Lohiya Group Cost Accountant Interview Questions and Answers for Experienced

Handling critical situations requires quick thinking, clear communication, and a calm demeanor.

• Assess the situation and prioritize actions

• Communicate clearly and effectively with all parties involved

• Remain calm and focused

• Take decisive action while considering potential consequences

• Seek assistance or advice from colleagues or superiors if necessary

I prioritize the problems based on urgency and importance, and then allocate time and resources accordingly.

• Assess the urgency and importance of each problem

• Create a plan of action for each problem

• Allocate time and resources based on the plan

• Regularly reassess and adjust the plan as needed

• Example: If one problem is a deadline that cannot be missed and the other is a minor issue, prioritize the deadline and allocate mor

MPT works on the principle of Modern Portfolio Theory.

• MPT is a theory that suggests how investors can construct portfolios to optimize returns based on risk.

• It emphasizes diversification and the efficient frontier.

• The principle is to combine assets with different risk and return characteristics to achieve a balance.

• Example: By investing in a mix of stocks, bonds, and other assets, a portfolio can be constructed to maxi

Business process outsourcing (BPO) is the practice of hiring another company to perform a task or process that a company needs but doesn't want to do itself.

• BPO involves contracting out specific business functions to a third-party provider

• It can include tasks such as customer service, accounting, and human resources

• BPO is often used to reduce costs and improve efficiency

• Examples of BPO providers include Accenture, IBM,