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FCA tests

Financial Conduct Authority (FCA) Tests

  • 18 tests
  • 201 questions
FCA tests

The Financial Conduct Authority is the conduct regulator for 58000 financial services firms and financial markets in the UK

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FCA Group Exercise

This type of exercise is designed to test your people skills and how you work within a group. You will be required to work within a group to solve a problem or answer a question that is provided by the assessors. For the group exercise you’ll be placed in groups and will be assessed on how you interact. Make sure to find a happy balance between being dominating and passive. The assessors are looking for someone who can contribute but not take over.

Practice Aptitude Tests is not associated with Financial Conduct Authority. We provide preparation services for Financial Conduct Authority psychometric tests. Our tests are not designed to be identical to any style, employer or industry. Visit https://www.fca.org.uk/careers/search-jobs-apply to find out more.

Sample Financial Conduct Authority (FCA) Tests question Test your knowledge!

If an investment fund's value increased by 20% in the first year, decreased by 10% in the second year, and increased by 15% in the third year, what is the total percentage change from the beginning of the first year to the end of the third year?

  • 23.2%
  • 20.0%
  • 25.5%
  • 27.0%

You are a financial analyst reviewing the quarterly revenue reports. If the revenue in Q1 was £5.2 million, in Q2 it was £6.5 million, and in Q3 there was a 10% decrease compared to Q2, what was the revenue in Q3?

  • £5.85 million
  • £5.2 million
  • £6.5 million
  • £7.15 million

During a compliance review, it is observed that certain financial statements do not align with the recently updated regulations. Based on this, what should be the initial step in the compliance officer's protocol?

  • Revise the financial statements to reflect the correct information.
  • Report the discrepancy to the appropriate regulatory authority.
  • Disregard the discrepancy as a minor issue.
  • Terminate the employee responsible for the oversight.

If the investment portfolio showed returns of 5%, 7%, and 4% over three consecutive years, what was the average annual return across the three-year period?

  • 5.33%
  • 4.00%
  • 6.00%
  • 5.50%

In preparation for a regulatory audit, how should a financial manager prioritize tasks to ensure full compliance?

  • Conduct a risk assessment to identify and address areas of non-compliance.
  • Focus on the most recent transactions only, as they are most relevant for an audit.
  • Assume compliance with past reports and prioritize new policy implementation.
  • Postpone the audit until the team can ensure compliance in all areas.

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Reviews of our FCA tests

What our customers say about our FCA tests

  • Kenya

    April 28, 2023

    Graphical representations

    It was awesome, motivating and really speeding up my ability to think and analyze keenly to problems so as to find real solutions.

  • United Kingdom

    October 01, 2021

    You have to be very quick when answering

    Questions got harder as you go along which is good. You have to average 1 min / question which is very hard to do especially since the ones at the end take much longer than 1 min to work out