Deloitte Interview Questions, Process, and Tips

Q1. Deferred tax liability , practical use, how do we calculate
Ans. 
Deferred tax liability is a balance sheet item representing taxes that will be paid in the future due to temporary differences in accounting and tax rules.
• Deferred tax liability arises when a company's taxable income is greater than its accounting income, resulting in taxes being paid in the future.

• It is calculated by multiplying the temporary difference between taxable income and accounting income by the tax rate.

• Exam...read more
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Q2. Swap in simple terms, dividend growth model
Ans. 
A swap is a financial agreement between two parties to exchange cash flows or other financial instruments.
• A swap involves two parties exchanging cash flows or other financial instruments based on a predetermined set of terms.

• Common types of swaps include interest rate swaps, currency swaps, and commodity swaps.

• The dividend growth model is a method used to value a company's stock based on the expected future dividends i...read more
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Market sizing and entry strategy

Q1. Why do you want to pursue in this role?
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Q2. How do you do a cold call?
Ans. 
A cold call involves reaching out to potential clients or customers without any prior contact or relationship.
• Research the company or individual you are calling to tailor your pitch

• Introduce yourself and explain the purpose of your call

• Highlight the benefits of your product or service

• Handle objections professionally and try to schedule a follow-up meeting

• Follow up with an email or additional information as needed
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Q1. What is commercial due diligence?
Ans. 
Commercial due diligence is the process of evaluating a company's commercial potential and risks before making an investment or partnership.
• Involves analyzing market trends, competition, customer base, and growth potential

• Assesses the target company's business model, revenue streams, and key performance indicators

• Helps investors make informed decisions by identifying potential opportunities and threats

• May include inter...read more
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Q2. How do you handle a difficult client?
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Q1. What are the features of Java 8?
Ans. 
Java 8 introduced several new features including lambda expressions, functional interfaces, streams, and default methods.
• Lambda expressions allow you to write code in a more concise and readable way. For example, (a, b) -> a + b.

• Functional interfaces are interfaces with a single abstract method, such as java.util.function.Function.

• Streams provide a way to work with collections of objects in a functional style. For e...read more
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Q2. What are generics in Java, and how do they provide benefits?
Ans. 
Generics in Java allow for type-safe collections and classes, providing compile-time type checking and reducing the need for casting.
• Generics enable the creation of classes, interfaces, and methods that operate on specified types.

• They provide compile-time type safety, preventing runtime errors due to type mismatches.

• Generics reduce the need for explicit type casting, making code more readable and maintainable.

• Example: ...read more
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Q3. Streams API coding questions.(3-4 question.)
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Q4. What are the classes involved from the entity to the controller level, and can you explain the annotations used in each?
Ans. 
Classes and annotations used from entity to controller level in a Java application.
• Entity classes represent database tables and are annotated with @Entity.

• Repository classes handle database operations and are annotated with @Repository.

• Service classes contain business logic and are annotated with @Service.

• Controller classes handle HTTP requests and are annotated with @Controller.
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Q5. SQL queries(2-3 questions).
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Q6. What is the usage of Spring Batch, and how did you implement it in your project? What are its key features?
Ans. 
Spring Batch is a lightweight, comprehensive batch framework designed for robust, scalable batch processing.
• Spring Batch is used for processing large volumes of data in batch jobs.

• It provides reusable functions for common batch processing scenarios such as reading, processing, and writing data.

• Spring Batch can be implemented to handle complex processing logic, error handling, and transaction management.

• Key features inc...read more
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Q7. What is the mechanism of how React works, specifically in relation to the Virtual DOM?(Some Additional questions on React - Theoretical)
Ans. 
React uses Virtual DOM to efficiently update the actual DOM by comparing the changes and only updating what is necessary.
• React creates a virtual representation of the actual DOM called Virtual DOM.

• When state or props change, React compares the Virtual DOM with the actual DOM to identify the differences.

• React then updates only the necessary parts of the actual DOM, minimizing the number of DOM manipulations.

• This process...read more
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Q1. Which design patterns are you familiar with?
Ans. 
I am familiar with design patterns such as Singleton, Factory, Observer, and Strategy.
• Singleton

• Factory

• Observer

• Strategy
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Q2. Which design patterns have you used, and how have you implemented them? Please explain.
Ans. 
I have used design patterns such as Singleton, Factory, and Observer in my projects.
• Implemented Singleton pattern to ensure only one instance of a class exists

• Utilized Factory pattern to create objects without specifying the exact class

• Applied Observer pattern to establish a one-to-many dependency between objects
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Q3. What are threads in the context of programming?
Ans. 
Threads in programming are lightweight processes that can run concurrently within a program.
• Threads allow for parallel execution of tasks within a program

• Threads share the same memory space, allowing for efficient communication and data sharing

• Examples of using threads include multi-threaded web servers and parallel processing in data analysis
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Q4. Benefits of Spring Boot over Spring?
Ans. 
Spring Boot simplifies Spring application development by providing out-of-the-box features and reducing configuration.
• Spring Boot reduces boilerplate code by providing default configurations for various components like embedded servers, logging, and security.

• Spring Boot allows for easier deployment by packaging applications as standalone JAR files with embedded containers.

• Spring Boot provides a range of starter depende...read more
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Q1. It was basic salary and expectation discussion.
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It was medium and if you focus you should be able to complete that!

Q1. Heat map and tree map difference and what you did so far in Tableau!
Ans. 
Heat maps display data in colors on a grid, while tree maps show hierarchical data using nested rectangles.
• Heat maps use colors to represent data values on a grid, while tree maps use nested rectangles to display hierarchical data.

• In Tableau, I have created heat maps to visualize sales data across different regions, and tree maps to show the sales distribution by product categories.

• Heat maps are useful for identifying ...read more
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Q2. Tool tips use. Types of graph which can help in KPIs
Ans. 
Different types of graphs like bar charts, line graphs, and pie charts can help in visualizing KPIs effectively.
• Bar charts can be used to compare KPIs across different categories or time periods.

• Line graphs are useful for showing trends and changes in KPIs over time.

• Pie charts can display the proportion of each KPI relative to the total.

• Combination charts can be used to show multiple KPIs in a single graph for comparis
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Q1. Cultural fit question and scenario questions.
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