Publicis Sapient Senior Manager Interview Questions and Answers for Experienced

Common variances between Budget and Actual in monthly comparison

• Revenue and expenses may be higher or lower than budgeted

• Timing differences in expenses or revenue recognition

• Changes in market conditions or customer behavior

• Unexpected events or emergencies

• Inaccurate budget assumptions or estimates

• Changes in exchange rates or interest rates

• Inflation or deflation

• Changes in government regulations or taxes

• Unforeseen competi

Current Ratio formula is Current Assets divided by Current Liabilities.

• Current Ratio = Current Assets / Current Liabilities

• It measures a company's ability to pay off its short-term liabilities with its short-term assets

• A higher current ratio indicates a better ability to meet short-term obligations

• Example: If a company has current assets of $100,000 and current liabilities of $50,000, the current ratio would be 2:1

Quick Ratio is a financial metric used to measure a company's ability to pay off its current liabilities with its most liquid assets.

• Quick Ratio is also known as Acid Test Ratio

• It is calculated by dividing the sum of cash, marketable securities, and accounts receivable by current liabilities

• A higher Quick Ratio indicates a company's better liquidity position

• A Quick Ratio of 1:1 is considered good

• Example: If a company h...read more