10+ Head Digital Works Interview Questions and Answers

Manual testing is the process of manually executing test cases to identify defects in software applications.

• Manual testing involves the tester executing test cases step by step without the use of automation tools.

• It requires the tester to simulate real user actions and interactions with the software.

• Testers manually verify the expected behavior of the application and compare it with the actual results.

• It helps in identifying user interface issues, functional bugs, and usabili...read more

A query to create a table in SQL.

• Use the CREATE TABLE statement followed by the table name.

• Specify the column names and their data types.

• Add any constraints or indexes if required.

To insert data into a table, use the INSERT INTO statement followed by the table name and the values to be inserted.

• Use the INSERT INTO statement to specify the table name.

• Provide the column names in parentheses after the table name.

• Use the VALUES keyword followed by the values to be inserted.

• Ensure that the data types of the values match the column types.

• Example: INSERT INTO table_name (column1, column2) VALUES (value1, value2);

Life assurance policies include term, whole life, endowment, and universal life.

• Term life insurance provides coverage for a specific period of time.

• Whole life insurance provides coverage for the entire life of the insured and builds cash value over time.

• Endowment policies pay out a lump sum after a specific period of time or upon the death of the insured.

• Universal life insurance combines a savings component with a death benefit and offers flexibility in premium payments and c...read more

Different SQL Queries

• SELECT statement to retrieve data from a table

• INSERT statement to insert data into a table

• UPDATE statement to modify data in a table

• DELETE statement to delete data from a table

• JOIN statement to combine data from multiple tables

• GROUP BY statement to group data based on a column

• ORDER BY statement to sort data in ascending or descending order

• COUNT function to count the number of rows in a table

• SUM function to calculate the sum of values in a column

• WHERE clau...read more

Revenue recognition is the process of accounting for and reporting revenue earned by a company.

• Revenue recognition is important for accurate financial reporting.

• It involves determining when revenue should be recognized and how much should be recognized.

• Revenue is recognized when it is earned and realized or realizable.

• There are different methods of revenue recognition, such as the percentage of completion method and the completed contract method.

• Examples of revenue recognitio...read more

P2P Cycle is Procure to Pay Cycle. AP work starts after the purchase order is received and goods/services are delivered.

• P2P Cycle involves the entire process of procuring goods or services, from identifying the need to paying the supplier.

• The cycle includes steps like requisition, purchase order, goods receipt, invoice receipt, and payment.

• AP work starts after the goods or services are received and the invoice is received from the supplier.

• AP work involves verifying the invoi...read more

Prepaid expenses are paid in advance while accrual expenses are incurred but not yet paid.

• Prepaid expenses are recorded as assets on the balance sheet until they are used up.

• Accrual expenses are recorded as liabilities on the balance sheet until they are paid.

• Prepaid expenses include items like insurance premiums or rent paid in advance.

• Accrual expenses include items like salaries or utilities that have been incurred but not yet paid.

Duration is a measure of a bond's sensitivity to changes in interest rates.

• Duration is a calculation that takes into account the bond's yield, coupon rate, and maturity date.

• It is expressed in years and represents the average time it takes to receive the bond's cash flows.

• The higher the duration, the more sensitive the bond is to interest rate changes.

• Duration is used by investors to manage interest rate risk in their portfolios.

An annuity is a financial product that provides a series of payments at regular intervals.

• Fixed annuity: provides a fixed payment amount for a specific period of time

• Variable annuity: payment amount varies based on the performance of underlying investments

• Immediate annuity: payments begin immediately after purchase

• Deferred annuity: payments begin at a future date

• Indexed annuity: payment amount is tied to a stock market index

• Lifetime annuity: payments continue for the life of ...read more

Yes, I have a strong understanding of data and its analysis.

• I have experience in collecting, organizing, and analyzing data from various sources.

• I am proficient in using statistical tools and software to interpret data.

• I have successfully presented data-driven insights to stakeholders in previous roles.