Credit One Bank Financial Analyst Interview Questions and Answers

Artificial intelligence is the simulation of human intelligence in machines that are programmed to think and learn like humans.

• AI involves creating intelligent machines that can perform tasks without human intervention

• It includes machine learning, natural language processing, and robotics

• Examples include Siri, Alexa, and self-driving cars

• AI has applications in various fields such as healthcare, finance, and transportat

Changing requirements can be handled through effective communication, prioritization, and documentation.

• Regularly communicate with stakeholders to understand their changing needs

• Prioritize requirements based on their impact on the project goals

• Document all changes and their impact on the project scope, timeline, and budget

• Ensure that all team members are aware of the changes and their responsibilities

• Use agile methodol...read more

Accruals are revenues earned but not yet received, while deferrals are payments received but not yet earned.

• Accruals are recorded as accounts receivable on the balance sheet.

• Deferrals are recorded as accounts payable on the balance sheet.

• Examples of accruals include interest income and sales revenue.

• Examples of deferrals include prepaid rent and unearned revenue.

• Accruals and deferrals are important for accurate financi...read more