20+ Accenture Senior Associate Interview Questions and Answers

Trade settlement exceptions are discrepancies in trade details that require resolution before settlement.

• Exceptions can include incorrect trade details, missing documentation, or failed trade confirmations.

• Handling exceptions involves identifying the issue, communicating with relevant parties, and resolving the discrepancy.

• Effective exception handling requires strong communication skills, attention to detail, and knowledge of trade settlement processes.

• Examples of trade settl...read more

I would troubleshoot the issue and try to find a solution.

• Check if the device is connected to the internet

• Restart the device and try again

• Check if there are any software updates available

• Try using a different device or network

• Contact IT support for assistance

Expenses on assets previously installed but relocated are typically treated as relocation costs and capitalized to the new location.

• Expenses incurred for relocating assets are added to the cost of the asset at its new location.

• The original installation costs are not expensed again but remain capitalized in the asset's cost.

• Any costs associated with dismantling, transporting, and reinstalling the asset should be included in the new asset's cost.

• The accumulated depreciation on ...read more

Fail and unmatched trades are handled by identifying the root cause and taking appropriate actions.

• Identify the root cause of the fail or unmatched trade

• Communicate with relevant parties to resolve the issue

• Take appropriate actions to prevent future occurrences

• Document the incident and any actions taken for future reference

Buy-in is the process of getting people to support an idea or decision.

• Listen to concerns and address them

• Explain the benefits and potential outcomes

• Provide evidence and data to support the idea

• Involve stakeholders in the decision-making process

• Build trust and rapport with the team

• Be open to feedback and suggestions

• Communicate clearly and consistently

Yes, a business rule can be called from client script.

• Business rules can be called from client scripts using the GlideRecord API.

• This allows for server-side processing to be triggered from client-side events.

• For example, a client script could call a business rule to update a record when a user clicks a button.

• However, it is important to consider performance implications and ensure that the business rule is designed to handle client-side calls.

To look up your IP address, you can use various online tools or check your device's network settings.

• Use websites like whatismyip.com or ipchicken.com to quickly find your IP address

• Check your device's network settings to find your IP address on Windows, Mac, or mobile devices

• Use the command prompt or terminal and type 'ipconfig' or 'ifconfig' to find your IP address on Windows or Mac/Linux respectively

My long term goal with Accenture is to continue growing and advancing within the company, taking on more leadership roles and contributing to the success of the organization.

• Continuing to develop my skills and expertise in my field

• Seeking opportunities for advancement and leadership roles within Accenture

• Contributing to the growth and success of the company through my work

• Building strong relationships with colleagues and clients to drive collaboration and innovation

Client script vs UI policy

• Client script runs on the client side while UI policy runs on the server side

• Client script can be used to manipulate the UI while UI policy is used to enforce business rules

• Client script can be used on any form while UI policy is specific to a table

• Client script can be used to show or hide fields while UI policy can only hide fields

I can streamline processes by identifying inefficiencies, implementing improvements, and ensuring compliance with best practices.

• Analyze current processes to identify bottlenecks and inefficiencies

• Implement automation tools to streamline repetitive tasks

• Train team members on best practices and ensure compliance with company policies

• Regularly review and update processes to adapt to changing business needs

Cloud technology is important for scalability, cost-efficiency, flexibility, and accessibility of data and applications.

• Scalability: Cloud technology allows businesses to easily scale their resources up or down based on demand, without the need for physical infrastructure upgrades.

• Cost-efficiency: Cloud services eliminate the need for expensive hardware and maintenance costs, as well as reduce energy consumption.

• Flexibility: Cloud technology enables remote access to data and ...read more

Pipes in programming are used to transform data from one format to another in a series of steps.

• Pipes are used in Unix-based systems to connect the output of one command to the input of another command

• In programming languages like JavaScript, pipes are used to transform data in a series of functions

• To create pipes in Unix, you use the '|' symbol to connect commands, like 'command1 | command2'

• In Angular, pipes are used to format data in templates, like 'value | uppercase'

Billin is a term used in medical billing to refer to the process of invoicing patients or insurance companies for medical services rendered.

• Billing is an essential part of the healthcare industry to ensure proper payment for services provided.

• It involves creating invoices, submitting claims to insurance companies, and following up on payments.

• Billin can also involve coding procedures and diagnoses accurately to ensure proper reimbursement.

• Examples: submitting a bill to an ins...read more

Deferred revenue is revenue that has been received by a company, but has not yet been earned. It is recorded as a liability on the balance sheet.

• Deferred revenue represents a liability for the company because they owe the customer a product or service in the future.

• It is common in subscription-based businesses where customers pay upfront for services that will be provided over time.

• Deferred revenue is recognized as revenue on the income statement as the company fulfills its o...read more

Expected CTC should be based on industry standards, experience, skills, and job responsibilities.

• Research industry standards for Senior Associate roles in your field

• Consider your level of experience and skills

• Factor in the job responsibilities and duties expected of the role

• Negotiate based on your value and contribution to the organization

Implemented new project management system resulting in 20% increase in efficiency and on-time project delivery.

• Implemented new project management system

• Increased efficiency by 20%

• Improved on-time project delivery

• Trained team on new system

Oops concept stands for Object-Oriented Programming. It is a programming paradigm based on the concept of objects.

• Oops concept focuses on creating objects that contain data in the form of fields (attributes) and code in the form of procedures (methods).

• Encapsulation, inheritance, polymorphism, and abstraction are the four main principles of Oops concept.

• Encapsulation refers to the bundling of data with the methods that operate on that data within a single unit.

• Inheritance all...read more

HashMap is a data structure that stores key-value pairs and uses hashing to efficiently retrieve values based on keys.

• HashMap uses an array of buckets to store key-value pairs.

• When a key-value pair is added, the key is hashed to determine the index in the array where the pair will be stored.

• In case of hash collisions, where multiple keys hash to the same index, a linked list or tree is used to store multiple entries at the same index.

• HashMap allows null keys and values, but o...read more

Positive points about my experience and skills

• I have strong communication and interpersonal skills

• I am a quick learner and adaptable to new situations

• I have a proven track record of meeting and exceeding targets

• I am a team player and enjoy collaborating with others

• I am passionate about my work and take pride in delivering high-quality results

Asset put into production entry is a record of when an asset is ready for use.

• The entry should include the date the asset was put into production

• It should also include the cost of the asset

• The entry should be made in the company's accounting system

• Examples of assets include machinery, equipment, and vehicles

Power BI is a business analytics tool by Microsoft that provides interactive visualizations and business intelligence capabilities.

• Power BI is used to connect to data sources, visualize and analyze data, and share insights across an organization.

• It allows users to create interactive reports and dashboards to track key performance indicators (KPIs) and make data-driven decisions.

• Power BI integrates with various data sources such as Excel, SQL databases, cloud services, and mor...read more

Salesforce is a cloud-based customer relationship management (CRM) platform that helps businesses manage their sales, customer service, marketing, and more.

• Salesforce is a leading CRM platform used by businesses to manage customer relationships and sales processes.

• It offers a wide range of tools and features for sales, marketing, customer service, and analytics.

• Salesforce is known for its cloud-based approach, allowing users to access data and tools from anywhere with an inte...read more

Power BI is a business analytics tool by Microsoft that consists of various components for data visualization and analysis.

• Power Query for data extraction and transformation

• Power Pivot for data modeling and calculations

• Power View for interactive data visualization

• Power Map for geographical data visualization

• Power BI Desktop for creating reports and dashboards

Subject refers to the topic or theme of a discussion, book, movie, etc.

• Subject is the main idea or focus of a piece of writing or conversation.

• It can also refer to a particular branch of study or area of knowledge.

• For example, the subject of a book could be love, friendship, or war.

• In academic settings, subjects like math, science, history, and literature are taught.

• Subjects can also be personal interests or hobbies, such as photography or cooking.

Teradata is a massively parallel processing (MPP) database system designed for large-scale data warehousing and analytics.

• Teradata uses a shared-nothing architecture, where each node in the system has its own processing power and storage.

• It utilizes parallel processing to distribute data and queries across multiple nodes for faster performance.

• Teradata's architecture includes components like Parsing Engine, BYNET, Access Module Processors (AMPs), and disk storage.

• It supports ...read more

I have 5 years of experience in related areas including project management, client relations, and team leadership.

• Managed multiple projects simultaneously

• Developed strong relationships with clients

• Led a team of 10 individuals to successfully complete a project on time and within budget