Search test library by skills or roles
⌘ K

Financial Analyst Online Aptitude Test

The Financial Analyst Online Aptitude Test uses scenario-based MCQs to evaluate candidates on their aptitude for financial analysis and decision-making. The test assesses candidates' understanding of topics such as financial statement analysis, financial modeling, valuation, forecasting, risk management, and investment analysis. Candidates are evaluated on their ability to analyze financial data, evaluate financial performance, forecast future performance, and make informed investment decisions.

Get started for free
Preview questions

Screen candidates with a 50 mins test

Test duration:  50 mins
Difficulty level:  Moderate
Availability:  Ready to use
Questions:
  • 5 Accounting MCQs
  • 5 Excel MCQs
  • 5 Finance MCQs
  • 5 Critical Thinking MCQs
Covered skills:
Financial Analysis
Financial Modeling
Excel Fundamentals
Risk Management
Investment Analysis
Economic Analysis
Critical Thinking
Get started for free
Preview questions

Use Adaface tests trusted by recruitment teams globally

Adaface is used by 1500+ businesses in 80 countries.

Adaface skill assessments measure on-the-job skills of candidates, providing employers with an accurate tool for screening potential hires.

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

Use the to shortlist qualified candidates

The Financial Analyst Online Aptitude Test helps recruiters and hiring managers identify qualified candidates from a pool of resumes, and helps in taking objective hiring decisions. It reduces the administrative overhead of interviewing too many candidates and saves time by filtering out unqualified candidates at the first step of the hiring process.

The test screens for the following skills that hiring managers look for in candidates:

  • Proficient in accounting principles and practices
  • Ability to utilize Excel for financial analysis and modeling
  • Strong understanding of finance concepts and principles
  • Critical thinking skills to analyze complex financial scenarios
  • Ability to identify and manage risks in financial decision-making
  • Experience in investment analysis and evaluation
  • Knowledge of economic analysis and its impact on financial decisions
  • Ability to apply financial modeling techniques
  • Effective communication and presentation skills for financial reporting
  • Detail-oriented with a strong attention to accuracy in financial statements
  • Ability to interpret and analyze financial data
  • Problem-solving skills to address financial challenges
Get started for free
Preview questions

Screen candidates with the highest quality questions

We have a very high focus on the quality of questions that test for on-the-job skills. Every question is non-googleable and we have a very high bar for the level of subject matter experts we onboard to create these questions. We have crawlers to check if any of the questions are leaked online. If/ when a question gets leaked, we get an alert. We change the question for you & let you know.

How we design questions

These are just a small sample from our library of 15,000+ questions. The actual questions on this Financial Analyst Aptitude Test will be non-googleable.

🧐 Question

Medium

Comprehensive income
Income statement
Solve
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?
 image

Medium

Land Sale
Balance Sheet
Asset Classification
Acquisition Accounting
Solve
Here’s the balance sheet for SinkedIn Ltd as of December 31, 2022:
 image
SinkedIn Ltd acquires a smaller company for $100,000 cash. The acquisition adds $60,000 in goodwill and increases the long-term investments by $40,000. 

Here’s the new balance sheet created after these changes:
 image
Which of the following rows are erroneous rows in the balance sheet after the acquisition?

Medium

Sell off long-term investment
Balance Sheet
Dividend distributions
Equity transactions
Solve
Review the following balance Sheet for Company Sinclair as of December 31, 2023 (in thousands of dollars)
 image
 image
Suppose that Company Sinclair has a tax rate of 30%. What will be the company's new equity balance if the company sells all its long-term investments at their book value, pays off all its short-term debt, and distributes the remaining cash as a dividend to shareholders?

Medium

MATCH INDEX LOOKUP
Solve
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?
 image

Medium

Organization data
Data transformation
Solve
We have two Excel files with organization data. One file has Organization ID and Organization Name fields, whereas the second file has Organization ID, Organization Name and Country fields. We wrote a query to retrieve the data from both files. Here’s a sample of the data retrieved:
 image
We want to ensure Organization ID field is unique. Which of the following is the ideal solution that ensures Organization ID field is unique while retaining Country data?

A: Select the Organization ID and Country columns, and then click Keep Duplicates.
B: Select the Organization ID and Country columns, and then click Remove Duplicates.
C: Use Group BY function to group the rows by Organization ID. Specify output columns for Organization Name and Country using MAX operation.
D: Select Organization ID column and then click Remove Duplicates. Then specify output columns for Country using MAX operation.

Medium

Student scores
Data formatting
Solve
Here’s a sample Excel data source:
 image
Here’s the expected data format: 
 image
Which of the following is the correct way to transform the data from the query editor to achieve the result?

A: Columns to Select: Student Only
B: Columns to Select: Student and Student ID
C: Columns to Select: Primary and Secondary
D: Command to Use: Pivot Column
E: Command to Use: Reverse Rows
F: Command to Use: Unpivot Columns

Medium

VLOOKUP blood donor
Solve
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? Here's the documentation for VLOOKUP: =VLOOKUP(lookup value, range containing the lookup value, the column number in the range containing the return value, Approximate match (TRUE) or Exact match (FALSE)).
 image
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)

Medium

Earnings Per Share
Solve
Consider the following financial data for 3 companies (in millions) for the year 2022:
 image
Which company has the highest Earnings Per Share (EPS) if each company has 50 million outstanding shares?

Medium

Net cash receipt on issued bonds
Solve
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?

Medium

Return on Capital Employed
Solve
Consider the following financial data for five companies for the year 2022:
 image
Which company has the highest Return on Capital Employed (ROCE)?

Easy

Hedge risk using derivates
Solve
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?

Medium

Claims for a new drug Xylanex
Critical Thinking
Evaluating Arguments
Identifying Assumptions
Solve
A pharmaceutical company claims that their new drug, Xylanex, is highly effective in treating a specific medical condition. They provide statistical data from a clinical trial to support their claim. However, a group of scientists has raised concerns about the validity of the study design and potential bias in the data collection process. They argue that the results may be inflated and not truly representative of the drug's effectiveness.

Which of the following assumptions is necessary to support the pharmaceutical company's claim?
A: The clinical trial participants were randomly selected and representative of the target population.
B: The scientists raising concerns have a conflict of interest and are biased against the pharmaceutical company.
C: The statistical analysis of the clinical trial data was conducted by independent experts.
D: The medical condition being treated by Xylanex is widespread and affects a large number of individuals.
E: The pharmaceutical company has a proven track record of developing effective drugs for similar medical conditions.

Medium

Emma's cafe business
Solve
Emma's cafe has been operating successfully for the last 6 years. Profits have been growing every year, with this year (2020) being their best year so far. As a thank you, Emma treated her staff to a meal at a Michelin star restaurant. 
 image
Below are 3 statements about Emma, her staff and her cafe. Can you help us decide whether the 3 statements are "True", "Probably True", "Insufficient Data to Say True or False", "Probably False", or "False".

1. Emma's staff members are happy.
2. Emma's cafe did well in 2016.
3. Emma is rich.

A: True
B: False
C: Probably True
D: Probably False
E: Insufficient Data

Medium

Ivory's new startup
Solve
Statement: Ivory started a new startup. We know for a fact that almost all startups fail within the first 2 years. 
Conclusion: Ivory's startup will fail.
Does the conclusion follow from the statement?
🧐 Question🔧 Skill

Medium

Comprehensive income
Income statement

2 mins

Accounting
Solve

Medium

Land Sale
Balance Sheet
Asset Classification
Acquisition Accounting

3 mins

Accounting
Solve

Medium

Sell off long-term investment
Balance Sheet
Dividend distributions
Equity transactions

3 mins

Accounting
Solve

Medium

MATCH INDEX LOOKUP

2 mins

Excel
Solve

Medium

Organization data
Data transformation

3 mins

Excel
Solve

Medium

Student scores
Data formatting

2 mins

Excel
Solve

Medium

VLOOKUP blood donor

2 mins

Excel
Solve

Medium

Earnings Per Share

3 mins

Finance
Solve

Medium

Net cash receipt on issued bonds

3 mins

Finance
Solve

Medium

Return on Capital Employed

3 mins

Finance
Solve

Easy

Hedge risk using derivates

2 mins

Finance
Solve

Medium

Claims for a new drug Xylanex
Critical Thinking
Evaluating Arguments
Identifying Assumptions

2 mins

Critical Thinking
Solve

Medium

Emma's cafe business

2 mins

Critical Thinking
Solve

Medium

Ivory's new startup

2 mins

Critical Thinking
Solve
🧐 Question🔧 Skill💪 Difficulty⌛ Time
Comprehensive income
Income statement
Accounting
Medium2 mins
Solve
Land Sale
Balance Sheet
Asset Classification
Acquisition Accounting
Accounting
Medium3 mins
Solve
Sell off long-term investment
Balance Sheet
Dividend distributions
Equity transactions
Accounting
Medium3 mins
Solve
MATCH INDEX LOOKUP
Excel
Medium2 mins
Solve
Organization data
Data transformation
Excel
Medium3 mins
Solve
Student scores
Data formatting
Excel
Medium2 mins
Solve
VLOOKUP blood donor
Excel
Medium2 mins
Solve
Earnings Per Share
Finance
Medium3 mins
Solve
Net cash receipt on issued bonds
Finance
Medium3 mins
Solve
Return on Capital Employed
Finance
Medium3 mins
Solve
Hedge risk using derivates
Finance
Easy2 mins
Solve
Claims for a new drug Xylanex
Critical Thinking
Evaluating Arguments
Identifying Assumptions
Critical Thinking
Medium2 mins
Solve
Emma's cafe business
Critical Thinking
Medium2 mins
Solve
Ivory's new startup
Critical Thinking
Medium2 mins
Solve

Test candidates on core topics

Financial Analysis: Financial analysis is the process of assessing the financial health and performance of a company by analyzing its financial statements, ratios, and trends. This skill is measured in the test to evaluate a candidate's ability to understand and interpret financial data, identify key financial metrics, and make informed financial decisions.

Financial Modeling: Financial modeling refers to the practice of creating mathematical models and representations of a company's financial situation, including projections, forecasts, and valuations. This skill is measured in the test to assess a candidate's proficiency in building accurate and reliable financial models, which are crucial for strategic planning, decision-making, and financial analysis.

Excel Fundamentals: Excel fundamentals encompass the basic skills and knowledge required to effectively use Microsoft Excel for financial analysis and reporting. This skill is measured in the test to evaluate a candidate's ability to efficiently navigate Excel, utilize key formulas and functions, analyze data using various tools and techniques, and present findings in a clear and organized manner.

Risk Management: Risk management involves identifying, assessing, and mitigating potential risks that could impact an organization's financial performance and objectives. This skill is measured in the test to gauge a candidate's understanding of risk assessment techniques, familiarity with risk management frameworks, and ability to develop effective risk mitigation strategies.

Investment Analysis: Investment analysis entails evaluating investment opportunities to determine their potential risks and returns. This skill is measured in the test to assess a candidate's ability to analyze financial data, perform valuation models, assess investment risks, and make informed investment decisions based on financial objectives and market conditions.

Economic Analysis: Economic analysis involves examining economic data and trends to understand the overall macroeconomic environment and its impact on businesses and industries. This skill is measured in the test to evaluate a candidate's ability to interpret economic indicators, analyze economic factors that affect financial decisions, and assess the implications of economic variables on business performance.

Critical Thinking: Critical thinking refers to the ability to objectively analyze and evaluate information to form logical and well-rounded judgments or decisions. This skill is measured in the test to assess a candidate's capacity to analyze complex financial problems, think critically about various scenarios, and make sound financial recommendations based on evidence and reasoning.

Get started for free
Preview questions

Make informed decisions with actionable reports and benchmarks

View sample scorecard

Screen candidates in 3 easy steps

Pick a test from over 500+ tests

The Adaface test library features 500+ tests to enable you to test candidates on all popular skills- everything from programming languages, software frameworks, devops, logical reasoning, abstract reasoning, critical thinking, fluid intelligence, content marketing, talent acquisition, customer service, accounting, product management, sales and more.

Invite your candidates with 2-clicks

Make informed hiring decisions

Get started for free
Preview questions

Try the most advanced candidate assessment platform

ChatGPT Protection

Non-googleable Questions

Web Proctoring

IP Proctoring

Webcam Proctoring

MCQ Questions

Coding Questions

Typing Questions

Personality Questions

Custom Questions

Ready-to-use Tests

Custom Tests

Custom Branding

Bulk Invites

Public Links

ATS Integrations

Multiple Question Sets

Custom API integrations

Role-based Access

Priority Support

GDPR Compliance


Pick a plan based on your hiring needs

The most advanced candidate screening platform.
14-day free trial. No credit card required.

From
$15
per month (paid annually)
love bonito

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

Brandon
love bonito

It's very easy to share assessments with candidates and for candidates to use. We get good feedback from candidates about completing the tests. Adaface are very responsive and friendly to deal with.

Kirsty Wood, Human Resources, WillyWeather

Brandon
love bonito

We were able to close 106 positions in a record time of 45 days! Adaface enables us to conduct aptitude and psychometric assessments seamlessly. My hiring managers have never been happier with the quality of candidates shortlisted.

Amit Kataria, CHRO, Hanu

Brandon
love bonito

We evaluated several of their competitors and found Adaface to be the most compelling. Great library of questions that are designed to test for fit rather than memorization of algorithms.

Swayam Narain, CTO, Affable

Brandon

Have questions about the Financial Analyst Online Aptitude Test?

How does pricing work?

You can check out our pricing plans.

Can I customize the test?

Yes, absolutely. Custom assessments are set up within 48 hours based on your job description, and will include questions on all must-have skills you specify. Here's a quick guide on how you can request a custom test. You can also customize a test by uploading your own questions.

Can I combine multiple skills into one test?

Yes, absolutely. Custom assessments are set up based on your job description, and will include questions on all must-have skills you specify. Here's a quick guide on how you can request a custom test.

What roles can I use the for?

Here are few roles for which we recommend this test:

  • Financial Analyst
  • Investment Analyst
  • Risk Analyst
  • Business Analyst
Can I see a sample test, or do you have a free trial?

Yes!

The free trial includes one sample technical test (Java/ JavaScript) and one sample aptitude test 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 giving a test on Adaface.

You can preview any of the 500+ tests and see the sample questions to decide if it would be a good fit for your requirements.

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.

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.

customers across world
Join 1500+ companies in 80+ countries.
Try the most candidate friendly skills assessment tool today.
g2 badges
Ready to use the Adaface Financial Analyst Aptitude Test?
Ready to use the Adaface Financial Analyst Aptitude Test?
logo
40 min tests.
No trick questions.
Accurate shortlisting.
Terms Privacy Trust Guide
ada
Ada
● Online
Previous
Score: NA
Next
✖️