Fund Accountant Test

Test duration:

min

No. of questions:

Level of experience:

Entry/Mid/Expert

Fund Accountant Test

Our fund accountant test is the ideal pre-hire test for recruiters and hiring managers to assess candidates objectively. This online fund accountant test is useful for hiring a fund accountant. Our fund accountant test has helped our customers to reduce hiring time by up to 40%.

Book a demo Start your free trial

Stack of coins, calculator, and pencil on a piece of paper representing financial planning

Fund Accountant Test Assessment

Fund accounting is the process of accounting for a portfolio of investments such as securities, commodities, and/or real estate held in an investment fund such as a mutual fund or hedge fund. Fund accountants are primarily responsible for all aspects of day-to-day accounting for a group of assigned funds, including calculating/reporting the daily NAV (Net Asset Value) per unit, compiling standard weekly and/or monthly financial statements, and income and expense accruals.

Fund accountants work for organizations that manage funds. Some organizations both manage and sell funds, some just sell funds, and some just manage funds. Fund accountants are not typically employed by firms that just sell funds as their role is primarily related to funding management (e.g., daily calculations of fund values, etc.).

Wondering what other skills we have in our World’s Largest Skills Assessment library?

Visit here

How it works

Test Summary

The Fund accountant test helps to screen the candidates who possess the following traits:

Proficiency in accounting principles related to investment funds
Strong knowledge of NAV (Net Asset Value) calculations and reconciliations
Ability to prepare financial statements and regulatory reports for funds
Understanding of portfolio accounting, income, and expense allocations
Attention to detail to ensure accuracy, compliance, and timely reporting

The fund accountant test may contain MCQs (Multiple Choice Questions), MAQs (Multiple Answer Questions), Fill in the Blanks, Descriptive Questions, Whiteboard Questions, Audio / Video Questions, True or False Questions, etc.

Useful for hiring

Fund Accountant

Test Duration

min

No. of Questions

Level of Expertise

Entry/Mid/Expert

Topics Covered

Financial Analysis

Our fund accounting test helps to assess a candidate's knowledge about the financial analysis process of maintaining a record of financial activities to determine accounting performance.

Verbal Reasoning

This test helps to evaluate a candidate's communication skills with effective words.

MS Excel Basic

This online fund accountant test evaluates a candidate's ability to work on Microsoft Excel, which helps to manage and control large amounts of data.

Accounting Fundamentals

This test evaluates a candidate's understanding of accounting fundamentals such as recording, summarizing, analyzing, and then reporting financial data.

Abstract Reasoning

This fund accounting test helps to evaluate candidates' ability to solve problems based on the outside world with sense.

Sample Question

Choose from our 100,000+ questions library or add your own questions to make powerful custom tests.

Question type

Multiple Option

Topics covered

HLOOKUP

Difficulty

Medium

Question:

Manuel is adept at using complex combined formulas. Identify the output of the following formula he wrote based on the given table, with data contained in the range A1: B5. HLOOKUP(44,A2:B5,3) - HLOOKUP(53,A4:B5,2) = ?