20+ Larsen & Toubro Limited Interview Questions and Answers

Charging depreciation in P&L helps in spreading the cost of an asset over its useful life, matching expenses with revenues.

• Depreciation helps in accurately reflecting the wear and tear of assets over time.

• It allows for the allocation of the cost of an asset over its useful life, rather than expensing it all at once.

• By charging depreciation, the profit and loss statement reflects the true cost of using the asset to generate revenue.

• It helps in providing a more accurate picture...read more

P2P cycle refers to the procure-to-pay process in which goods or services are ordered, received, and paid for. A P.O. (purchase order) is a document issued by a buyer to a seller outlining the details of a purchase transaction.

• P2P cycle involves requisitioning, purchasing, receiving, and paying for goods or services

• Purchase Order (P.O.) is a document issued by a buyer to a seller specifying the details of the purchase, such as quantity, price, and terms

• P.O. helps in tracking ...read more

Defect cycle and reporting bugs in Jira

• Defect cycle involves identifying, reporting, fixing, and verifying bugs

• To report bugs in Jira, create a new issue and provide details such as summary, description, steps to reproduce, and expected/actual results

• Assign the issue to the appropriate team member and prioritize it based on severity and impact

• Track the progress of the issue and update its status as it moves through the defect cycle

• Use Jira's reporting and analytics features t...read more

Test case should cover all possible combinations of keywords and authors.

• Identify all possible keywords and authors

• Create test cases for each combination of keyword and author

• Ensure test cases cover positive and negative scenarios

• Verify test results against expected outcomes

I follow a structured approach to testing, including planning, execution, and reporting.

• I plan my testing activities at the beginning of each week

• I execute tests based on priority and risk

• I report any issues found and work with the team to resolve them

• I also perform regression testing as needed

• I continuously learn and improve my testing skills

Accounts payable is the amount of money a company owes to its suppliers for goods or services purchased on credit.

• Accounts payable is a liability on the company's balance sheet.

• It represents the amount of money the company owes to its vendors or suppliers.

• Accounts payable is typically recorded when an invoice is received from the supplier.

• Examples include payments for inventory, utilities, rent, and other expenses.

• Managing accounts payable effectively is important for maintai...read more

Regression is testing to ensure changes don't break existing functionality. Retesting is testing to ensure defects have been fixed.

• Regression testing is done to ensure that changes or new features added to the software do not break existing functionality.

• Retesting is done to ensure that defects found in previous testing have been fixed.

• Regression testing is usually automated to save time and effort.

• Retesting is usually manual to ensure that the defect has been fixed correctly...read more

Depreciation is the allocation of the cost of a tangible asset over its useful life.

• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, age, and obsolescence of the asset.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Examples of depreciable assets include buildings, vehicles, machinery, and equipment.

Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.

• Accounts payable is a liability on the company's balance sheet.

• It represents the short-term debt that must be paid off within a specific period.

• Examples include invoices from suppliers for raw materials, utilities, or services.

• Managing accounts payable effectively is crucial for maintaining good relationships with suppliers and ensuring timely payments.

To handle infinite loops in Power Automate, use the 'Terminate' action with a condition to check for the loop count.

• Use a 'Terminate' action with a condition to check for the loop count and stop the flow if it exceeds a certain threshold.

• Implement a counter variable that increments with each iteration and use it in the condition of the 'Terminate' action.

• Consider adding a notification or logging mechanism to alert the user when the loop is terminated.

Integrating MySQL with Power Automate allows for automated workflows and data processing.

• Create a new flow in Power Automate

• Select MySQL as the data source

• Enter the connection details for the MySQL database

• Choose the table and columns to work with

• Set up triggers and actions based on the data in MySQL

• Test and run the flow to ensure it is working correctly

Interface features include abstraction, multiple inheritance, and contract enforcement.

• Abstraction: Interfaces allow for the definition of methods without implementation, providing a blueprint for classes to follow.

• Multiple Inheritance: Java interfaces support multiple inheritance, allowing a class to implement multiple interfaces.

• Contract Enforcement: Interfaces define a contract that implementing classes must adhere to, ensuring consistency and interoperability.

GRNI stands for Goods Received Not Invoiced, a financial term used to track goods that have been received by a company but not yet invoiced by the supplier.

• GRNI helps in tracking the liability of a company for goods received but not yet paid for.

• It is important for accurate financial reporting and inventory management.

• GRNI can indicate potential issues with the accounts payable process or discrepancies in inventory records.

• For example, if a company receives a shipment of good...read more

Various systems and tools used in previous organization included CRM software, ticketing systems, and data analytics tools.

• CRM software for managing customer complaints and feedback

• Ticketing systems for tracking and resolving complaints efficiently

• Data analytics tools for analyzing complaint trends and identifying areas for improvement

I would organize my Figma file by creating separate pages for different sections, using layers and naming conventions for easy navigation.

• Create separate pages for different sections (e.g. Home, About, Contact)

• Use layers to group related elements together (e.g. header, footer, content)

• Use naming conventions for layers and artboards to easily identify and locate elements (e.g. btn-primary, img-hero)

Code to filter anagram from an array of strings

• Create a dictionary to store sorted strings as keys and original strings as values

• Iterate through the array of strings and sort each string to check for anagrams

• Return the values of the dictionary to get the filtered anagrams

The stages of AML include customer identification, customer due diligence, transaction monitoring, and reporting suspicious activity.

• Customer identification involves verifying the identity of the customer and their beneficial owner.

• Customer due diligence involves assessing the risk associated with the customer and their transactions.

• Transaction monitoring involves monitoring customer transactions for suspicious activity.

• Reporting suspicious activity involves filing a report w...read more

Reverse a string in a list of strings

• Iterate through each string in the list

• Use the built-in function to reverse each string

• Store the reversed strings in a new list

Our tech stack includes Python, SQL, Apache Spark, Hadoop, AWS, and Docker.

• Python is used for data processing and analysis

• SQL is used for querying databases

• Apache Spark is used for big data processing

• Hadoop is used for distributed storage and processing

• AWS is used for cloud infrastructure

• Docker is used for containerization

id in Python is a unique identifier assigned to an object.

• id() function returns the unique identifier of an object

• id is used to check if two variables refer to the same object

• id values are unique within the lifetime of the object

Joins in SQL are used to combine rows from two or more tables based on a related column between them.

• Joins are used to retrieve data from multiple tables based on a related column

• Types of joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN

• Example: SELECT * FROM table1 INNER JOIN table2 ON table1.column = table2.column

A method is a function that belongs to a class, while a function is a standalone block of code.

• Methods are called on objects, while functions are called independently.

• Methods have access to the data within the class they belong to, while functions do not.

• Functions can be defined outside of classes, while methods are defined within classes.