80+ Conduent Interview Questions and Answers

Credit cards allow you to borrow money while debit cards use your own funds.

• Credit cards have a credit limit while debit cards have a balance limit

• Credit cards charge interest on unpaid balances while debit cards do not

• Credit cards offer rewards and cashback while debit cards do not always offer these benefits

• Credit cards can help build credit history while debit cards do not affect credit score

Banking involves financial transactions, loans, investments, and other financial services.

• Banks accept deposits from customers and use that money to make loans to other customers.

• They offer various types of accounts such as savings, checking, and money market accounts.

• Banks also provide services such as credit cards, mortgages, and investment opportunities.

• They are regulated by government agencies such as the Federal Reserve and FDIC.

• Examples of banks include JPMorgan Chase, ...read more

Accounts receivable are amounts owed by customers for goods or services already delivered. Bills receivable are written promises to pay at a future date.

• Accounts receivable are generated from sales transactions.

• Bills receivable are generated from loan transactions.

• Accounts receivable are short-term and due within a year.

• Bills receivable are long-term and due after a year.

• Accounts receivable are unsecured debts.

• Bills receivable are secured debts.

• Examples of accounts receivable...read more

Vlookup is a function in Excel used to search for a specific value in a table and return a corresponding value.

• Vlookup stands for 'Vertical Lookup'

• It is used to search for a specific value in the first column of a table and return a corresponding value from a specified column

• It is commonly used in accounting and finance for tasks such as matching invoices to purchase orders

• Syntax: =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

• Example: =VLOOKUP(A2, B2:C10, ...read more

The golden rules of accounting are: debit the receiver, credit the giver, and maintain the balance sheet equation.

• Debit the receiver and credit the giver is the first golden rule of accounting.

• The second golden rule is to maintain the balance sheet equation, which is Assets = Liabilities + Equity.

• Invoicing is the process of billing customers for goods or services provided.

• Debt is the amount of money owed by a company to its creditors or lenders.

• Proper invoicing and debt manag...read more

As a Technical Lead Engineer, I lead the data analytics team and work on key metrics such as user engagement and revenue growth.

• Lead the data analytics team to develop and implement data-driven strategies

• Analyze user behavior and engagement to optimize product features

• Track revenue growth and identify opportunities for monetization

• Collaborate with cross-functional teams to drive business decisions based on data insights

Investigate and resolve the issue to prevent server downtime.

• Check server logs for any errors or warnings

• Identify the process or application causing high memory usage

• Optimize the code or increase server memory if necessary

• Monitor server performance to ensure issue is resolved

• Notify relevant stakeholders of the issue and resolution

Golden rules for Accounts Payable process with examples

• Ensure accuracy of data entry and documentation

• Verify invoices against purchase orders and receipts

• Match invoices to correct GL accounts

• Pay invoices on time to avoid late fees and maintain good vendor relationships

• Maintain proper records and documentation for audits

• Example: Verify that the invoice amount matches the purchase order and receipt before processing payment

• Example: Ensure that invoices are coded to the correct ...read more

I am suitable for this opening because of my strong analytical skills, process improvement experience, and ability to work well in a team.

• I have a proven track record of analyzing complex processes and identifying areas for improvement.

• I have successfully implemented process improvements in my previous role, resulting in increased efficiency and cost savings.

• I am highly skilled in data analysis and have experience using various tools and techniques to identify trends and patt...read more

Root cause analysis is a problem-solving technique to identify the underlying cause of an issue. SAP entry of accounts payable is the process of recording and managing the company's financial obligations.

• Root cause analysis involves identifying the problem, gathering data, analyzing the data, identifying the root cause, and implementing a solution.

• SAP entry of accounts payable involves recording and managing the company's financial obligations, including invoices, payments, a...read more

A credit note is a document issued by a seller to a buyer, indicating that a certain amount has been credited to the buyer's account. A credit sale is a transaction in which the buyer is allowed to pay for goods or services at a later date.

• A credit note is issued when a buyer returns goods or services, or when there is an overpayment or error in the original invoice.

• A credit sale is a sale in which the buyer is allowed to pay for goods or services at a later date, usually wit...read more

Depreciation journal entry is a debit to Depreciation Expense and a credit to Accumulated Depreciation.

• Debit Depreciation Expense account for the amount of depreciation expense

• Credit Accumulated Depreciation account for the same amount

• Depreciation Expense is an income statement account while Accumulated Depreciation is a balance sheet account

• Depreciation is recorded to allocate the cost of a long-term asset over its useful life

Financial statements are reports that show the financial performance of a company.

• There are three main financial statements: balance sheet, income statement, and cash flow statement.

• The balance sheet shows the company's assets, liabilities, and equity at a specific point in time.

• The income statement shows the company's revenue, expenses, and net income over a period of time.

• The cash flow statement shows the company's inflows and outflows of cash over a period of time.

• Financia...read more

The journal entry to increase stock is a debit to the stock account and a credit to the cash or accounts payable account.

• Debit the stock account

• Credit the cash or accounts payable account

• Increase in stock is recorded as an increase in assets

• The journal entry will depend on the method of stock issuance (e.g. par value, no par value, etc.)

Different file formats, REST vs SOAP, and protocols used in integrations

• File formats: JSON, XML, CSV, Excel, PDF

• REST vs SOAP: REST is lightweight, uses standard HTTP methods, stateless; SOAP is protocol-based, uses XML, more secure

• Protocols: HTTP, HTTPS, FTP, SFTP, SMTP, TCP/IP

Yes, metadata of a document can change when editing a document.

• Metadata such as author, date modified, and file size can change when editing a document.

• Metadata can also be added or removed during editing.

• Examples of metadata that can change include document title, keywords, and description.

Locators like ID, class name, XPath, CSS selector, etc. are used to identify web elements.

• ID - unique identifier for an element

• Class name - name of the class assigned to an element

• XPath - path to the element in the XML structure of the page

• CSS selector - selector based on CSS attributes of the element

Accounts Payable is the amount a company owes to its vendors or suppliers for goods or services received but not yet paid for.

• AP is a liability account in the balance sheet

• It includes invoices, bills, and other expenses

• It is managed by the AP department

• It is important for cash flow management and vendor relationships

Sanity testing is a narrow and deep testing to ensure that the most crucial functionalities work correctly, while smoke testing is a broad and shallow testing to check if the software build is stable enough for further testing.

• Sanity testing focuses on specific areas of functionality, while smoke testing covers a wide range of functionalities.

• Sanity testing is usually performed after a minor change in code, while smoke testing is done after a major change or build.

• Sanity test...read more

Network topology refers to the arrangement of nodes and connections in a network. Common types include star, bus, ring, and mesh.

• Star topology: All devices are connected to a central hub or switch.

• Bus topology: All devices are connected to a single cable, forming a linear structure.

• Ring topology: Devices are connected in a circular manner, with each device connected to two others.

• Mesh topology: Each device is connected to every other device, creating multiple paths for data t...read more

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information for decision-making.

• Accounting involves keeping track of financial transactions

• It helps in summarizing financial information for decision-making

• Examples include bookkeeping, financial reporting, and auditing

• The golden rule of accounting is 'Debit the receiver, credit the giver'

• This means that for every transaction, there must be an equal debit and credit entry

Tools used in procurement include e-procurement systems, contract management software, and supplier relationship management tools.

• E-procurement systems help streamline the purchasing process by automating tasks such as supplier selection, order processing, and invoice management.

• Contract management software assists in creating, storing, and managing contracts with suppliers, ensuring compliance and reducing risks.

• Supplier relationship management tools help track supplier perf...read more

A journal is a record of financial transactions. Journal entries are the individual records of each transaction.

• A journal is a chronological record of all financial transactions of a business.

• Journal entries are the individual records of each transaction, including the accounts involved, the amounts, and the date.

• Journal entries are used to create the general ledger, which is the main accounting record of a business.

• Examples of journal entries include recording a sale, record...read more

OOP is a programming paradigm that uses objects to represent and manipulate data. Inheritance is a mechanism for creating new classes based on existing ones. Cooling is not a relevant term in software engineering.

• OOP stands for Object-Oriented Programming

• In OOP, objects are instances of classes that encapsulate data and behavior

• Inheritance allows a new class to be based on an existing class, inheriting its properties and methods

• Cooling is not a relevant term in software engin...read more

Root cause analysis is a problem-solving technique used to identify the underlying cause of an issue.

• It involves identifying the problem, gathering data, analyzing the data, identifying possible causes, and determining the root cause.

• It helps to prevent the issue from recurring by addressing the underlying cause.

• Examples include identifying the root cause of a product defect, a safety incident, or a customer complaint.

• It is often used in industries such as manufacturing, heal...read more

Conduent is a business process services company that provides digital platforms and services for businesses and governments.

• Conduent was formed in 2017 as a divestiture from Xerox Corporation.

• It has over 65,000 employees in more than 40 countries.

• Conduent provides services in areas such as transportation, healthcare, and customer care.

• Some of its clients include government agencies, healthcare providers, and financial institutions.

Main features of OOP include encapsulation, inheritance, and polymorphism.

• Encapsulation: Bundling data and methods that operate on the data into a single unit (class).

• Inheritance: Ability to create new classes based on existing classes, inheriting their attributes and methods.

• Polymorphism: Ability for objects of different classes to respond to the same message in different ways.

• Example: Encapsulation - a class 'Car' with data (color, model) and methods (drive, stop).

• Example: ...read more

Tableau has various types of filters to refine data, including dimension, measure, context, and extract filters.

• Dimension filters allow users to filter data based on specific dimensions, such as date or region.

• Measure filters allow users to filter data based on specific measures, such as sales or profit.

• Context filters create a temporary table that filters data before other filters are applied.

• Extract filters allow users to filter data before it is extracted from the data sou...read more

To make searches of private information, one must follow legal procedures and obtain proper authorization.

• Obtain a warrant or court order

• Ensure the search is within the scope of the authorization

• Protect the privacy of individuals not involved in the search

• Adhere to any applicable laws and regulations

• Consult with legal experts if necessary

Accrued expenses are expenses that have been incurred but not yet paid for.

• Accrued expenses are recorded as liabilities on the balance sheet.

• They are typically expenses that have been incurred but not yet billed, such as salaries, interest, or taxes.

• Accrued expenses are recognized through adjusting entries at the end of an accounting period.

• They are important for accurate financial reporting and forecasting.

• Examples of accrued expenses include rent, utilities, and professiona...read more

I have a Bachelor's degree in Business Administration with a focus on finance.

• Bachelor's degree in Business Administration

• Focus on finance

• Relevant coursework in transaction processing

Like operator is used in SQL to search for a specified pattern in a column.

• Like operator is used with the WHERE clause in SQL queries.

• It allows for pattern matching using wildcard characters like % and _.

• For example, 'SELECT * FROM table WHERE column LIKE 'abc%'' will return rows where the column starts with 'abc'.

Direct materials are used in the production process and can be traced to a specific product, while indirect materials are used in the production process but cannot be traced to a specific product.

• Direct materials are essential to the final product and are directly incorporated into the finished goods.

• Indirect materials are not essential to the final product and are used in the production process but do not become part of the final product.

• Examples of direct materials include ...read more

P2P cycle refers to the Procure-to-Pay cycle, which is the process of purchasing goods or services and paying for them.

• The cycle starts with identifying the need for a product or service

• Then, a purchase order is created and sent to the supplier

• The supplier delivers the goods or services and sends an invoice

• The invoice is verified and approved for payment

• Finally, payment is made to the supplier

• Examples include ordering office supplies, hiring a contractor for a project, or pur...read more

Yes, it is a US process.

• Yes, the process is based in the United States.

• The transactions are handled according to US regulations and standards.

• The customer service hours align with US time zones.

Prepaid expense is an asset paid in advance for goods or services that will be received in the future.

• Prepaid expenses are recorded as assets on the balance sheet

• They are gradually expensed over time as the goods or services are received

• Examples include prepaid rent, insurance premiums, and subscriptions

• Prepaid expenses are commonly found in industries such as real estate and insurance

LOD functions in Tableau allow you to compute values at different levels of granularity.

• LOD stands for Level of Detail

• They allow you to perform calculations that are not possible with regular aggregations

• They can be used to create custom aggregations, such as running totals or moving averages

• Examples include {FIXED}, {INCLUDE}, and {EXCLUDE} functions

Tagging and production searches are important in legal analysis.

• Tagging involves adding metadata to documents to make them easier to search and organize.

• Production refers to the process of gathering and producing relevant documents for a legal case.

• Searches of tagging and production are used to locate specific documents and information for legal analysis.

• Effective tagging and production searches can save time and resources in legal cases.

• Examples of tagging and production sea...read more

Types of accounts include assets, liabilities, and equity.

• Assets: resources owned by the company, such as cash, inventory, and equipment

• Liabilities: debts or obligations owed by the company, such as loans and accounts payable

• Equity: the owner's stake in the company, calculated as assets minus liabilities

Object-oriented programming concepts in C#

• Encapsulation: bundling data and methods that operate on the data into a single unit

• Inheritance: allows a class to inherit properties and behavior from another class

• Polymorphism: ability for objects to take on multiple forms

• Abstraction: hiding the complex implementation details and showing only the necessary features

A debit note is a document sent by a buyer to a seller, indicating that the buyer is returning goods or owes money to the seller.

• It is a form of communication between a buyer and a seller

• It is used to indicate that the buyer is returning goods or owes money to the seller

• It includes details such as the reason for the debit note, the amount owed, and the date of the transaction

• It is often used in business-to-business transactions

Prepaid expenses are expenses paid in advance but not yet incurred or used.

• Prepaid expenses are recorded as assets on the balance sheet until they are used or expire.

• Examples of prepaid expenses include prepaid rent, insurance premiums, and subscriptions.

• They are typically amortized or expensed over the period in which they are used or consumed.

• Prepaid expenses can provide a company with a cash flow advantage by allowing them to pay for expenses in advance.

• They are also impor...read more

Credit note is a document issued by a seller to a buyer, indicating that a certain amount has been credited to the buyer's account.

• It is a document issued by a seller to a buyer

• It indicates that a certain amount has been credited to the buyer's account

• It is issued in case of returns, cancellations, or overpayments

• It serves as evidence of the transaction and helps in accounting and tax purposes

A mortgage is a loan used to purchase a property, where the property serves as collateral for the loan.

• A mortgage is a type of loan specifically used to purchase real estate.

• The property being purchased serves as collateral for the loan.

• Mortgages typically have a fixed interest rate and a set repayment period.

• If the borrower fails to make payments, the lender can foreclose on the property.

• Mortgages can be obtained from banks, credit unions, or other financial institutions.

Conversion for USD transactions is typically done using the current exchange rate.

• USD transactions are converted using the current exchange rate set by the financial markets.

• The conversion rate may fluctuate daily based on market conditions.

• Some companies may use a specific exchange rate for consistency in their financial reporting.

• Currency conversion can be done manually or automatically using financial software.

• For example, if the current exchange rate is 1 USD to 0.85 EUR,...read more

Purchase entry in SAP is a process of recording the purchase of goods or services in the SAP system.

• Purchase entry involves creating a purchase order in SAP

• The purchase order is then converted into a goods receipt

• Finally, the goods receipt is converted into an invoice receipt

• All relevant information such as vendor details, item details, and pricing are recorded in the purchase entry

• The purchase entry helps in maintaining accurate inventory and financial records

SOLID is a set of principles for designing software that promotes maintainability, extensibility, and reusability.

• S - Single Responsibility Principle: A class should have only one reason to change.

• O - Open-Closed Principle: Software entities should be open for extension but closed for modification.

• L - Liskov Substitution Principle: Subtypes must be substitutable for their base types.

• I - Interface Segregation Principle: Clients should not be forced to depend on interfaces they...read more

An ordered collection of items, typically displayed in a numbered list.

• Order list is used to display items in a specific sequence.

• Items in an order list are typically numbered or marked with bullets.

• Example:

  1. Item 1
  2. Item 2

JavaScript is a high-level, interpreted programming language used for creating interactive websites.

• JavaScript is commonly used for client-side web development.

• It can be used to add interactivity to websites, such as form validation or dynamic content.

• JavaScript can also be used for server-side development with Node.js.

• Examples of JavaScript frameworks/libraries include React, Angular, and Vue.

=== operator is a strict equality operator in JavaScript that checks if two values are equal in both value and type.

• === operator returns true if both operands are of the same type and have the same value

• It does not perform type coercion, unlike the == operator

• Example: 5 === '5' will return false because the operands are of different types

Truncate removes all records from a table, delete removes specific records, drop deletes the table itself.

• Truncate is faster than delete as it does not log individual row deletions

• Delete can be rolled back, truncate cannot be rolled back

• Drop removes the table structure along with all data

Sanity testing is a narrow and deep testing to ensure that the most crucial functionalities work correctly, while smoke testing is a broad and shallow testing to check if the software build is stable enough for further testing.

• Sanity testing focuses on specific areas of the application, while smoke testing covers the basic functionalities.

• Sanity testing is usually performed after major changes, while smoke testing is done after a new build is received.

• Sanity testing is more d...read more

Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors.

• Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.

• It is calculated by dividing the cost of the asset by its useful life.

• There are different methods of calculating depreciation, such as straight-line, declining balance, and sum-of-the-years-digits.

• Examples of assets that can be depreciated include buildings, vehicles, machine...read more

OAuth is an open standard for access delegation, commonly used as a way for Internet users to grant websites or applications access to their information on other websites but without giving them the passwords.

• OAuth allows users to grant access to their information without sharing their passwords.

• It is commonly used for authentication and authorization in web applications.

• OAuth uses tokens to grant access to resources on behalf of the user.

• It involves three parties: the user, ...read more

I manage risk by identifying potential risks, assessing their impact, developing mitigation strategies, and monitoring them throughout the project.

• Identify potential risks early on in the project

• Assess the impact of each risk on the project's objectives

• Develop mitigation strategies to address and minimize the impact of risks

• Monitor risks throughout the project lifecycle and adjust strategies as needed

HTML and CSS are markup languages used for creating and styling web pages.

• HTML stands for HyperText Markup Language and is used for creating the structure of a web page.

• CSS stands for Cascading Style Sheets and is used for styling the elements on a web page.

• HTML uses tags to define elements like headings, paragraphs, images, and links.

• CSS is used to control the layout, colors, fonts, and other visual aspects of a web page.

• Both HTML and CSS are essential for web development an...read more

The Golden Rules of Accounting are the basic principles that guide the accounting process.

• The first rule is the Debit and Credit rule, which states that for every debit entry, there must be a corresponding credit entry.

• The second rule is the Real Account rule, which states that all assets and liabilities have a debit and credit balance respectively.

• The third rule is the Nominal Account rule, which states that all revenue and expenses have a debit and credit balance respective...read more

Test cases for Age field

• Verify that the age field accepts valid numerical values

• Check for minimum and maximum age limits

• Test for boundary conditions such as 0, 100, and negative values

• Ensure that the age field does not accept alphabetic characters or special characters

I have strong attention to detail, excellent organizational skills, and proficiency in accounting software.

• Attention to detail in processing invoices and payments

• Organizational skills in maintaining accurate records and meeting deadlines

• Proficiency in accounting software like QuickBooks or SAP

• Ability to reconcile accounts and resolve discrepancies

• Experience in vendor communication and resolving payment issues

Bug lifecycle is the process of identifying, reporting, fixing, retesting, and closing a software bug.

• Bug is identified by tester during testing

• Bug is reported to development team

• Development team fixes the bug

• Tester retests the bug fix

• If bug is fixed, it is closed; if not, it goes back to development team

Regression testing is testing the entire application after a change, while retesting is testing a specific bug fix or feature.

• Regression testing involves testing the entire application to ensure that new changes have not affected existing functionality.

• Retesting involves testing a specific bug fix or feature to ensure that the issue has been resolved.

• Regression testing is usually done after every code change, while retesting is done after a bug fix.

• Examples: Regression testin...read more

Stream API provides a way to process collections of objects in a functional style.

• Allows for concise and readable code

• Supports parallel processing for improved performance

• Provides a set of powerful functions like map, filter, reduce, etc.

• Enables lazy evaluation for better memory efficiency

VMD process is a method used to verify and match vendor invoices with purchase orders and receipts.

• VMD stands for Verify, Match, and Distribute.

• It ensures that the vendor invoice matches the purchase order and receipt.

• It helps in preventing overpayments and underpayments.

• It is a crucial step in the accounts payable process.

• For example, if a company orders 100 units of a product, receives 90 units, and the vendor invoices for 100 units, the VMD process will catch the discrepan...read more