Financial Analyst and MS Excel Test
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The Financial Analyst and MS Excel test evaluates a candidate’s ability to use financial statements and reports to assess the viability, stability, and profitability of a business or project, as well as candidates’ ability to use Excel spreadsheets to analyze financial data.
It’s an ideal assessment for pre-employment screening of candidates applying for a variety of financial analysis roles, including financial analyst, financial manager, investment analyst, and equity analyst. A good candidate for a financial analyst job will be able to display competency with understanding the formation and implications of financial statements, calculating and interpreting relevant financial indicator ratios, and using MS Excel spreadsheets to analyze data. This Financial Analyst test can be used to screen a large group of candidates in order to select the best to bring in for an interview.
This test requires candidates to perform assignments within spreadsheet software as well as answer multiple-choice and calculation questions related to the core principles of financial analysis. Candidates can use either their personal copy of Microsoft Excel or the free web version of MS Excel to complete the test.
Sample public questions
Your company sells products to customers in two cities, New York and San Francisco. You have been asked to calculate each product’s retail prices inclusive of sales taxes in these cities.
Specifically, you need to:
- Write formulas to calculate the retail prices, inclusive of sales tax, using the base price of each product.
- Make sure you reference cells A5 and B5 in your formulas.
Note: Do not use array formulas in your work.
Your task is to download the file ‘TaxInclusive-RawData.xlsx’ file and execute the request. When you have completed your work, save it in .xlsx format, then upload that file for evaluation.
Your company’s accounting department has asked you to give them a list of orders filtered by two periods of time:
- On 'Sheet1', they need orders spanning a two-month period starting from the 1st of July, 2018, and stretching through the 31st of August, 2018.
- On 'Sheet2', they need all orders for the period before the 1st of July, 2018, and all orders for the period after the 31st of August, 2018.
Your task is to download the file 'TimeFilters-RawData.xlsx’ file and execute this request. When you have completed your work, save it in .xlsx format, then upload that file for evaluation.
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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29 more premium Financial Analyst and MS Excel questions
Balance Sheet, 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., Webster and Sons, Brightsense Inc., Order Display, Large Orders, Aussie Freight, Hot Beverage Filters, Overdue Invoices, Region Code, Expense Management, Currency Conversion, Product Lookup, Five Year Sales, Equity and Assets, Profit and Income, Strawberry Inc., AP Williams.
Skills and topics tested
- Basic Financial Statements
- Accounting and Finance
- Balance Sheet
- Depreciation
- Fixed Assets
- Liabilities
- Asset Liquidity
- Income Statement
- Interest Expenses
- Financial Analysis
- Debt Ratio
- Leverage Ratios
- Accounts Receivable
- Activity Ratios
- Receivables Turnover Ratio
- Profit Margins
- Profitability Ratios
- Investment Ratios
- Payout Ratio
- Retained Earnings
- Debt-to-Equity Ratio
- Cash Ratio
- Liquidity Ratios
- MS Excel
- Data Filtering
- Data Management
- Data Sorting
- Conditional Formulas
- Formulas and Functions
- INDEX MATCH
- Two-Dimensional Lookup
- Advanced Filter Tool
- Date Functions
- Exclusion Criteria
- Cell References
- Match Type
- VLOOKUP
- Field Groups
- Pivot Tables
- Salaries
For job roles
- Equity Analyst
- Financial Analyst
- Financial Manager
- Investment Analyst
Sample candidate report
What others say
Simple, straight-forward technical testing
TestDome is simple, provides a reasonable (though not extensive) battery of tests to choose from, and doesn't take the candidate an inordinate amount of time. It also simulates working pressure with the time limits.
Jan Opperman, Grindrod Bank
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