HomeFinance Tests
Financial Reporting Test
Test duration:
30
min
No. of questions:
20
Level of experience:
Entry level

Financial Reporting Test

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Financial Reporting Test

Financial reporting mainly refers to the communication of financial information, like financial statements, statements of comprehensive income, balance sheets, statements of cash flows, and statements of stockholders' equity to users like investors and creditors. Financial reporting is typically viewed as companies issuing financial statements. Financial Reporting is an essential and critical task of an organization, and it is a vital part of corporate governance. 

 

The financial reporting test helps recruiters & hiring managers assess a candidate's ability to prepare various financial reports. Our financial reporting knowledge test is designed by experienced subject matter experts (SMEs) to evaluate and hire financial reporting managers per industry standards.

 

Why use iMocha's financial reporting test?


This financial reporting test helps employers in many ways, including hiring a job-fit candidate within a short period, making unbiased employee performance appraisal decisions, and reducing hassle in mass recruitment. You can reduce hiring time by up to 40% with the financial reporting knowledge test.

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How it works

Test Summary

Financial reporting interview test helps to screen the candidates who possess the following traits: 

 

  • Experience in handling budgeting, forecasting, and managing actual performance
  • Ability to review, analyze and evaluate financial data and information for accuracy, consistency, and transparency
  • Ability to ensure financial transactions are compliant with the U.S. generally accepted accounting principles
  • Good working knowledge of software/database systems used in financial reporting/consolidation


The financial reporting test has a powerful reporting feature that will help you get an instant result and an option to share this result with your recruiting team. You can analyze the section-wise performance of the candidate to gauge their strengths and weaknesses. Features like window violation and webcam proctoring help detect cheating during the test.


The financial reporting quiz test may contain MCQs (Multiple Choice Questions), MAQs (Multiple Answer Questions), Fill in the Blanks, Whiteboard Questions, Audio/Video Questions, AI-LogicBox (AI-based essay evaluation), Job-based Simulations, True or False Questions, etc.

Useful for hiring
  • Finance Manager
  • Sr. Associate Regulatory Reporting (Financial Reporting)
  • Senior Analyst - Financial Reporting
  • Financial Reporting Manager
  • Financial Accountant
  • Financial Analyst
Test Duration
30
min
No. of Questions
20
Level of Expertise
Entry level
Topics Covered
Shuffle

Call and Put Option

Operating Income

Shuffle

Cash Flow Methods (Direct & Indirect)

Shuffle

Balance Sheet

Shuffle

Inventory Management

Shuffle

Capitalization & Expensing

Sample Question
Choose from our 100,000+ questions library or add your own questions to make powerful custom tests.
Question type
Multiple Option
Topics covered
Call and Put Option
Difficulty
Easy

Question:

Anthony Corporation’s common stock price has a market value of $40 and a put and call on this stock is trading at a strike price of $35. Which statement about put and call is the most accurate?


Options

  • Put is in-the-money
  • Call is in-the-money
  • Call is at-the-money
  • Put is out-of-the-money
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Test Report
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questions to the test

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