Budget Manager Test Assessment

Candidates Assessed

17262+

Organisations Served

112+

iMocha’s budget manager test is the ideal pre-hire test for recruiters and hiring managers to assess candidates objectively. Our test is useful for hiring Budget Manager and helps to reduce screening time by 80%.

About Budget Manager Test Assessment

Budget managers evaluate the financial needs of programs, develop organizational budget strategies, and make presentations before top executives. During the developmental and implementation stages of the budget process, they may review proposals, prepare financial documents, and make sure that the organization remains in compliance with financial goals, final budgets, and industry regulations. They may also provide financial advice or estimate future revenues. They prepare, administer, and direct control of the budget. They review and approve recommendations for financial planning and control. They monitor divisions and subsidiaries' adherence to budgets. They develop, implement, and integrate financial practices across multiple organizations and locations.

They analyze financial projections and assist managers in developing budget proposals.

Budget Managers plan and execute financial analyses and reports including operational and capital budgets, financial statements, statistical reports, cost analyses and other information for management. They provide detailed business analysis through determination of key performance indicators and financial models. They create solution-based tools, analysis, and process to support the business.

KEY SKILLS REQUIRED:

SOLID UNDERSTANDING OF ACCOUNTING REPORTING SYSTEMS - Quantitative Aptitude, Financial Accounting
STRONG ANALYTICAL SKILLS - Abstract Reasoning
EXCELLENT VERBAL AND WRITTEN COMMUNICATION SKILLS - Verbal Ability and Verbal Reasoning
MUST PROVIDE PERSPECTIVE AND INTERPRETATION OF BUSINESS PERFORMANCE - Logical Reasoning and Financial Management

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Test Summary

VERBAL ABILITY

Verbal ability is essential because grammar and vocabulary is a prerequisite for good spoken and written English.

VERBAL REASONING

Reading comprehension indicates an ability to comprehend and reason with the concepts on a written page.

QUANTITATIVE APTITUDE

Quantitative ability will indicate analytical thinking and problem-solving ability.

LOGICAL REASONING

Logical Reasoning is assessed through:

Statement/Conclusion
Cause /Effect and
Statement/Fact questions

These questions will indicate the quality of deductive reasoning and inductive reasoning which contribute to Critical thinking ability.

ABSTRACT REASONING

Abstract reasoning will indicate the ability to think clearly, identify logical patterns, learn new skills and solve complex problems. It is an indicator of fluid intelligence and shows an ability to strategize.

The test may contain MCQs (Multiple Choice Questions), MAQs (Multiple Answer Questions), Fill in the Blanks, Whiteboard Questions, Audio / Video Questions, True or False Questions, etc.

Test Duration: 47 minutes

No. of Questions: 34

Level of Expertise: Entry/Mid/Expert

Useful for hiring

Budget Manager

Topics Covered

Logical Reasoning

Our budge manager test helps to assess a candidate’s ability to solve logical questions or non-verbal questions

Verbal Reasoning

This test helps to evaluate a candidate’s communication skills effectively with words

Verbal Ability

This assessment test evaluates a candidate’s ability to solve verbal reasoning questions which helps to assess communication skills effectively with words

Abstract Reasoning

This online budget manager test evaluates candidates' ability to solve problems based on the outside world with sense

Accounting and Finance

Our test helps recruiters and hiring managers to evaluate a candidate’s understanding about accounting and finance where all the financial activities or transactions are recorded such as banking, debt, credit, capital markets, and investments

Sample Questions

Choose from our 100,000+ question library or add your own questions to make powerful custom tests

Question types:

Multiple Option

Topic:

Ratio Analysis

Difficulty:

Hard

Q 1. Ferris Corporation wants to improve its current ratio from the present level of 1.5 when it closes the books next week. The action of __________ will have the desired effect. Choose the correct option to fill the blank.

Paying off all current payables from cash

Selling off all current marketable securities for cash

Writing-down all impaired assets

Delaying all next payrolls

Question types:

Multiple Option

Topic:

Series

Difficulty:

Easy

Q 2. What will be the next term of the series: 4, 2, 9, 3, 16, 5, 25, ____?

Sample Report

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Trusted By

“Siemens needed an employee review metric that was based on pure data, making it simpler for the hiring managers to evaluate their team. At the same time, we wanted the employees to be able to show case their domain knowledge and skills without the fear of any biases affecting their review process.”