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Kalpita Technologies Interview Questions and Answers

Updated 25 Nov 2024
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Q1. How many models are there in demand and forecast planning

Ans.

There are typically multiple models used in demand and forecast planning, such as statistical models, machine learning models, and simulation models.

  • Statistical models

  • Machine learning models

  • Simulation models

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Q2. Complete process of collection and account receivable

Ans.

The process of collection and account receivable involves tracking and collecting payments from customers.

  • Invoicing customers for goods or services provided

  • Tracking payments received and outstanding balances

  • Following up with customers on overdue payments

  • Recording payments in accounting software

  • Reconciling accounts receivable with general ledger

  • Preparing aging reports to monitor overdue payments

  • Working with collections agencies or legal counsel for delinquent accounts

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Q3. How we can forecast numbers without sales history

Ans.

Forecasting numbers without sales history requires alternative data sources and predictive modeling.

  • Utilize market research and industry trends to estimate potential sales.

  • Analyze customer demographics and behavior to make educated predictions.

  • Use data from similar products or services to create a baseline forecast.

  • Implement predictive modeling techniques such as regression analysis or machine learning algorithms.

  • Consider external factors like economic conditions or competito...read more

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Q4. What will you do in case of escalation

Ans.

I will assess the situation, gather information, and involve relevant stakeholders to resolve the issue promptly.

  • Listen to the customer's concerns and empathize with their situation.

  • Gather all relevant information and assess the severity of the issue.

  • Involve relevant stakeholders such as supervisors, managers, or technical experts to resolve the issue promptly.

  • Communicate the progress and resolution to the customer and ensure their satisfaction.

  • Document the issue and resoluti...read more

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Q5. What are accruals in finance ?

Ans.

Accruals are expenses incurred but not yet paid or revenue earned but not yet received.

  • Accruals are a type of accounting adjustment that records expenses or revenues that have been incurred but not yet paid or received.

  • They are used to ensure that financial statements accurately reflect the financial position of a company.

  • Examples of accruals include salaries owed to employees at the end of a pay period, but not yet paid, or revenue earned from a sale that has not yet been re...read more

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Q6. Ongoing project on demand and forecast planning

Ans.

Demand and forecast planning is an ongoing project that involves predicting future demand for products or services.

  • Utilize historical data to analyze trends and patterns in demand

  • Collaborate with sales and marketing teams to gather insights on upcoming promotions or campaigns

  • Implement forecasting models such as time series analysis or machine learning algorithms

  • Regularly review and adjust forecasts based on new information or changes in market conditions

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Q7. what is accrual

Ans.

Accrual is the process of recognizing revenue or expenses when they are incurred, regardless of when payment is received or made.

  • Accrual accounting is the opposite of cash accounting

  • Accruals are recorded as adjusting entries in the financial statements

  • Examples of accruals include salaries owed to employees, interest on loans, and taxes owed

  • Accruals help provide a more accurate picture of a company's financial health

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Interview Process at Kalpita Technologies

based on 27 interviews
3 Interview rounds
Resume Shortlist Round
One-on-one Round
HR Round
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