Search test library by skills or roles
⌘ K

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.

Get started for free
Preview questions

Screen candidates with a 35 mins test

Test duration:  35 mins
Difficulty level:  Moderate
Availability:  Ready to use
Questions:
  • 10 Accounting MCQs
  • 5 Excel MCQs
  • 5 Finance MCQs
Covered skills:
Accounting Principles
Bookkeeping fundamentals
Expertise with Excel
Financial Statements
Budgeting and Forecasting
Financial Ratios
Investment Analysis
Risk Management
Cost of Capital
Capital Budgeting
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 Financial Analyst Assessment Test to shortlist qualified candidates

The Financial Analyst 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:

  • Proficiency in accounting principles
  • Strong grasp of bookkeeping fundamentals
  • Expertise in using Excel for financial analysis
  • Ability to analyze and interpret financial statements
  • Experience in budgeting and forecasting
  • Knowledge of financial ratios and their significance
  • Understanding of investment analysis techniques
  • Familiarity with risk management strategies
  • Understanding of cost of capital calculations
  • Ability to perform capital budgeting evaluations
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 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

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

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)
🧐 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

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

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
🧐 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
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
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

Test candidates on core Financial Analyst Hiring Test topics

Accounting Principles: Accounting Principles refer to the fundamental concepts and guidelines that govern the practice of financial accounting. These principles provide standardization and consistency in recording, reporting, and analyzing financial data, ensuring accuracy and reliability in financial statements.

Bookkeeping Fundamentals: Bookkeeping Fundamentals encompass the basic principles and techniques used to record financial transactions accurately and systematically. It involves tasks such as maintaining ledgers, reconciling accounts, and preparing financial statements, providing a solid foundation for effective financial analysis and decision-making.

Expertise with Excel: Expertise with Excel includes proficiency in using spreadsheet software to analyze financial data and perform various calculations. It allows financial analysts to efficiently organize data, create models, generate charts and graphs, and apply advanced functions to facilitate data analysis and reporting.

Financial Statements: Financial Statements are formal reports that provide a summary of a company's financial transactions, performance, and position during a specific period. The analysis of financial statements allows financial analysts to assess a company's profitability, liquidity, and solvency, providing valuable insights for evaluating its financial health and making informed decisions.

Budgeting and Forecasting: Budgeting and Forecasting involve the process of planning and estimating future financial outcomes based on historical data, market trends, and strategic objectives. It enables financial analysts to develop budgets, set financial targets, and project potential financial scenarios, helping organizations allocate resources effectively and make informed business decisions.

Financial Ratios: Financial Ratios are mathematical indicators that measure and evaluate the relationships between different elements of a company's financial statements. They provide insights into a company's liquidity, profitability, efficiency, and solvency, allowing financial analysts to assess its financial performance, identify trends, and compare it to industry benchmarks.

Investment Analysis: Investment Analysis involves evaluating the financial viability and potential risks and rewards of investment opportunities. It enables financial analysts to assess the value of investments, estimate future returns, and evaluate the risk factors associated with different investment options, providing guidance for making investment decisions that align with organizational goals and risk appetite.

Risk Management: Risk Management refers to the identification, assessment, and mitigation of potential risks that may negatively impact a company's financial performance and objectives. Financial analysts use risk management techniques and tools to assess risks, develop risk mitigation strategies, and ensure the effective allocation of resources to minimize potential losses and safeguard the organization's financial stability.

Cost of Capital: Cost of Capital represents the required rate of return that a company must achieve on its investments to maintain the value of its capital. It includes the cost of debt and equity financing and serves as a benchmark for evaluating investment projects and determining the optimal capital structure. Financial analysts measure the cost of capital to assess the feasibility and profitability of investment opportunities.

Capital Budgeting: Capital Budgeting involves the process of evaluating and selecting long-term investment projects, such as purchasing new equipment or expanding operations. Financial analysts apply various techniques, such as net present value (NPV) and internal rate of return (IRR), to assess the profitability, cash flow implications, and potential risks associated with capital investment decisions.

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 Hiring 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 Financial Analyst Assessment Test for?

Here are few roles for which we recommend this test:

  • Financial Analyst
  • Investment Analyst
  • Credit Analyst
  • Budget Analyst
  • Financial Consultant
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 Test?
Ready to use the Adaface Financial Analyst Test?
logo
40 min tests.
No trick questions.
Accurate shortlisting.
Terms Privacy Trust Guide
ada
Ada
● Online
Previous
Score: NA
Next
✖️