Illusion Dental Laboratory Business Analyst Interview Questions and Answers

Q1. Tell me about your Previous Exp What is the Reason for leaving Technical questions of Process A mindset to work with a company Excel knowledge Basic Accounting knowledge (Short Pay- Over Pay)
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Q2. Tell me about O2C Process Cash Application Process
Ans. 
O2C process involves all activities from order placement to cash collection. Cash application process involves matching payments to invoices.
• O2C stands for Order-to-Cash process

• It includes order management, credit check, pricing, invoicing, payment processing, and cash collection

• Cash application process involves matching payments received to invoices issued

• It ensures accurate recording of payments and timely resolution...read more
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Q1. End to End Process and Configs from all aspects of the SAP EWM
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The SAP EWM involves configuring end-to-end processes for warehouse management.
• Configuration of warehouse structure and layout

• Setting up storage types, storage bins, and storage sections

• Defining warehouse tasks and activities

• Configuring goods receipt and goods issue processes

• Integration with other SAP modules like MM, SD, and PP
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Q1. Interview conducted by onsite Team Lead
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Q1. Complete Lifecycle of the SAP Products
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SAP products go through various stages from development to end of life, including design, development, testing, implementation, maintenance, and retirement.
• Design phase involves planning and creating the product's architecture.

• Development phase includes coding and building the product.

• Testing phase ensures the product meets quality standards.

• Implementation phase involves deploying the product for use by customers.

• Maint...read more
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Q1. General HR round
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Simple case study regarding logistics and supply chain

Basic questions about the case study

Q1. Scenario based question on management
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Q1. About current work details
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Q2. Advance excel and technical question
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Q1. About previous experience
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Q2. What is your idea of good working environment
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A good working environment is one that promotes collaboration, open communication, and a positive atmosphere.
• Collaboration: Encouraging teamwork and cooperation among team members.

• Open communication: Creating an environment where everyone feels comfortable expressing their ideas and concerns.

• Positive atmosphere: Fostering a supportive and inclusive culture that values and appreciates each individual's contributions.

• Wor...read more
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Q1. Tell me about yourself
Ans. 
Experienced Senior Analyst with a background in financial analysis and data interpretation.
• Over 5 years of experience in analyzing financial data and providing strategic recommendations

• Proficient in using various analytical tools and software such as Excel, Tableau, and SQL

• Strong communication skills with a proven track record of presenting complex data to stakeholders

• Ability to work independently and as part of a team
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Q2. What is your notice period?
Ans. 
My notice period is currently one month.
• Notice period is one month

• I am required to give one month notice before leaving my current position

• I can start in one month if selected for this role
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Q1. What are various GST returns?
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Q2. What is deferred tax asset?
Ans. 
Deferred tax asset is an asset on a company's balance sheet that arises due to temporary differences between accounting and tax rules.
• Deferred tax assets can be used to reduce future tax liabilities.

• They typically arise from expenses recognized in financial statements before they are recognized for tax purposes.

• Examples include prepaid expenses, depreciation, and bad debt provisions.

• Companies must assess the likelihood...read more
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