Citco Pricing Specialist Interview Questions and Answers

There were journal entries questions

Q1. What is hedge fund?
Ans. 
A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets.
• Hedge funds are typically only accessible to accredited investors due to their high-risk, high-reward nature.

• They often use leverage and derivatives to amplify returns.

• Hedge funds charge both a management fee and a performance fee based on the fund's profits.

• Examples of hedge f...read more
Answered by AI
Add your answer
Q2. What are accrual entries?
Ans. 
Accrual entries are accounting entries made to record revenue or expenses that have been earned or incurred, but have not yet been received or paid.
• Accrual entries are used to match revenues and expenses to the period in which they are earned or incurred, regardless of when the cash is actually received or paid.

• They involve debiting an expense account and crediting a liability account for expenses incurred but not yet ...read more
Answered by AI
Add your answer

Online test. If passed you'll get managerial interview call

Q1. Basic question, Hegde fund, types
Add your answer
Q2. Fund accounting,
Add your answer