Happymonk AI labs Interview Questions and Answers

Q1. Basic Javascript questions were asked like Hoisting, Event Loop, Closure.
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Q2. What are semantic tags? << HTML based question
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Q3. What is currying in js?
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Q4. What is the difference between Map and Filter?
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Q5. What is the difference between Map and ForEach?
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Q6. What is the difference between Authentication and Authorization?
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Q7. What is the difference between Local storage and Session storage?
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Q1. This was the Final round, it lasted for around 30 mins and the interviewer gave me a coding question to build a Countdown Timer app.
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Q1. Can you please tell us about yourself?
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Q2. Can you describe some recent development work that you have completed?
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Q3. What are the differences between DDP, DPP and process property?
Ans. 
DDP, DPP, and process property are different concepts in the field of data analysis and management.
• DDP stands for Data Distribution Protocol, which is used for distributing data across multiple nodes in a network.

• DPP stands for Data Processing Pipeline, which is a series of data processing steps that are executed in a specific order.

• Process property refers to the characteristics or attributes of a data processing opera...read more
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Q4. What steps can you take to speed up execution through development changes?
Ans. 
To speed up execution through development changes, steps can include optimizing code, automating processes, and improving communication.
• Optimize code by identifying and removing bottlenecks

• Automate repetitive tasks to reduce manual effort and human error

• Improve communication between team members to ensure smooth collaboration and coordination
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Q1. What are your reasons for wanting to leave your current organization and join ours?
Ans. 
Seeking new challenges, growth opportunities, and a better cultural fit.
• Desire for new challenges and growth opportunities

• Seeking a better cultural fit

• Interested in the organization's values and mission

• Looking for a more collaborative work environment

• Wanting to expand skill set and knowledge
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Q2. What are your preferences between financial compensation and job satisfaction?
Ans. 
I value job satisfaction over financial compensation, as it leads to long-term fulfillment and motivation.
• Job satisfaction is crucial for overall well-being and productivity

• Financial compensation is important but not the sole factor for job satisfaction

• Examples: opportunities for growth, work-life balance, positive work environment
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Q3. Where do you envision yourself in the next five years?
Ans. 
In the next five years, I envision myself as a Senior Manager leading a team of high-performing individuals in a dynamic and innovative company.
• Continuing to excel in my current role and taking on more responsibilities

• Developing strong leadership skills through mentorship and training programs

• Building a strong network within the industry to stay updated on trends and best practices

• Working towards achieving professional...read more
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Q1. What is correlation and parameterization?
Ans. 
Correlation is the process of extracting dynamic values from server responses and passing them to subsequent requests. Parameterization is the process of replacing hard-coded values in scripts with variables.
• Correlation involves identifying and capturing dynamic values like session IDs or tokens from server responses.

• Parameterization involves replacing hard-coded values in scripts with variables to make them reusable a...read more
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Q2. Explain load, stress, all testing?
Ans. 
Load testing is to test the system under normal and peak load conditions, stress testing is to test the system beyond its limits, and all testing is a combination of both.
• Load testing checks the system's ability to handle expected load levels, ensuring performance under normal conditions.

• Stress testing pushes the system beyond its limits to identify breaking points and measure performance degradation.

• All testing combin...read more
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Q3. Explain PTLC?
Ans. 
PTLC stands for Performance Testing Life Cycle, which is a set of activities involved in the performance testing process.
• PTLC involves planning, preparation, execution, analysis, and reporting of performance tests.

• It includes defining performance goals, creating test scenarios, setting up test environments, running tests, analyzing results, and making recommendations.

• Example: In PTLC, performance engineers work closely...read more
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Q4. Loadrunner scripting, execution and reports issue faced and how to process?
Ans. 
Issues faced in Loadrunner scripting, execution, and reports
• Scripting: faced issues with correlation, parameterization, and dynamic data handling

• Execution: encountered problems with test environment setup, resource constraints, and test data management

• Reports: struggled with result analysis, performance bottlenecks identification, and report customization
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Q5. LG calculation and workload modelling process?
Ans. 
LG calculation and workload modelling process involves determining the number of Load Generators required and creating a realistic simulation of user behavior.
• Calculate the number of Load Generators needed based on expected user load and performance goals.

• Create workload models by analyzing user behavior patterns, transaction volumes, and system usage.

• Consider factors like peak load times, user distribution, and transa...read more
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Q6. NFR scenarios?
Ans. 
NFR scenarios refer to non-functional requirements that define the quality attributes of a system.
• NFR scenarios focus on aspects like performance, scalability, reliability, and security.

• Examples include load testing to assess system performance under expected load, stress testing to evaluate system behavior under extreme conditions, and security testing to identify vulnerabilities.

• NFR scenarios help ensure that the sys...read more
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Q1. Loadrunner questions
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Q1. Check your soft skills
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Q1. Complete your details
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A case study in an Optum interview typically revolves around solving a real-world problem related to healthcare, data analysis, technology, or business strategy, given Optum’s focus on healthcare services and technology solutions. Here are some tips on how to approach a case study interview at Optum and a sample example:

Steps to Approach an Optum Case Study:

1. Understand the Problem Statement:

Take time to read the case study carefully and make sure you understand the key issue or question.

Identify the stakeholders involved (patients, healthcare providers, insurance companies, etc.) and the objective (cost reduction, improving patient outcomes, increasing efficiency, etc.).



2. Clarify Assumptions:

If there are any ambiguous elements, ask questions to clarify the problem.

You can also state your assumptions if you're making any, but be clear that these are assumptions.



3. Break Down the Problem:

Identify key data points you would need to analyze.

Break the problem into smaller pieces that can be addressed step-by-step.



4. Analyze:

Use frameworks like SWOT analysis, PESTLE analysis, or Porter’s Five Forces if applicable to the case.

In case of a data-related problem, try to identify key metrics (such as patient satisfaction, cost, quality of care, etc.) and how they can be improved or measured.

For technology-related cases, consider aspects like scalability, security, user experience, and integration with existing systems.



5. Propose a Solution:

Present your findings logically and suggest a solution based on your analysis.

Make sure to consider both short-term and long-term impacts on patient

Q1. When interviewing with Optum, you can expect a mix of technical, behavioral, and situational questions, especially considering their focus on healthcare services, technology, and data analysis. Here are so...read more
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Q2. Done
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Computer typing should be 40 wpm. And optional question answer multiple choice questions

Online assessment (Technical, English, Reasoning)

Q1. Difference between Balance sheet and trial balance
Ans. 
Balance sheet shows assets, liabilities, and equity at a specific point in time. Trial balance lists all ledger accounts with their balances.
• Balance sheet is a snapshot of a company's financial position at a specific point in time.

• Trial balance is a list of all ledger accounts with their balances to ensure debits equal credits.

• Balance sheet includes assets, liabilities, and equity sections.

• Trial balance is used to prep...read more
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Q2. Standard costing formula
Ans. 
Standard costing formula calculates the expected cost of a product based on predetermined standards.
• Standard costing formula includes direct materials, direct labor, and overhead costs.

• It helps in comparing actual costs with standard costs to identify variances.

• Formula: Standard Cost = Standard Quantity of Inputs x Standard Price of Inputs
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Q3. Journal entries for Prepaid Accruals Depreciation with accumulated depreciation concept Provision for Bad debts DTA and DTL
Ans. 
Explanation of journal entries for Prepaid, Accruals, Depreciation, Provision for Bad debts, DTA, and DTL.
• Prepaid expenses are initially recorded as assets and then expensed over time as they are used up.

• Accruals are expenses incurred but not yet paid or revenue earned but not yet received.

• Depreciation is the allocation of the cost of a fixed asset over its useful life, with accumulated depreciation representing the to...read more
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Q4. Case study on Ind AS 115
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Q5. Preparation of balance sheet and computation of various ratios
Ans. 
Preparation of balance sheet involves listing assets, liabilities, and equity. Ratios are computed using financial data from the balance sheet.
• List all assets, liabilities, and equity on the balance sheet

• Calculate various financial ratios such as current ratio, debt to equity ratio, and return on equity

• Use formulae like Current Ratio = Current Assets / Current Liabilities

• Interpret the ratios to analyze the financial he
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Q6. Accounting principles
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Q1. What is DTA and DTL
Ans. 
DTA stands for Deferred Tax Asset and DTL stands for Deferred Tax Liability.
• DTA is an asset recorded on a company's balance sheet that may be used to reduce taxable income in the future.

• DTL is a liability recorded on a company's balance sheet that represents taxes that have been accrued but not yet paid.

• DTA arises when a company has overpaid taxes or has tax deductions that exceed its taxable income.

• DTL arises when a c...read more
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Q2. Accounting entry for accumulated depreciation
Ans. 
Accumulated depreciation is a contra asset account that represents the total depreciation expense taken on an asset since it was acquired.
• Accumulated depreciation is recorded on the balance sheet as a reduction from the gross amount of fixed assets to arrive at the net book value.

• The accounting entry for accumulated depreciation involves debiting the depreciation expense account and crediting the accumulated depreciati...read more
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Q3. Few resume based questions
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Q4. Standard costing formula
Ans. 
Standard costing formula calculates the expected cost of a product based on predetermined standards.
• Standard costing formula = Standard cost of direct materials + Standard cost of direct labor + Standard manufacturing overhead cost

• Standard cost of direct materials = Standard quantity of materials x Standard price per unit

• Standard cost of direct labor = Standard hours of labor x Standard rate per hour

• Standard manufactur...read more
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Q5. Difference between budgeting and forecasting
Ans. 
Budgeting involves setting financial goals and allocating resources, while forecasting predicts future financial outcomes based on past data and trends.
• Budgeting is a plan for how to allocate resources and achieve financial goals

• Forecasting predicts future financial outcomes based on past data and trends

• Budgeting is typically done on an annual basis, while forecasting can be done on a shorter or longer term basis

• Budget...read more
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Q6. Meaning of variance analysis
Ans. 
Variance analysis is a technique used to identify and analyze the difference between planned financial outcomes and actual results.
• Variance analysis helps in understanding the reasons for deviations from budgeted or expected figures.

• It involves comparing actual financial performance with budgeted or standard performance.

• Common types of variances include price variance, quantity variance, and mix variance.

• Variance analy...read more
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