Accenture Lead Business Analyst Interview Questions and Answers

English grammer test, Case study etc

Q1. Ovarall past experiance and collection process
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Q2. Tell about yourself in brief
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Q3. Why you went out from your last organization
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Q4. What are you achivements
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I have achieved significant improvements in business processes and successfully led cross-functional teams.
• Implemented a new project management system that increased efficiency by 30%

• Led a team of analysts to identify cost-saving opportunities resulting in $1 million in annual savings

• Developed and implemented a data-driven strategy that improved customer retention by 15%

• Successfully managed the implementation of a new
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Q1. E2E Securitisation process
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Q1. None, they asked basis the resume
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Q1. What is acrual?
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Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period, even if cash has not been exchanged.

• It provides a more accurate representation of a company's financial position and performance.

• Examples include recognizing revenue when a service is performed, even if payment has not be...read more
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Q2. What is contra entry?
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Contra entry is a transaction that involves both a debit and a credit entry to the same account.
• Contra entries are used to correct errors, transfer funds between accounts, or record non-cash transactions.

• For example, transferring money from a savings account to a checking account would involve a contra entry.

• Contra entries do not impact the overall balance of the account, as the debit and credit cancel each other out.
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Q3. Entry for sale of goods?
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Entry for sale of goods refers to recording the transaction of selling goods in the accounting system.
• Record the sale in the sales journal or sales ledger

• Update the inventory to reflect the goods sold

• Calculate the cost of goods sold and recognize revenue

• Issue an invoice to the customer for payment

• Record any discounts or returns related to the sale
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