Grade Island Financial Planning and Analysis Analyst Interview Questions and Answers

Basic aptitude test not really hard

In this we need to repeat the sentence that we have listen through computer software and rewrite it and some times need to give vocal test roo

Q1. What is depreciation and amortization
Ans. 
Depreciation and amortization are accounting methods used to allocate the cost of tangible and intangible assets over their useful lives.
• Depreciation is the allocation of the cost of tangible assets (such as buildings, machinery, vehicles) over their useful lives.

• Amortization is the allocation of the cost of intangible assets (such as patents, copyrights, trademarks) over their useful lives.

• Both depreciation and amorti...read more
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Q2. What is budget and forecats difference between it and its various technique
Ans. 
Budget is a plan for future financial activities, while forecast is a prediction of future financial outcomes.
• Budget is a detailed financial plan for a specific period, usually a year, outlining expected revenues and expenses.

• Forecast is an estimate of future financial outcomes based on past data and current trends.

• Budgeting techniques include zero-based budgeting, incremental budgeting, and activity-based budgeting.

• Fo...read more
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Q3. Latest finance news headlines.
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Q1. Self Introduction to know our fluency in English
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Q1. Versant and Belit test is regarding Communication Test
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Q1. Walk me through your resume
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Q2. Accounting concepts,
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Q3. Difference between Forecasting and Budgeting.
Ans. 
Forecasting is predicting future outcomes based on past data while budgeting is planning for future expenses and revenues.
• Forecasting involves analyzing historical data and trends to predict future outcomes.

• Budgeting involves setting financial goals and planning for future expenses and revenues.

• Forecasting is more flexible and can be adjusted based on changing circumstances.

• Budgeting is more rigid and typically involve...read more
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Q4. Excel based questions regarding advantages and disadvantages of functions,
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Q5. Strengths and Weaknesses,
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Q6. Will you believe in Hard work or Smart work
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Q7. Depreciation and Amortisation Concepts, Journal Entries,
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Aptitude test contains Logical Reasoning Questions, Analytical Skills questions, and some general Questions, there are no coding questions for it

Q1. First Question is to introduce yourself
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Q2. Want to explain me my data science project I explained it in good way
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Q3. Gave some scenario that how your project will work for these secnarios
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Q4. Asks me about the polymorphism and its example
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Q5. Asks about my family background
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Q6. Asks whether I am able to relocate
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Q1. Tell me about yourself.
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Q2. What were your job responsibilities in your previous company?
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Logical and reasoning questions.

Introduce the topic area of the report, outlining the purpose of the case study. Summarize the key issues and findings without providing specific details, and identify the theory employed.

Q1. What is the importance of ensuring data accuracy in Management Information Systems (MIS)?
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Q2. Can you describe your experience in managing a complex Management Information Systems (MIS) project?
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Q1. What is your current salary?
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Q2. What percentage of salary raises do you typically issue?
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