AEREN IT Solutions Interview Questions, Process, and Tips

Q1. Salary discussion
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PII, PHI, Data breach, Document Review

Q1. Salary discussion
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Q1. What is EDRM explain
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EDRM stands for Electronic Discovery Reference Model, a framework that outlines the standards for the recovery and discovery of digital data.
• EDRM is a framework used in the legal field to guide the electronic discovery process.

• It consists of various stages including identification, preservation, collection, processing, review, analysis, and production of electronic data.

• EDRM helps organizations and legal professionals ...read more
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Q1. Basic introduction to your role
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Q1. Introduction and why do you think fit for this role
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Q1. What is bad debt explain it
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Bad debt is an amount owed by a debtor that is unlikely to be paid and is considered a loss for the creditor.
• Bad debt is a debt that is uncollectible and cannot be recovered.

• It is usually the result of a debtor's financial difficulties or bankruptcy.

• Bad debt is written off as an expense on the creditor's income statement.

• Examples of bad debt include unpaid credit card bills, defaulted loans, and unpaid invoices.

• It is i...read more
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Q2. If a company purchase bike of rs 25000 what is taxable value and gst value and gst is12.5%
Ans. 
Taxable value of a bike purchased for Rs. 25000 with 12.5% GST.
• The taxable value is the cost of the bike minus the GST amount.

• GST value is calculated by multiplying the taxable value with the GST rate.

• Taxable value = Rs. 25000 / (1 + 12.5/100) = Rs. 22222.22

• GST value = Rs. 25000 - Rs. 22222.22 = Rs. 2777.78
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