Accounting & Finance Test
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The Accounting and Finance test evaluates the ability to measure and process financial information relevant to businesses.
It covers a range of topics applied in real world situations, including:
- Understanding basic financial concepts like assets and liabilities.
- Recording financial transactions in the correct accounts.
- Calculating profit margins based on income statements.
Professionals like accountants, financial analysts, and risk analysts need a solid base in accounting and finance to accurately analyze businesses' financial situations.
Sample public questions
When a bank's customer makes an ATM cash withdrawal from the customer's account, which classes of the bank's Chart of Accounts will be affected?
Where can information about the total interest accrued during the reporting period of one year be found?
Study the balance sheet information for Carlton Corporation in 2015 in the image below.
(Open full-size image in a new tab.)
What is the value of the Current Asset Turnover Ratio for Carlton Corporation in 2015?
(Round your answer to two decimal places.)
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27 more premium Accounting & Finance questions
Balance Sheet, Commodity Sale, Transfer, Sales Invoice, Office Chairs, New Corporate Building, Woodworking Machine, Equity, Balance Sheet Reports, Production Line Value, Net Income, Total Assets, Company Cars, Zero Debts, Receivables Collection, Net Profit Decrease, Criterion Inc., Account Types, Debits or Credits, TDEC Inc., Plurality Corp., Equity and Assets, Profit and Income, Strawberry Inc., AP Williams, Webster and Sons, Brightsense Inc..
Skills and topics tested
- Basic Financial Statements
- Accounting and Finance
- Balance Sheet
- Double-Entry Bookkeeping
- Accounts Receivable
- Chart of Accounts
- Debits and Credits
- Asset Liquidity
- Invoices
- Depreciation
- Fixed Assets
- Liabilities
- Income Statement
- Interest Expenses
- Financial Analysis
- Debt Ratio
- Leverage Ratios
- Activity Ratios
- Receivables Turnover Ratio
- Profit Margins
- Profitability Ratios
- Investment Ratios
- Payout Ratio
- Retained Earnings
- Salaries
- Liquidity Ratios
- Debt-to-Equity Ratio
- Cash Ratio
For job roles
- Accountant
- Financial Accountant
- Financial Analyst
- Financial Manager
- Management Accountant
- Risk Analyst
- Staff Accountant
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What others say
Simple, straight-forward technical testing
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Jan Opperman, Grindrod Bank
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