40+ Interview Questions and Answers

Capital market is a financial market where long-term securities like stocks and bonds are bought and sold. Derivatives are financial instruments derived from an underlying asset.

• Capital market is a market for long-term securities like stocks and bonds

• It facilitates the buying and selling of financial instruments with long maturities

• Derivatives are financial instruments derived from an underlying asset

• They derive their value from an underlying asset like stocks, bonds, commodi...read more

Depreciation is necessary to allocate the cost of an asset over its useful life.

• Depreciation helps in matching the cost of an asset with the revenue it generates.

• It allows for the recognition of the wear and tear, obsolescence, and loss of value of assets over time.

• Depreciation expense reduces taxable income, resulting in tax savings for companies.

• It helps in determining the true profitability and financial position of a company.

• Depreciation is required by accounting standard...read more

Technical interview questions on Java and Springboot

• To override a constructor, create a new constructor with the same name and parameters in the subclass

• Hashcode and equals are methods used for comparing objects in Java. Hashcode returns an integer value while equals returns a boolean value

• Comparator is used to sort objects based on custom criteria. It is used when the natural ordering of objects is not suitable

• Consumer and producer problem can be solved using a blocking queu...read more

Different types of detection logic in SCCM include file system detection, registry detection, and WMI detection.

• File system detection: Checks for the existence of a file or folder on the target system.

• Registry detection: Checks for a specific registry key or value on the target system.

• WMI detection: Uses Windows Management Instrumentation to query information from the target system.

• Custom script detection: Allows for the execution of a custom script to determine if a conditio...read more

Yes, completing the 1st technical round successfully increases the chances of being selected for the Senior Associate position.

• Success in the 1st technical round demonstrates your technical skills and knowledge.

• It shows your ability to meet the requirements of the role.

• However, final selection may also depend on performance in subsequent rounds and overall fit with the team and organization.

• For example, if you excel in the 1st round but struggle in the following rounds, it ma...read more

Yes, I am flexible to work any shift, location, and mode of transportation.

• I am willing to work any shift, whether it be day, night, or weekends.

• I am open to working in any location, whether it be local or remote.

• I am comfortable using any mode of transportation to commute to work, such as driving, public transportation, or biking.

• For example, I have previously worked night shifts, commuted to different office locations, and used public transportation to get to work.

Reconciliation is the process of comparing two sets of records to ensure they are in agreement.

• Reconciliation involves identifying discrepancies between the two sets of records.

• It is often performed in accounting to ensure financial transactions are accurately recorded.

• Reconciliation can be done manually or using software tools.

• Examples include bank reconciliation, where a company compares its internal financial records with those of the bank.

• Another example is inventory reco...read more

An invoice copy typically includes information such as the billing address, payment due date, itemized list of products or services, quantities, prices, and total amount due.

• Billing address of the customer

• Payment due date

• Itemized list of products or services

• Quantities of each item

• Prices of each item

• Total amount due

• Invoice number

• Date of issue

• Terms of payment

A debit note is a document sent by a buyer to a seller, indicating that the buyer is returning goods or services and requesting a credit note.

• A debit note is used to notify the seller of a return or adjustment to an invoice

• It includes details such as the reason for the return, the quantity and price of the goods or services being returned, and the total amount being debited

• The seller can then issue a credit note to the buyer, which serves as a receipt for the returned goods o...read more

The entry for goods purchase involves debiting the inventory account and crediting the accounts payable account.

• Debit the inventory account to increase the asset value

• Credit the accounts payable account to show the liability

• Example: Debit Inventory $10,000, Credit Accounts Payable $10,000

Creating an application in Intune involves uploading the app package, configuring deployment settings, and assigning the app to users or devices.

• Upload the app package to Intune

• Configure deployment settings such as installation behavior and app availability

• Assign the app to users or devices for installation

2 way match involves matching the invoice with the purchase order, while 3 way match involves matching the invoice with the purchase order and the receiving report.

• 2 way match involves matching the invoice with the purchase order only

• 3 way match involves matching the invoice with the purchase order and the receiving report

• 2 way match helps in verifying the accuracy of the invoice against the purchase order

• 3 way match adds an additional step of verifying the receipt of goods b...read more

P2P cycle refers to the Procure-to-Pay cycle, which is the process of requisitioning, purchasing, receiving, paying for, and accounting for goods and services.

• Requisitioning: Identifying the need for goods or services

• Purchasing: Selecting a vendor and negotiating terms

• Receiving: Accepting and verifying the goods or services

• Paying for: Processing invoices and making payments

• Accounting: Recording transactions and reconciling accounts

Vlookup formula is used to search for a value in the first column of a range and return a value in the same row from another column.

• Use the VLOOKUP function in Excel or Google Sheets

• Specify the lookup value, table array, column index number, and range lookup (exact match or approximate match)

• Example: =VLOOKUP(A2, Sheet2!A:B, 2, FALSE) will search for the value in cell A2 in the first column of Sheet2 and return the corresponding value from the second column

A PO or Purchase Order typically includes details such as product or service description, quantity, price, delivery date, payment terms, and vendor information.

• Product or service description

• Quantity

• Price

• Delivery date

• Payment terms

• Vendor information

The invoice process is going smoothly and efficiently.

• We have implemented an automated system for invoice processing.

• All invoices are now being received and processed electronically.

• We have also established clear guidelines for invoice approval and payment.

• As a result, we have seen a significant reduction in errors and delays in the process.

My expected CTC is based on my experience, skills, and the market rate for Senior Associates in this industry.

• Research the average salary range for Senior Associates in the industry

• Consider my years of experience and relevant skills

• Factor in any additional benefits or perks offered by the company

• Be prepared to negotiate based on the overall compensation package

WeakHashMap is a type of HashMap in Java that allows garbage collection of its keys.

• WeakHashMap is used when we want to associate additional data with an object without affecting its garbage collection.

• It is not suitable for caching purposes as the keys can be removed at any time by the garbage collector.

• WeakHashMap is slower than HashMap due to the extra work required for garbage collection.

• Example: Storing additional data about a user object in a WeakHashMap.

• Example: Cachin...read more

Use the keySet() method to get all keys from a HashMap.

• Use the keySet() method of the HashMap class to get a set of all keys.

• Convert the set of keys to an array of strings if needed.

SQL is a query language used to manage databases, PL/SQL is Oracle's procedural extension to SQL, and Fusion Cloud is Oracle's cloud-based enterprise resource planning software.

• SQL is a standard language for managing relational databases

• PL/SQL is Oracle's procedural extension to SQL, allowing for more complex programming within the database

• Fusion Cloud is Oracle's cloud-based enterprise resource planning software, offering various business applications and services

Depreciation is for tangible assets like buildings and machinery, while amortization is for intangible assets like patents and copyrights.

• Depreciation is the allocation of the cost of tangible assets over their useful life.

• Amortization is the allocation of the cost of intangible assets over their useful life.

• Depreciation is typically used for assets like buildings, machinery, and vehicles.

• Amortization is typically used for assets like patents, copyrights, and trademarks.

Procurement is the process of obtaining goods or services from external sources.

• Procurement involves sourcing, purchasing, and negotiating contracts for goods or services.

• It includes activities such as supplier selection, price negotiation, and contract management.

• Examples of procurement include buying raw materials for manufacturing, hiring contractors for services, and purchasing office supplies.

Golden rules of accounting are basic principles to maintain accurate financial records.

• Debit the receiver, credit the giver

• Debit what comes in, credit what goes out

• Debit all expenses and losses, credit all incomes and gains

Autopilot enrollment procedure involves registering for the service and setting up preferences.

• Register for Autopilot service online or through a Tesla account

• Provide necessary information such as contact details and payment method

• Select preferences for Autopilot features like lane-keeping assist and adaptive cruise control

• Complete any required training or verification process

• Start using Autopilot once enrollment is confirmed

Queries in SCCM are used to retrieve information from the database based on specified criteria.

• Queries in SCCM can be used to gather information about hardware inventory, software inventory, compliance status, etc.

• Queries can be created using SQL-like syntax in the SCCM console.

• Queries can be saved and reused for reporting or targeting specific groups of devices.

• Examples of queries include finding all devices with a specific software installed or identifying devices with low ...read more

A pre-approved invoice is an invoice that has been reviewed and approved for payment before the goods or services are delivered.

• Pre-approved invoices help streamline the payment process by ensuring that all necessary approvals are in place before the invoice is submitted.

• They can help prevent delays in payment and improve cash flow for the vendor.

• Examples of pre-approved invoices include recurring monthly expenses like rent or utilities.

• Pre-approved invoices may also be used ...read more

A non PO invoice is an invoice that does not have a purchase order associated with it.

• Non PO invoices are typically used for one-time purchases or services.

• They are often used for urgent or emergency purchases.

• Non PO invoices may require additional approval processes compared to PO invoices.

• Examples include utility bills, travel expenses, and office supplies.

SQL, PL/SQL, and cloud computing technologies used together for database management and development.

• SQL (Structured Query Language) is used for managing and querying databases.

• PL/SQL (Procedural Language/SQL) is an extension of SQL used for programming within Oracle databases.

• Cloud computing technologies like AWS, Azure, or Google Cloud can be used to host databases and applications.

• SQL and PL/SQL can be used in cloud environments to manage and develop database applications e...read more

Po is a term used in finance to refer to a company's outstanding shares of common stock.

• Po stands for 'public offering' in finance.

• It represents the total number of shares of a company's stock that are held by investors.

• Po can also refer to 'price per share' in some contexts.

• Example: The company has a Po of 10 million shares.

• Example: The Po of the stock is $50 per share.

Prepaid accrued income expenses are expenses that have been paid in advance but have not yet been incurred.

• Prepaid rent

• Prepaid insurance

• Prepaid advertising

• Prepaid subscriptions

Streams are used to process collections of objects in a functional style, while parallel streams allow for concurrent processing.

• Streams are sequential and process elements one by one, while parallel streams split the data into multiple parts and process them concurrently.

• Parallel streams can improve performance for large datasets by utilizing multiple threads for processing.

• Example: Using a stream to filter a list of numbers vs using a parallel stream to filter the same list...read more

P2P Process stands for Procure-to-Pay Process, which involves the steps from requisitioning goods/services to making payment.

• P2P Process starts with a purchase requisition being created by the requester.

• The requisition is then approved by the appropriate authority.

• Once approved, a purchase order is generated and sent to the supplier.

• Goods/services are received and inspected by the requester.

• An invoice is received from the supplier and matched with the purchase order and goods...read more

The accounting process involves recording, summarizing, analyzing, and reporting financial transactions of a business.

• Recording transactions: Documenting all financial activities of the business.

• Summarizing data: Organizing and categorizing transactions into financial statements.

• Analyzing financial information: Evaluating the data to make informed business decisions.

• Reporting results: Communicating the financial health of the business to stakeholders.

• Example: Recording sales ...read more

T-codes are transaction codes used in SAP to access various functions and modules.

• T-code SE38 is used for ABAP editor

• T-code MM01 is used for creating a material master record

• T-code VA01 is used for creating a sales order

• T-code FBL3N is used for displaying GL account line items

• T-code ME21N is used for creating a purchase order

Co-management feature allows multiple healthcare providers to collaborate on patient care.

• Enables sharing of patient information and treatment plans between different providers

• Improves coordination of care and communication among healthcare team members

• Enhances efficiency and quality of patient care by leveraging expertise of multiple providers

HashMap is a data structure that stores key-value pairs and uses hashing to quickly retrieve values based on keys.

• HashMap internally uses an array of linked lists to store key-value pairs.

• When a key-value pair is added, the key is hashed to determine the index in the array where the pair will be stored.

• If multiple keys hash to the same index, a collision occurs and the pairs are stored in a linked list at that index.

• To retrieve a value, the key is hashed again to find the ind...read more

The expectation for the salary range is typically discussed during the interview process.

• Discussing salary expectations is a common part of the interview process

• Research the average salary range for the position in the industry

• Be prepared to negotiate based on your experience and qualifications

An abstract class in Java is a class that cannot be instantiated and is used as a blueprint for other classes to inherit from.

• Cannot be instantiated directly

• Can have abstract methods that must be implemented by subclasses

• Can have non-abstract methods that can be inherited by subclasses

DDLC is a visual novel game while MSTP is a medical program for aspiring physician-scientists.

• DDLC stands for Doki Doki Literature Club, a popular visual novel game that gained a cult following for its unique storytelling and psychological horror elements.

• MSTP stands for Medical Scientist Training Program, a combined MD-PhD program designed for students interested in pursuing a career as physician-scientists.

• DDLC and MSTP are two completely different things with no relation t...read more

Polymorphism in Java allows objects of different classes to be treated as objects of a common superclass.

• Polymorphism is achieved through method overriding and method overloading.

• Method overriding allows a subclass to provide a specific implementation of a method that is already provided by its superclass.

• Method overloading allows multiple methods with the same name but different parameters to coexist in the same class.

• Polymorphism helps in achieving flexibility and extensibi...read more