Armeka Financial Consultants Interview Questions and Answers

I have 5 years of experience in the audit field, conducting financial audits for various clients.

• Performed financial audits for clients in different industries

• Analyzed financial statements and identified discrepancies

• Prepared audit reports and communicated findings to clients

• Collaborated with team members to ensure audit deadlines were met

Trade discount is given by the seller to the buyer at the time of purchase, while cash discount is given for prompt payment.

• Trade discount is a reduction in the list price of the goods offered by the seller to the buyer.

• Cash discount is a discount offered by the seller to the buyer for making prompt payment.

• Trade discount is given at the time of purchase, while cash discount is given after the purchase is made.

• Trade di...read more

Optimisation involves finding the best solution to a problem by maximizing or minimizing a certain objective function.

• Identify the objective function to be optimized

• Define constraints that need to be satisfied

• Choose an optimization algorithm such as gradient descent or genetic algorithms

• Iteratively improve the solution until the optimal solution is found