10+ Cognizant Analyst Interview Questions and Answers

Basic elements of pricing include cost, competition, value, and demand. Cost control and profitability can be improved through strategic pricing decisions.

• Cost: Consider all costs associated with producing and selling a product or service.

• Competition: Analyze the pricing strategies of competitors and adjust accordingly.

• Value: Determine the perceived value of the product or service to the customer.

• Demand: Understand the market demand for the product or service.

• Cost control: Re...read more

GAAP accounting refers to the Generally Accepted Accounting Principles, a set of standard guidelines for financial reporting in the US.

• GAAP is a set of accounting standards used in the US for preparing financial statements.

• It ensures consistency and comparability in financial reporting across different companies.

• GAAP principles cover topics such as revenue recognition, balance sheet classification, and disclosure requirements.

• Examples of GAAP-compliant financial statements in...read more

A warehouse is a large storage facility used to store goods and products for distribution or sale.

• Warehouses are used by manufacturers, wholesalers, retailers, and other businesses to store their products.

• They can be used for short-term or long-term storage, depending on the needs of the business.

• Warehouses can also be used for cross-docking, where products are quickly transferred from one truck to another for faster distribution.

• Some warehouses are fully automated, using rob...read more

Nominal accounts are temporary accounts that are closed at the end of each accounting period.

• Nominal accounts include revenue, expenses, gains, and losses.

• These accounts are used to track income and expenses for a specific period.

• At the end of the accounting period, the balances in nominal accounts are transferred to the income statement.

• Examples of nominal accounts include sales revenue, salaries expense, interest income, and rent expense.

No, partnership accounting typically follows cash basis accounting.

• Partnership accounting usually follows cash basis accounting, where income and expenses are recorded when cash is received or paid.

• Accrual basis accounting records income and expenses when they are earned or incurred, regardless of when cash is exchanged.

• However, some partnerships may choose to use accrual basis accounting for more accurate financial reporting.

• In accrual basis accounting, revenue is recognized...read more

Class is a blueprint for creating objects, while an object is an instance of a class.

• Class defines the properties and behaviors of objects, while objects are specific instances of classes.

• Classes can be thought of as templates, while objects are the actual instances created from those templates.

• An object can belong to a specific class, but a class cannot belong to an object.

• Example: Class 'Car' defines properties like color and model, while object 'myCar' is an instance of th...read more

Basic definitions with real time examples and diagrammatic representation.

• Basic definitions: An analyst is someone who examines data and provides insights or recommendations based on their findings.

• Real time examples: An analyst in finance may analyze market trends to make investment recommendations.

• Diagrammatic representation: A diagram showing the process of data analysis, from data collection to insights generation.

A pointer is a variable that stores the memory address of another variable.

• Pointers allow for dynamic memory allocation and manipulation.

• They are commonly used in programming languages like C and C++.

• Pointers can be used to pass values between functions or to access data structures.

• Example: int *ptr; ptr = # //ptr now points to the memory address of num

• Example: char *str = "Hello World"; printf("%s", str); //prints Hello World

Array is a collection of similar data types while structure is a collection of different data types.

• Arrays are used to store homogeneous data types

• Structures are used to store heterogeneous data types

• Arrays have a fixed size while structures can have varying sizes

• Arrays are accessed using index while structures are accessed using member variables

NAV is calculated by subtracting liabilities from assets and dividing by the number of outstanding shares.

• NAV = (Assets - Liabilities) / Number of Outstanding Shares

• Assets include investments, cash, and other holdings

• Liabilities include debts and other financial obligations

• Number of outstanding shares is the total number of shares issued by the fund

Delete removes specific rows while Truncate removes all rows from a table.

• Delete is a DML operation while Truncate is a DDL operation.

• Delete can be rolled back while Truncate cannot be rolled back.

• Delete operation is slower than Truncate operation.

• Delete operation does not reset the identity of the table while Truncate does.

• Example: DELETE FROM table_name WHERE condition; TRUNCATE TABLE table_name;

JVM stands for Java Virtual Machine, used to run Java applications by converting bytecode into machine code.

• JVM is responsible for executing Java bytecode and managing memory.

• It provides platform independence by converting bytecode into machine code specific to the underlying hardware.

• JVM also handles garbage collection, security, and exception handling.

• Examples of JVM implementations include Oracle HotSpot, OpenJ9, and GraalVM.

ArrayList is resizable and uses contiguous memory while LinkedList uses nodes and is best for frequent insertions/deletions.

• ArrayList is faster for accessing elements by index

• LinkedList is faster for inserting/deleting elements in the middle of the list

• ArrayList uses less memory than LinkedList for storing the same number of elements

• LinkedList is better suited for implementing a stack or queue

• Example: ArrayList arrList = new ArrayList(); LinkedList linkedList = new LinkedList...read more

SQL joins are used to combine rows from two or more tables based on a related column between them.

• SQL joins are used to retrieve data from multiple tables based on a related column between them

• Types of SQL joins include INNER JOIN, LEFT JOIN, RIGHT JOIN, and FULL JOIN

• Example: SELECT * FROM table1 INNER JOIN table2 ON table1.column = table2.column

Semantic HTML is using HTML elements to give meaning to the content, rather than just for styling purposes.

• Semantic HTML helps improve accessibility for users with disabilities by providing context and structure to the content.

• It also improves SEO as search engines can better understand the content and rank it appropriately.

• Examples of semantic HTML elements include <header>, <nav>, <article>, <section>, <footer>, <aside>, <main>, <figure>, <figcaption>.

Selenium navigation methods help automate browser interactions in web testing.

• Selenium provides methods like get(), navigate().to(), navigate().back(), navigate().forward(), navigate().refresh() for navigation

• These methods help in moving between different pages, refreshing the page, etc.

• Example: driver.get("https://www.example.com")