Deloitte Interview Questions, Process, and Tips

Versant English, can refer youtube for that

Financial accounting, logical reasoning & excel 30 + 30 + 15 questions, you get 75 mins to solve, refer the youtube channel "the aptitude guy"

Q1. Take me through your resume, tell me about you family, internship experience
Ans. 
I have a strong background in tax consulting with internship experience and a supportive family.
• I have a Bachelor's degree in Accounting and Finance

• Completed a tax consulting internship at XYZ firm

• Family is supportive of my career goals and education
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Q1. Journal entries
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Q2. Golden rules & accounting concepts
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Q3. Situation based question
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Q1. Mixture of both technical & HR
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Q1. Css flexbox and grid
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Q2. Pagination on scroll
Ans. 
Implementing pagination on scroll allows for loading more content as the user reaches the bottom of the page.
• Use a scroll event listener to detect when the user has reached the bottom of the page

• Make an API call to fetch more data when the bottom is reached

• Append the new data to the existing content on the page
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Q3. Immediately invoked fn and anonymous fn
Ans. 
Immediately invoked function expressions (IIFE) are functions that are executed immediately after they are created.
• IIFE is defined and invoked at the same time using parentheses at the end of the function declaration.

• Anonymous functions do not have a name and can be used as IIFE by wrapping them in parentheses.

• IIFE is commonly used to create a private scope for variables and functions.
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Q4. What are closures
Ans. 
Closures are functions that have access to variables from their outer scope even after the outer function has finished executing.
• Closures allow functions to access variables from their parent function even after the parent function has returned

• They help in creating private variables and functions in JavaScript

• Closures are commonly used in event handlers and callbacks
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Q5. What is promise? explain
Ans. 
A promise is an object representing the eventual completion or failure of an asynchronous operation.
• Promises are used to handle asynchronous operations in JavaScript.

• They can be in one of three states: pending, fulfilled, or rejected.

• Promises can be chained using .then() method to handle success and failure callbacks.

• Example: Fetch API returns a promise when making an HTTP request.
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Q6. What is lazy loading -explain
Ans. 
Lazy loading is a technique used in web development to defer loading non-essential resources until they are needed.
• Lazy loading helps improve page load times by only loading resources when they are required.

• It is commonly used for images, videos, and other media files on a webpage.

• Lazy loading can be implemented using JavaScript libraries like Intersection Observer or by using native browser features like loading='lazy
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Q7. Media query and css selectors
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Q1. What do you mean by deferred revenue?
Ans. 
Deferred revenue refers to income received by a company in advance of earning it, resulting in a liability on the balance sheet.
• Deferred revenue is also known as unearned revenue.

• It is recorded as a liability on the balance sheet until the revenue is recognized.

• Common examples include magazine subscriptions, annual maintenance contracts, and advance payments for services.

• Once the revenue is earned, it is recognized on ...read more
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Q2. Hiw would you reconcile bank balances at the end of the period?
Ans. 
Reconciling bank balances involves comparing the bank statement with the company's records to identify and resolve any discrepancies.
• Obtain the bank statement and compare it with the company's records of transactions.

• Identify any discrepancies such as missing deposits or withdrawals, bank errors, or outstanding checks.

• Adjust the company's records to match the bank statement by recording any necessary corrections.

• Ensure...read more
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Q3. What are the three major activities incvolved in cash flow statement? And in which category would you include purchase of fixed assets and repayment of loans?
Ans. 
The three major activities in cash flow statement are operating activities, investing activities, and financing activities. Purchase of fixed assets would fall under investing activities, while repayment of loans would fall under financing activities.
• Operating activities involve cash flows from day-to-day business operations, such as sales and expenses.

• Investing activities include cash flows related to the purchase and...read more
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Q4. What are the 5 steps of Revenue recognition?
Ans. 
The 5 steps of Revenue recognition are identification of the contract, identification of performance obligations, determination of transaction price, allocation of transaction price, and recognition of revenue as performance obligations are satisfied.
• Identification of the contract: Determine the existence of a contract with a customer.

• Identification of performance obligations: Identify the separate performance obligati...read more
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Q5. Why do you want to join Deloitte?
Ans. 
I want to join Deloitte because of its reputation for providing excellent training and career development opportunities.
• Deloitte is known for its high-quality training programs which will help me develop my skills and knowledge in auditing.

• I am impressed by Deloitte's commitment to employee growth and advancement, which aligns with my career goals.

• I believe that working at Deloitte will provide me with the opportunity ...read more
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Q6. How would you audit fixed assets?
Ans. 
Fixed assets are audited by verifying physical existence, ownership, valuation, and depreciation methods.
• Verify physical existence by conducting physical inventory counts.

• Confirm ownership by reviewing title deeds and purchase agreements.

• Ensure accurate valuation by comparing book value to market value.

• Review depreciation methods and calculations for accuracy.

• Check for impairment indicators and assess if any assets nee...read more
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Q1. Was Given two small tables and was asked the total no of rows returned for each kind of join.
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Q2. In Tableau if the underlining table columns keep on changing than what can be done so that it wont affect on the view level.
Ans. 
Create calculated fields in Tableau to dynamically adjust to changing table columns.
• Use calculated fields to reference specific columns by name instead of position.

• Utilize parameters to allow users to select which columns to display.

• Consider using custom SQL queries to dynamically adjust to changing table structure.
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Q3. Row level security
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Q4. Tell me about your project
Ans. 
Developed a predictive model to forecast customer churn for a telecommunications company.
• Utilized machine learning algorithms such as logistic regression and random forest

• Performed data preprocessing and feature engineering to improve model performance

• Collaborated with business stakeholders to understand key drivers of churn

• Achieved 85% accuracy in predicting customer churn
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Q1. Swap two number without third variable and built in function in python ?
Ans. 
To swap two numbers without a third variable and built-in function in Python, use arithmetic operations.
• Use addition and subtraction to swap the numbers

• Example: a = 5, b = 10. a = a + b, b = a - b, a = a - b will swap the values
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Q2. Write a reverse of string ? str =' My name is Interviewee' --> Interviewee is name My'
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Q3. Find number of zeros in a factorial of number - > 120 - one Zero
Ans. 
The number of zeros in the factorial of 120 is one.
• To find the number of zeros in a factorial, we need to count the number of times the factorial is divisible by 10.

• In the case of 120!, there is one zero because 120! = 120 x 119 x 118 x ... x 1 has one pair of 2 and 5, which results in one zero.

• Factors of 10 in the factorial come from pairs of 2 and 5 in the multiplication.

• For example, in 10!, there are two zeros becau...read more
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Q4. Find number of incident tickets from a Incidents table by each category and order them by number of incident tickets in decreasing order?
Ans. 
To find number of incident tickets from Incidents table by each category and order them by number of incident tickets in decreasing order.
• Group the data by category

• Count the number of incident tickets for each category

• Order the results by number of incident tickets in descending order
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Q1. Managerial question and situation based questions
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Q1. It was good and simple questions were asked related to java, testng and selenium
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Q1. It was difficult and totally based on the coding.
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