Ingram Micro Senior Associate Interview Questions and Answers

Q1. What is concurrency and how did you achieved it in your projects ?
Ans. 
Concurrency is the ability of a program to execute multiple tasks simultaneously.
• Achieved through multi-threading or asynchronous programming

• Requires careful management of shared resources to avoid race conditions

• Examples include implementing a chat application or processing multiple requests simultaneously
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Q1. Easy Finance Related Questions
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Q1. Sallary Negotiations
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Q1. What are your salary expectations?
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Q2. Share details of your previous job.
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Q3. Tell me about yourself.
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Q1. Questions from previous experience
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Q2. What is derivative,spot , option forward
Ans. 
Derivative is a financial contract whose value is derived from an underlying asset. Spot refers to the current market price of an asset. Option is a contract that gives the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price. Forward is a contract that obligates the buyer and seller to trade an asset at a predetermined price and date in the future.
• Derivative is a contract whose val...read more
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Q3. Waht is NAv,what you understand about hedge fund
Ans. 
NAV stands for Net Asset Value and is a measure of a fund's value. A hedge fund is an investment fund that uses various strategies to generate high returns.
• NAV is calculated by subtracting a fund's liabilities from its assets

• Hedge funds are typically only available to accredited investors due to their high-risk strategies

• Hedge funds can use leverage, short selling, and derivatives to generate returns

• Some hedge funds sp...read more
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Q1. What are your salary expectations?
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Q2. What is your family background?
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Q3. Share details of your previous job.
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Q4. Why should we hire you?
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Q5. Why are you looking for a change?
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Q6. Tell me about yourself.
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Q1. Derivatives, Asset Classes, Bloomberg, Fixed Income Securities, Dividend and their important dates
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Q1. 1. Tell Me about yourself? 2. what do you know about this co? 3. Strength & Weakness? 4. What is Private Equity? 5 Golden rules of Accounting.
Ans. 
Interview questions for Senior Associate position
• For 'Tell Me about yourself', give a brief introduction and highlight your relevant experience and skills

• Research the company and its values before answering 'what do you know about this co?'

• For 'Strength & Weakness', choose strengths that align with the job requirements and weaknesses that you are actively working on improving

• Private Equity is a type of investment where...read more
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Q2. What is Hedge funds?
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Hedge funds are alternative investment vehicles that use pooled funds to employ various strategies to generate high returns.
• Hedge funds are typically only available to accredited investors due to their high-risk nature.

• They often use leverage and derivatives to amplify returns.

• Hedge funds can invest in a wide range of assets, including stocks, bonds, commodities, and currencies.

• Some common hedge fund strategies include...read more
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Q1. What is private Equity?
Ans. 
Private equity is a type of investment where funds are raised from high net worth individuals and institutions to invest in private companies.
• Private equity firms buy companies with the aim of improving their operations and increasing their value before selling them for a profit.

• Private equity investments are typically long-term and involve a high degree of risk.

• Private equity firms may also provide operational and str...read more
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Q2. What do you know about company?
Ans. 
The company is a global consulting firm specializing in providing strategic solutions to businesses.
• The company offers a wide range of services including management consulting, technology consulting, and financial advisory.

• It has a strong presence in multiple industries such as healthcare, finance, and technology.

• The company has a global network of offices and clients.

• They have a reputation for delivering high-quality ...read more
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Q3. Journal Entries for Investments
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Explanation of journal entries for investments
• Investments are recorded at cost or fair value depending on the accounting method used

• Dividends received are recorded as income

• Gains or losses on investments are recorded in the income statement

• If an investment is sold, the cost is removed from the balance sheet and any gain or loss is recorded in the income statement

• If an investment is impaired, the loss is recorded in the...read more
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Q4. Journal entries for Dividend
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Journal entries for Dividend
• Debit the retained earnings account for the amount of the dividend

• Credit the dividend payable account for the same amount

• When the dividend is paid, debit the dividend payable account and credit the cash account

• Dividend journal entries are important for tracking the distribution of profits to shareholders
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Questions on debentures, bond and derivatives

Q1. Questions asked for fund accounting and derivatives
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