Haier Appliances India Operations Intern Interview Questions and Answers

Various types of products available in the market include consumer goods, electronics, clothing, food and beverages, and personal care items.

• Consumer goods (e.g. household items, appliances)

• Electronics (e.g. smartphones, laptops)

• Clothing (e.g. shirts, dresses)

• Food and beverages (e.g. snacks, drinks)

• Personal care items (e.g. skincare products, toiletries)

Contingent liability is a potential obligation that may arise in the future depending on the outcome of a specific event.

• It is a possible liability that may or may not occur in the future

• It depends on the outcome of a specific event

• It is recorded in the financial statements as a footnote

• Examples include pending lawsuits, warranties, and guarantees

Accrual is recognition of revenue or expense before payment. Provision is an estimated expense or liability.

• Accrual is recognized when revenue or expense is incurred, regardless of payment.

• Provision is an estimated expense or liability that may or may not occur in the future.

• Accrual is a part of the accounting process, while provision is a part of financial planning.

• Examples of accrual include salaries payable and inte...read more

My strength lies in my ability to lead and motivate teams towards achieving common goals.

• Effective communication skills

• Strong problem-solving abilities

• Ability to delegate tasks and responsibilities

• Experience in managing diverse teams

• Proven track record of achieving targets and deadlines