KPMG Global Services
20+ Greenlam Industries Interview Questions and Answers
Q1. Do you know what an ERP is, And why would an organisation need an ERP?
ERP is an enterprise resource planning system that integrates business processes and data into a single system.
ERP helps organizations streamline their operations and improve efficiency
It provides a centralized database for all business processes
ERP can automate tasks such as accounting, inventory management, and human resources
Examples of ERP systems include SAP, Oracle, and Microsoft Dynamics
Q2. What is CSRF,XSS, approach for e commerce related websites , recon methods
CSRF and XSS are common web security vulnerabilities. E-commerce websites require a multi-layered approach to security.
CSRF (Cross-Site Request Forgery) is an attack where a user is tricked into performing an action on a website without their knowledge or consent.
XSS (Cross-Site Scripting) is an attack where malicious code is injected into a website, allowing an attacker to steal sensitive information or take control of the website.
Approach for e-commerce websites should incl...read more
Q3. How would you approach a company's financial data analysis as an ACON to identify areas of improvement?
As an ACON, I would approach a company's financial data analysis by following these steps:
1. Gather all relevant financial data, including income statements, balance sheets, and cash flow statements.
2. Analyze the data to identify key financial metrics and trends, such as revenue growth, profit margins, and cash flow patterns.
3. Compare the company's financial performance to industry benchmarks and competitors to identify areas of improvement.
4. Conduct a thorough cost analys...read more
Q4. Security Configuration Audit for networking devices
Security Configuration Audit ensures networking devices are configured securely.
Review device configurations against industry best practices
Check for default or weak passwords
Ensure proper access controls are in place
Verify that all necessary security features are enabled
Perform regular audits to maintain security posture
Q5. Approach for web application security testing
Approach for web app security testing
Identify potential vulnerabilities
Perform manual and automated testing
Use tools like OWASP ZAP, Burp Suite, etc.
Test for authentication and authorization flaws
Check for input validation and output encoding
Perform penetration testing
Conduct regular security audits
Q6. Guesstimates regrding average revenue per user for youtube in week
The average revenue per user for YouTube in a week can be estimated by considering factors such as total revenue, number of users, and engagement metrics.
Calculate total revenue generated by YouTube in a week
Estimate the number of active users on YouTube in a week
Divide total revenue by the number of active users to get average revenue per user
Consider engagement metrics like watch time, ad clicks, and subscriptions to refine the estimate
Q7. Which benchmarking process's have you done?
I have conducted benchmarking processes in the areas of sales performance, customer satisfaction, and operational efficiency.
Benchmarked sales performance against industry competitors to identify areas for improvement
Analyzed customer satisfaction metrics to compare against industry standards
Evaluated operational efficiency by benchmarking processes against best practices
Implemented recommendations from benchmarking studies to drive performance improvements
Q8. Approach for network pen-testing
Network pen-testing approach involves identifying vulnerabilities, exploiting them, and providing recommendations for remediation.
Identify scope and objectives of the test
Gather information about the network and its components
Perform vulnerability scanning and enumeration
Exploit vulnerabilities to gain access and escalate privileges
Document findings and provide recommendations for remediation
Q9. Approach for web application pen-testing
Approach for web application pen-testing
Identify the scope of the test
Gather information about the application and its components
Perform vulnerability scanning and manual testing
Exploit vulnerabilities and escalate privileges
Document findings and provide recommendations for remediation
Q10. Impact on Financial statements if raised 10 million additionally
Raising 10 million will increase assets and equity on the balance sheet, but also increase liabilities if borrowed.
Assets will increase by 10 million, reflecting the additional cash or investments received.
Equity will increase by 10 million if the funds are raised through equity financing.
Liabilities will increase by 10 million if the funds are raised through debt financing.
Income statement will not be directly impacted by the 10 million raise, but interest expense may increa...read more
Q11. Difference between lessee and lessor accounting under US GAAP
Lessee and lessor accounting under US GAAP differ in treatment of lease assets and liabilities.
Lessee records lease as right-of-use asset and lease liability on balance sheet
Lessor records lease as finance lease or operating lease based on criteria
Lessee recognizes interest expense and amortization of right-of-use asset
Lessor recognizes interest income and depreciation of leased asset
Lessee discloses additional lease information in footnotes to financial statements
Q12. Expense items related to airport or airline
Expense items related to airport or airline include tickets, baggage fees, parking fees, and in-flight meals.
Tickets
Baggage fees
Parking fees
In-flight meals
Q13. What is NWC and how it is calculated.
NWC stands for Net Working Capital, it is calculated by subtracting current liabilities from current assets.
NWC = Current Assets - Current Liabilities
Current assets include cash, accounts receivable, and inventory
Current liabilities include accounts payable and short-term debt
A positive NWC indicates a company's ability to meet its short-term obligations
A negative NWC may indicate potential liquidity issues
Q14. Accounts for Subscription based companies
Accounts for Subscription based companies involve recurring revenue from customers paying for services on a regular basis.
Revenue recognition may be spread out over the subscription period
Churn rate is an important metric to track
Customer acquisition cost should be considered in relation to lifetime value of a customer
Q15. What is COUPA P2P cycle?
COUPA P2P cycle is a procurement process that involves requisition, approval, purchase order, receipt, and invoice reconciliation.
The cycle starts with a requisition from the requester.
The requisition is then approved by the appropriate authority.
A purchase order is generated and sent to the supplier.
The supplier delivers the goods or services and a receipt is created.
Finally, the invoice is reconciled with the purchase order and receipt.
COUPA P2P cycle helps streamline the p...read more
Q16. Transition from ASC 840 to ASC 842
Transition from ASC 840 to ASC 842 involves changes in lease accounting standards.
ASC 840 is the old lease accounting standard, while ASC 842 is the new standard introduced by FASB.
ASC 842 requires lessees to recognize most leases on their balance sheets as assets and liabilities.
The transition involves reassessment of lease terms, discount rates, and classification of leases.
Companies need to disclose more information in their financial statements under ASC 842.
ASC 842 also ...read more
Q17. Accounts specific to media industry
Accounts specific to media industry involve managing revenue and expenses related to advertising, subscriptions, and content production.
Understanding revenue streams from advertising sales, sponsorships, and partnerships
Managing expenses for content production, licensing fees, and distribution costs
Analyzing subscriber growth and retention rates to forecast revenue
Tracking royalties and licensing agreements for content distribution
Budgeting for marketing campaigns and promoti...read more
Q18. Enterprise value to equity value
Enterprise value is the total value of a company, including debt and equity, while equity value is the value attributable to shareholders.
Enterprise value includes debt, equity, and cash, while equity value only includes the value attributable to shareholders.
Enterprise value is used to determine the total value of a company, while equity value is used to determine the value available to shareholders.
Enterprise value is calculated as market capitalization plus debt minus cash...read more
Q19. Linking of BS, PL and CFS
The balance sheet (BS), income statement (PL), and cash flow statement (CFS) are interconnected financial statements that provide a comprehensive view of a company's financial health.
The balance sheet shows a company's assets, liabilities, and equity at a specific point in time.
The income statement shows a company's revenues, expenses, and net income over a period of time.
The cash flow statement shows the inflows and outflows of cash and cash equivalents over a period of time...read more
Q20. What are business rule
Business rules are guidelines or constraints that dictate how a business operates and makes decisions.
Business rules are specific, actionable statements that define the behavior or actions within an organization.
They are used to guide decision-making processes and ensure consistency in operations.
Examples include pricing policies, return policies, and eligibility criteria for promotions.
Q21. What is .net core?
ASP.NET Core is a cross-platform, high-performance framework for building modern, cloud-based, internet-connected applications.
ASP.NET Core is an open-source, cross-platform framework for building web applications.
It is a high-performance framework that allows developers to build modern, cloud-based applications.
ASP.NET Core supports multiple platforms including Windows, macOS, and Linux.
It is designed to be modular, making it easier to add or remove components as needed.
ASP....read more
Q22. What is csharp?
C# (pronounced as C sharp) is a programming language developed by Microsoft for building a wide range of applications on the .NET framework.
Developed by Microsoft
Object-oriented programming language
Used for building applications on the .NET framework
Syntax similar to C++ and Java
Q23. What is forensic cdd
Forensic CDD stands for Forensic Customer Due Diligence, which involves conducting in-depth investigations to identify potential financial crimes or risks within a customer's profile.
Forensic CDD involves analyzing customer data, transactions, and behavior to detect any suspicious activities.
It helps in identifying potential money laundering, fraud, or terrorist financing activities.
Forensic CDD is crucial for financial institutions to comply with regulations and prevent fina...read more
Q24. Detailed accounting of ASC 842
ASC 842 is a standard for lease accounting that requires lessees to recognize assets and liabilities for most leases.
ASC 842 was issued by the Financial Accounting Standards Board (FASB) in 2016.
It requires lessees to recognize lease assets and liabilities on the balance sheet.
The standard classifies leases as either finance leases or operating leases.
Finance leases are similar to capital leases under the previous standard (ASC 840).
Operating leases are now required to be rec...read more
Q25. What is oops concept
Object-oriented programming concept that focuses on organizing code into objects with properties and behaviors.
Encapsulation: bundling data and methods that operate on the data into a single unit
Inheritance: ability of a class to inherit properties and methods from another class
Polymorphism: ability to present the same interface for different data types
Abstraction: hiding the complex implementation details and showing only the necessary features
Q26. Importance of Cashflow
Cashflow is crucial for a business as it ensures liquidity, financial stability, and ability to meet obligations.
Cashflow helps in managing day-to-day expenses and operational costs.
It allows for timely payment of bills, salaries, and other financial obligations.
Positive cashflow indicates financial health and ability to invest in growth opportunities.
Negative cashflow can lead to financial distress, inability to pay debts, and potential bankruptcy.
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