Budgeting and forecasting differences? What is Variance and it's types? Effect of higher DSO on companies growth? 2-3 Case study questions..one of them was risk of having higher inventory and closing stock and what are it's impact? When there is a lot cash available what should a company should do? What is working capital ratio? Formula of operating ratio? What do you know about company and what are the fields in which Accenture is involved?

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The interview questions cover topics such as budgeting and forecasting, variance and its types, impact of higher DSO on growth, case studies on inventory risk, cash management, working capital ratio, operating ratio, and Accenture's involvement in various fields.

Budgeting involves creating a plan for future expenses, while forecasting predicts future financial outcomes.
Variance measures the difference between actual and expected values.
Types of variance include favorable variance (actual value is better than expected), unfavorable variance (actual value is worse than expected), and volume variance (difference due to changes in quantity).
Higher DSO (Days Sales Outstanding) indicates slower collection of accounts receivable, which can impact a company's growth by reducing available cash for investment or operations.
Case study on inventory risk may involve analyzing the potential impact of holding excessive inventory, such as increased storage costs, obsolescence, or reduced liquidity.
When a company has a lot of cash available, it can consider options like investing in research and development, expanding operations, acquiring other companies, or returning cash to shareholders through dividends or share buybacks.
Working capital ratio measures a company's ability to meet short-term obligations and is calculated by dividing current assets by current liabilities.
Operating ratio is a measure of operational efficiency and is calculated by dividing operating expenses by net sales.
Accenture is involved in various fields such as management consulting, technology services, outsourcing, and digital transformation.

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