Purchase IOFM : APS Exam Materials and then pass exam easily
Updated: Sep 09, 2026
No. of Questions: 102 Questions & Answers with Testing Engine
Download Limit: Unlimited
The best APS pass-sure quiz torrent help you pass exam for sure
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IOFM APS Exam Overview:
| Certification Vendor: | IOFM (Institute of Finance & Management) |
|---|---|
| Exam Name: | Accredited Payables Specialist (APS) Certification Exam |
| Exam Number: | APS |
| Real Exam Qty: | 100–102 |
| Exam Duration: | 90–120 |
| Passing Score: | 70% |
| Exam Format: | Single-select / Multi-select, Multiple-choice questions |
| Related Certifications: | Accredited Payables Manager (APM) Certified Accounts Payable Professional (CAPP) |
| Available Languages: | English |
| Exam Price: | $695–$895 USD |
| Certificate Validity Period: | 3 years |
| Recommended Training: | IOFM APS Certification Program |
| Exam Registration: | IOFM Official Registration |
| Sample Questions: | IOFM APS Sample Questions |
| Exam Way: | Online proctored or onsite at authorized test centers |
| Pre Condition: | 1+ year AP experience (4-year degree), 2+ years (2-year degree), 3+ years (no degree); no mandatory prerequisite exam |
| Official Syllabus URL: | https://www.iofm.com/certification/aps |
IOFM APS Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Process Improvement & Automation | 10% | - Workflow optimization - AP automation tools and technology - Data analysis and reporting |
| Topic 2: Internal Controls & Fraud Prevention | 10% | - Segregation of duties - Fraud detection and mitigation - Audit readiness and documentation |
| Topic 3: Invoice Processing | 25% | - Matching and reconciliation - Invoice receipt and validation - Handling exceptions and discrepancies |
| Topic 4: Vendor Management | 15% | - Vendor setup and maintenance - 1099 / tax reporting requirements - Vendor communication and resolution |
| Topic 5: Payments and Disbursements | 20% | - Travel and expense management - Discounts, allowances and deductions - Payment methods and processing |
| Topic 6: Accounts Payable Fundamentals | 20% | - Regulatory compliance and ethics - Financial accounting basics for AP - Role and responsibilities of AP department |
IOFM Accredited Payables Specialist (APS) Certification Sample Questions:
Cash management refers to an organization's management of which of the following?
- A. Enterprise resource planning systems
- B. Inflow and outflow of funds
- C. Payroll disbursements
- D. Payment terms
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Which of the following techniques is NOT recommended to help protect confidential data?
- A. Save reports to a portable USB drive and give that to the requestor instead of emailing them
- B. Shred unneeded paper documents or put them in a secure disposal container
- C. When approached at your desk, turn off your monitor and turn papers face down
- D. When leaving your work area even briefly, lock your computer down
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
Which of the following is true about a recurring wire transfer?
- A. It is made to the same organization each time
- B. It must be made through CHIPS
- C. It is made at the same time each week
- D. It is made for the same amount each time
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
Which of the following statements best describes the meaning of data integrity?
- A. The data comes with a digital signature
- B. The data has been tested for accuracy
- C. The data was encrypted using an algorithm
- D. The data has not been altered
Explanation: Only visible for Pass4SureQuiz members. You can sign-up / login (it's free).
Addressing data security involves the use of:
- A. I only (Hardware)
- B. I and III only (Hardware; Human resources)
- C. I, II, and III (Hardware; Software; Human resources)
- D. I and II only (Hardware; Software)
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