Morgan Stanley Team Manager Interview Questions and Answers

Banking involves accepting deposits and lending money. Major items in banking balance sheet include assets, liabilities, and equity.

• Banks accept deposits from customers and use the funds to make loans to other customers

• Assets on a bank's balance sheet include cash, loans, and investments

• Liabilities on a bank's balance sheet include deposits and borrowings

• Equity on a bank's balance sheet represents the value of the bank...read more

Accrual and difference between US GAAP and IFRS

• Accrual accounting recognizes revenue and expenses when they are incurred, regardless of when cash is received or paid

• US GAAP and IFRS differ in their treatment of certain accounting principles, such as revenue recognition, inventory valuation, and lease accounting

• Under US GAAP, revenue recognition is generally more prescriptive, while IFRS allows more judgment and flexibi...read more

HashMap is a data structure that stores key-value pairs, while Concurrency Map allows for safe concurrent access.

• HashMap internally uses an array of linked lists to store key-value pairs.

• Concurrency Map implementations like ConcurrentHashMap use locks or other mechanisms to allow safe concurrent access.

• HashMap allows for null keys and values, while ConcurrentHashMap does not allow null keys or values.

• Concurrency Map im...read more