Lenovo Training and Quality Lead Interview Questions and Answers

Q1. What is accrual and it's entry
Ans. 
Accrual is an accounting method where revenue or expenses are recognized when earned or incurred, regardless of when payment is received or made.
• Accrual accounting is the opposite of cash accounting

• Accruals are recorded as adjusting entries in the general ledger

• Examples of accruals include interest expense, salaries payable, and accounts receivable

• The entry for an accrual involves debiting an expense account and credit
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Q2. What is contingency liability
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Contingency liability is a potential liability that may occur in the future based on certain events or circumstances.
• It is a liability that is not certain but may occur in the future

• It is based on certain events or circumstances

• Examples include lawsuits, warranties, and environmental cleanup costs
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Some coding test related to coding languages

Some case study like giving percentage of user and then find out how much people will like it

Detailed case with four questions, required intensive number crunching and data analysis.
Suggestions: Stick to your basic understanding of the problem statement and state all your assumptions clearly.

A real business case was presented in a group of 5-7 people. Each one of us was given a specific role and we were told to discuss the case as a group and come up with a detailed solution.
A brief description of your answers/approach: We discussed the problem in hand from different angles - considering each function in detail. In the end of the discussion, we presented the business model of our idea to the Apple representatives in the form of a presentation.

Q1. Tell me about yourself
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Q2. Tell me about a time when you had to deal with a difficult colleague
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Q3. Biggest achievement
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Q4. Resume based questions
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Q5. Next part of the interview was case presentation - the at-home case we submitted before the GD round. We were given 10 minutes to give a detailed PPT on the case, which was followed by 30 minutes of Q&A se...read more
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Q1. Trade Operations and Related RBI Guidelines
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Q2. Banking and Investment Related
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Face2 Face Discussion with Director - Discussion related to my experience and their requirements and company structure

PPT on telecom industry