Coface India Credit Management Services Interview Questions, Process, and Tips

The stages of project completion include initiation, planning, execution, monitoring and controlling, and closure.

• Initiation: Defining the project's objectives, scope, and stakeholders.

• Planning: Developing a detailed project plan, including tasks, resources, and timelines.

• Execution: Carrying out the project plan and completing the deliverables.

• Monitoring and Controlling: Tracking progress, managing risks, and making ne...read more

The number of documents required for a Business Analyst varies depending on the project and organization.

• The number of documents required for a Business Analyst can range from a few to several dozen, depending on the complexity of the project.

• Common documents for a Business Analyst include requirements documents, business process diagrams, use cases, functional specifications, and test plans.

• The number of documents may...read more

Business analyst deliverables are the outputs produced as a result of their analysis and research to support decision-making and improve business processes.

• Creating business requirements documents (BRDs)

• Developing functional specifications

• Conducting gap analysis

• Preparing process maps and workflows

• Providing recommendations for process improvements

• Facilitating communication between stakeholders

• Conducting cost-benefit ana

Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions.

• Accounting involves recording financial transactions of a business or organization.

• It includes summarizing the recorded transactions to create financial statements.

• Analysis of financial data is done to interpret the financial health of the entity.

• Reporting involves presenting the financial information to stakeholders.

• Ex...read more

Cash book records all cash transactions, while BRS reconciles bank statement with cash book.

• Cash book records all cash receipts and payments made by the company.

• BRS (Bank Reconciliation Statement) is prepared to reconcile the bank statement with the cash book.

• Discrepancies between the cash book and bank statement are identified and resolved through BRS.

• Cash book is maintained by the company, while BRS is prepared by th...read more

Rules of accounting are principles and guidelines that companies must follow when preparing financial statements.

• Accounting equation must always be in balance: Assets = Liabilities + Equity

• Revenue recognition principle: Revenue should be recorded when it is earned, not when cash is received

• Matching principle: Expenses should be recorded in the same period as the revenue they helped generate

• Conservatism principle: When ...read more