CNK & Associates Interview Questions and Answers

Q1. Can you describe your professional experiences?
Ans. 
I have over 10 years of experience in digital transformation consulting, working with various industries to drive innovation and improve processes.
• Led digital transformation projects for Fortune 500 companies

• Implemented cloud-based solutions to streamline operations

• Developed strategies for integrating emerging technologies like AI and IoT

• Collaborated with cross-functional teams to drive change and adoption

• Provided trai...read more
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Q2. CTC?
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Q1. Could you provide an overview of your experiences?
Ans. 
I have over 10 years of experience in digital transformation consulting for various industries.
• Led digital transformation projects for Fortune 500 companies

• Implemented cloud-based solutions to streamline operations

• Developed digital strategies to enhance customer experience

• Utilized data analytics to drive decision-making

• Trained teams on new technologies and processes
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Q2. Are you ready to travel?
Ans. 
Yes, I am ready to travel for client meetings, workshops, and project implementations.
• I am willing to travel domestically and internationally as required

• I have experience in traveling for client meetings, workshops, and project implementations

• I am flexible with travel schedules and can adapt to different time zones

• I understand the importance of face-to-face interactions in consulting projects
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Q3. What was the short case study provided to you, and how did you approach solving it?
Ans. 
The case study involved implementing a digital transformation strategy for a retail company.
• Conducted a thorough analysis of the current systems and processes in place

• Identified key areas for improvement such as customer experience, inventory management, and supply chain optimization

• Developed a comprehensive digital transformation roadmap with clear goals and milestones

• Implemented new technologies such as AI-powered ch...read more
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Q1. What insights can you provide from your case study on Digital Transformation?
Ans. 
Insights from a case study on Digital Transformation
• Successful digital transformation requires strong leadership and clear vision

• Effective communication and collaboration across all levels of the organization are crucial

• Continuous monitoring and adaptation to changing technologies and market trends is essential
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Q2. Shared acreen to share my approach
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Q1. Negotiation on CTC
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Q1. Introduction, audit, give me a one liner on audit
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Q2. Land tax rate , various journal like journal for depreciation
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Q3. Prepaid expenses comes in where
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Q4. What is p/l and b/s
Ans. 
P/L stands for profit and loss, which shows the financial performance of a company over a specific period. B/S stands for balance sheet, which provides a snapshot of a company's financial position at a specific point in time.
• P/L (Profit and Loss) shows the revenue, expenses, and profits or losses of a company over a specific period.

• B/S (Balance Sheet) shows the assets, liabilities, and equity of a company at a specific...read more
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Q5. This question is not asked but it may in future - accured, deferred, amortization
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Q1. Can you provide details about yourself and your experience with field work?
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Q2. What is your previous experience in the development sector?
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Q1. How would you describe your fieldwork experience, particularly in terms of identifying issues with Self-Help Groups (SHGs) during your village fieldwork segment?
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Tds & gst journal entries and due dates were asked

Q1. Salary expectations
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Q2. Work experience
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Q3. If the location is comfortable or not
Ans. 
Yes, the location is comfortable with spacious workstations and natural lighting.
• Spacious workstations provide ample room to work comfortably

• Natural lighting creates a pleasant work environment

• Accessible amenities such as restrooms, kitchen, and parking contribute to comfort
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Q1. Due dates of tds & gst
Ans. 
TDS due date is 7th of the following month, GST due date is 20th of the following month.
• TDS payment due date is 7th of the following month after deduction.

• GST payment due date is 20th of the following month for regular taxpayers.

• For taxpayers with turnover exceeding Rs. 5 crore, GST due date is 20th of the next month for GSTR-3B and 24th for GSTR-1.

• Late payment of TDS attracts interest at 1.5% per month or part thereof...read more
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Q2. Journal entries
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Q3. Excel related questions
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