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Arronics Infotech Financial Analyst Interview Questions and Answers
Arronics Infotech Financial Analyst Interview Experiences
1 interview found
Anonymous
(2 Questions)
- Q1. Salary excpectation
- Q2. How long is notice period
- Ans.
Notice periods typically range from 2 weeks to 3 months depending on the company's policy and the level of the position.
Notice periods can vary depending on company policy and the level of the position
Common notice periods range from 2 weeks to 3 months
Some companies may require longer notice periods for higher-level positions
It is important to check your employment contract for specific details on notice period
Interview questions from similar companies
(5 Questions)
- Q1. Explain budgeting
- Ans.
Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.
Involves estimating income and expenses
Setting financial goals
Monitoring actual performance against the budget
Adjusting the budget as needed
Common types include operating budgets, capital budgets, and cash budgets
- Q2. Explain forecasting
- Ans.
Forecasting is the process of making predictions about future trends based on past and present data.
Forecasting involves analyzing historical data to identify patterns and trends
Different methods such as qualitative and quantitative analysis can be used for forecasting
Common techniques include time series analysis, regression analysis, and econometric modeling
Forecasting helps businesses make informed decisions and pla...
- Q3. Explain revenue recognition
- Ans.
Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.
Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.
It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.
Different industries may have specific guidelines for revenue recog...
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
- Ans.
Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.
Assets are recognized in the balance sheet to show the company's resources and their value.
Depreciation is recorded to allocate the cost of assets over their useful life.
Recognizing assets and depreciating them helps in accurately reflecting ...
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
Interview Preparation Tips
Skills evaluated in this interview
I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.
Its related to accounting concepts
(1 Question)
- Q1. Anything can related to accounts
Kirti Ranjan Das
Selected
I applied via Company Website and was interviewed in Oct 2023. There were 7 interview rounds.
Concentrate on the questions and answer accordingly. I am sure it can be cracked within the time limit
(1 Question)
- Q1. It was an operational round completely based on experience and a situation that you have experience and how you have tackeled it and was there any other way it can be tackled.
(1 Question)
- Q1. It was also an operational round and the questions were around the improvement idea's, lean ideas and implementation of those ideas in the process that I am working.
(1 Question)
- Q1. It was also an operational round where the questions were acound issues and problems in the transition process. How the improvement ideas have helped in increasing productivity, reducing manual efforts and...
(1 Question)
- Q1. It was also an operational round in which the questions were basically around how to improve quality of work and implement ideas for a target driven process.
(1 Question)
- Q1. This was also an operational round but the questions were more around ensuring quality of work, ensuring one time resolutions and what are the different ways to achieve these with the experience you carry,...
Interview Preparation Tips
Ex- When you have started what was the number and post adding your ideas and experiences how the number has changed and as a process owner how you were able to track the change.
Like you can say when I started the profit was 10% but it grow upto 15%, you should have a valid example and you ahould be able to justify your answer with the data points in your current job.
I applied via Referral and was interviewed in Feb 2024. There was 1 interview round.
(2 Questions)
- Q1. Management fee how is calculated
- Ans.
Management fee is typically calculated as a percentage of assets under management.
Management fee is usually calculated as a percentage of the total assets under management.
The percentage can vary depending on the investment firm and the type of assets being managed.
For example, a management fee of 1% means that the investor pays 1% of their total assets as a fee each year.
Management fees are typically charged annually ...
- Q2. Private equity and real estate funds
Interview Preparation Tips
Selected
I applied via Recruitment Consulltant and was interviewed in Feb 2024. There was 1 interview round.
(2 Questions)
- Q1. Why should we hire you
- Ans.
I have a strong background in financial analysis, excellent analytical skills, and a proven track record of delivering results.
I have a Bachelor's degree in Finance and have completed internships at top financial firms.
I am proficient in financial modeling, forecasting, and data analysis.
I have a history of identifying cost-saving opportunities and improving financial performance.
I am a quick learner and have a strong ...
- Q2. How to handle financial issue
- Ans.
Handling financial issues involves analyzing the problem, creating a plan, and implementing solutions.
Analyze the financial issue to understand the root cause
Create a detailed plan to address the issue, including budget adjustments or cost-cutting measures
Implement the plan effectively, monitoring progress and making adjustments as needed
Seek advice from financial experts or consultants if necessary
Communicate with sta...
Interview Preparation Tips
I applied via campus placement at Christ University, Bangalore and was interviewed in Nov 2023. There were 3 interview rounds.
Basic math was easy, also English was easy
AI needs to submit a decision sheet
(5 Questions)
- Q1. Golden rules of accounting
- Ans.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.
These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.
For example, when a com...
- Q2. Depreciation, how to compute depreciation while undergoing FA
- Ans.
Depreciation is calculated by dividing the cost of an asset by its useful life, taking into account salvage value and depreciation method.
Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
To calculate straight-line depreciation, subtract the salvage value from th...
- Q3. Excel questions
- Q4. Treatment of Bad debt
- Ans.
Bad debt is an uncollectible amount owed by a debtor, typically resulting from credit sales.
Bad debt is recorded as an expense on the income statement.
It is important for financial analysts to accurately estimate and account for bad debt.
Common methods for estimating bad debt include the percentage of credit sales method and the aging of accounts receivable method.
Examples of bad debt include customers who declare bank
- Q5. Xlookup, vlookup
Interview Preparation Tips
- Accountancy
Selected
I applied via Walk-in and was interviewed in Jan 2024. There was 1 interview round.
(2 Questions)
- Q1. Basic account related
- Q2. Based on role andd profile
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