IHMS Interview Questions and Answers

Q1. Process for verifying journal entries
Ans. 
Verification of journal entries involves reviewing supporting documentation, analyzing transactions, and ensuring accuracy.
• Review supporting documentation such as invoices, receipts, and contracts

• Analyze transactions to ensure they are recorded correctly in the appropriate accounts

• Check for accuracy by reconciling balances and verifying calculations

• Perform a detailed review of journal entries for any errors or inconsis...read more
Answered by AI
Add your answer

Q1. Basic details yourself
Add your answer

Q1. General questions about past experiences, the skills i gathered and salary negotiation part ( Virtual interview )
Add your answer

Q1. Interview with VP sales ( Virtual Interview)
Add your answer

Q1. Interview with Senior VP about general understanding of finances
Add your answer

Focused on the functionality of hashmaps and sorting.

Q1. Follow up questions based on coding test.
Add your answer
Q2. Multiple systems design questions starting with different design patterns and principles, Database sharding, cap theorem. Multiple concepts from springboot were asked.
Add your answer

Q1. More focused on system design, task scheduler and db schema etc. Also multiple questions from resume.
Add your answer

Q1. Simple question not very hard related to java
Add your answer

Q1. Mostly Tech related questions asked in first round
Add your answer
Q2. Managerial round is the final one
Add your answer

Q1. Project overview?
Add your answer
Q2. Technical programming questions?
Add your answer

Q1. Difference between Process and Workflow
Ans. 
Process is a series of tasks or activities to achieve a specific goal, while workflow is the automation of these tasks in a sequence.
• Process is a broader concept that includes all the activities involved in achieving a specific goal.

• Workflow is a more specific concept that focuses on the automation and optimization of these activities in a sequence.

• Processes can be manual or automated, while workflows are typically aut...read more
Answered by AI
Add your answer
Q2. What is business analysis
Ans. 
Business analysis is the process of evaluating business needs, identifying solutions, and facilitating change.
• Analyzing business processes and systems

• Identifying opportunities for improvement

• Gathering and documenting requirements

• Facilitating communication between stakeholders

• Assessing the impact of changes on the organization

• Creating business cases and project plans
Answered by AI
Add your answer