Institute for Excellence in Services and Planning Senior CSA Interview Questions and Answers

False positive and false negative are errors in which a test result incorrectly indicates the presence or absence of a condition.

• False positive: When a test incorrectly indicates that a condition is present when it is not.

• False negative: When a test incorrectly indicates that a condition is not present when it actually is.

• Examples: A false positive in fraud analysis would be flagging a legitimate transaction as fraudul...read more

Current CTC is $70,000 and expected CTC is $85,000

• Current CTC: $70,000

• Expected CTC: $85,000

I have 8 years of experience in fraud analysis and I am open to relocation.

• 8 years of experience in fraud analysis

• Open to relocation to preferred location

Accruals refer to expenses that have been incurred but not yet paid for.

• Accruals are used to match expenses with revenues in the same accounting period.

• They are recorded as liabilities on the balance sheet until they are paid.

• Examples include accrued salaries, interest, and taxes.

• Accruals help provide a more accurate representation of a company's financial position.

Provisions are funds set aside for future expenses or losses.

• Provisions are typically made to cover potential future liabilities or expenses.

• They are recorded as a liability on the balance sheet until they are utilized.

• Examples of provisions include warranty provisions, bad debt provisions, and restructuring provisions.

Prepayment is a payment made before the actual due date of an invoice or bill.

• Prepayment helps in ensuring timely payment and can sometimes lead to discounts.

• It is common in industries like real estate, where tenants may prepay rent for a few months.

• Prepayment can also refer to paying for goods or services in advance before receiving them.

I would prioritize tasks, delegate responsibilities, and ensure efficient communication to manage the load of 6000 in a day.

• Prioritize tasks based on urgency and importance

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

• Ensure clear communication channels to avoid bottlenecks and delays

• Monitor progress regularly and make adjustments as needed

• Utilize technology and automation tools to stre