KPMG Global Services
10+ House of Candy Interview Questions and Answers
Q1. 3PL system? What is 3rd Party sales? Any experience in ATP, if so elaborate? Credit Management and how does it work? How is it set?
3PL system is a third-party logistics system used for outsourcing logistics functions. 3rd Party sales involve selling products through a third-party seller. ATP stands for Available to Promise, a feature in supply chain management. Credit management involves assessing and managing credit risk.
3PL system is a third-party logistics system where a company outsources its logistics functions to a third-party provider.
3rd Party sales refer to selling products through a third-party...read more
Q2. Key fields in Pricing steps? India GST & how it works? HSN or control code? Key fields we are sending to IRP?
Key fields in Pricing steps include condition type, condition value, calculation type, and scale basis. India GST is a value-added tax based on the destination principle. HSN code is a harmonized system nomenclature used for classifying goods. Key fields sent to IRP include invoice number, invoice date, invoice value, and IRN.
Key fields in Pricing steps: condition type, condition value, calculation type, scale basis
India GST is a value-added tax based on the destination princ...read more
Q3. how are the accounting setups created?
Accounting setups are created by defining the chart of accounts, setting up accounting periods, and configuring accounting rules.
Define the chart of accounts by creating account codes and descriptions for different types of transactions.
Set up accounting periods to define the fiscal year, period length, and period names.
Configure accounting rules for automatic allocation of transactions to specific accounts based on predefined criteria.
Example: Creating a chart of accounts wi...read more
Q4. What do you put in a pitch document
A pitch document typically includes a summary of the project, value proposition, target market, competition analysis, and financial projections.
Summary of the project: Brief overview of the project, its goals, and objectives.
Value proposition: Explanation of the unique value the project offers to customers or clients.
Target market: Description of the specific audience or market segment the project is targeting.
Competition analysis: Evaluation of competitors and how the projec...read more
Q5. Explain the working of Redux store
Redux store is a centralized state container for managing the state of an application.
Redux store holds the entire state tree of the application
State can only be changed by dispatching actions
Reducers specify how the state changes in response to actions
Components can subscribe to the store to get updates when the state changes
Q6. Explain denouncing and throttling in js
Denouncing and throttling are techniques used in JavaScript to control the frequency of function calls.
Denouncing involves delaying the execution of a function until a certain amount of time has passed.
Throttling limits the rate at which a function can be called, ensuring it is not called more than once within a specified time interval.
Example of denouncing: Debouncing user input in a search bar to prevent unnecessary API calls.
Example of throttling: Limiting the rate of scro...read more
Q7. Real life example of class and object
A real life example of class and object is a car and its specific instance, like a red Ferrari.
Class: Car - blueprint for creating cars
Object: Red Ferrari - specific instance of a car class
Class defines the properties and behaviors of objects
Objects are instances of classes with specific values for properties
Q8. Benefits of Workday over Peoplesoft
Workday offers better user experience, flexibility, and scalability compared to Peoplesoft.
Workday has a modern and intuitive interface that is easy to use and navigate.
Workday allows for more customization and flexibility in terms of workflows and business processes.
Workday is a cloud-based system, which means it can easily scale to meet the needs of growing organizations.
Workday offers more advanced analytics and reporting capabilities compared to Peoplesoft.
Peoplesoft is a...read more
Q9. What is working capital
Working capital is the difference between a company's current assets and current liabilities.
Working capital is essential for a company's day-to-day operations.
It indicates a company's liquidity and ability to meet short-term obligations.
Formula: Working Capital = Current Assets - Current Liabilities
Examples: Cash, accounts receivable, inventory are current assets. Accounts payable, short-term loans are current liabilities.
Q10. requisition to receive process explain
Requisition to receive process involves requesting and obtaining necessary items or services.
Requisition is a formal request for something needed, such as supplies or services.
Receiving process involves receiving and inspecting the requested items or services.
The requisition to receive process ensures that the correct items are received in a timely manner.
Examples: submitting a purchase order for office supplies, receiving a shipment of inventory for a retail store.
Q11. Goal of next 5 years
To become a senior consultant and lead a team of experts in delivering innovative solutions to clients.
Acquire advanced skills and knowledge in the field of consulting
Build a strong network of clients and industry professionals
Lead successful projects and exceed client expectations
Mentor and develop junior consultants
Contribute to the growth and success of the consulting firm
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