Progressive Infotech Financial Associate Interview Questions and Answers

Marginal costing is a costing technique where only variable costs are considered in determining the cost of a product or service.

• Marginal costing helps in determining the contribution margin of a product, which is the difference between its selling price and variable costs.

• Fixed costs are not included in the calculation under marginal costing.

• It is useful for decision-making as it helps in analyzing the impact of chang...read more

I use various excel functions for forecasting such as TREND, FORECAST, and GROWTH.

• I analyze historical data to identify trends and patterns

• I use functions like TREND to project future values based on historical data

• I use functions like FORECAST to estimate future values based on existing data

• I use functions like GROWTH to project future values based on exponential growth

• I also use other statistical functions like AVERA...read more