Financial Reasoning Practice Questions pack-2022

SUMMARY

About: Financial Reasoning Tests

Financial reasoning tests are similar to numerical reasoning tests, in that they will present financial information to you via graphs, tables and texts. You will be expected to demonstrate knowledge of basic arithmetic (adding, subtracting, multiplication and division), ratios, percentages, average and interests.

What format are financial reasoning tests?

Typically with a financial focused test, you will be given a short description of a scenario that is accompanied with extracts of numerical data. Passages of 150-250 words are likely to accompany each question, which requires you to filter and extract the necessary information quickly and effectively.

As you are provided with more text than a standard numerical test, you will be given slightly longer to complete the exam.

What can make these tests difficult is the terminology used within the accompanying passages. Make sure you’re familiar with phrases such as “profit margin” and “market capitalisation” as these are commonly used within the financial sector.

Financial reasoning tests will also text your ability to complete more elaborate calculations compared to what is expected within a numerical reasoning test.