Manohar Chowdhry & Associates Interview Questions and Answers

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Q1. Managerial Round
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Q2. Intro, Steps to make an impact on given position, why did u leave previous Org
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Q1. Tell me something about yourself
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Q2. Brief about your previous Org
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I worked at a retail company specializing in home goods.
• Managed a team of 10 sales associates

• Implemented new sales strategies to increase revenue by 15%

• Handled customer complaints and resolved issues effectively
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Q1. What is accounting
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Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Involves recording financial transactions

• Summarizing financial data in financial statements

• Analyzing financial information to make business decisions

• Reporting financial results to stakeholders

• Examples include balance sheets, income statements, and cash flow statements
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Q2. What is indirect tax
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Indirect tax is a tax collected by an intermediary (such as a retailer) from the person who ultimately bears the economic burden of the tax.
• Indirect taxes are not directly paid by the consumer to the government.

• They are imposed on goods and services, and the burden is passed on to the final consumer.

• Examples include sales tax, value-added tax (VAT), excise duty, and customs duty.
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Q3. What is capital gain
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Capital gain is the profit that results from a sale of a capital asset, such as stocks, bonds, or real estate.
• Capital gain is the difference between the purchase price and the selling price of an asset.

• It is considered a taxable event by the IRS.

• Long-term capital gains are taxed at a lower rate than short-term capital gains.

• Examples of capital assets include stocks, bonds, real estate, and precious metals.
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Q4. Slab reates of income tax
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Income tax slab rates are the different levels of income at which different tax rates apply.
• Income up to Rs. 2.5 lakh is exempt from tax

• Income between Rs. 2.5 lakh to Rs. 5 lakh is taxed at 5%

• Income between Rs. 5 lakh to Rs. 10 lakh is taxed at 20%

• Income above Rs. 10 lakh is taxed at 30%
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Q5. Induction to ur self
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I am a detail-oriented and organized individual with a strong background in accounting and finance.
• Bachelor's degree in Accounting

• 2+ years of experience in accounts payable and receivable

• Proficient in using accounting software such as QuickBooks

• Strong analytical and problem-solving skills

• Excellent communication and interpersonal skills
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Q1. About Job profile
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Q2. Where do you see after 5 years
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Q1. How to ensure the security of a network?
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Ensuring network security involves implementing various measures to protect against unauthorized access and data breaches.
• Implement strong passwords and regularly update them

• Use firewalls to monitor and control incoming and outgoing network traffic

• Encrypt sensitive data to prevent unauthorized access

• Regularly update software and security patches to address vulnerabilities

• Implement multi-factor authentication for added ...read more
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Q2. How to monitor network performance?
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Network performance can be monitored using various tools and techniques.
• Use network monitoring tools like Nagios, Zabbix, or SolarWinds to track performance metrics.

• Monitor network traffic, bandwidth usage, latency, and packet loss to identify bottlenecks.

• Set up alerts for abnormal behavior or performance degradation.

• Regularly analyze network performance data to identify trends and make improvements.

• Consider implementi...read more
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Q1. Risks in Hiring process?
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Risks in hiring process include making a poor cultural fit, hiring unqualified candidates, and potential legal issues.
• Poor cultural fit can lead to decreased morale and productivity

• Hiring unqualified candidates can result in poor performance and high turnover rates

• Potential legal issues such as discrimination or wrongful termination can lead to costly lawsuits
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Q2. Tell me about yourself
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I am a dedicated and hardworking individual with a passion for accounting and finance.
• Completed Bachelor's degree in Accounting

• Currently pursuing CPA certification

• Interned at a local accounting firm for 1 year

• Proficient in Microsoft Excel and QuickBooks
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Q1. Oop concepts related questions
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Q2. Codings questions
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Q3. Previous project related questions
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Q1. About your previous experience
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Q2. Roles & Responsibility
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Q1. Self Intro & Previous experience with technical questions
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