LogStarERP Application Support Associate Interview Questions and Answers

Corporate actions are events initiated by a company that can affect its stock price and shareholders.

• Types of corporate actions include dividends, stock splits, mergers and acquisitions, spin-offs, and rights issues.

• Dividends are payments made to shareholders from a company's profits.

• Stock splits increase the number of shares outstanding while decreasing the price per share.

• Mergers and acquisitions involve the combinat...read more

Swift is a messaging system used for financial transactions. It has different types and fields for message processing.

• Swift messages are categorized into 5 types - MT0xx, MT1xx, MT2xx, MT3xx, and MT9xx

• Each type has its own set of fields for message processing

• For example, MT103 is used for Single Customer Credit Transfer and has fields like Sender's Reference, Receiver's Reference, Amount, Currency, etc.

A bond is a debt security that represents a loan made by an investor to a borrower.

• Bonds are issued by corporations, municipalities, and governments to raise capital.

• They have a fixed interest rate and a maturity date when the principal is repaid.

• Bonds are generally considered less risky than stocks but offer lower potential returns.

• Investors can buy and sell bonds on the secondary market.

• Examples of bonds include U.S....read more

Fund Accounting is a specialized accounting system used by non-profit organizations and government agencies to track and manage funds.

• It involves tracking and reporting on the financial activity of specific funds or grants.

• It ensures that funds are used for their intended purposes and that financial reports are accurate and transparent.

• Examples include tracking donations to a non-profit organization or managing governm...read more

Currency depreciation can have various effects on the economy and businesses.

• Currency depreciation can make exports cheaper and imports more expensive, leading to an increase in exports and a decrease in imports.

• It can boost tourism as foreign visitors find the destination more affordable.

• Currency depreciation can also increase the cost of imported goods and raw materials, potentially leading to inflation.

• It can make f...read more

Balance of payment is important for assessing a country's economic health and its international transactions.

• Balance of payment helps in understanding a country's trade position with the rest of the world.

• It provides insights into the inflow and outflow of foreign currency, which impacts exchange rates.

• A positive balance of payment indicates that a country is earning more from exports than spending on imports.

• A negativ...read more

My best quality is my ability to effectively communicate and collaborate with others.

• Strong communication skills

• Excellent interpersonal skills

• Ability to work well in a team

• Active listening

• Conflict resolution

• Empathy and understanding

• Clear and concise verbal and written communication

• Building positive relationships

• Providing constructive feedback

• Facilitating effective meetings

I handle stress by prioritizing tasks, taking breaks, and practicing mindfulness.

• I prioritize tasks based on deadlines and importance

• I take short breaks to clear my mind and recharge

• I practice mindfulness techniques such as deep breathing or meditation

• I seek support from colleagues or supervisors when needed

The total number of accounts a new bank card can get depends on various factors such as customer demand, marketing efforts, and eligibility criteria.

• The number of accounts can vary based on the type of bank card (e.g., credit card, debit card)

• Customer demand and marketing efforts play a significant role in acquiring new accounts

• Eligibility criteria, such as credit score and income, may determine the number of accounts ...read more

Yes, I have coded in curriculum. The most complex one was a project on building a web application using React and Node.js.

• Built a full-stack web application using React and Node.js

• Implemented user authentication and authorization using JSON Web Tokens (JWT)

• Used MongoDB as the database and Mongoose as the ODM

• Implemented real-time updates using Socket.IO

• Deployed the application on Heroku

• Handled errors and implemented log

Big data refers to large and complex data sets that cannot be processed using traditional data processing methods.

• Big data is characterized by its volume, velocity, and variety

• It is used in various industries such as healthcare, finance, and retail

• Examples of big data include social media data, sensor data, and transactional data

• It is called 'big' because it involves processing massive amounts of data

• Big data requires ...read more

I am passionate about technology and eager to learn new skills in the IT sector.

• I have always had a keen interest in technology and enjoy working with computers.

• I believe the IT sector offers more opportunities for growth and advancement in my career.

• I have seen the impact of technology on various industries and want to be a part of that innovation.

• I have taken courses in programming and networking to prepare myself fo

To find the product of all data points using SelectSum(), log(), and exp() functions.

• Use the log() function to convert the product into a sum of logarithms

• Apply the SelectSum() function to calculate the sum of logarithms

• Finally, use the exp() function to convert the sum back into the product

The algorithm reverses a given string.

• Iterate through the string from the last character to the first character.

• Append each character to a new string or an array in reverse order.

• Return the reversed string or array.

As the CEO, I would select the candidate based on their qualifications and skills, regardless of their background or personal characteristics.

• I would focus on the qualifications, skills, and experience of each candidate.

• I would consider their ability to contribute to the company's goals and objectives.

• I would ensure a fair and unbiased selection process.

• I would prioritize diversity and inclusion in the workplace.

• I woul...read more