All Practice Exams

Free Practice Questions for EGEL Plus Finanzas

Exam-style questions and explanations by OpenExamPrep.

✓ No registration✓ No credit card
100+ Questions
100% Free

Loading practice questions...

Exam Review

Key Facts: EGEL Plus Finanzas Exam

200

Total items on the official EGEL Plus FINAN (140 disciplinary + 60 transversal)

Ceneval, Guía para el sustentante EGEL Plus FINANZAS

3

Disciplinary areas: Ecosistema financiero empresarial, Inversiones y financiamiento, Marco legal y responsabilidad social

Ceneval, Guía para el sustentante EGEL Plus FINANZAS

1000

Minimum Índice Ceneval for a Satisfactorio level in an area or section

Ceneval EGEL Plus scoring model

MXN 1,885

Individual national Examen desde casa fee in 2026

Ceneval EGEL portal

Ceneval's EGEL Plus FINAN is a 200-item Spanish exit exam: 140 disciplinary items in three areas plus 60 transversal language and communication items.

Sample EGEL Plus Finanzas Practice Questions

Try these sample questions to review concepts for the EGEL Plus Finanzas exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1A company has cash of MXN 650,000, marketable securities of MXN 350,000, accounts receivable of MXN 1,200,000 and current liabilities of MXN 2,500,000. What is its cash ratio?
A.0.88
B.0.40
C.0.26
D.0.74
Explanation: Cash ratio = (cash + marketable securities) / current liabilities = 1,000,000 / 2,500,000 = 0.40. It is the strictest liquidity ratio because it ignores receivables and inventory.
2A retailer has net credit sales of MXN 73,000,000, total sales (cash and credit) of MXN 91,250,000 and accounts receivable of MXN 9,000,000. Using a 365-day year, what is its average collection period?
A.44.4 days
B.36.0 days
C.45.0 days
D.8.1 days
Explanation: Collection period = receivables / credit sales × 365 = 9 / 73 × 365 = 45.0 days. Only credit sales generate receivables.
3A distributor's cost of sales is MXN 36,000,000 and its net sales MXN 48,000,000. It wants to cut days of inventory from 60 to 45 (360-day year). How much cash would this free up?
A.MXN 2,000,000
B.MXN 4,500,000
C.MXN 6,000,000
D.MXN 1,500,000
Explanation: Inventory = cost of sales × days / 360. At 60 days it is 6,000,000, and at 45 days 4,500,000, so MXN 1,500,000 is released from working capital.
4A company makes credit purchases of MXN 24,000,000 a year, and its cost of sales is MXN 36,000,000. Accounts payable are MXN 3,000,000. Using a 360-day year, what is its average payment period?
A.45 days
B.30 days
C.46 days
D.8 days
Explanation: Payment period = payables / purchases × 360 = 3 / 24 × 360 = 45 days. Suppliers finance purchases, not cost of sales.
5A supplier has 68 days of inventory, a 42-day collection period and a 35-day payment period. What is its cash conversion cycle?
A.145 days
B.75 days
C.61 days
D.110 days
Explanation: Cash conversion cycle = inventory days + collection days - payment days = 68 + 42 - 35 = 75 days.
6How does the operating cycle differ from the cash conversion cycle?
A.The operating cycle applies to services, and the cash cycle to manufacturing
B.The operating cycle includes depreciation of fixed assets
C.The cash cycle subtracts the time suppliers take to be paid
D.The cash cycle adds bank fees to the operating cycle
Explanation: The operating cycle (inventory days + collection days) runs from buying inventory to collecting from customers. The cash conversion cycle subtracts the payment period, leaving the part the company must finance itself.
7A company has net income of MXN 9,000,000, revenue of MXN 60,000,000, total assets of MXN 75,000,000 and equity of MXN 30,000,000. Using the three-factor DuPont model, what are its margin, asset turnover, equity multiplier and ROE?
A.12.0%, 0.80, 2.50; ROE 24.0%
B.15.0%, 0.80, 1.67; ROE 20.0%
C.15.0%, 0.80, 0.40; ROE 4.8%
D.15.0%, 0.80, 2.50; ROE 30.0%
Explanation: Margin = 9 / 60 = 15%, turnover = 60 / 75 = 0.80 and multiplier = 75 / 30 = 2.50. ROE = 15% × 0.80 × 2.50 = 30%, which equals 9 / 30.
8In the five-factor DuPont breakdown of ROE, which factor shows the burden of interest expense?
A.Asset turnover (sales / assets)
B.Operating margin (EBIT / sales)
C.Interest burden (EBT / EBIT)
D.Tax burden (net income / EBT)
Explanation: ROE = (NI/EBT) × (EBT/EBIT) × (EBIT/sales) × (sales/assets) × (assets/equity). With no debt, EBT equals EBIT and the interest burden is 1. It falls below 1 as interest rises.
9A telecom company has EBIT of MXN 42,000,000, interest expense of MXN 12,000,000 and a 30% tax rate. What is its times-interest-earned ratio?
A.2.45x
B.3.50x
C.2.50x
D.0.29x
Explanation: TIE = EBIT / interest = 42 / 12 = 3.50x. Pre-tax operating profit is used because interest is paid before taxes.
10A company's current ratio is 2.4, but its quick ratio is only 0.6. What does this suggest?
A.Its liquidity depends heavily on selling its inventory
B.It holds excess cash that should be invested
C.It collects from customers faster than it pays suppliers
D.It has too much long-term debt in its structure
Explanation: The quick ratio excludes inventory. A large gap between the two ratios means most current assets are inventory, so the company's ability to pay short-term debts depends on turning inventory into cash.

About the EGEL Plus Finanzas Exam

Independent EGEL Plus Finanzas practice by OpenExamPrep. The official Ceneval examination is in Spanish and has 200 items: 140 disciplinary items in Ecosistema financiero empresarial, Inversiones y financiamiento, and Marco legal y responsabilidad social, and 60 transversal Lenguaje y Comunicación items. This bank is an English-language study adaptation with four-option multiple-choice questions, not an official translation or format simulation. It covers the three disciplinary areas only; it does not include Lenguaje y Comunicación items. Official names such as CETES, Bonos M, Udibonos, CAT and the principles of the Código de Ética Profesional de la Comunidad Bursátil Mexicana are kept in Spanish.

Exam sponsor: Centro Nacional de Evaluación para la Educación Superior (Ceneval). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

200 items: 140 disciplinary items (Ecosistema financiero empresarial 50, Inversiones y financiamiento 49, Marco legal y responsabilidad social 41) and 60 transversal items in Comprensión Lectora and Redacción Indirecta.

Time Limit

Given on one day in two sessions; the current Ceneval guide sets the session schedule

Passing Score

Each area and each section is reported on the Índice Ceneval (700-1300): 700-999 Aún no satisfactorio, 1000-1149 Satisfactorio, 1150-1300 Sobresaliente. The global result is weighted toward the disciplinary section, as in all EGEL Plus exams

Exam / Certification Fees

MXN 1,885 for the 2026 national Examen desde casa; institutional administrations may charge a different amount

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Official sources

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

50 of 140 disciplinary items

Ecosistema financiero empresarial

Financial statements (17), budgets (17), and capital structure and cost of capital (16)

49 of 140 disciplinary items

Inversiones y financiamiento

Risk and return (12), financial instruments and tools (12), financial markets (13), and management of financial services and operations (12)

41 of 140 disciplinary items

Marco legal y responsabilidad social

Mexican financial system (15); securities-market ethics code and social responsibility (14); and main regulations for financial analysis and market operations (12)

60 of 200 total items

Lenguaje y Comunicación

Reading comprehension and indirect writing, common to all EGEL Plus exams; not covered by this practice bank

Preparing for the EGEL Plus Finanzas Exam

What You Need to Know

  • Passing score: Each area and each section is reported on the Índice Ceneval (700-1300): 700-999 Aún no satisfactorio, 1000-1149 Satisfactorio, 1150-1300 Sobresaliente. The global result is weighted toward the disciplinary section, as in all EGEL Plus exams
  • Assessment: 200 items: 140 disciplinary items (Ecosistema financiero empresarial 50, Inversiones y financiamiento 49, Marco legal y responsabilidad social 41) and 60 transversal items in Comprensión Lectora and Redacción Indirecta.
  • Time limit: Given on one day in two sessions; the current Ceneval guide sets the session schedule
  • Exam / certification fees: MXN 1,885 for the 2026 national Examen desde casa; institutional administrations may charge a different amount Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

EGEL Plus Finanzas: Suggested Study Strategy

1Practice the working-capital and budgeting calculations: liquidity and activity ratios, the cash conversion cycle, cash budgets, target-profit volume and the Baumol and Miller-Orr cash models.
2Master cost of capital and structure: CAPM and the SML, after-tax cost of debt, market-value WACC, flotation costs, Modigliani-Miller with taxes and the EBIT-EPS indifference point.
3Drill Mexican instruments: CETES prices from discount rates and yields, Bono M coupons on 182/360, Udibonos in UDIs, duration and DV01, reportos and TIIE swaps.
4Know who does what in the Mexican financial system: SHCP, Banxico, CNBV (including bank authorizations), CNSF, CONSAR, CONDUSEF, IPAB, Indeval and Asigna.
5Read the Ley del Mercado de Valores rules on registration, relevant events, privileged information, manipulation and tender offers, including the 2023 simplified registration and sustainability provisions.

Frequently Asked Questions

What is the EGEL Plus Finanzas?

The EGEL Plus Finanzas (EGEL Plus FINAN) is Ceneval's national exit examination for graduates of the Licenciatura en Finanzas and related programs. It measures corporate finance, investments and financing, and the legal and ethical framework of the Mexican financial system, plus Spanish reading comprehension and indirect writing. Institutions may use the result as a graduation requirement or titulación option under their own rules.

How many questions are on the official EGEL Plus FINAN?

The official exam has 200 items: 140 disciplinary items (Ecosistema financiero empresarial 50, Inversiones y financiamiento 49, Marco legal y responsabilidad social 41) and 60 Lenguaje y Comunicación items. Check the current Ceneval guide for the session schedule, application modes and permitted materials.

Which ethics code does the Marco legal area cover?

The Código de Ética Profesional de la Comunidad Bursátil Mexicana, which sets general ethical principles (honesty, integrity, diligence, impartiality, probity and good faith) and eight fundamental principles of conduct, such as "Haz prevalecer el interés de tu cliente", "Salvaguarda la confidencialidad de la información de los clientes" and "Compite en forma leal". This bank practices applying them to concrete cases.

How is the EGEL Plus FINAN scored?

Like all EGEL Plus exams, each area and section is reported on the Índice Ceneval from 700 to 1300: 700-999 Aún no satisfactorio, 1000-1149 Satisfactorio and 1150-1300 Sobresaliente, and the global Testimonio de Desempeño is weighted toward the disciplinary section.

Why is this practice bank in English if the official exam is in Spanish?

The official Ceneval exam is in Spanish. This bank is an independent English-language study adaptation with four-option questions, not an official translation or format simulation. Instrument names, authorities and ethics-code principles are kept in Spanish so they match your sources. The bank covers the disciplinary areas only.