Fortrea Development India Private Limited Associate Manager Interview Questions and Answers

Acid can be converted to ester through a process called esterification.

• Mixing the acid with an alcohol in the presence of an acid catalyst

• Heating the mixture to drive the reaction forward

• Separating the ester from the reaction mixture through distillation or extraction

• Examples: Ethanoic acid + Ethanol -> Ethyl ethanoate + Water

IND AS requires detailed disclosure of fixed assets in financial statements.

• Fixed assets should be disclosed at cost less accumulated depreciation and impairment losses.

• Details of additions, disposals, revaluations, and impairments should be provided.

• Reconciliation of carrying amount at the beginning and end of the period should be disclosed.

• Disclosures should include useful lives, residual values, and depreciation met...read more

Lease accounting under IND AS and Local GAAP differ in treatment of operating leases and finance leases.

• Under IND AS, all leases are recognized on the balance sheet as assets and liabilities, while under Local GAAP only finance leases are recognized.

• IND AS requires lessees to recognize a right-of-use asset and lease liability for all leases, while Local GAAP only recognizes the lease payments as expenses.

• IND AS require...read more

Developed a project management tool for a software company

• Created a web-based tool using React and Node.js

• Implemented features such as task assignment, progress tracking, and deadline reminders

• Collaborated with the development team to ensure seamless integration with existing systems