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A journal entry for a buy transaction involves debiting the asset account and crediting the cash account.
Debit the asset account for the cost of the purchase
Credit the cash account for the amount paid
If the purchase was made on credit, credit the accounts payable account instead of cash
Example: Debit Equipment for $10,000 and credit Cash for $10,000
Incentive fees are calculated based on a percentage of the profits earned by the investment manager.
Incentive fees are typically calculated as a percentage of the profits earned by the investment manager
The percentage charged can vary depending on the terms of the agreement between the investment manager and the client
For example, if the investment manager earns a profit of $100,000 and the agreed-upon incentive fee is...
I applied via Referral and was interviewed before Nov 2022. There were 5 interview rounds.
I applied via LinkedIn and was interviewed before Aug 2022. There were 4 interview rounds.
Logistic Regression is a statistical method used to predict the probability of a binary outcome based on one or more predictor variables.
Logistic Regression is used when the dependent variable is binary (e.g. 0 or 1, Yes or No).
It estimates the probability that a given outcome is true based on input variables.
It uses a logistic function to model the relationship between the dependent variable and independent variables.
...
BNY interview questions for designations
I applied via Recruitment Consulltant and was interviewed before Mar 2023. There were 2 interview rounds.
Hacker rank test will be conducted first
Get interview-ready with Top BNY Interview Questions
I applied via Company Website and was interviewed before May 2022. There were 3 interview rounds.
Separate negative and positive numbers in O(n) space and time complexity
Angular uses various techniques for communication between components.
Input and Output decorators for parent-child communication
EventEmitter for custom events
Services for sharing data between unrelated components
RxJS for reactive programming and observables
ViewChild and ContentChild for accessing child components
Secure access to page in Angular can be implemented using route guards.
Route guards can be used to restrict access to certain pages based on user authentication and authorization.
AuthGuard can be used to check if the user is authenticated before allowing access to a page.
RoleGuard can be used to check if the user has the necessary role to access a page.
CanActivateChild can be used to restrict access to child routes.
Can...
I applied via Naukri.com and was interviewed before Sep 2022. There were 2 interview rounds.
The golden rules are fundamental principles or guidelines that should be followed for success or ethical behavior.
Golden rules are universal and timeless.
They are often based on moral or ethical values.
Examples include 'treat others as you want to be treated' and 'do unto others as you would have them do unto you.'
The duration of BNY Senior Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
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