Financial.com Interview Questions and Answers

Inventory refers to the stock of goods or materials that a business holds for the purpose of selling or producing goods.

• Inventory includes both finished goods and raw materials.

• It is an essential part of supply chain management.

• Inventory management involves tracking, organizing, and controlling inventory levels.

• Examples of inventory include clothing in a retail store, raw materials in a manufacturing plant, or spare parts in a warehouse.

Shuttering materials are used in construction to create temporary molds or formwork for concrete structures.

• Shuttering materials are typically made of wood, steel, or plastic.

• Wooden shuttering is commonly used for small-scale projects and is cost-effective.

• Steel shuttering is durable and suitable for large-scale projects.

• Plastic shuttering is lightweight and easy to handle.

• Other materials like plywood, fiberboard, and aluminum can also be used for specific requirements.

• The ch...read more

There are different grades of cement used for various construction purposes.

• Cement grades are classified based on their compressive strength.

• The most common cement grades are 33, 43, and 53.

• Grade 33 cement is used for general construction purposes.

• Grade 43 cement is used for reinforced concrete structures.

• Grade 53 cement is used for high-strength concrete applications.

Admixtures are materials added to concrete to enhance its properties.

• Admixtures can improve workability, durability, strength, and reduce water content.

• Types of admixtures include air-entraining agents, water-reducing agents, and accelerating agents.

• Air-entraining agents create small air bubbles in the concrete to increase freeze-thaw resistance.

• Water-reducing agents reduce the amount of water needed for the same workability.

• Accelerating agents speed up the setting and harden...read more

HIRA stands for Hazard Identification and Risk Assessment. It is a systematic process for identifying potential hazards and assessing the associated risks.

• HIRA involves identifying hazards in the workplace or environment

• It includes assessing the risks associated with each hazard

• The goal of HIRA is to implement control measures to mitigate the identified risks

• Examples of hazards include chemical exposure, fire hazards, and ergonomic risks