ABB Interview Questions, Process, and Tips

Q1. What made you change the previous company
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Q2. Can you tell me process improvements you made
Ans. 
Implemented automated financial reporting system to streamline processes
• Developed a new financial reporting template that reduced manual data entry by 50%

• Utilized advanced Excel functions to automate data analysis and reporting

• Implemented a new budgeting software that improved accuracy and efficiency in forecasting
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Q3. Can you tell me what feedback you got from previous one to one from your manager and what you did to overcome it
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Q4. Tell me how prepaid expenses are recorded in financial statements
Ans. 
Prepaid expenses are recorded as assets on the balance sheet until they are used up or expire.
• Prepaid expenses are initially recorded as assets on the balance sheet

• As the prepaid expenses are used up or expire, they are then recognized as expenses on the income statement

• The adjusting entry to recognize the expense involves debiting an expense account and crediting the prepaid expense account

• Examples of prepaid expenses...read more
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Q5. How to you use sumif and how do you rate your self in Excel
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Q6. What team you were in and were you only doing same process since start of your company and how can you adapt to process change
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Q7. How do you do foreign currency revaluation and explain proceess in sap
Ans. 
Foreign currency revaluation in SAP involves adjusting the value of foreign currency balances to reflect current exchange rates.
• Foreign currency revaluation is typically done at month-end or year-end to ensure financial statements accurately reflect the current exchange rates.

• In SAP, the process involves running the foreign currency revaluation program (transaction code FAGL_FC_VAL) to revalue open items in foreign cur...read more
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Q8. Have you gone through the details of job position you have applied and the can you explain more regarding the same
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Q1. Mechanical engineering and supply chain basics
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Q2. Incoterms and payment terms
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Q1. Supply chain management
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Q1. Your past experience
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Q1. Observables vs promises Lifecycle hooks Pipes
Ans. 
Observables are used for handling asynchronous operations in a stream-like manner, promises are for handling a single async operation, and lifecycle hooks are methods that allow you to tap into the lifecycle of a component in Angular.
• Observables are used in Angular for handling asynchronous operations in a stream-like manner, allowing you to work with data over time.

• Promises are used for handling a single asynchronous ...read more
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Q1. Lazy loading Dependency injection
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Q1. Educational qualification
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Company culture and Discipline