| |
Financial Analyst Staff Selector
 |
Date
introduced: 1999 |
| Administration
time: 2 hours and 25 minutes |
Purpose
To evaluate the intellectual, analytical and
reasoning skills of potential candidates for the position of Financial Analyst.
General
Description
The test, from which a five-page report is
provided to the client, consists of instruments measuring the following:
| attention to detail |
| numerical skills |
| problem solving ability |
| ingenuity |
| reasoning skills |
| business judgment |
| analytical aptitude |
Test
administration
The test requires only clerical supervision
to administer, and takes approximately 2 hours 23 minutes to complete. The timed sections must be
precisely timed. Candidates should be given the tests in a relatively quiet environment.
More then one person can be tested at one time. It is important that the timed tests be timed to the second.
Once the candidate begins, the test is self-instructive.
Sample
question (segment)
| Name |
previous
balance |
purchases |
payments |
subject
to
finance
charge |
interest |
new
balance |
| A.B.
BRONSON |
500.00 |
125.00 |
50.00 |
575.00 |
5.75 |
580.75 |
| C.L.
DAVIS |
475.00 |
25.00 |
30.00 |
470.00 |
4.70 |
474.70 |
| R.C.
ISSAC |
450.00 |
100.00 |
50.00 |
500.00 |
5.00 |
505.00 |
| S.P.
WINROW |
105.00 |
25.00 |
30.00 |
100.00 |
1.50 |
101.50 |
TOTAL
CUSTOMERS: 4
TOTAL NEW BALANCE: $1,661.95
The amount subject to a finance charge is obtained by adding the purchases
to the previous balance and subtracting the payments. If the amount
subject to a finance charge is $250.00 or more, interest must be
calculated by multiplying the amount by 1%. If the amount subject to a
finance charge is less than $250.00, interest is calculated by multiplying
the amount by 1.5%. The new balance is obtained by adding the interest to
the amount subject to a finance charge. After all the index cards have
been processed, the total customers and the total of the new balances are
printed. |
Sample Candidate Evaluation Report
Click here to view a sample detailed evaluation report.
Evaluation
The overall rating
is based on scores according to the following table:
| Overall Rating |
Likelihood for
Success |
| EXCELLENT |
Far Above Average |
| VERY GOOD |
Above Average |
| GOOD |
High Average |
| ACCEPTABLE |
Average |
| MARGINAL |
Below Average |
| UNACCEPTABLE |
Far Below Average |
Languages
published
| English |
|
