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Financial Reasoning Test
Practice Leaflet
Mendas Ltd
Brownlow House 50-51 High Holborn
London WC1V 6ER t: 020 7014 9440 f: 020 7713 8298 enquiries@mendas.com www.mendas.com discover the power in people
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Purpose of this leaflet
This leaflet provides background information about the Financial Reasoning Test and includes a number of example questions to provide you with an opportunity to practice before completing the actual test.
Psychometric tests
Psychometric tests are a standardized way of measuring knowledge, abilities, attitudes or personality.
There are several reasons why organisations use psychometric tests in recruitment:
• They allow organisations to assess particular skills that are relevant for a role and allow you to see what skills are required
• They provide an objective, fair and consistent way to measure these skills
• They help both you and the organisation to establish if you have these skills
The Financial Reasoning test
The Financial Reasoning test is a psychometric ability test designed to assess how effectively people analyse, interpret and use numerical information in a financial context.
The duration of the test is 35 minutes and there are a total of 22 questions. The use of calculators is permitted.
The test and how it is scored
In the test, there are a number of different items. Each item consists of a piece of information, followed by a number of questions.
Please note for the purposes of this practice leaflet only one question per information source is presented.
For each question there are six potential responses. You will need to use the information in order to work out the correct answer.
There is a right answer for every question. These are listed against letters A-E. There is also an option to respond ‘I do not know’ (option F).
Selecting ‘I do not know’ indicates that you are not sure of the correct response. Try to work out the correct answer, but if you
Practice Leaflet
Mendas Ltd
Brownlow House 50-51 High Holborn
London WC1V 6ER t: 020 7014 9440 f: 020 7713 8298 enquiries@mendas.com www.mendas.com discover the power in people
Select
Develop
Support
1
Purpose of this leaflet
This leaflet provides background information about the Financial Reasoning Test and includes a number of example questions to provide you with an opportunity to practice before completing the actual test.
Psychometric tests
Psychometric tests are a standardized way of measuring knowledge, abilities, attitudes or personality.
There are several reasons why organisations use psychometric tests in recruitment:
• They allow organisations to assess particular skills that are relevant for a role and allow you to see what skills are required
• They provide an objective, fair and consistent way to measure these skills
• They help both you and the organisation to establish if you have these skills
The Financial Reasoning test
The Financial Reasoning test is a psychometric ability test designed to assess how effectively people analyse, interpret and use numerical information in a financial context.
The duration of the test is 35 minutes and there are a total of 22 questions. The use of calculators is permitted.
The test and how it is scored
In the test, there are a number of different items. Each item consists of a piece of information, followed by a number of questions.
Please note for the purposes of this practice leaflet only one question per information source is presented.
For each question there are six potential responses. You will need to use the information in order to work out the correct answer.
There is a right answer for every question. These are listed against letters A-E. There is also an option to respond ‘I do not know’ (option F).
Selecting ‘I do not know’ indicates that you are not sure of the correct response. Try to work out the correct answer, but if you