FinAcct Technologies Marketing Specialist Interview Questions and Answers

Accrual is an accounting method where revenue or expenses are recognized when earned or incurred, regardless of when payment is received or made.

• Accrual accounting is the opposite of cash accounting

• Accruals are recorded as adjusting entries in the general ledger

• Examples of accruals include interest expense, salaries payable, and accounts receivable

• The entry for an accrual involves debiting an expense account and credit

Contingency liability is a potential liability that may occur in the future based on certain events or circumstances.

• It is a liability that is not certain but may occur in the future

• It is based on certain events or circumstances

• Examples include lawsuits, warranties, and environmental cleanup costs

I use various sales methodologies such as BANT, SPIN selling, and MEDDIC to qualify leads.

• BANT (Budget, Authority, Need, Timeline) - Assessing if the lead has the budget, authority, need, and timeline to make a purchase.

• SPIN Selling (Situation, Problem, Implication, Need-payoff) - Understanding the lead's situation, identifying their problems, exploring the implications, and presenting a need-payoff solution.

• MEDDIC (Me...read more

Dot Net is a software framework developed by Microsoft for building Windows applications. Connected architecture allows for seamless communication between different components of an application.

• Dot Net provides a common runtime environment for different programming languages

• Connected architecture enables easy integration of different modules and services

• Example: A web application using Dot Net can easily communicate wi...read more

Managing stakeholders involves identifying their needs, communicating effectively, and building strong relationships.

• Identify key stakeholders and their interests

• Communicate regularly and transparently

• Build trust and rapport through active listening and responsiveness

• Address concerns and conflicts proactively

• Involve stakeholders in decision-making processes

• Monitor and evaluate stakeholder engagement

• Adjust strategies as

To design a schema that can scale up to billions of rows, consider partitioning, indexing, denormalization, and distributed systems.

• Partition the data to distribute it across multiple servers or shards.

• Use indexing techniques to optimize query performance.

• Consider denormalizing the schema to reduce joins and improve read performance.

• Utilize distributed systems and parallel processing to handle large data volumes.

• Implem...read more