Guidehouse Associate Interview Questions and Answers

Q1. Fit interview with PEI
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Optimise social media marketing channels

Grow market share for a milk company

1.1.1 Maths
1.1.2 English
1.1.3 Logical Reasoning
1.2 Objective Business Case
1.3 Video Round (guesstimates + behavioural)

1.1 Case Study - 2 page solid case study with multiple calculative and descriptive questions (similar to DILR of CAT but easier and business oriented)
1.2 Case Debrief - questions on 1.1

Q1. Basic interests, hobby, why ZS, Guesstimates, Puzzles
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Q1. Different types of options
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Q2. Different case study
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Q1. What is risk asstement
Ans. 
Risk assessment is the process of identifying, analyzing, and evaluating potential risks to an organization or project.
• Identifying potential risks that could impact the organization or project

• Analyzing the likelihood and impact of each risk

• Evaluating the level of risk and determining appropriate mitigation strategies

• Examples: conducting a SWOT analysis, using risk matrices, performing scenario analysis
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Q2. What is overall materality
Ans. 
Overall materiality is the threshold at which misstatements in the financial statements could influence the decisions of users.
• Overall materiality is determined by considering the size and nature of the financial statements as a whole.

• It helps auditors in determining the extent of their audit procedures and the level of detail to be examined.

• If misstatements exceed overall materiality, they are considered material and ...read more
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