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Amortization is the gradual reduction of a debt or asset's value over time through scheduled payments or depreciation.
Amortization is commonly used for loans, where borrowers make regular payments to reduce the principal.
For example, a mortgage is amortized over 15 or 30 years, with monthly payments covering both interest and principal.
In accounting, amortization refers to spreading the cost of an intangible asset...
GAAP stands for Generally Accepted Accounting Principles, a framework for financial reporting in the U.S.
GAAP provides guidelines for financial accounting and reporting.
It ensures consistency and transparency in financial statements.
Examples include the revenue recognition principle and matching principle.
GAAP is essential for public companies to maintain investor trust.
It is established by the Financial Accountin...
MVC is a design pattern in C# that separates application logic into three interconnected components: Model, View, and Controller.
Model: Represents the data and business logic of the application. For example, a 'Product' class that handles product data.
View: The user interface that displays the data. For instance, an ASP.NET Razor view that renders HTML for users.
Controller: Manages user input and interacts with th...
I want to join Accenture for its innovative culture, diverse opportunities, and commitment to making a positive impact globally.
Accenture's focus on innovation aligns with my passion for leveraging technology to solve complex problems, as seen in their work with AI and cloud solutions.
The diverse range of projects at Accenture offers the chance to work across various industries, allowing me to broaden my skill set...
What people are saying about Accenture
Object-Oriented Programming (OOP) concepts include encapsulation, inheritance, polymorphism, and abstraction.
Encapsulation: Bundling data and methods that operate on the data within one unit (class). Example: A class 'Car' with attributes like 'speed' and methods like 'accelerate()'.
Inheritance: Mechanism where a new class inherits properties and behavior from an existing class. Example: 'Dog' class inherits from ...
OOPs (Object-Oriented Programming) is a programming paradigm based on the concept of objects, which can contain data and code.
OOPs focuses on creating objects that interact with each other to solve complex problems
Key principles include encapsulation, inheritance, polymorphism, and abstraction
Encapsulation allows bundling data and methods that operate on the data within a single unit
Inheritance enables a new class...
Yes, I have completed a certificate in project management.
Certificate in Project Management from XYZ Institute
Completed online course on Agile Project Management
Attended workshops on Project Management best practices
Object-Oriented Programming (OOP) is a programming paradigm based on objects and classes, promoting code reusability and modularity.
Encapsulation: Bundling data and methods that operate on the data within one unit (e.g., a class).
Inheritance: Mechanism to create a new class using properties and methods of an existing class (e.g., a 'Dog' class inheriting from an 'Animal' class).
Polymorphism: Ability to present the...
C++ supports Object-Oriented Programming (OOP) principles like encapsulation, inheritance, and polymorphism.
Encapsulation: Bundling data and methods. Example: class Car { private: int speed; public: void setSpeed(int s) { speed = s; }};
Inheritance: Deriving new classes from existing ones. Example: class SportsCar : public Car {};
Polymorphism: Ability to call the same method on different objects. Example: class Sha...
SOLID principles are a set of five design principles in object-oriented programming that help make software more maintainable, flexible, and scalable.
Single Responsibility Principle (SRP) - A class should have only one reason to change.
Open/Closed Principle (OCP) - Software entities should be open for extension but closed for modification.
Liskov Substitution Principle (LSP) - Objects of a superclass should be repl...
I applied via Company Website and was interviewed in Nov 2024. There were 2 interview rounds.
I am a dedicated and experienced professional with a background in marketing and project management.
I have over 5 years of experience in marketing roles, where I successfully implemented various campaigns to increase brand awareness.
I also have a strong background in project management, where I led cross-functional teams to deliver projects on time and within budget.
I am highly organized, detail-oriented, and thrive in...
Profitability case on bank
I appeared for an interview in Sep 2024.
Aptittude questions based on logical and reasoning
Their is 2 code. 1 is easy and another is medium
I am a dedicated and hardworking individual with a passion for learning and growth.
I have a background in marketing and have worked in the industry for 5 years.
I am currently pursuing a Master's degree in Business Administration to further my skills and knowledge.
I am a team player and enjoy collaborating with others to achieve common goals.
I led a team in developing a new mobile app for tracking fitness goals and progress.
Managed a team of developers and designers
Defined project scope and timeline
Conducted user testing and feedback sessions
Implemented features such as goal setting, progress tracking, and social sharing
Successfully launched the app on both iOS and Android platforms
I completed a 3-month internship at a marketing firm where I gained hands-on experience in social media management and market research.
Learned how to create social media content and analyze engagement metrics
Assisted in conducting market research surveys and analyzing data
Worked closely with the marketing team to develop and implement marketing strategies
I applied via Campus Placement and was interviewed in Aug 2024. There were 3 interview rounds.
Two sections
1st one includes cognitive ability
2nd section is full of technical
Two programs easy to meadium level
I am a dedicated and hardworking individual with a passion for learning and growth.
I have a background in marketing and have worked in the industry for 5 years.
I am currently pursuing a Master's degree in Business Administration to further my skills and knowledge.
I am a team player and enjoy collaborating with others to achieve common goals.
My project focused on developing a mobile application for tracking daily water intake.
Developed a user-friendly interface for inputting water consumption data
Implemented reminders and notifications to encourage users to drink more water
Integrated a database to store and track user's water intake history
In the Initialization phase of SUM shadow instance is created.
Shadow instance is created during the Initialization phase of SUM.
It is used for testing and validation before making changes to the actual system.
Helps in minimizing risks and ensuring smooth transition during updates.
Example: In SAP system update management (SUM), shadow instance is created in the Initialization phase.
System refresh involves updating and restoring system data to ensure optimal performance and security.
1. Backup existing data: Ensure all critical data is backed up before starting the refresh process.
2. Assess system requirements: Check for any updates or patches needed for the operating system and applications.
3. Execute the refresh: Use system tools or commands to initiate the refresh process, such as 'Refresh' in W...
To check the system when unable to login, try accessing the application from a different device or network.
Try accessing the application from a different device to see if the issue is with the current device.
Check if the internet connection is stable and try accessing the application from a different network.
Clear browser cache and cookies, or try using a different browser.
Contact the technical support team for assista...
There are various types of users in SAP, including end users, power users, and system administrators.
End users: Regular users who interact with the system to perform their daily tasks.
Power users: Users with advanced knowledge who can perform more complex tasks and provide support to other users.
System administrators: Users responsible for managing and maintaining the SAP system, including security settings and system ...
Aptitude test based on maths cse and logic
I am a dedicated and hardworking individual with a passion for learning and growth.
I have a background in marketing and have worked in the industry for 5 years.
I am currently pursuing a Master's degree in Business Administration to further my skills and knowledge.
I am a team player and enjoy collaborating with others to achieve common goals.
I chose Accenture for its global presence, diverse projects, and focus on innovation. I have received offers from XYZ and ABC companies as well.
Chose Accenture for global presence and diverse projects
Impressed by Accenture's focus on innovation
Received offers from XYZ and ABC companies
I have over five years of experience in project management and team leadership across various industries.
Led a team of 10 in a successful product launch, increasing sales by 30% within the first quarter.
Managed multiple projects simultaneously, ensuring on-time delivery and adherence to budget constraints.
Implemented process improvements that reduced project turnaround time by 15%, enhancing overall efficiency.
Collabor...
It includes coding also , if you complete aptitude with minimum marks then you are allowed to next round which is coding and then communication assessment
Object-Oriented Programming (OOP) is a programming paradigm based on objects and classes, promoting code reusability and modularity.
Encapsulation: Bundling data and methods that operate on the data within one unit (e.g., a class).
Inheritance: Mechanism to create a new class using properties and methods of an existing class (e.g., a 'Dog' class inheriting from an 'Animal' class).
Polymorphism: Ability to present the same...
I applied via Campus Placement and was interviewed in Nov 2024. There were 3 interview rounds.
Maths and quantative
Beginner level coding question
The duration of Accenture Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 123 interview experiences
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