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Finance:0-3 years

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Proficiency Level
Beginner-Expert
Experience
0-8 years
Duration
60 mins
WeCP Verified
WeCP
Subject Matter Expert
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Use Case

No use case provided

Skills Covered

Finance
Accounting
Medium
MBA(Master in Business Administration)
Verified
Depreciation methods
L2
+1 more
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About

Finance:0-3 years

No test description provided
Target Audience
No targetAudience provided
Prerequisites
No prerequisites provided
Test Overview
Duration
60 mins
Questions
11
Passing Score
70%

Questions

Asset Depreciation Calculation
Asset Depreciation
Asset Depreciation
Data Manipulation
Double-Declining Balance Method
Excel/Spreadsheet Skills
Problem Solving
What this question evaluates
This question assesses the candidate's ability to calculate asset depreciation using the double-declining balance method. It also tests understanding of financial concepts, data manipulation skills, and proficiency in using Google Sheets.
Type:
Work Sample
Difficulty:
Medium
Time:
8 mins
Attempts:
100+
Success Rate:
70.01%
The incurred claims ratios
Claims Settlement
Claims Settlement
Health Insurance Policy
Healthcare
L2
What this question evaluates
This question evaluates the candidate's understanding of basic data analysis and comparison. It requires the ability to interpret and compare incurred claims ratios (ICR) for different health insurance companies to determine which company has the highest number of rejected claims.
Type:
Programming
Difficulty:
Medium
Time:
1 mins
Attempts:
100+
Success Rate:
70.01%
Accident coverage in the policy
Claims Settlement
Claims Settlement
Health Insurance Policy
Healthcare
L2
What this question evaluates
This question evaluates the candidate's understanding of the benefits and exclusions of a health insurance policy. It tests the ability to comprehend and apply the policy terms and conditions to a specific scenario and determine which claims will be rejected.
Type:
Programming
Difficulty:
Medium
Time:
1 mins
Attempts:
100+
Success Rate:
70.01%
Claiming insurance for a cataract operation
Attention to Detail
Attention to Detail
Claims Settlement
Critical Thinking
Decision Making
Healthcare Policies
What this question evaluates
This question tests the candidate's ability to carefully read and understand insurance policy details and apply the information to a practical scenario involving a senior citizen undergoing a medical procedure.
Type:
Programming
Difficulty:
Medium
Time:
1 mins
Attempts:
100+
Success Rate:
70.01%
Financial Indicator Selection
Financial Health Evaluation
Financial Health Evaluation
Operating Expenses Management
Revenue Generation Analysis
Financial Indicator Selection
Efficiency Assessment
What this question evaluates
This question assesses the candidate's knowledge of financial analysis and understanding of key financial indicators. It tests the ability to evaluate a company's financial health by determining the efficiency in managing operating expenses relative to revenue generation.
Type:
Programming
Difficulty:
Easy
Time:
0.75 mins
Attempts:
100+
Success Rate:
70.01%
Forecasting Importance
Financial Forecasting
Financial Forecasting
Business Planning
Income Estimation
Expense Estimation
Strategic Decision Making
What this question evaluates
This question evaluates the candidate's understanding of financial forecasting in business, including the importance of estimating future income and expenses for planning purposes.
Type:
Programming
Difficulty:
Easy
Time:
0.75 mins
Attempts:
100+
Success Rate:
70.01%
Short-term Assessment
Financial Statements
Financial Statements
Short-term Obligations
Financial Health
Accounting Principles
Analytical Skills
What this question evaluates
This question assesses the candidate's knowledge of financial statements and their specific purposes. It tests the understanding of short-term obligations and the ability to differentiate between different types of financial statements.
Type:
Programming
Difficulty:
Easy
Time:
0.75 mins
Attempts:
100+
Success Rate:
70.01%
Flexible Budget Definition
Budgeting Concepts
Budgeting Concepts
Flexible Budgeting
Business Activity Analysis
Financial Planning
Adapting Budgets to Changes
What this question evaluates
This question assesses the candidate's understanding of financial forecasting by testing their knowledge of budgeting concepts, specifically focusing on the definition and application of a flexible budget.
Type:
Programming
Difficulty:
Easy
Time:
0.75 mins
Attempts:
100+
Success Rate:
70.01%
Money Time Emphasis
Time Value of Money
Time Value of Money
Inflation
Interest Rates
Financial Concepts
Economic Principles
What this question evaluates
This question assesses the candidate's understanding of the 'Time Value of Money' concept, focusing on the relationship between money, time, inflation, and interest rates.
Type:
Programming
Difficulty:
Easy
Time:
0.75 mins
Attempts:
100+
Success Rate:
70.01%
Profitability Inquiry
Financial Statements
Financial Statements
Profitability Analysis
Financial Reporting
Accounting Principles
Business Evaluation
What this question evaluates
This question assesses the candidate's knowledge of financial statements and their specific purposes. It tests the understanding of different financial statements and their relevance in evaluating a company's profitability.
Type:
Programming
Difficulty:
Easy
Time:
0.75 mins
Attempts:
100+
Success Rate:
70.01%
Cash Flow Purpose
Cash Flow Management
Cash Flow Management
Financial Analysis
Reporting Principles
What this question evaluates
This question assesses the candidate's understanding of financial reporting and the purpose of a Cash Flow Statement. It tests knowledge of cash flow management, financial analysis, and the role of financial statements in evaluating a company's financial health.
Type:
Programming
Difficulty:
Easy
Time:
0.75 mins
Attempts:
100+
Success Rate:
70.01%
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Miguel Santiago
Candidate
Passed
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AI Summary
Skills Performance
Score
Finance
87%
Accounting
80%
Medium
85%
MBA(Master in Business Administration)
82%
Areas of Improvement
Review
MBA(Master in Business Administration)
Practice
Accounting
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