Bonds India Interview Questions and Answers

A casual GD among 6-8 candidates on basics of Bonds.

Q1. Journal Entry for Bonds
Ans. 
Journal entry for bonds involves recording the issuance, interest expense, and amortization of premium or discount.
• Record issuance of bonds at face value or at a premium/discount

• Debit cash and credit bonds payable for issuance

• Record interest expense and payment

• Amortize premium or discount using effective interest method

• Adjust carrying value of bonds payable accordingly
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Q1. How much years of experience
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Q2. How good you are interested sales
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Q1. What are test cases?
Ans. 
Test cases are scenarios or conditions used to validate the functionality of a software application.
• Test cases are designed to verify that the software meets the specified requirements.

• They consist of inputs, actions, and expected outcomes.

• Examples include testing login functionality with valid and invalid credentials, testing calculations in a financial application, and testing error handling scenarios.
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Q2. What are test plan
Ans. 
Test plan is a document outlining the scope, approach, resources, and schedule of testing activities.
• Defines the objectives and scope of testing

• Outlines the testing approach and methodologies to be used

• Specifies the resources required for testing

• Includes the schedule of testing activities

• Identifies the risks and mitigation strategies

• Provides a framework for tracking and reporting test results
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Q3. What is role of project manager?
Ans. 
Project managers are responsible for planning, executing, and closing projects within specific constraints.
• Responsible for defining project scope, goals, and deliverables

• Developing project plans and timelines

• Assigning tasks and managing resources

• Monitoring progress and addressing issues

• Ensuring project is completed on time and within budget

• Communicating with stakeholders and team members

• Risk management and quality cont
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Q4. What is the role of scrum master?
Ans. 
Scrum Master is responsible for facilitating the Scrum process and ensuring the team follows Agile principles.
• Facilitates Scrum ceremonies such as daily stand-ups, sprint planning, sprint review, and sprint retrospective

• Removes impediments for the team to help them meet their sprint goals

• Coaches the team on Agile principles and practices

• Acts as a servant leader, supporting the team and promoting a collaborative environ...read more
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Q5. What are scrum ceramonies?
Ans. 
Scrum ceremonies are regular meetings and events in the Scrum framework to facilitate communication, collaboration, and alignment within the team.
• Scrum ceremonies include Sprint Planning, Daily Standup, Sprint Review, and Sprint Retrospective.

• Sprint Planning is where the team plans the work to be done in the upcoming sprint.

• Daily Standup is a short daily meeting where team members discuss what they did yesterday, what ...read more
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