Girish Murthy & Kumar Audit Assistant Interview Questions and Answers

Hedge funds are investment funds that use various strategies to generate high returns for their investors.

• Hedge funds are typically only available to accredited investors due to their high-risk nature.

• They often use leverage and derivatives to amplify returns.

• Hedge funds can invest in a wide range of assets, including stocks, bonds, commodities, and currencies.

• Some famous hedge funds include Bridgewater Associates, Ren...read more

Other approaches to the same job could include automation, outsourcing, or reorganizing the team.

• Automation: Implementing technology to streamline processes and reduce manual labor.

• Outsourcing: Hiring a third-party company to handle certain tasks or responsibilities.

• Reorganizing the team: Restructuring roles and responsibilities to optimize efficiency and productivity.

• Example: Automating inventory management to reduce ...read more

Collecting payments from individual customers involves various methods and strategies.

• Offer multiple payment options such as credit/debit cards, online payments, and cash

• Send timely reminders and follow-up emails/calls to customers with outstanding payments

• Implement a clear and concise payment policy to avoid confusion and disputes

• Consider offering discounts or incentives for early payments or bulk purchases

• Utilize a r...read more