Audit

About this practice suite

This suite prepares candidates for audit selection in the finance, accounting, banking, and insurance sector with 5 skill areas: critical thinking, situational judgment, attention and concentration, numerical reasoning 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

• Critical thinking — Evaluating evidence, assumptions, arguments, credibility, and alternative explanations.
• Situational judgment — Evaluating workplace responses against role-relevant principles.
• Attention and concentration — Sustained focus, selective attention, and accuracy under time pressure.
• Numerical reasoning — Arithmetic, fractions, percentages, ratios, rates, estimation, word problems, and number relationships.
• 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.

1. Which evidence type is generally stronger for existence of a bank balance in educational ranking?

   • A. Oral claim by the cashier alone
   • B. An unsigned sticky note
   • C. Direct confirmation from the bank
   • D. A draft spreadsheet without support

2. Management asks the audit trainee to prepare the entire bank reconciliation that will also be the sole evidence. Best concern?

   • A. Self-review/independence threat — avoid auditing solely self-prepared evidence without safeguards
   • B. It is ideal because it saves time
   • C. Trainees should never look at banks
   • D. Reconciliations are never evidence

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.

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.