Free practice test

Financial Examiner Practice Test

Check what you know about the financial examiner job with 15 free questions and instant explanations.

Updated By the Career Education Institute Curriculum Team
About this practice test

15 multiple-choice questions on financial examiner knowledge, safety and vocabulary. Submit to see your score and explanations, or open any question’s answer as you go. Nothing is saved or shared.

Question 1 of 15CAMELS is:
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Answer: A bank rating system. Ratings.

Question 2 of 15BSA stands for:
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Answer: Bank Secrecy Act. Law.

Question 3 of 15An MRA is:
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Answer: A matter requiring attention. Finding.

Question 4 of 15A finding includes:
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Answer: Condition, criteria, cause, effect. Structure.

Question 5 of 15The FDIC:
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Answer: Insures deposits. Agency.

Question 6 of 15Which term matches this definition: “Loan with weaknesses.”
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Answer: Classified loan. Classified loan: Loan with weaknesses.

Question 7 of 15What does “CRA” mean?
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Answer: Community Reinvestment Act.. CRA: Community Reinvestment Act.

Question 8 of 15Which term matches this definition: “Office of the Comptroller of the Currency.”
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Answer: OCC. OCC: Office of the Comptroller of the Currency.

Question 9 of 15What does “Examiner in charge” mean?
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Answer: Lead examiner.. Examiner in charge: Lead examiner.

Question 10 of 15Which term matches this definition: “Equal access to credit.”
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Answer: Fair lending. Fair lending: Equal access to credit.

Question 11 of 15What does “BSA” mean?
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Answer: Bank Secrecy Act.. BSA: Bank Secrecy Act.

Question 12 of 15Which term matches this definition: “Enough capital to absorb losses.”
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Answer: Capital adequacy. Capital adequacy: Enough capital to absorb losses.

Question 13 of 15What does “AML” mean?
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Answer: Anti-money laundering.. AML: Anti-money laundering.

Question 14 of 15Which term matches this definition: “Health of loans.”
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Answer: Asset quality. Asset quality: Health of loans.

Question 15 of 15What does “MRA” mean?
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Answer: Matter requiring attention.. MRA: Matter requiring attention.

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