Databricks Financial Analyst Interview Questions and Answers

English, maths, reasoning-1 hr

Q1. What is depreciation why it is used
Ans. 
Depreciation is the systematic allocation of the cost of an asset over its useful life.
• Depreciation is used to account for the wear and tear, obsolescence, or decrease in value of an asset over time.

• It helps in matching the cost of the asset with the revenue it generates during its useful life.

• Depreciation is important for financial reporting and tax purposes.

• There are various methods of calculating depreciation, such ...read more
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Q1. Salary expectations
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Q1. It was about project
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Q2. Was about previous experiences
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Q3. Salary expectation
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It was good experience nice all over

It was good experience I learnt something new

Q1. It was good experience capital market money market
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Q2. Capital market , money market
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Q3. Capital market account
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Q4. Golden rule of account
Ans. 
The golden rule of accounting is to record every financial transaction accurately and in a timely manner.
• The golden rule of accounting is also known as the principle of double-entry bookkeeping.

• It states that for every debit entry, there must be a corresponding credit entry of equal value.

• This ensures that the accounting equation (Assets = Liabilities + Equity) remains in balance.

• For example, if a company purchases inv...read more
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Q1. Tell me about yourself
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Company related- making financial modeling and valuation, company profile

Basics in aptitude, reasing, mathamatical part and accounting related

Q1. Financial modeling - ask me any question in syllabus
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Q1. Any other genral quality in market condition
Ans. 
Market conditions can also be influenced by geopolitical events, technological advancements, and regulatory changes.
• Geopolitical events such as trade wars or political instability can impact market conditions

• Technological advancements like the rise of e-commerce or artificial intelligence can create new opportunities and challenges in the market

• Regulatory changes such as tax reforms or new legislation can affect market
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Depending on education and aroundi g culture

Q1. What is gross ratio? What is debenture? Can sale go negative?
Ans. 
Gross ratio is a financial ratio that measures the proportion of a company's revenue that is used to cover its operating expenses.
• Gross ratio is calculated by dividing the cost of goods sold by the total revenue.

• It helps in determining the efficiency of a company's operations.

• A higher gross ratio indicates that a company is able to generate more revenue from its operations.

• Debenture is a type of long-term debt instrume...read more
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Q1. Your experience, salary details, current ctc, location, are you comfortable with night shift?,
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Q1. Tell me about yourself. Previous work experience. Location Comfortable with night shift?
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