100+ Deloitte Interview Questions and Answers for Freshers

The tea seller in a roadside joint in Mumbai can earn an average annual income of around INR 2,40,000.

• The average price of a cup of tea in Mumbai is around INR 10.

• Assuming the tea seller sells 100 cups of tea per day, the daily revenue would be INR 1,000.

• Considering the tea seller operates 300 days a year, the annual revenue would be INR 3,00,000.

• After deducting expenses like rent, ingredients, and wages, the tea seller's net income could be around INR 2,40,000.

Invest in research and development and employee training.

• Invest in research and development to drive innovation and stay ahead of competitors.

• Allocate funds for employee training and development to enhance skills and expertise.

• Examples: Setting up state-of-the-art R&D facilities, hiring top researchers, conducting market research, organizing training programs and workshops.

Yes, we can debug AMDP and CDS.

• We can debug AMDP using ABAP debugger or Eclipse debugger.

• We can debug CDS using Eclipse debugger or SQL Trace.

• For AMDP, we can set breakpoints in the method and debug it.

• For CDS, we can use SQL Trace to analyze the SQL statements generated by CDS view.

• Debugging helps in identifying and fixing issues in the code.

Batch calls allow multiple requests in a single HTTP call. Associations and navigation allow querying related data in OData.

• Batch calls can improve performance by reducing the number of HTTP requests.

• Associations define relationships between entities in OData.

• Navigation allows querying related entities using the $expand query option.

• Example: /Orders?$expand=Customer

• Example: /Customers('ALFKI')/Orders

Encapsulation is the concept of hiding implementation details and exposing only necessary information. Polymorphism is the ability of objects to take on multiple forms.

• Encapsulation helps in achieving data security and prevents unauthorized access to data.

• Polymorphism allows objects to be treated as instances of their own class or as instances of their parent class.

• Encapsulation and Polymorphism are key concepts in Object-Oriented Programming.

• Example of Encapsulation: Private...read more

No, ABAP does not support multiple inheritance.

• ABAP only supports single inheritance through the use of interfaces and abstract classes.

• Multiple inheritance can lead to ambiguity and complexity in the code.

• However, ABAP does allow for the implementation of multiple interfaces.

• Example: a class can implement both IF_A and IF_B interfaces.

Yes, a class can have multiple constructors with different parameters.

• Constructors are used to initialize objects of a class.

• Multiple constructors can be defined with different parameters.

• The constructor with the matching parameters is called when an object is created.

• Constructors can also call other constructors using 'this' keyword.

• Example: public class MyClass { public MyClass() {} public MyClass(int x) {} }

Setting up role-based permissions involves defining roles, assigning permissions to roles, and managing user access based on roles.

• Define different roles based on job functions or responsibilities

• Assign specific permissions to each role, determining what actions users in that role can perform

• Grant or revoke access to resources based on roles

• Regularly review and update roles and permissions to ensure security and compliance

• Use role-based access control (RBAC) to streamline per...read more

Business rules are constructed using logic and conditions.

• Logic

• Conditions

• Constraints

• Decision tables

• Rule engines

To calculate revenue of an ice cream parlor, we need to consider factors like sales volume, pricing strategy, and operational costs.

• Determine the average number of customers per day and the average amount spent per customer

• Consider the cost of ingredients, labor, rent, and utilities

• Analyze the competition and adjust pricing strategy accordingly

• Explore opportunities for upselling and cross-selling

• Track sales and expenses regularly to identify trends and make informed decisions

The semiconductor industry is constantly evolving with new technologies such as AI, IoT, and 5G driving innovation.

• AI is being used to improve chip design and manufacturing processes

• IoT is driving demand for low-power and high-performance chips

• 5G is increasing demand for high-speed and low-latency chips

• Emerging technologies such as quantum computing and neuromorphic computing are being explored for future applications

SWOT analysis of our company reveals strengths in brand recognition and customer loyalty, weaknesses in limited product offerings, opportunities in expanding into new markets, and threats from increasing competition.

• Strengths: strong brand recognition, high customer loyalty, experienced management team

• Weaknesses: limited product offerings, lack of diversification, dependence on a few key suppliers

• Opportunities: expanding into new markets, developing new products, strategic pa...read more

I have worked on implementing financial controls in a corporate setting.

• Implemented segregation of duties to prevent fraud

• Developed approval processes for financial transactions

• Established monitoring mechanisms to detect anomalies

• Created documentation for control procedures

Risk and control matrix is a tool used to identify, assess, and manage risks within an organization.

• It outlines potential risks faced by the organization

• It identifies existing controls in place to mitigate those risks

• It helps in evaluating the effectiveness of the controls

• It assists in prioritizing risks based on their impact and likelihood

• It is commonly used in risk management and internal audit processes

New technologies are revolutionizing manufacturing, from automation to 3D printing.

• Automation and robotics are increasing efficiency and reducing costs.

• Additive manufacturing, such as 3D printing, is allowing for more customization and faster prototyping.

• Artificial intelligence and machine learning are improving quality control and predictive maintenance.

• Internet of Things (IoT) devices are enabling real-time monitoring and optimization of production processes.

• Augmented and v...read more

Reverse a given integer and remove leading zeros.

• Iterate through the digits of the number from right to left and build the reversed number.

• Skip any leading zeros in the reversed number.

• Ensure the reversed number does not exceed the constraints of 0 <= N < 10^8.

Annotations are used in CDS to define metadata and behavior of entities and fields.

• Annotations are defined using the @ symbol followed by the annotation name

• Annotations can be used to define metadata such as labels, descriptions, and visibility

• Annotations can also be used to define behavior such as validation rules and default values

• Examples of annotations include @Label, @Description, @Validation.rule, and @Default

Cardinality defines the relationship between entities in OData and CDS.

• Cardinality in OData is defined using navigation properties and can be one-to-one, one-to-many, or many-to-many.

• In CDS, cardinality is defined using associations and can be one-to-one, one-to-many, or many-to-many.

• Cardinality can be specified using symbols such as *, 1, or n.

• For example, a one-to-many relationship between a customer and their orders would have a cardinality of 1:n.

Business factors affecting any industry include economic conditions, competition, technology, and government regulations.

• Economic conditions such as inflation, recession, and interest rates can impact the industry's growth and profitability.

• Competition from existing and new players can affect market share and pricing strategies.

• Technology advancements can disrupt traditional business models and create new opportunities.

• Government regulations such as taxes, tariffs, and trade ...read more

The Securities and Exchange Commission (SEC) regulates markets in the US. Their responsibilities include enforcing federal securities laws, protecting investors, and maintaining fair and orderly markets.

• The SEC is responsible for overseeing securities exchanges such as the New York Stock Exchange (NYSE) and NASDAQ.

• They enforce laws such as the Securities Act of 1933 and the Securities Exchange Act of 1934.

• The SEC also regulates investment advisers, mutual funds, and other inv...read more

Use a loop to iterate through the array and keep track of the largest element.

• Initialize a variable to store the largest element as the first element of the array

• Loop through the array and compare each element to the current largest element

• If the current element is larger, update the largest element variable

• Return the largest element variable

3rd normal form is a database normalization technique where every non-key attribute is dependent on the primary key.

• In 3NF, there should be no transitive dependencies between non-key attributes.

• It reduces data redundancy and improves data integrity.

• Example: A table with columns for customer ID, order ID, and product ID. The product name should not be stored in this table as it is dependent on the product ID, not the customer or order ID.

• Another example: A table with columns f...read more

A mutual fund with a fixed number of shares, traded on an exchange like a stock.

• Investors buy and sell shares of the fund on the exchange

• The price of the shares is determined by supply and demand

• The fund is managed by a professional portfolio manager

• Examples include index funds and ETFs

A stock is a share of ownership in a company, while a bond is a debt security issued by a company or government.

• Stocks represent ownership in a company and give shareholders voting rights and potential dividends.

• Bonds represent a loan to a company or government and pay interest to the bondholder.

• Stocks are generally considered riskier but offer higher potential returns, while bonds are considered safer but offer lower returns.

• Investors often use a combination of stocks and bo...read more

HTML5 introduced new features like canvas, video, audio, and semantic elements compared to its previous version.

• HTML5 introduced new semantic elements like <header>, <footer>, <nav>, <article>, <section> for better structure and accessibility.

• HTML5 added support for audio and video elements without the need for plugins, making multimedia integration easier.

• HTML5 introduced the <canvas> element for drawing graphics and animations directly on the web page.

• HTML5 brought improvem...read more

Code to print largest number and find prime number.

• For printing largest number, initialize a variable with the first element of the array and loop through the array to compare each element with the variable. If the element is greater than the variable, update the variable with the element.

• For finding prime number, loop through the numbers from 2 to n-1 and check if n is divisible by any of them. If n is divisible by any number, it is not a prime number.

• To optimize prime numbe...read more

Deloitte's clients are diverse and include businesses, governments, and non-profit organizations.

• Deloitte serves clients in various industries such as healthcare, financial services, technology, and consumer products.

• Their clients range from small startups to large multinational corporations.

• They also work with government agencies and non-profit organizations.

• Examples of their clients include Amazon, Coca-Cola, and the United States Department of Defense.

Conditional loop is a loop that executes a block of code repeatedly as long as a specified condition is true.

• Conditional loop is used to iterate over a block of code multiple times based on a condition.

• The loop will continue to execute as long as the specified condition remains true.

• Common examples of conditional loops include 'while' and 'for' loops in programming languages.

I address internal conflicts by promoting open communication, active listening, and seeking common ground.

• Encourage open communication to understand all perspectives

• Practice active listening to show empathy and respect

• Seek common ground and compromise to resolve conflicts peacefully

Monolithic architecture is a single-tiered software application where all components are tightly coupled, while microservices architecture is a distributed approach where the application is broken down into smaller, independent services.

• Monolithic architecture: all components are tightly coupled in a single-tiered application

• Microservices architecture: application is broken down into smaller, independent services

• Monolithic architecture can be harder to scale and maintain

• Micro...read more

SQL is a programming language used for managing and manipulating relational databases.

• SQL stands for Structured Query Language

• It is used to communicate with databases to perform tasks such as querying data, updating data, and creating tables

• SQL statements are written in a specific syntax and can be used to retrieve specific data from a database

• Examples of SQL commands include SELECT, INSERT, UPDATE, and DELETE

Use Java 8 streams and lambda expressions to sort a list of employees by name.

• Create a list of Employee objects with names.

• Use stream() method to convert the list to a stream.

• Use sorted() method with Comparator.comparing() to sort by name.

• Collect the sorted stream back to a list.

Program to find the biggest of 3 numbers

• Create a function that takes in 3 numbers as input

• Compare the numbers to find the biggest one

• Return the biggest number as output

Deloitte offers a range of services across various industries including audit, consulting, tax, and advisory.

• Audit and Assurance

• Consulting

• Tax

• Advisory

• Financial Advisory

• Risk Advisory

• Technology Consulting

• Human Capital

• Strategy and Operations

• Mergers and Acquisitions

• Analytics and Cognitive

• Cybersecurity

• Supply Chain and Manufacturing Operations

• Real Estate

• Government and Public Services

• Life Sciences and Healthcare

• Consumer and Industrial Products

• Energy and Resources

• Financial Services

Some weaknesses include perfectionism, difficulty delegating tasks, and lack of public speaking skills.

• Perfectionism can lead to spending too much time on tasks and missing deadlines

• Difficulty delegating tasks can result in feeling overwhelmed and not utilizing team members effectively

• Lack of public speaking skills may hinder effective communication and presentation of ideas

Joins are used to combine data from two or more tables based on a related column.

• Joins are used in SQL to retrieve data from multiple tables.

• There are different types of joins such as inner join, left join, right join, and full outer join.

• The join condition is specified using the ON keyword and the related columns.

• Example: SELECT * FROM table1 INNER JOIN table2 ON table1.column = table2.column;

SQL operations are executed in the following order: FROM, WHERE, GROUP BY, HAVING, SELECT, ORDER BY.

• FROM clause is executed first to retrieve data from tables

• WHERE clause filters the data based on specified conditions

• GROUP BY groups the data based on specified columns

• HAVING filters the grouped data

• SELECT selects the columns to be displayed

• ORDER BY sorts the final result set

An immutable object is an object whose state cannot be modified after it is created.

• Immutable objects are often used in functional programming to ensure data integrity.

• Examples of immutable objects include String, Integer, and Tuple in Python.

• Immutable objects are thread-safe and can be shared across multiple threads without the risk of data corruption.

The system design for a university involves various components such as student information systems, course management systems, and communication platforms.

• Student information systems to manage student records, registration, and academic progress

• Course management systems for scheduling classes, assigning instructors, and tracking grades

• Communication platforms for students, faculty, and staff to interact and share information

• Integration of learning management systems for online...read more

Logic to find duplicate numbers in an array of 6 numbers

• Iterate through the array and compare each element with the rest of the elements

• If a match is found, print the duplicate number

• Use nested loops to compare all elements

• Alternatively, use a hash table to keep track of seen elements

Code to calculate number of people in a room at EOD given X enter and Y leave throughout the day.

• Create a variable to keep track of the current number of people in the room

• Increment the variable by X every time someone enters the room

• Decrement the variable by Y every time someone leaves the room

• Return the final value of the variable at the end of the day

• Example: If 10 people enter and 5 leave, there will be 5 people in the room at EOD

Javascript is a single-threaded language, but it can handle asynchronous operations through callbacks and promises.

• Javascript is single-threaded, meaning it can only execute one task at a time.

• However, it can handle asynchronous operations by using callbacks, promises, and async/await.

• Backend calls in Javascript are typically made using asynchronous functions, allowing the program to continue executing other tasks while waiting for the response.

• For example, when making an HTT...read more

useEffect Hook is a built-in hook in React that allows you to perform side effects in functional components.

• useEffect Hook is used to handle side effects in functional components, such as fetching data, subscribing to events, or manipulating the DOM.

• It takes two arguments: a function that represents the side effect, and an optional dependency array.

• The function passed to useEffect will be executed after every render, unless the dependency array is provided.

• The dependency arra...read more

React has three main lifecycle methods: Mounting, Updating, and Unmounting.

• Mounting: These methods are called when an instance of a component is being created and inserted into the DOM.

• Updating: These methods are called when a component is being re-rendered as a result of changes to either its props or state.

• Unmounting: This method is called when a component is being removed from the DOM.

The function sorts an integer array containing only 0s and 1s in linear time complexity.

• Use two pointers, one starting from the beginning and the other from the end of the array.

• Swap the elements at the pointers if the element at the beginning pointer is 1 and the element at the end pointer is 0.

• Continue moving the pointers towards each other until they meet in the middle of the array.

React hooks are functions that allow you to use state and other React features in functional components.

• useState() - for managing state in functional components

• useEffect() - for performing side effects in functional components

• useContext() - for accessing context in functional components

• useReducer() - for managing complex state and actions in functional components

• useCallback() - for memoizing functions in functional components

• useMemo() - for memoizing values in functional comp...read more

npm is the most popular package manager for Node.js and JavaScript.

• npm (Node Package Manager) is the default package manager for Node.js and JavaScript.

• Yarn is an alternative package manager that offers faster and more reliable dependency management.

• pnpm is another package manager that uses a unique approach of hard-linking dependencies to save disk space.

• Bower is a package manager specifically designed for front-end web development.

• NPM Enterprise is a paid package manager wi...read more

Given an encrypted string with repeated substrings represented by counts, find the K'th character of the decrypted string.

• Parse the encrypted string to extract substrings and their counts

• Iterate through the substrings and counts to build the decrypted string

• Track the position in the decrypted string to find the K'th character

JavaScript can run on servers using server-side JavaScript platforms like Node.js.

• JavaScript can be executed on servers using server-side JavaScript platforms like Node.js.

• Node.js allows JavaScript to run on the server-side by providing a runtime environment.

• Server-side JavaScript enables developers to build scalable and high-performance web applications.

• Node.js uses the V8 JavaScript engine to execute JavaScript code on the server.

• Server-side JavaScript can handle tasks such...read more

The task is to convert a Binary Search Tree into a Greater Sum Tree.

• Traverse the BST in reverse inorder (right, root, left) to visit nodes in descending order.

• Keep track of the sum of all greater nodes encountered so far.

• Update the value of each node by adding the sum of greater nodes and update the sum.

• Continue this process until all nodes have been visited.

• Return the modified BST.

Count distinct pairs in an array whose sum equals a given target.

• Use two pointers approach to iterate through the array and find pairs with sum equal to target.

• Keep track of visited pairs to avoid counting duplicates.

• Return -1 if no such pair exists with the given target.

Sort an array of 0s, 1s, and 2s in linear time complexity.

• Use three pointers to keep track of the positions of 0s, 1s, and 2s in the array.

• Iterate through the array and swap elements based on the values encountered.

• Maintain left pointer for 0s, right pointer for 2s, and current pointer for traversal.

• Example: If current element is 0, swap it with element at left pointer and increment both pointers.

Detect if an undirected graph contains a cycle.

• Use Depth First Search (DFS) to traverse the graph and detect cycles.

• Maintain a visited array to keep track of visited vertices.

• If a visited vertex is encountered again during DFS, a cycle exists.

• Check for back edges while traversing the graph.

• Consider disconnected graphs as well.

Given a palindrome number represented as a string, find the largest palindrome number that is strictly less than the given number.

• Iterate from the middle towards the start and end of the string to find the next smaller palindrome.

• If the number is odd in length, simply mirror the left half to the right half to get the next smaller palindrome.

• If the number is even in length, decrement the middle digit and mirror the left half to the right half to get the next smaller palindrome...read more

The problem involves finding the length of the longest common subsequence between two given strings.

• Use dynamic programming to solve this problem efficiently.

• Create a 2D array to store the lengths of common subsequences of substrings.

• Iterate through the strings to fill the array and find the length of the longest common subsequence.

• Example: For input STR1 = 'abcde' and STR2 = 'ace', the longest common subsequence is 'ace' with a length of 3.

Output the boundary nodes of a binary tree in Anti-Clockwise order, starting from the root node.

• Traverse the left boundary nodes in top-down order

• Traverse the leaf nodes from left to right

• Traverse the right boundary nodes in bottom-up order

• Combine the above traversals to get the boundary nodes in Anti-Clockwise order

I am proficient in Java with experience in developing various applications.

• I have been working with Java for over 5 years

• I have developed multiple applications using Java, including a web-based inventory management system

• I am familiar with various Java frameworks such as Spring and Hibernate

• I keep myself updated with the latest Java technologies and trends

Search for a number in a sorted array and determine its existence for multiple queries.

• Use binary search algorithm to efficiently search for each query integer in the sorted array.

• For each query integer 'X', check if it exists in the array 'A' and output 1 if found, 0 otherwise.

• Ensure the array 'A' is sorted in non-decreasing order to apply binary search effectively.

The exact reason for facing losses cannot be determined without further analysis.

• Further analysis is needed to identify the root cause of the losses.

• Economic downturn, new competitors, and internal problems are all potential factors.

• Examples of internal problems could include poor management, inefficient processes, or high overhead costs.

To find the minimum number from a set of numbers, compare each number with the others and select the smallest.

• Compare each number with the others in the set

• Select the smallest number as the minimum

Establish a niche and focus on personalized service to differentiate from the larger company.

• Identify a specific area of knowledge management where the larger company may not be as strong

• Offer personalized service and tailored solutions to clients

• Leverage technology to streamline processes and improve efficiency

• Build a strong online presence through social media and content marketing

• Partner with other smaller companies to offer a wider range of services

Joins are used to combine data from two or more tables based on a related column.

• Joins are used in SQL to retrieve data from multiple tables.

• Common types of joins include inner join, left join, right join, and full outer join.

• One case where I applied joins was when I needed to retrieve customer information and their corresponding orders from two separate tables.

• Another example is when I needed to combine data from a table of employees and a table of departments to determine w...read more

To burst all balloons by shooting arrows from left to right, determine the minimum number of arrows needed.

• Iterate through the array and keep track of the maximum height of balloons that can be burst with one arrow.

• Increment the arrow count whenever a balloon height exceeds the maximum height.

• Return the total arrow count needed to burst all balloons.

The 5 heads of income are salary, house property, business/profession, capital gains, and other sources.

• Salary income includes income from employment

• House property income includes rental income

• Business/profession income includes income from self-employment

• Capital gains income includes profits from sale of assets

• Other sources income includes income from sources not covered under the other heads

• Depreciation is the decrease in value of an asset over time

• Types of depreciation inc...read more

Tax is a mandatory financial charge imposed by the government on individuals and businesses.

• Tax is used to fund public services and infrastructure

• There are different types of taxes such as income tax, sales tax, property tax, etc.

• Tax laws and regulations vary by country and jurisdiction

• Cost accounting is focused on determining the cost of producing a product or service

• Managerial accounting is focused on providing financial information to help managers make business decisions

• B...read more

Yes, I am flexible with relocation.

• I am open to exploring new opportunities in different locations.

• I understand that relocation may be necessary for career growth.

• I am willing to consider all options and make a decision based on what is best for the company and my career.

• I have relocated in the past for work and am familiar with the process.

• I am excited about the possibility of experiencing new places and cultures.

The strategy for the division of IT systems in the de-merger of the multinational computer hardware and software services company.

• For Applications: Evaluate the criticality and interdependencies of each application, prioritize based on business needs, and allocate resources accordingly.

• For Data Centers: Assess the capacity and redundancy requirements of each unit, consolidate or establish new data centers as needed, and ensure seamless transition of data and services.

• For Test...read more

Telecom operators should invest in robust network infrastructure and implement strict security measures to prevent problems.

• Invest in upgrading network infrastructure to handle increasing data traffic

• Implement strong security measures to protect against cyber threats

• Regularly monitor and analyze network performance to identify and address potential issues

• Provide reliable customer support to promptly address customer complaints and concerns

• Offer competitive pricing and attract...read more

As a Deloitte consultant, I would proceed by conducting a feasibility study and developing a comprehensive strategy.

• Conduct a feasibility study to assess the current infrastructure and identify gaps

• Develop a comprehensive strategy that includes network expansion, technology upgrades, and partnerships with local providers

• Establish a project management team to oversee the implementation of the strategy

• Engage with stakeholders, including government officials, to ensure complianc...read more

Items to add in balancesheet after trial balance

• Accrued expenses

• Prepaid expenses

• Depreciation

• Deferred revenue

• Accrued interest

• Goodwill

• Intangible assets

• Long-term investments

• Long-term debt

• Shareholder's equity

I am proficient in SQL and have experience in writing complex queries.

• Proficient in writing complex queries

• Experience in working with large databases

• Familiarity with various SQL functions and operators

• Ability to optimize queries for better performance

IDOR is Insecure Direct Object Reference, XSS is Cross-Site Scripting, and SQLi is SQL Injection.

• IDOR occurs when an application allows direct access to internal objects without proper authorization.

• XSS refers to injecting malicious scripts into web pages viewed by other users, compromising their security.

• SQLi is a technique where an attacker inserts malicious SQL code into a query, manipulating the database.

• Example of IDOR: Accessing another user's private data by modifying ...read more

To find vulnerabilities in a simulated network and prepare a VAPT report.

• Conduct a vulnerability assessment using tools like Nessus, OpenVAS, etc.

• Identify vulnerabilities and their severity levels

• Prepare a detailed report with recommendations for remediation

• Include an executive summary for non-technical stakeholders

A provision for doubtful debt is a journal entry made to account for potential losses from customers who may not pay their debts.

• Provision for doubtful debt is recorded as an expense in the income statement.

• It is created by debiting the provision for doubtful debt account and crediting the bad debt expense account.

• The provision is based on an estimate of the amount of debt that is likely to become uncollectible.

• The provision is usually a percentage of the accounts receivable ...read more

Leadership is about inspiring and guiding a team towards a common goal, while management is about planning, organizing, and controlling resources to achieve that goal.

• Leadership focuses on people, while management focuses on processes and systems.

• Leadership is about setting a vision and motivating others to work towards it, while management is about ensuring that the necessary resources are in place to achieve that vision.

• Leadership involves taking risks and being innovative,...read more

Observations, risks, and implications for an Assistant Manager role

• Observation 1: Lack of clear communication among team members

• Risk 1: Misunderstandings leading to errors in tasks

• Implication 1: Decreased productivity and potential conflicts within the team

• Observation 2: High employee turnover rate

• Risk 2: Difficulty in maintaining a stable and experienced team

• Implication 2: Increased recruitment and training costs, impact on team morale

• Observation 3: Inconsistent adherence to...read more

Merging two CSV files with left join in Python.

• Read both CSV files using pandas.

• Perform left join using merge() function.

• Save the merged data to a new CSV file.

I have worked on multiple projects using various programming languages. My long term goal is to become a data analyst and my preferred technologies are Python and SQL.

• Projects: E-commerce website using PHP, Inventory management system using Java, Data analysis of customer behavior using Python

• Programming languages: Python, Java, PHP, SQL

• Program: Python program to calculate the factorial of a number

• Long term goal: To become a data analyst

• Preferred technologies: Python and SQL

To create a 1 to 1 relationship in Salesforce, use a lookup field on the child object pointing to the parent object.

• Create a lookup field on the child object that references the parent object.

• Ensure that the lookup field has a unique constraint to enforce the 1 to 1 relationship.

• Use validation rules or triggers to prevent multiple child records from being linked to the same parent record.

Different types of risks include financial risk, operational risk, strategic risk, compliance risk, and reputational risk.

• Financial risk: Risk related to financial markets, such as market risk, credit risk, and liquidity risk.

• Operational risk: Risk of loss resulting from inadequate or failed internal processes, people, and systems.

• Strategic risk: Risk related to the organization's long-term goals and objectives, such as competition and market changes.

• Compliance risk: Risk of ...read more

Authorization is the process of granting access to a resource, while authentication is the process of verifying the identity of a user.

• Authorization determines what a user can do with a resource, while authentication verifies who the user is.

• Authorization is based on permissions and roles, while authentication is based on credentials such as username and password.

• Examples of authorization include granting access to a file or database, while examples of authentication include ...read more

Call drops can be caused by various factors such as network congestion, poor signal strength, and technical issues.

• Network congestion due to high call volume or limited bandwidth

• Poor signal strength caused by distance from cell tower or obstacles

• Technical issues such as software glitches or hardware malfunctions

• Interference from other electronic devices

• Inadequate network coverage in certain areas

• User error such as accidentally hanging up or losing signal

• Weather conditions suc...read more

Changes from AS to IND-AS in IND-AS 116

• AS 19 and IND-AS 116 are similar but IND-AS 116 has some changes

• AS 19 allowed two methods of accounting for leases, while IND-AS 116 only allows one

• IND-AS 116 requires lessees to recognize all leases on their balance sheet

• IND-AS 116 requires lessors to classify leases as either operating or finance leases

• IND-AS 116 requires additional disclosures in the financial statements

SQL commands are used to interact with databases, while DSA questions test problem-solving skills.

• SQL commands include SELECT, INSERT, UPDATE, DELETE for querying and modifying data in databases

• Basic DSA questions may involve sorting algorithms, data structures like arrays, linked lists, trees

• Understanding of time complexity, space complexity, and problem-solving strategies is important

Current assets/liabilities are expected to be used/settled within a year, while non-current assets/liabilities have a longer life span.

• Current assets include cash, accounts receivable, inventory, and prepaid expenses.

• Current liabilities include accounts payable, short-term loans, and accrued expenses.

• Non-current assets include property, plant, and equipment, long-term investments, and intangible assets.

• Non-current liabilities include long-term loans, deferred tax liabilities,...read more

The act is enacted through a series of steps and procedures to ensure compliance and implementation.

• The act is typically passed by a legislative body, such as a parliament or congress.

• It may involve the creation of regulations and guidelines to clarify the intent of the act.

• Enforcement mechanisms are put in place to ensure compliance with the act.

• Monitoring and evaluation processes are often established to assess the effectiveness of the act.

• Amendments or revisions may be mad...read more

Encryption is reversible while hashing is irreversible.

• Encryption is the process of converting plain text into cipher text using an algorithm and a key.

• Hashing is the process of converting plain text into a fixed-length string of characters using a hash function.

• Encryption can be decrypted using a key while hashing cannot be reversed.

• Encryption is used to protect data while hashing is used to verify data integrity.

• Examples of encryption include AES, RSA, and DES while example...read more

Agile is iterative and flexible, while waterfall is linear and rigid.

• Agile focuses on delivering working software in short iterations

• Waterfall follows a sequential approach with distinct phases

• Agile encourages collaboration and adaptability

• Waterfall emphasizes planning and documentation

• Agile is better suited for complex and uncertain projects

• Waterfall is better suited for projects with well-defined requirements

• Examples of agile methodologies include Scrum and Kanban

• Examples o...read more

Assertions and procedures for auditing debtors

• The existence assertion: ensuring that the debtors actually exist and are valid

• The completeness assertion: ensuring that all debtors are included in the financial statements

• The valuation assertion: ensuring that the debtors are valued correctly

• The rights and obligations assertion: ensuring that the company has the right to collect the debt and that the debtors have an obligation to pay

• The cutoff assertion: ensuring that all transa...read more

The given HTML command is used to create a hyperlink in a webpage.

• The <a> tag is used to define a hyperlink in HTML.

• The href attribute specifies the URL of the page the link goes to.

• Text between the opening and closing <a> tags is the clickable text of the link.

Shaktikanta Das is the current RBI Governor.

• Shaktikanta Das was appointed as the 25th Governor of the Reserve Bank of India in December 2018.

• He has previously served as the Economic Affairs Secretary and Revenue Secretary of India.

• As RBI Governor, he has focused on maintaining financial stability and supporting economic growth.

Outsourcing manufacturing is a common practice for many companies to reduce costs and increase efficiency.

• Outsourcing can provide access to specialized skills and technology

• It can also reduce labor costs and overhead expenses

• However, outsourcing can also lead to quality control issues and communication challenges

• The cable box manufacturer should carefully evaluate potential outsourcing partners and negotiate clear contracts to ensure quality and timely delivery

Interpretation of direct tax law involves understanding and applying tax regulations to determine tax liabilities.

• Understanding tax laws and regulations

• Applying tax laws to determine tax liabilities

• Interpreting tax codes and guidelines

• Analyzing tax implications of financial transactions

• Ensuring compliance with tax laws

Practices to prevent SQLi

• Use parameterized queries or prepared statements

• Implement input validation and sanitization

• Apply least privilege principle for database access

• Regularly update and patch database software

• Implement a web application firewall (WAF)

• Perform security testing and code reviews

Type 1 and type 2 errors are related to statistical hypothesis testing, while independent and mutually exclusive events are concepts in probability theory.

• Type 1 error occurs when a true null hypothesis is incorrectly rejected, while type 2 error occurs when a false null hypothesis is not rejected.

• Independent events are events where the occurrence of one event does not affect the probability of the other event happening. Mutually exclusive events are events that cannot occur ...read more

Amortization is for intangible assets while depreciation is for tangible assets.

• Amortization is the process of spreading the cost of an intangible asset over its useful life.

• Depreciation is the process of spreading the cost of a tangible asset over its useful life.

• Amortization is used for assets like patents, copyrights, and trademarks.

• Depreciation is used for assets like buildings, machinery, and vehicles.

Deferred tax is a liability or asset that arises from the difference between accounting income and taxable income.

• Deferred tax is the tax effect of temporary differences between accounting income and taxable income.

• It can be a liability if taxable income is greater than accounting income, or an asset if the reverse is true.

• Examples include depreciation expenses and revenue recognition timing differences.

• Deferred tax liabilities and assets are reported on the balance sheet.

Yes, I have used SAP extensively in my previous roles as a consultant.

• I have experience in implementing and configuring various SAP modules such as FI/CO, MM, SD, and PP.

• I have also worked on SAP upgrades and migrations.

• I am familiar with SAP best practices and have provided recommendations to clients based on their business requirements.

• One of my recent projects involved implementing SAP S/4HANA for a manufacturing client.

• I have also worked with other ERP systems such as Ora...read more

The 3 golden principles of accounting are: 1) Debit the receiver, credit the giver 2) Debit what comes in, credit what goes out 3) Debit expenses and losses, credit income and gains.

• Debit the receiver, credit the giver: when an asset is received, it is debited and when a liability is given, it is credited

• Debit what comes in, credit what goes out: when cash is received, it is debited and when cash is paid, it is credited

• Debit expenses and losses, credit income and gains: when ...read more