Deloitte Associate/Senior Associate -(Technical) Interview Questions and Answers

Audit aspects to consider for confirming bank balance

• Verify bank statements against accounting records

• Confirm balances with the bank directly

• Check for outstanding checks or deposits in transit

• Reconcile any discrepancies

• Review internal controls for cash handling and recording

• Consider any fraud risks or red flags

• Document all audit procedures and findings

Steps to improve working capital crunch

• Analyze cash flow and identify areas of improvement

• Negotiate better payment terms with suppliers

• Reduce inventory levels and optimize procurement process

• Implement efficient billing and collection process

• Explore financing options such as factoring or asset-based lending

OOPS concepts are the fundamental principles of Object-Oriented Programming.

• Encapsulation: bundling of data and methods that manipulate the data

• Inheritance: creating new classes from existing ones

• Polymorphism: ability of objects to take on multiple forms

• Abstraction: hiding implementation details from the user

• Example: A car class can have properties like color, model, and methods like start, stop, accelerate

• Example: A c...read more

I have worked with a variety of technologies including Java, Python, SQL, and AWS.

• Java

• Python

• SQL

• AWS

Yes, I know Java.

• Proficient in Java programming language

• Experience in developing Java applications

• Familiarity with Java frameworks such as Spring and Hibernate

Cloud computing is the delivery of computing services over the internet.

• Cloud computing allows users to access data and applications from anywhere with an internet connection.

• It eliminates the need for physical servers and hardware, reducing costs and increasing scalability.

• Examples of cloud computing services include Amazon Web Services, Microsoft Azure, and Google Cloud Platform.