the journal-entry flow from gross wages to net pay and employer payroll taxes.
4Work depreciation problems with a consistent setup: basis, salvage, useful life or activity base, method, then current-period amount.
5Practice inventory methods side by side so you can explain why FIFO, LIFO, weighted average, and moving average produce different answers.
6On controls questions, ask which duty should be separated, who should independently review the process, and how fraud would be prevented or detected.

Frequently Asked Questions

How is the AIPB CB exam structured?

AIPB describes the credential as a four-part exam. Parts 1 and 2 are taken at Prometric in 2-hour sessions and are split into two tests each: Adjusting Entries + Error Correction/Bank Reconciliation, then Payroll + Depreciation. Parts 3 and 4 are untimed open-book finals included in the Mastering Inventory and Mastering Internal Controls and Fraud Prevention workbooks.

How many questions are on the CB Bookkeeper exam?

The current AIPB designation handbook describes the CB as a four-part multiple-choice exam but does not publish a fixed public item count for each part. What AIPB does publish is the structure, passing thresholds, and time limits: 2 hours for each Prometric part and no time limit for the two workbook finals.

What score do I need to pass the AIPB CB exam?

AIPB lists a 75% passing grade for Part 1 and Part 2 at Prometric. The Inventory and Internal Controls/Fraud Prevention workbook finals require 70%. You must also complete the experience requirement and sign the code of ethics to earn the designation.

How much does the AIPB CB certification cost?

AIPB lists a nonrefundable registration fee of $25 for members or $60 for nonmembers, plus $100 each for the two Prometric parts. That means the minimum direct registration-and-testing path starts at $225 for members or $260 for nonmembers before workbooks or optional prep programs.

What experience do I need to become a Certified Bookkeeper?

AIPB requires proof of at least 2 years of full-time bookkeeping experience or 3,000 hours of part-time or freelance equivalent. The handbook says you have 3 years from the date you pass the exam to fulfill that experience requirement if you have not already met it.

What changed for CB Bookkeeper candidates in 2026?

I did not find an official AIPB notice announcing a 2026 blueprint or structure redesign for the CB designation. The main 2026 changes relevant to current bookkeeping study are external regulatory updates in payroll and depreciation, such as the IRS 2026 business mileage rate of 72.5 cents per mile, SSA's 2026 Social Security wage base of $184,500, and the post-January 19, 2025 permanent 100% federal bonus-depreciation rule reflected in 2026 IRS guidance.

How should I study for the CB exam?

Study by skill area instead of trying to memorize isolated entries. Build confidence with end-of-period adjustments first, then bank reconciliations and payroll workflows, then drill depreciation and inventory calculations, and finally finish with internal-control scenarios and fraud red flags. The most effective practice mixes calculations with explanation review, because the CB exam tests applied bookkeeping judgment.