Finance, accounting, banking, and insurance
Accounting graduate entry
Suite 231 · apt-231-accounting-graduate-entry. Published A4A vertical slice with guided, mini, full, and reserve banks.
Official sourcesVerification pending
About this practice suite
This suite prepares candidates for accounting graduate entry selection in the finance, accounting, banking, and insurance sector with 5 skill areas: numerical reasoning, critical thinking, situational judgment, data interpretation and technical reasoning. Every question was written by Novus editors for this suite — none are taken from live or leaked exams — and the full bank holds 52 scored questions across three modes, plus 8 reserve questions used to vary repeat attempts. Answer keys never ship to the browser: your answers are scored server-side, and results stay on your device.
Skills this suite practises
- Numerical reasoning — Arithmetic, fractions, percentages, ratios, rates, estimation, word problems, and number relationships.
- Critical thinking — Evaluating evidence, assumptions, arguments, credibility, and alternative explanations.
- Situational judgment — Evaluating workplace responses against role-relevant principles.
- Data interpretation — Tables, charts, graphs, dashboards, trends, comparisons, and evidence-based conclusions.
- Technical reasoning — Applied technical principles, diagrams, tools, systems, measurements, and troubleshooting.
Sample questions from the guided bank
Two of the 10 guided-practice questions, shown exactly as they appear in a session. Answers and explanations are not printed here — keys stay on the server — so open guided practice to answer them and see how you did.
Under accrual accounting, revenue is generally recognized when:
- A. Cash is received from the customer
- B. An invoice is printed regardless of delivery
- C. Performance obligations are satisfied and recognition criteria are met
- D. The fiscal year ends
A graduate notices year-end bonus expense was never accrued though it is probable and estimable. Best educational action?
- A. Propose an adjusting entry and escalate to the supervisor with support
- B. Ignore it because cash has not been paid
- C. Expense it next year only to smooth earnings
- D. Reduce revenue instead of accruing expense
Practice modes and timing
Guided practice is untimed-feeling and instructional; the mini-test is a short timed check; the full simulation mirrors a complete sitting. All three draw on separate question sets, so moving up a mode never repeats what you practised.
| Mode | Questions | Duration | Start |
|---|---|---|---|
| Guided practice | 10 | 15 minutes | Open |
| Timed mini-test | 12 | 18 minutes | Open |
| Full simulation | 30 | 45 minutes | Open |
Study outline
Read the study outline for this suite’s skills, timings, and recommended lessons on one printable page, or download its standalone HTML file. The printable page can also be saved as a PDF from your browser.
- Guided practice
- Timed mini-test
- Full simulation
- Downloads pack
- Build numerical reasoning
- Practice critical thinking
- Practice situational judgement