Ernst & Young Interview Questions, Process, and Tips

Q1. Project and techstack related dscussion and questions.
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Q2. Remove duplicates and print the string using java. To be written on paper
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Q3. Character count in string. To be written on paper
Ans. 
Count the number of characters in a given string.
• Iterate through each character in the string and increment a counter for each character.

• Return the final count of characters in the string.
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Q4. General Selenium, TestNG, Cucumber BDD questions.
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Q5. API Testing Questions like status codes, parameters we pass in postman.
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Q6. Write Basic RestAssured code on paper.
Ans. 
Basic RestAssured code for API testing
• Import necessary RestAssured libraries

• Set base URI for the API

• Send a GET request to the API endpoint

• Validate response status code and body
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Q7. Switch values in two variables without third variable.
Ans. 
Use bitwise XOR operation to switch values in two variables without a third variable.
• Use bitwise XOR operation to switch values in two variables without a third variable.

• Example: a = 5, b = 7. After switching, a = 7, b = 5.

• a = a XOR b

• b = a XOR b

• a = a XOR b
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Q1. List a few concepts you learnt in your previous internship ?
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Quantitative aptitude, audit based questions

Q1. Principles of auditing
Ans. 
Principles of auditing are fundamental concepts that guide the auditing process to ensure accuracy and reliability of financial statements.
• Independence: Auditors must remain unbiased and free from conflicts of interest.

• Integrity: Auditors must be honest and ethical in their work.

• Objectivity: Auditors must approach the audit with an open mind and without bias.

• Confidentiality: Auditors must keep all information obtained ...read more
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Q2. What is internal auditing
Ans. 
Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization's operations.
• Internal auditing evaluates the effectiveness of risk management, control, and governance processes within an organization.

• It helps organizations accomplish their objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk managem...read more
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Q3. What is external audit
Ans. 
External audit is an independent examination of financial statements conducted by a third party.
• External audit is conducted by a certified public accountant (CPA) or a firm of CPAs.

• It provides assurance to stakeholders that the financial statements are free from material misstatements.

• External auditors follow generally accepted auditing standards (GAAS) to perform their audit procedures.

• The main objective of an externa...read more
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Q4. What is balance sheet
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are what the company owns, liabilities are what it owes, and equity is the difference between the two.

• The balance sheet follows the accounting equation: Assets = Liabilities + Equity.

• It helps investors, creditors, and analysts assess th
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Q1. Difference between internal audit and external audit
Ans. 
Internal audit is conducted by employees of the company to assess internal controls and operations, while external audit is conducted by independent auditors to provide an opinion on financial statements.
• Internal audit is conducted by employees of the company, while external audit is conducted by independent auditors.

• Internal audit focuses on assessing internal controls and operations of the company, while external aud...read more
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Q2. Do you have any any questions on the company
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Q1. Basics of Guidewire
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Q2. Adl and rate book changes
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Aptittude test consist of basic quantitative and logical questions

Q1. About project and project details
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Q2. Why choose this field
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Q1. Why choose this company
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Q2. Is there any other question
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