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20+ Greenlam Industries Interview Questions and Answers

Updated 12 Jan 2025
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Q1. Do you know what an ERP is, And why would an organisation need an ERP?

Ans.

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

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Q2. What is CSRF,XSS, approach for e commerce related websites , recon methods

Ans.

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

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Q3. How would you approach a company's financial data analysis as an ACON to identify areas of improvement?

Ans.

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

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Q4. Security Configuration Audit for networking devices

Ans.

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

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Q5. Approach for web application security testing

Ans.

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

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Q6. Guesstimates regrding average revenue per user for youtube in week

Ans.

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

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Q7. Which benchmarking process's have you done?

Ans.

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

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Q8. Approach for network pen-testing

Ans.

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

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Q9. Approach for web application pen-testing

Ans.

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

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Q10. Impact on Financial statements if raised 10 million additionally

Ans.

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

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Q11. Difference between lessee and lessor accounting under US GAAP

Ans.

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

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Q12. Expense items related to airport or airline

Ans.

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

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Q13. What is NWC and how it is calculated.

Ans.

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

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Q14. Accounts for Subscription based companies

Ans.

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

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Q15. What is COUPA P2P cycle?

Ans.

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

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Q16. Transition from ASC 840 to ASC 842

Ans.

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

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Q17. Accounts specific to media industry

Ans.

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

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Q18. Enterprise value to equity value

Ans.

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

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Q19. Linking of BS, PL and CFS

Ans.

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

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Q20. What are business rule

Ans.

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.

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Q21. What is .net core?

Ans.

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

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Q22. What is csharp?

Ans.

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

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Q23. What is forensic cdd

Ans.

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

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Q24. Detailed accounting of ASC 842

Ans.

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

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Q25. What is oops concept

Ans.

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

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Q26. Importance of Cashflow

Ans.

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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Interview Process at Greenlam Industries

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2 Interview rounds
Technical Round 1
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