David Adamson Group Manager Costing Interview Questions and Answers

An aptitude test is an exam used to determine an individual's skill or propensity to succeed in a given activity Aptitude tests assume that individuals have inherent strengths and weaknesses and have a natural inclination toward success or failure in specific areas based on their innate characteristics

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Q1. What do you know about financial instruments?
Ans. 
Financial instruments are assets that can be traded and have a monetary value.
• Financial instruments include stocks, bonds, options, futures, and derivatives.

• They are used to manage risk, raise capital, and speculate on market movements.

• Examples of financial instruments include Apple stock, US Treasury bonds, and S&P 500 futures.

• They can be classified as debt, equity, or hybrid instruments depending on their characteris...read more
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Q2. Mostly accounting related questions, Head and subsidiary company accounting, previous work related questions and grilling on that, gave various accounting entries and asked what's their P&l impact
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Q1. Salary is weekly bor monthly
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Q2. What is the qulify
Ans. 
Qualifications for a Costing Executive typically include a degree in accounting or finance, strong analytical skills, experience with cost analysis, and proficiency in financial software.
• Degree in accounting or finance

• Strong analytical skills

• Experience with cost analysis

• Proficiency in financial software
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Q3. Puc complete 💯
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Q1. What cycle time for boring Operation
Ans. 
The cycle time for boring operation depends on various factors such as material, tooling, and machine capabilities.
• Cycle time can be calculated using the formula: Cycle time = (60 x cutting length) / (cutting speed x number of cutting edges)

• Factors affecting cycle time include material hardness, tool wear, and machine rigidity.

• Optimizing cutting parameters and tool selection can reduce cycle time and improve efficiency
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Q2. What kind of manufacturing operation process involved to manufacture product
Ans. 
The manufacturing operation process depends on the type of product being manufactured.
• The process can involve various stages such as design, raw material procurement, production, quality control, and packaging.

• The type of manufacturing process can be batch production, continuous production, or job production.

• Examples of manufacturing processes include injection molding, casting, machining, and assembly.

• The process can ...read more
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Q3. What is progressive tools
Ans. 
Progressive tools are dies that perform multiple operations on a single press stroke.
• Progressive tools are used in metal stamping to create complex parts with high precision.

• They consist of a series of stations, each performing a different operation on the material.

• The material is fed through the tool and each station adds a new feature to the part.

• Examples of parts made with progressive tools include brackets, clips,
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Q4. Have you exposure of casting
Ans. 
Yes, I have exposure of casting.
• I have worked on various casting projects during my engineering studies.

• I have also completed an internship at a casting company where I gained hands-on experience.

• I am familiar with different casting methods such as sand casting, investment casting, and die casting.

• I have knowledge of casting materials and their properties.

• I am proficient in using casting simulation software to optimize
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Q1. Why should we hire you?
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Q2. No i have not any qustion
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Q3. No
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Because I think group discussion is the best idea for

Q1. Entertainment is the best because entertaining gust s
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Q2. Thanks you for being the part of by feeling and emotion
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Q3. Thanks you for the best advice
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Q4. And also thankful for your interview
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Q5. Nice to meet you being a sutisfacy
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Q6. Would you please stop the asking me questions ple
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Q1. Tell me something about yourself. Standard costing is what? Are you ok with relocation.
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Q2. Are you good witj location
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