IBM Senior Process Analyst Interview Questions and Answers for Experienced

Price-to-earnings (P/E) ratio is used to evaluate the share.

• P/E ratio compares the current market price of a share to its earnings per share (EPS).

• It helps investors determine if a stock is overvalued or undervalued.

• A high P/E ratio may indicate that the stock is overvalued, while a low P/E ratio may indicate that the stock is undervalued.

• For example, if a company has a P/E ratio of 20, it means that investors are will...read more

RTR process refers to Record to Report process which involves all activities from recording transactions to preparing financial statements.

• RTR process is a crucial part of accounting and finance operations.

• It involves recording financial transactions, reconciling accounts, and preparing financial statements.

• The process ensures accuracy and completeness of financial data.

• It includes activities like journal entries, gene...read more

Accruals are revenues earned but not yet received, while deferrals are payments received but not yet earned.

• Accruals are recorded as accounts receivable on the balance sheet.

• Deferrals are recorded as accounts payable on the balance sheet.

• Examples of accruals include interest income and sales revenue.

• Examples of deferrals include prepaid rent and unearned revenue.

• Accruals and deferrals are important for accurate financi...read more

I am looking for a long-term career opportunity with growth potential.

• I am seeking a stable and long-term position with opportunities for advancement.

• I am committed to contributing to the company's success and growing with the organization.

• I am looking for a role where I can continue to develop my skills and expertise over time.

The golden rules of accounts are basic principles that guide the recording of financial transactions.

• The golden rules include the principles of debit and credit.

• Debit the receiver, credit the giver.

• Debit what comes in, credit what goes out.

• Debit expenses and losses, credit income and gains.

• Debit assets and expenses, credit liabilities, equity, and income.

• Examples: Debiting cash when receiving payment, crediting account