GlobalLogic Management Trainee Interview Questions and Answers

Yes, I am ready to relocate for the Analyst position.

• I am open to moving to a new location for the right opportunity.

• I understand that relocation may be necessary for career growth.

• I have previously relocated for work and have adapted well to new environments.

• I am excited about the possibility of exploring a new city and experiencing different cultures.

Depreciation on intangible assets is not allowed under generally accepted accounting principles (GAAP).

• Intangible assets such as patents, copyrights, and trademarks are not subject to depreciation.

• Instead, they are typically amortized over their useful lives.

• Amortization is the systematic allocation of the cost of an intangible asset over its estimated useful life.

• The amortization expense is recorded as an operating ex...read more

Accrual entry is a journal entry made to record revenue or expenses that have been earned or incurred but not yet received or paid.

• Accrual entry is used to match revenue and expenses to the period in which they were earned or incurred.

• It is recorded as a debit to an expense or asset account and a credit to a liability or revenue account.

• Examples of accrual entries include recording unpaid salaries, interest on loans, a...read more