Cognizant Analyst Interview Questions, Process, and Tips

Q1. What is the accounting rule for nominal account
Ans. 
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 inc
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Q2. Partnership accounting follows accrual basis accounting?
Ans. 
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 re...read more
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Q3. How was NAV calculated
Ans. 
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
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Q4. What is the GAAP accounting and where it applicable
Ans. 
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 requi...read more
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GOOD EXPERIENCE - 10 MIN INTERVIEW

EASY EXPERIENCE - 10 MIN INTERVIEW JAVA REALETD

Q1. INRODUCE YOURSLEF
Ans. 
I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
• Experienced in data analysis and interpretation

• Skilled in using various analytical tools and software

• Strong attention to detail and accuracy in work

• Excellent problem-solving skills
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Q2. FAMILY BACKGROUND
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Artifical Intelligence

Maths, englkisg, coding

Abap, python, hard ques

It was based on quantitative and cognitive round.

SQL, Java/Python/C# coding questions and machine coding round

Q1. Tell me about yourself.
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Q2. Explain semantic HTML

Ans. 

Semantic HTML is using HTML elements to give meaning to the content on a webpage.

• Semantic HTML helps improve accessibility for users with disabilities.

• It also improves SEO by providing search engines with better context for the content.

• Examples of semantic HTML elements include

  ,

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