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Double HR Consultancy Interview Questions and Answers

Updated 11 Sep 2024
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Q1. In what case there will be breach of contract for company?

Ans.

A breach of contract for a company occurs when one party fails to fulfill their obligations as outlined in the contract.

  • Failure to deliver goods or services as agreed

  • Non-payment or late payment for goods or services

  • Violation of terms and conditions specified in the contract

  • Failure to meet quality standards

  • Failure to meet deadlines or deliverables

  • Misrepresentation or fraud

  • Unauthorized disclosure of confidential information

  • Failure to provide necessary support or assistance

  • Viola...read more

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Q2. IFRS standards on the technical side

Ans.

IFRS standards are a set of accounting rules that companies must follow to report financial information accurately.

  • IFRS stands for International Financial Reporting Standards

  • IFRS is used by companies in over 100 countries

  • IFRS provides a common language for financial reporting

  • IFRS covers topics such as revenue recognition, leases, and financial instruments

  • IFRS is constantly evolving and being updated to reflect changes in the business world

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Q3. Key factors to consider during IT separation

Ans.

Key factors to consider during IT separation

  • Identify critical systems and data

  • Develop a plan for data migration and system decommissioning

  • Ensure compliance with legal and regulatory requirements

  • Communicate effectively with stakeholders

  • Manage risks and ensure business continuity

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Q4. What is the expectation

Ans.

The expectation for an Assistant Manager is to assist the manager in achieving the goals of the organization.

  • Assist the manager in day-to-day operations

  • Ensure smooth functioning of the team

  • Maintain good communication with team members and higher-ups

  • Help in achieving organizational goals

  • Provide support to team members when needed

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Q5. Main components of contract

Ans.

The main components of a contract include offer, acceptance, consideration, legality, capacity, and intention.

  • Offer: One party makes a proposal to another party.

  • Acceptance: The other party agrees to the terms of the offer.

  • Consideration: Both parties exchange something of value.

  • Legality: The contract must be legal and not against public policy.

  • Capacity: Both parties must have the legal capacity to enter into a contract.

  • Intention: Both parties must intend to create a legally bi...read more

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Q6. Tool I use for presentation

Ans.

I use Microsoft PowerPoint for presentations.

  • Microsoft PowerPoint is a widely used tool for creating and delivering presentations.

  • It offers a variety of features such as slide templates, animations, and multimedia integration.

  • PowerPoint allows for easy organization and customization of content.

  • It supports the creation of visually appealing and professional-looking presentations.

  • Examples of PowerPoint presentations include sales pitches, training sessions, and conference talks...read more

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Q7. Ind AS 116 - Recognition criteria

Ans.

Ind AS 116 sets out the principles for the recognition of leases by lessees and lessors.

  • Leases are recognized as assets and liabilities on the balance sheet

  • The lease term is the non-cancellable period for which the lessee has the right to use the underlying asset

  • The lease payments are apportioned between interest expense and reduction of the lease liability

  • Initial direct costs incurred by the lessee are added to the amount recognized as an asset

  • Examples: office space lease, e...read more

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Interview Process at Double HR Consultancy

based on 4 interviews in the last 1 year
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