The Advanced Numeracy Test Workbook - Mike Bryon [0]
NUMERACY TEST
WORKBOOK
Review key quantitative operations and practise for accounting and business tests
2nd edition
ADVANCED LEVEL
MIKE BRYON
Whilst the author has made every effort to ensure that the content of this book is accurate, please note that occasional errors can occur in books of this kind. If you suspect that an error has been made in any of the tests included in this book, please inform the publishers at the address printed below so that it can be corrected at the next reprint.
Publisher’s note
Every possible effort has been made to ensure that the information contained in this book is accurate at the time of going to press, and the publishers and author cannot accept responsibility for any errors or omissions, however caused. No responsibility for loss or damage occasioned to any person acting, or refraining from action, as a result of the material in this publication can be accepted by the editor, the publisher or the author.
First published in Great Britain and the United States in 2004 by Kogan Page Limited Second edition, 2010
Apart from any fair dealing for the purposes of research or private study, or criticism or review, as permitted under the Copyright, Designs and Patents Act 1988, this publication may only be reproduced, stored or transmitted, in any form or by any means, with the prior permission in writing of the publishers, or in the case of reprographic reproduction in accordance with the terms and licences issued by the CLA. Enquiries concerning reproduction outside these terms should be sent to the publishers at the undermentioned addresses:
120 Pentonville Road
525 South 4th Street, #241
London N1 9JN
Philadelphia PA 19147
United Kingdom
USA
www.koganpage.com
© Mike Bryon, 2004, 2010
The right of Mike Bryon to be identified as the author of this work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988.
ISBN 978 0 7494 5406 7
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British Library Cataloguing-in-Publication Data
A CIP record for this book is available from the British Library.
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Library of Congress Cataloging-in-Publication Data
Bryon, Mike.
The advanced numeracy test workbook : review key quantitative operations and practice for accounting and business tests / Mike Bryon.
p. cm.
Includes bibliographical references and index.
ISBN 978-0-7494-5406-7 (alk. paper)
1. Numeracy—Problems, exercises, etc. I. Title
QA141.B73 2010
510.76--dc22
2009028088
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Typeset by Saxon Graphics Ltd, Derby
Printed and bound in India by Replika Press Pvt Ltd
eBook by Graphicraft Limited, Hong Kong
Contents
Acknowledgements
How to make best use of this book
Psychometric tests and the value of practice
A key concepts reference
Test 1
Key quantitative operations
Tests 2 and 3
Accounting and business comprehension
Tests 4 and 5
Geometry and further quantitative operations
Tests 6 and 7
Advanced numeracy
Tests 8 and 9
Data interpretation
Answers and explanations
Interpretations of your test scores
Acknowledgements
I owe thanks to Jon Stephenson and Ed Hateley for contributing some practice questions for Tests 6 and 7. I dedicate this book to my wife Lola.
How to make best use of this book
Use this book to prepare for psychometric tests of your advanced numerical skills. It contains material suitable for extensively used assessments including ABLE Financial Appraisal, GMAT, SHL Graduate Battery and McKinsey Problem Solving tests.
These tests are widely used to select between candidates for management and graduate jobs and places on postgraduate courses. They comprise a standardized series of problems, either multiple choice or short answer, taken either with pen and paper, online or at a computer terminal. Strict time limits apply. At the advanced end of the testing spectrum they are likely to comprise a series or battery of sub-tests sat one after the other. They are likely to take a number of hours and be a major test of endurance. You will have to work quickly