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I applied via Recruitment Consulltant and was interviewed in Sep 2023. There were 3 interview rounds.
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P2e difference ratio is a financial metric used to analyze the change in profit margin over time.
P2e difference ratio is calculated by dividing the difference in profit margin between two periods by the profit margin of the earlier period.
It helps in understanding how efficiently a company is managing its costs and generating profits.
For example, if the profit margin in Q1 was 20% and in Q2 it increased to 25%, the P2e...
I applied via Referral and was interviewed in Dec 2023. There were 2 interview rounds.
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 maintain the balance in the accounting equation: Assets = Liabilities + Equity.
For example, when a company receives cash f...
I applied via Recruitment Consulltant and was interviewed in Dec 2023. There was 1 interview round.
Budgeting involves setting financial goals and allocating resources, while forecasting predicts future financial outcomes based on current data.
Budgeting is a plan for the future, outlining expected revenues and expenses.
Forecasting is a prediction of future financial outcomes based on historical data and trends.
Budgeting helps in setting financial goals and allocating resources effectively.
Forecasting helps in making ...
General accounting question
I applied via Recruitment Consulltant and was interviewed in Aug 2022. There was 1 interview round.
Accrued revenue is earned but not yet received, while deferred revenue is received but not yet earned.
Accrued revenue is recorded as a receivable on the balance sheet, while deferred revenue is recorded as a liability.
Accrued revenue is recognized when the service or product is delivered, while deferred revenue is recognized when the service or product is provided.
Examples of accrued revenue include interest income and...
Amortisation is the process of spreading the cost of an intangible asset over its useful life, while depreciation is the process of spreading the cost of a tangible asset over its useful life.
Amortisation is used for intangible assets like patents, copyrights, and trademarks.
Depreciation is used for tangible assets like buildings, machinery, and vehicles.
Amortisation is usually calculated using the straight-line method...
I applied via Campus Placement and was interviewed before Apr 2021. There were 2 interview rounds.
I was interviewed in Aug 2024.
Cost optimisation methods in finance involve identifying and implementing strategies to reduce expenses and improve efficiency.
Identify and eliminate unnecessary expenses
Negotiate better terms with suppliers
Implement automation and technology to streamline processes
Outsource non-core functions to reduce costs
Regularly review and update budgeting and forecasting
I applied via Campus Placement and was interviewed before Apr 2023. There was 1 interview round.
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Design Engineer
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