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Finance is the management of money and investments.
Finance involves managing money and investments to achieve financial goals.
It includes activities such as budgeting, investing, and financial analysis.
Examples of finance include personal finance, corporate finance, and public finance.
Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.
It involves keeping track of financial transactions such as sales, purchases, and payments
It helps in preparing financial statements such as balance sheets, income statements, and cash flow statements
It provides information to stakeholders such as investors, cred...
Costing is the process of determining the expenses incurred in producing a product or service.
It involves identifying and calculating all the costs associated with the production process.
Costing helps in determining the selling price of a product or service.
There are different methods of costing such as job costing, process costing, and activity-based costing.
Examples of costs include direct materials, direct labor, an...
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I applied via Naukri.com and was interviewed before Nov 2020. There were 3 interview rounds.
Cognos deployment process involves planning, testing, and executing the deployment of Cognos software to production environment.
The deployment process should be planned carefully to avoid any issues during the deployment.
Testing should be done in a non-production environment to ensure that the deployment is successful.
The deployment should be executed in a phased manner to minimize downtime and ensure that the system i...
I applied via Naukri.com and was interviewed before Jun 2020. There were 4 interview rounds.
Other approaches to the same job could include automation, outsourcing, or reorganizing the team.
Automation: Implementing technology to streamline processes and reduce manual labor.
Outsourcing: Hiring a third-party company to handle certain tasks or responsibilities.
Reorganizing the team: Restructuring roles and responsibilities to optimize efficiency and productivity.
Example: Automating inventory management to reduce ...
posted on 15 Dec 2020
Collecting payments from individual customers involves various methods and strategies.
Offer multiple payment options such as credit/debit cards, online payments, and cash
Send timely reminders and follow-up emails/calls to customers with outstanding payments
Implement a clear and concise payment policy to avoid confusion and disputes
Consider offering discounts or incentives for early payments or bulk purchases
Utilize a r...
I applied via Walk-in and was interviewed before Jun 2020. There were 3 interview rounds.
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Bajaj Finserv
Wells Fargo
JPMorgan Chase & Co.
HSBC Group