10+ SBFC Finance Interview Questions and Answers

Diesel cycle is a thermodynamic cycle used in diesel engines to convert heat into work.

• Air is compressed in the cylinder, causing its temperature to rise.

• Fuel is injected into the cylinder, igniting due to the high temperature.

• The expanding gases push the piston, converting heat into mechanical energy.

• Exhaust gases are expelled from the cylinder.

• Diesel cycle is more efficient than Otto cycle used in gasoline engines.

Maintain stock physical vs SAP by regular physical inventory checks and updating SAP system accordingly.

• Conduct regular physical inventory checks to ensure stock accuracy

• Compare physical stock with SAP system records

• Update SAP system with any discrepancies found during physical inventory checks

• Ensure proper documentation and record keeping of physical inventory checks

• Train staff on proper stock management procedures

• Use barcode scanning or RFID technology to improve accuracy

• Im...read more

Theories of failure are mathematical models used to predict the failure of materials under different loading conditions.

• Theories of failure help engineers design structures that can withstand different types of loads.

• Some common theories of failure include maximum shear stress theory, maximum normal stress theory, and maximum strain energy theory.

• These theories are based on different assumptions about the behavior of materials under stress.

• For example, the maximum shear stres...read more

A pointer is a variable that stores the memory address of another variable.

• Pointers are used to manipulate data structures efficiently.

• They can be used to pass values by reference to functions.

• Pointer arithmetic can be used to iterate over arrays.

• Null pointers are used to indicate that a pointer does not point to a valid address.

Matching material sap vs physical stock is important to avoid material loss and book scrap on time.

• Matching material sap vs physical stock helps in identifying any material loss

• Booking scrap on time helps in reducing inventory time loss

• Maintaining accurate inventory records is crucial for efficient store management

Daily inventory helps to keep track of stock levels and prevent stockouts.

• Prevents stockouts and overstocking

• Helps in identifying slow-moving items

• Assists in making informed purchasing decisions

• Ensures accurate financial reporting

The t code used for stock checking is MB52.

• MB52 is a transaction code in SAP used for displaying warehouse stocks.

• It provides information on stock quantity, value, and movement.

• It can be used to check stock levels for a specific material or plant.

• MB52 can also be used to display stock for a specific date range.

SAP MM is a module in SAP ERP that manages materials management and purchasing processes.

• SAP MM stands for Systems, Applications, and Products in Materials Management

• It is a module in SAP ERP that focuses on managing materials, inventory, and procurement

• SAP MM handles various functions like material planning, purchasing, inventory management, and invoice verification

• It helps streamline the procurement process, track inventory levels, and ensure timely delivery of materials

• Pur...read more

In my last project, I handled and manipulated data by cleaning and transforming raw data into usable formats for analysis.

• Performed data cleaning to remove duplicates, errors, and inconsistencies

• Transformed data using tools like SQL, Python, and Excel

• Used data visualization techniques to identify patterns and trends

• Applied statistical analysis to draw insights and make data-driven decisions

Demand planning is the process of forecasting customer demand for a product or service to optimize inventory levels and meet customer needs.

• Analyze historical sales data to identify trends and patterns

• Consider external factors such as market trends, seasonality, and promotions

• Collaborate with sales, marketing, and production teams to gather input and insights

• Use forecasting techniques such as moving averages, exponential smoothing, and regression analysis

• Adjust forecasts base...read more

Arrays are used to store multiple values of the same data type. Pointers are used to store memory addresses of variables.

• Arrays are accessed using index notation, e.g. array[0]

• Pointers can be used to access array elements, e.g. *(array+0)

• Arrays can decay into pointers when passed to functions

• Pointers can be used to dynamically allocate memory for arrays

Material storage status refers to the current condition and availability of materials in storage.

• Material storage status includes information on the quantity, location, and condition of materials in storage.

• This information is important for inventory management and ensuring that materials are available when needed.

• Material storage status can be tracked using inventory management software or manual record-keeping.

• Examples of material storage status include 'in stock', 'out of ...read more

Bottleneck is a point in a process where the flow of work is limited or slowed down.

• Bottlenecks can occur in any process, from manufacturing to software development.

• They can be caused by a lack of resources, inefficient processes, or unexpected events.

• Identifying and addressing bottlenecks is important for improving efficiency and productivity.

• Examples of bottlenecks include a single machine in a production line that slows down the entire process, or a team member in a softwa...read more

Activities can be managed by setting clear goals, prioritizing tasks, delegating responsibilities, and utilizing technology.

• Set clear goals and objectives for each activity

• Prioritize tasks based on importance and deadlines

• Delegate responsibilities to team members based on their strengths and expertise

• Utilize inventory management software to streamline processes and track inventory levels

• Regularly review and adjust activities to ensure efficiency and effectiveness

Qualification refers to the skills, knowledge, and experience required for a particular job or task.

• Qualification is a set of requirements that an individual must meet to be considered for a job or position.

• It can include educational degrees, certifications, licenses, and relevant work experience.

• Qualification is important for ensuring that individuals have the necessary skills and knowledge to perform their job effectively.

• For example, a software engineer may need a degree i...read more

My core values include integrity, continuous learning, teamwork, and problem-solving.

• Integrity - I believe in always being honest and transparent in my work.

• Continuous learning - I am committed to staying updated with the latest technologies and techniques in the field.

• Teamwork - I value collaboration and believe in the power of working together towards a common goal.

• Problem-solving - I enjoy tackling challenges and finding innovative solutions to complex problems.