Accenture Pricing Analyst Interview Questions and Answers

US GAAP accounting standards are a set of rules and guidelines used in the United States for financial reporting.

• US GAAP stands for Generally Accepted Accounting Principles

• It provides a standardized framework for financial reporting

• US GAAP is used by publicly traded companies in the US

• It ensures consistency and comparability in financial statements

• Examples of US GAAP principles include revenue recognition, matching pri

Dealing with foreign countries and currencies involves risks such as exchange rate fluctuations, political instability, and legal issues.

• Exchange rate fluctuations can affect profitability and cash flow

• Political instability can lead to changes in regulations and policies

• Legal issues such as contract disputes and intellectual property rights violations can arise

• Cultural differences can also impact business relationships...read more

Building or buying assets impact on pricing analysis

• Building assets can lead to higher initial costs but lower long-term costs

• Buying assets can lead to lower initial costs but higher long-term costs

• Building assets can provide more control over the quality and customization of the asset

• Buying assets can provide faster access to the asset and potentially better support

• Impact on pricing analysis depends on the cost struct

When a project is cancelled, I'll identify and record the initial set up costs incurred for the project.

• Identify all the costs incurred for the project including direct and indirect costs

• Determine which costs are sunk costs and which are recoverable

• Record all the costs in a spreadsheet or database for future reference

• Analyze the costs to identify any patterns or trends that can be used to improve future projects