Conduent Financial Associate Interview Questions and Answers

An aptitude test is beneficial for assessing knowledge.

Q1. What is the process for preparing a balance sheet and a profit and loss account?
Ans. 
The process for preparing a balance sheet and a profit and loss account involves gathering financial data, organizing it into categories, calculating totals, and analyzing the results.
• Gather financial data including assets, liabilities, and equity for the balance sheet.

• Organize the data into categories such as current assets, fixed assets, current liabilities, etc.

• Calculate totals for each category to determine the ove...read more
Answered by AI
Add your answer
Q2. What is the process for preparing a revenue account?
Ans. 
The process for preparing a revenue account involves recording all income earned by a business during a specific period.
• Gather all relevant financial documents such as sales invoices, receipts, and bank statements.

• Calculate the total revenue earned by adding up all income sources.

• Record the revenue in the appropriate accounting software or ledger.

• Ensure all revenue is accurately categorized and any adjustments are made...read more
Answered by AI
Add your answer

Financial Accounts

Q1. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of an asset.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Example: A company purchases a delivery truck for $50,000 with a...read more
Answered by AI
Add your answer

Q1. Tell me about yourself
Ans. 
Experienced financial analyst with a strong background in budgeting, forecasting, and financial modeling.
• Over 5 years of experience in financial analysis

• Proficient in Excel, financial software, and data analysis

• Strong analytical skills and attention to detail

• Managed budgeting process for a Fortune 500 company

• Developed complex financial models to support strategic decision-making
Answered by AI
Add your answer

Q1. Tell me about yourself
Add your answer
Q2. How can you good fit for this role?
Add your answer

Q1. How do you handle difficult situations? Stress?
Add your answer
Q2. Walk me through your CV
Add your answer

Q1. Whats a P&L? what parts?
Ans. 
P&L stands for Profit and Loss statement, which shows a company's revenues, expenses, and profits over a specific period of time.
• P&L statement is also known as income statement.

• It includes revenues, cost of goods sold, gross profit, operating expenses, net income, and earnings per share.

• It helps investors and analysts evaluate a company's financial performance.

• Example: A company's P&L statement shows $100,000 in revenu...read more
Answered by AI
Add your answer
Q2. Explain what a balance sheet is? Why is it used?
Ans. 
A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time.
• A balance sheet is used to show what a company owns (assets), what it owes (liabilities), and the amount invested by shareholders (equity).

• It helps investors, creditors, and analysts assess the financial health and stability of a company.

• The balance sheet follows the...read more
Answered by AI
Add your answer
Q3. Calculate value of bonds/stocks
Ans. 
Calculate the value of bonds/stocks based on market conditions and financial metrics.
• Determine the current market price of the bond/stock

• Calculate the present value of future cash flows using appropriate discount rate

• Consider any additional factors such as risk premium or growth rate

• Use financial models like discounted cash flow (DCF) analysis or dividend discount model (DDM)

• Compare the calculated value with the market
Answered by AI
Add your answer

Q1. Why should u hirid you
Add your answer

Q1. About your self
Add your answer

Q1. Technical question
Add your answer