FactSet Interview Questions, Process, and Tips

Q1. Wat is split off
Ans. 
A split off is a corporate restructuring strategy where a subsidiary is separated from the parent company and becomes an independent entity.
• Split off is a method used by companies to divest a portion of their business by creating a new standalone entity.

• The new entity operates independently from the parent company and may have its own management team and shareholders.

• Split offs can be done through a distribution of sha...read more
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Q2. What is tangible assets
Ans. 
Tangible assets are physical assets that have a quantifiable value and can be seen or touched.
• Tangible assets include property, plant, equipment, inventory, and vehicles.

• These assets are used in the operations of a business and are recorded on the balance sheet.

• Tangible assets can be depreciated over time to reflect their decreasing value.

• Examples of tangible assets include buildings, machinery, and land.

• Tangible asset...read more
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Q1. List and tuple difference
Ans. 
List is mutable, tuple is immutable in Python.
• List can be modified after creation, tuple cannot.

• List is defined using square brackets [], tuple using parentheses ().

• Example: list_example = [1, 2, 3], tuple_example = (4, 5, 6)
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Q1. Salary discussion and hybrid model discussion
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Questions related to accounting

Q1. Explain about financial statements
Ans. 
Financial statements are documents that provide information about a company's financial performance and position.
• Financial statements include the income statement, balance sheet, and cash flow statement.

• The income statement shows a company's revenues and expenses over a period of time.

• The balance sheet provides a snapshot of a company's assets, liabilities, and equity at a specific point in time.

• The cash flow statement...read more
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Q2. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.

• It is used to spread out the cost of an asset over its useful life for accounting and tax purposes.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Examples of depreciable assets...read more
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Easy test based on finance , lrdi ,quants and verbal

Q1. Ppt round and based on that questions
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Q2. Education related questions
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Q1. Where you want to see yourself in the next 5 years
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