Wings Biotech Interview Questions and Answers

Changes in market value of securities held by the fund do not impact the NAV.

• Changes in interest rates

• Changes in foreign exchange rates

• Changes in market indices

• Changes in credit ratings of securities held

NAV stands for Net Asset Value, which is the value of a fund's assets minus its liabilities.

• NAV is used to determine the price of a mutual fund or ETF.

• It is calculated by dividing the total value of the fund's assets by the number of outstanding shares.

• NAV is important for investors to track the performance of their investments.

• For example, if a mutual fund has assets worth $100 million and 10 million shares outstanding, the NAV would be $10 per share.

Fees can be calculated based on various factors such as services provided, time spent, and materials used.

• Fees can be calculated based on hourly rates for services provided.

• Fees can also be calculated based on a flat rate for a specific service.

• Materials used can be factored into the fee calculation, including any markups for supplies.

• Additional fees may be added for special circumstances or rush orders.

Accrual journal entries are used to record revenues and expenses that have been earned or incurred, but not yet received or paid.

• Accrual journal entries are used to match revenues and expenses to the period in which they are earned or incurred, regardless of when cash is received or paid.

• Accruals are typically recorded with a debit to an expense account and a credit to a liability account.

• For example, if a company earns $1,000 of revenue in December but does not receive payme...read more

Having different product knowledge allows me to effectively supervise a diverse range of products and provide valuable guidance to team members.

• I have experience in training and educating team members on various products

• I am able to quickly learn about new products and understand their features and benefits

• I can effectively communicate product information to both customers and team members