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 you find information about the total interest accrued during the reporting period of one year?
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 the nearest whole number.)
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27 more premium Accounting & Finance questions
Balance Sheet, Commodity Sale, Office Chairs, Zero Debts, Receivables Collection, Net Profit Decrease, Criterion Inc., Debits or Credits, TDEC Inc., Plurality Corp., Profit and Income, Strawberry Inc., AP Williams, Webster and Sons, Brightsense Inc., Sales Invoice, New Corporate Building, Transfer, Account Types, Woodworking Machine, Equity, Balance Sheet Reports, Production Line Value, Net Income, Total Assets, Company Truck, Equity and Assets.
Skills and topics tested
- Basic Financial Statements
- Accounting and Finance
- Balance Sheet
- Double-Entry Bookkeeping
- Accounts Receivable
- Chart of Accounts
- Debits and Credits
- Financial Analysis
- Debt Ratio
- Leverage Ratios
- Activity Ratios
- Receivables Turnover Ratio
- Profit Margins
- Profitability Ratios
- Investment Ratios
- Payout Ratio
- Retained Earnings
- Fixed Assets
- Depreciation
- Income Statement
- Salaries
- Liquidity Ratios
- Debt-to-Equity Ratio
- Cash Ratio
- Invoices
- Asset Liquidity
- Liabilities
- Interest Expenses
For job roles
- Accountant
- Financial Accountant
- Financial Analyst
- Financial Manager
- Management Accountant
- Risk Analyst
- Staff Accountant
Sample candidate report
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