Apex Group Interview Questions, Process, and Tips

Q1. How cash flow statement work's
Ans. 
Cash flow statement shows the inflow and outflow of cash in a business over a specific period of time.
• Cash flow statement categorizes cash activities into operating, investing, and financing activities.

• Operating activities include cash received from sales, payments to suppliers, and employee salaries.

• Investing activities include cash spent on purchasing assets like equipment or investments.

• Financing activities include ...read more
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Basic accounting question

Q1. What is AML & KYC, PEP, Hedge fund, Layers of AML, Screening
Ans. 
AML & KYC are regulatory processes to prevent money laundering and terrorist financing. PEP refers to politically exposed persons. Hedge funds are investment funds. AML has three layers: customer due diligence, transaction monitoring, and suspicious activity reporting. Screening involves checking individuals or entities against watchlists.
• AML stands for Anti-Money Laundering and KYC stands for Know Your Customer

• PEP ref...read more
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Q2. Transaction monitoring, High risk Investors, types of risk
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Q1. CDD edd difference,
Ans. 
CDD stands for Customer Due Diligence, while EDD stands for Enhanced Due Diligence. CDD is a standard process to verify customer identity, while EDD is a more thorough investigation for higher risk customers.
• CDD is a basic process to verify customer identity and assess the risk level.

• EDD is a more in-depth investigation conducted for higher risk customers.

• CDD is mandatory for all customers, while EDD is typically reser...read more
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Q2. Screenings,sanctions
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Q1. Documents for regulated and corporate funds
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