Credit analysis practice questions

About this practice suite

This suite prepares candidates for credit analysis selection in the finance, accounting, banking, and insurance sector with 5 skill areas: numerical reasoning, data interpretation, critical thinking, situational judgment and verbal 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.
• Data interpretation: Tables, charts, graphs, dashboards, trends, comparisons, and evidence-based conclusions.
• Critical thinking: Evaluating evidence, assumptions, arguments, credibility, and alternative explanations.
• Situational judgment: Evaluating workplace responses against role-relevant principles.
• Verbal reasoning: Drawing conclusions from written information without relying on outside assumptions.

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, because keys stay on the server. Open guided practice to answer them and see how you did.

1. Current ratio = current assets / current liabilities. CA $6.0m, CL $4.0m →

   • A. 1.5
   • B. 0.67
   • C. 10.0
   • D. 2.0

2. Borrower EBITDA fell 40% while leverage covenants tighten next quarter. Best analyst action?

   • A. Ignore covenants until formal default
   • B. Re-forecast covenants, engage early, and document downside scenarios
   • C. Delete historical EBITDA from the file
   • D. Treat it as a treasury FX exposure only

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 take the full study guide away as a PDF, a spreadsheet, plain text, or HTML. Each download contains every skill’s complete lesson, not a list of links.

• Download full study guide (HTML) Opens in any browser, works offline.
• Download full study guide (PDF) Paginated, print-ready, opens anywhere.
• Download full study guide (CSV (spreadsheet)) Opens in a spreadsheet, one row per item.
• Download full study guide (Plain text) Plain text for notes apps and screen readers.