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Financial Analyst Test

The financial analyst test evaluates a candidate’s ability to understand financial statements, calculate and interpret financial indicator ratios and predict future results. This pre-employment test helps recruiters identify candidates with strong accounting and compliance backgrounds.

Covered Skills:

  • Balance Sheet Reconciliations
  • Chart of Accounts (COA)
  • Endowment
  • Equipment management
  • Fiscal closing
  • Bankruptcy
  • Journals
  • Ledger closing
  • Location code
  • Organization code
  • Petty cash
  • See full list

Adaface Financial Analyst Test is trusted by enterprises worldwide

Amazon Morgan Stanley Vodafone United Nations HCL PayPal Bosch WeWork Optimum Solutions Deloitte Microsoft NCS Doubtnut Sokrati J&T Express Capegemini

Sample Financial Analyst Test Questions

These are just a small sample from our library of 10,000+ questions. The actual questions on this Financial Analyst Test will be non-googleable.

🧐 Question🔧 Skill💪 Difficulty⌛ Time
Comprehensive income
ProCoder Inc. reported the following information on Dec 31st. If we ignore income tax, what should ProCoder report as comprehensive income as of Dec 31?


  • $245,000
  • $375,000
  • $200,000
  • $365,000
  • $450,000
  • $250,000
AccountingMedium2 min
Inventory exchange transaction
Penny Inc. and Vamos Inc. exchanged inventory in a transaction without any commercial substance. Each company had fair values that exceeded costs by 25% Vamos' inventory being more valuable, Penny gave cash to Vamos for the difference. Will anyone recognize a gain, and if yes, who?


  • Only Penny
  • Only Vamos
  • Both Penny and Vamos
  • Neither Penny nor Vamos
  • Depends on the value of exchange
AccountingMedium2 min
Some friends live in adjacent apartments in a building in Central Perk, New York. We want to write a function to search the apartment number by name. Which of the following functions should we use?


  • =MATCH(B2:B9,INDEX(D3,A2:A9,0))
  • =INDEX(MATCH(D3,A2:A9,0))
  • =INDEX(B2:B9,MATCH(A2:A9,0))
  • =INDEX(B2:B9,MATCH(D3,A2:A9,0))
ExcelMedium2 min
Net cash receipt on issued bonds
Gajni Inc. issued 2000 $100 9% bonds on May 1 (year 1). These bonds are issued at 103 plus accrued interest. The bonds are dated Jan 1 (year 1) and mature on Jan 1 (year 5). Interest needs to be paid twice a year (Jan 1 and July 1). The cost of issuing the bonds, $5000 was paid by Gajni Inc. to the investment bank. What would be the net cash receipt realized by Gajni Inc. from the issuance of these bonds?


  • 207000
  • 206000
  • 200000
  • 212000
  • 211000
FinanceMedium3 min
Hedge risk using derivates
Phenomenal Pte. Ltd., a Singapore based company secured a new client in Germany for their SaaS business, and is expecting to receive a payment of EUR 1.3 million after 6 weeks. They want to be certain of the amount they receive and plan on using the derivates market to hedge the risk. What action would you recommend?


  • Buy Euro futures
  • Buy US dollar futures
  • Sell US dollar futures
  • Sell Euro futures
  • Sell Singapore dollar futures
  • Buy Singapore dollar futures
FinanceEasy2 min
VLOOKUP blood donor
We are looking to find the contact number of the only blood donor with blood group O-. Which function should we use to look up the correct contact number?
A: =VLOOKUP("O-", A1:E10, 3, TRUE)
B: =VLOOKUP("O-", A1:E10, 3, FALSE)
C: =VLOOKUP("O-", D1:D10, 4)
D: =VLOOKUP("O-", D1:D10, 3)
E: =VLOOKUP("O-", A1:E10, 4, TRUE)
F: =VLOOKUP("O-", A1:E10, 4, FALSE)
G: =VLOOKUP("Kane", A1:E10, 4)


  • A
  • B
  • C
  • D
  • E
  • F
  • G
ExcelMedium2 min

How to use the Adaface Financial Analyst Test

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1. Get a custom assessment from our library of 500+ skills within 48 hours

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About the Adaface Financial Analyst Assessment Test


Use it to verify the accuracy of the balance sheet by comparing the numbers present in General Ledger to the other forms of documentation

Balance Sheet Reconciliations

An index of all possible financial accounts in a company's General Ledger

Chart of Accounts (COA)

Donation of property or money to a non-profit to be used for specific purposes


Management, maintenance, and monitoring of motorized and non-motorized assets

Equipment management

Is the cut-off of financial activities of an organization to generate financial reports for stakeholders

Fiscal closing

If people or entities cannot repay debts to creditors, they can seek relief for some or all of their debt through this legal process


Closing of a small business's General Ledger to transfer temporary-account balances to retained earnings to reduce the balances to zero

Ledger closing
Location code
Organization code

Petty Cash is a small amount of money utilized to pay small expenses

Petty cash

It is a number that is used in IFIS to identify the function associated with a balance or transaction

Program code

Are activities that function as a non-profit business

Self Supporting Activities
Sales and use tax
Income Tax Statement
Tax-Exempt Status

Cash investment pool geared towards maximizing returns on short-term cash balances

Short Term Investment Pool (STIP)

Set of procedures, standards, and principles

Accounting Standards

Is the process of matching the balances in an organization's/individuals accounting records for a cash account to the corresponding information on their bank statement.

Bank Reconciliations
Bond Essentials

Bookkeeping is a practice of maintaining and recording all financial transactions in a business


Process of planning the expenses for a given duration of time


Is the act of ensuring a business maximizes its potential production and activities output

Capacity Management

Refers to the process of managing and collecting cash flow

Cash Management

Refers to an accounting procedure that occurs at the end of each month or a fixed time by the company

Closing the Books

Refers to the amount owed to the business by its customers

Constraint Management
Cost Accounting

Refers to a company's book value


It's a broader measure of the worth of an asset

Fair Value

Use it to evaluate budgets, projects, businesses, and finance-related transactions

Financial Analysis
Financial Ratios

The official or formal records of the financial activities of an entity

Financial Statements

Assets purchased for long-term use and are not cashed in immediately

Fixed Assets

Set of unique standards, accounting systems, and processes supporting the federal government

Governmental Accounting

The body of accounting that deals with valuing accounting for changes in the inventoried assets

Inventory Accounting

Its the process of storing, using, ordering, and selling a company's inventory

Inventory Management
Investor Relations

When two separate entities combine forces to become a joint new organization

Mergers & Acquisitions

The way with which non-profit organizations record, plan, and report their finances

Nonprofit Accounting

Something that is created any time money is owed by a firm for products or services rendered


A business process of payment for paying employees


The annual pension expense disclosure and calculation of a pension plan's liabilities and assets in a company's financial statement

Pension Accounting
Present | Future Value

Known as the act of keeping track of all the activities of a company, individual, or an organization

Record Keeping

Is a generally accepted accounting principle (GAAP) that identifies the specific conditions in which revenue is recognized and it determines how to account for it

Revenue Recognition
Risk Management
Sales and Marketing

An individual who owns the business by themselves

Sole Proprietorships
Trusts and Estates

Use it to classify balances and financial activities within the General Ledger

Account codes
Data types
Basic formulas (MATCH; INDEX)
Math formulas (SUM; MIN; AVG; SUMIFS)
Advanced formulas (IF; VLOOKUP; HLOOKUP)
Analyzing data (Pivots; Filters;)
Visualizing data (Charts; Graphs)
Pivot Charts and Tables
Lookup & Reference
Conditional formatting
Data summarization
Data manipulation
Working with dates and times
Error handling
Inserting and formatting tables
Sparklines and data bars
3-Data Consolidation
Automation with macros
3-Data Consolidation
Formula-based conditional formatting
Forms and actions

How is this Financial Analyst Test customized?



What is a custom assessment?

Every role is different and requires a custom assessment to identify top candidates efficiently. Adaface subject matter experts understand your job description/ role requirements and pick the most relevant questions from our library of 10000+ questions to create a technical assessment that helps you find the qualified candidates in your candidate pipeline quickly. All custom assessments are set up based on the job description, role requirements, must-have skills, experience level and salary range within a maximum of 48 hours and you will get an email notification once it goes live.

Check out a sample assessment here (no credit card required).

Can I combine multiple skills into one custom assessment?

Yes, absolutely. Custom assessments are set up based on your job description, and will include questions on all must-have skills you specify.

How is Adaface different from other assessment tools?

We believe that status quo tech assessment platforms are not a fair way for companies to evaluate engineers because they focus on trick questions/ puzzles/ niche algorithms. We started Adaface to help companies find great engineers by assessing on-the-job skills required for a role. Read more about why we started Adaface.

Here's what's different with Adaface:

  • High quality non-googleable questions that test for on-the-job skills as opposed to theoretical knowledge.
  • A friendly conversational assessment with a chatbot, instead of sending a "test" to a candidate. This translates to a higher completion rate. Adaface assessments (86% candidate completion rate), as opposed to traditional tests (40-50% candidate completion rate)
  • Customized assessments for 700+ skills at different experience levels.

Do you have any anti-cheating or proctoring features in place?

We have the following anti-cheating features in place:

  • Web proctoring
  • Webcam proctoring
  • Plagairism detection
  • Non-googleable questions
  • Secure browser

Read more about the proctoring features.

How do I interpret test scores?

The primary thing to keep in mind is that an assessment is an elimination tool, not a selection tool. A skills assessment is optimized to help you eliminate candidates who are not technically qualified for the role, it is not optimized to help you find the best candidate for the role. So the ideal way to use an assessment is to decide a threshold score (typically 55%, we help you benchmark) and invite all candidates who score above the threshold for the next rounds of interview.

What experience level can I use this test for?

Each Adaface assessment is customized to your job description/ ideal candidate persona (our subject matter experts will pick the right questions for your assessment from our library of 10000+ questions). This assessment can be customized for any experience level.

Does every candidate get the same questions?

Yes, it makes it much easier for you to compare candidates. Options for MCQ questions and the order of questions are randomized. We have anti-cheating/ proctoring features in place. In our enterprise plan, we also have the option to create multiple versions of the same assessment with questions of similar difficulty levels.

I'm a candidate. Can I try a practice test?

No. Unfortunately, we do not support practice tests at the moment. However, you can use our sample questions for practice.

What is the cost of using this test?

You can check out our pricing plans.

Can I get a free trial?

The platform is completely self-serve, so here's one way to proceed:

  • You can sign up for free to get a feel for how it works.
  • The free trial includes one sample assessment (Java/ JavaScript) that you will find in your dashboard when you sign up. You can use it to review the quality of questions, and the candidate experience of a conversational test on Adaface.
  • To review the quality of questions, you can also review our public questions for 50+ skills here.
  • Once you're convinced that you want to try it out with real assessments and candidates, you can pick a plan according to your requirements.

I just moved to a paid plan. How can I request a custom assessment?

Here is a quick guide on how to request a custom assessment on Adaface.

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The hiring managers felt that through the technical questions that they asked during the panel interviews, they were able to tell which candidates had better scores, and differentiated with those who did not score as well. They are highly satisfied with the quality of candidates shortlisted with the Adaface screening.

Human Resources Manager

Singapore Government

reduction in screening time

How Adaface Is Different

Adaface conversational assessments are reflective of on-the-job skills and see an 86% completion rate as compared to ~50% for traditional assessment platforms.



Theoretical questions/ puzzles

Feels like a test

One-size-fits-all assessments




Questions for on-the-job skills




With Adaface, we were able to optimise our initial screening process by upwards of 75%, freeing up precious time for both hiring managers and our talent acquisition team alike!

Brandon Lee, Head of People, Love, Bonito

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