LanceSoft Associate Consultant Interview Questions and Answers

Test about project and details

Q1. How will you measure credit worthiness of a company
Ans. 
Credit worthiness of a company can be measured by analyzing financial statements, credit history, industry trends, and management quality.
• Review financial statements such as balance sheet, income statement, and cash flow statement to assess profitability, liquidity, and leverage.

• Check credit history including payment history, outstanding debts, and credit utilization ratio.

• Evaluate industry trends and economic conditio...read more
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Q2. How many profits are there in income statement
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There are two types of profits in an income statement: gross profit and net profit.
• Gross profit is the difference between revenue and the cost of goods sold.

• Net profit is the remaining amount after deducting all expenses from the gross profit.

• Both profits are important indicators of a company's financial performance.
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Q3. Which profit will you take in to consideration for giving loan to a company
Ans. 
The profit considered for giving a loan to a company includes net profit, operating profit, and EBITDA.
• Net profit: Indicates the overall profitability of the company after all expenses are deducted from revenue.

• Operating profit: Shows the profit from the core business operations before interest and taxes.

• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): Reflects the company's operating performan...read more
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Q4. What will be the effect in cost of goods sold if a company has bought raw materials in cheaper rate
Ans. 
The cost of goods sold will decrease if a company buys raw materials at a cheaper rate.
• Lower cost of raw materials will lead to lower cost of goods sold

• Increased profit margin due to cost savings

• Competitive advantage in pricing products
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Q5. Colgate company has a 40% increase in their ssale, what can be the reason? ans --- due to merger with other company by which they get merged companies cutomers
Ans. 
The 40% increase in sales for Colgate could be due to a merger with another company, resulting in access to new customers.
• Mergers can lead to an increase in market share and customer base.

• Access to new distribution channels and markets can boost sales.

• Synergies from combining resources and expertise can drive growth.

• Increased brand recognition and loyalty from customers of the merged company can contribute to higher sa
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Q1. Different types of options
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Q2. Different case study
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Its all about the grammar

Its all about the voice assignment

Q1. Why u felt the previous organisation
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Q2. They have asked all general questions
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Q1. In this round hr will ask abt self introduction and hr will ask abt shift timings and salary
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No aptitude test was taken

Q1. What is Net asset value ?
Ans. 
Net asset value (NAV) is the value of a fund's assets minus its liabilities, divided by the number of shares outstanding.
• NAV is calculated by subtracting the fund's liabilities from its assets.

• The result is then divided by the number of shares outstanding to determine the NAV per share.

• NAV is used to determine the price at which shares of a mutual fund are bought or sold.

• It is an important metric for investors to asses
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Q2. What do you mean by corporate actions ?
Ans. 
Corporate actions refer to events initiated by a public company that can affect its shareholders and securities.
• Corporate actions include dividends, stock splits, mergers, acquisitions, rights issues, and spin-offs.

• These actions can impact the value of securities, alter ownership structure, or change the financial structure of the company.

• Investors need to stay informed about corporate actions to make informed decision
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20 Mcqs and 2 coding questions

Q1. Sort zeroes to end of array
Ans. 
Sort zeroes to end of array
• Iterate through the array and move all zeroes to the end

• Use two pointers approach to swap elements

• Maintain a count of zeroes encountered
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Q2. Questions on oops
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Q1. Tell me about yourself
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Q2. My name saurabh Kumar my father Vipin I qualification running in b.tech mechanical
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Q3. My name saurabh Kumar
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Q4. I was an employee in Amazon company, now I have been blacklisted. I want to join Amazon again. How do I remove my name from the blacklist? @Kumamsau Del4 amazon Jamalpur Haryana Contact number XXXXX
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Q1. Questions on various API testing using Postman.
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Q2. Forming complex queries based on one to many relationships.
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Q3. Questions on jmeter
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Q4. Priority vs severity
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Q1. Writing test cases based on a given requirement.
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Q2. Questions on SDLC
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Q3. Responsibilities of a QA
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Q4. Situational questions like resourse shortage during test execution.
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Q1. Knowledge about the company
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Q2. Give me your Family details
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Q3. Are being interviewed elsewhere?
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Q4. Why was your tenure short in the previous 2 companies?
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Q5. What is your Current and expected CTC?
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