KPMG India Interview Questions, Process, and Tips

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Q1. Explain React hooks. Give a use case of any of the hooks
Ans. 
React hooks are functions that let you use state and other React features without writing a class.
• Hooks are introduced in React 16.8 to allow developers to use state and other React features in functional components.

• useState is a commonly used hook for managing state in functional components.

• useEffect is another popular hook used for side effects in functional components.

• One use case of useState hook is to manage a cou
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Q2. Difference between @qualifier and @ primary in soring
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The @Qualifier annotation is used to specify which bean should be autowired when multiple beans of the same type are present. The @Primary annotation is used to give higher priority to a bean when multiple beans of the same type are present.
• Use @Qualifier when you have multiple beans of the same type and need to specify which one to inject.

• Use @Primary to give higher priority to a bean when multiple beans of the same t...read more
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Q1. Tell me about yourself.
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Q1. Basic questions
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Q1. Role and responsibilities related role
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Q2. What is KPMG do
Ans. 
KPMG is a multinational professional services network providing audit, tax, and advisory services.
• KPMG is one of the Big Four accounting firms in the world.

• They offer services in areas such as audit, tax, and advisory.

• KPMG helps clients manage risks, improve performance, and create value.

• The company operates in over 150 countries and territories.

• KPMG is known for its expertise in financial services, healthcare, technol
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Q1. What is transfer pricing
Ans. 
Transfer pricing is the setting of prices for goods and services sold between related entities within a company.
• Transfer pricing ensures that transactions between related entities are conducted at arm's length to prevent tax evasion.

• It involves determining the appropriate price for goods or services transferred between different parts of a multinational company.

• Transfer pricing can impact a company's tax liabilities an...read more
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Q2. What is cost plus method
Ans. 
Cost plus method is a transfer pricing technique where a markup is added to the cost of production to determine the transfer price.
• Involves adding a markup to the cost of production

• Commonly used when the controlled transaction involves tangible goods

• Ensures that the selling entity earns a profit margin on top of the production cost

• Can be calculated based on comparable transactions in the market
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Q3. What are your strenghts and weaknesess
Ans. 
My strengths include attention to detail, analytical skills, and ability to work well in a team. My weaknesses include public speaking and time management.
• Strengths: attention to detail

• Strengths: analytical skills

• Strengths: ability to work well in a team

• Weaknesses: public speaking

• Weaknesses: time management
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Q1. Tell me something about yourself
Ans. 
I am a detail-oriented individual with a strong background in finance and a passion for transfer pricing.
• I have a Bachelor's degree in Finance and have completed courses in transfer pricing

• I have experience working with multinational companies to ensure compliance with transfer pricing regulations

• I am proficient in financial analysis and have strong communication skills

• I am a quick learner and enjoy working in a fast-p
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Q2. Where do you see yourself after 5 years
Ans. 
In 5 years, I see myself as a Senior Transfer Pricing Associate leading a team and working on complex international projects.
• Leading a team of transfer pricing associates

• Working on complex international transfer pricing projects

• Continuing to develop my expertise in transfer pricing regulations and methodologies
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