Free practice test

Financial Manager Practice Test

Check what you know about the financial manager 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 manager 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 15A controller leads:
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Answer: Accounting. Books.

Question 2 of 15GAAP is:
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Answer: Accounting principles. Standards.

Question 3 of 15Cash flow tracks:
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Answer: Money in and out. Liquidity.

Question 4 of 15FP&A stands for:
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Answer: Financial planning and analysis. Planning.

Question 5 of 15Internal controls prevent:
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Answer: Errors and fraud. Protection.

Question 6 of 15Which term matches this definition: “Checks that prevent errors and fraud.”
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Answer: Internal controls. Internal controls: Checks that prevent errors and fraud.

Question 7 of 15What does “Balance sheet” mean?
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Answer: Assets, liabilities and equity.. Balance sheet: Assets, liabilities and equity.

Question 8 of 15Which term matches this definition: “Chief financial officer.”
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Answer: CFO. CFO: Chief financial officer.

Question 9 of 15What does “Month-end close” mean?
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Answer: Finalizing monthly books.. Month-end close: Finalizing monthly books.

Question 10 of 15Which term matches this definition: “Money in and out.”
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Answer: Cash flow. Cash flow: Money in and out.

Question 11 of 15What does “Income statement” mean?
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Answer: Revenue and expenses.. Income statement: Revenue and expenses.

Question 12 of 15Which term matches this definition: “Manages cash and investments.”
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Answer: Treasurer. Treasurer: Manages cash and investments.

Question 13 of 15What does “ROI” mean?
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Answer: Return on investment.. ROI: Return on investment.

Question 14 of 15Which term matches this definition: “Projected results.”
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Answer: Forecast. Forecast: Projected results.

Question 15 of 15What does “Audit” mean?
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Answer: Independent review.. Audit: Independent review.

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