JPMorgan Chase & Co. Control Manager Interview Questions and Answers

Obligation refers to a duty or commitment to fulfill a responsibility or promise.

• Obligation is a moral or legal duty to do something.

• It can be a promise or commitment that one is bound to fulfill.

• Failure to meet obligations can result in consequences.

• Examples include paying bills on time, meeting deadlines at work, or fulfilling a contract.

Different methods of performing root cause analysis include fishbone diagram, 5 Whys, fault tree analysis, and Pareto analysis.

• Fishbone diagram (Ishikawa diagram) helps identify potential causes of a problem by categorizing them into different branches.

• 5 Whys involves asking 'why' multiple times to uncover the underlying cause of a problem.

• Fault tree analysis breaks down a problem into its component parts to identify p...read more

QA focuses on preventing defects while QC focuses on identifying and fixing defects.

• QA is a proactive process that involves planning, designing, and executing tests to prevent defects from occurring.

• QC is a reactive process that involves identifying defects through testing and then fixing them.

• QA is focused on the entire software development process, while QC is focused on the testing phase.

• Examples of QA activities in...read more