This Financial Math test assesses a candidate’s ability to perform mathematical computations essential for identifying and evaluating financial outcomes. The test helps you identify candidates who can perform these computations efficiently and accurately.
Equations
Linear programming and mathematical progression
Time value of money
Application of time value of money in business
Financial analysts, financial researchers, financial officers, executives, members of in-house finance and accounts departments, and anyone else responsible for performing mathematical analysis and computations for financial decision-making.
Sustainable growth for many businesses depends on accurate financial information. At the core of this financial information is financial math: functions, computations, and arithmetic related to financial information. Proper business decision-making is supported by various mathematical analyses and computations.
High-quality financial mathematics is a hallmark of high-quality financial positions. To find suitable candidates for your organization, this screening test uses practical, scenario-based questions that ask candidates to solve financial math problems that regularly come up when handling finance-related matters, such as computation of present and future value, net present value, internal rate of return, real and nominal rate of return, and products leading to profit maximization.
Candidates performing well on this Financial Math test will possess a good understanding of financial math and help your organization solve complicated finance-related problems and computations. Successful candidates will provide valuable input for your company’s financial decisions.
All Financial Math test questions can be solved without using a calculator, but given the time constraints, access to a calculator is highly recommended for all candidates taking this test.
Abdul is a chartered accountant and certified ISO 31000 risk manager with over 15 years of experience managing other accountants and staff in many businesses, large and small. Abdul also has an MBA with significant consulting experience across business sectors, including oil and gas, pharmaceuticals, food, and education. He has worked as a university lecturer in accounting, finance, and tax-related subjects for more than five years and currently works on complex risk management policies as a senior risk management officer.
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