PwC Senior Associate Interview Questions, Process, and Tips

Cashflow statements show how cash is generated and used, while balance sheets show the financial position of a company at a specific point in time.

• Cashflow statements explain changes in cash balances over a period, while balance sheets provide a snapshot of assets, liabilities, and equity at a specific date.

• Both cashflow statements and balance sheets are essential financial statements used by investors, creditors, and ...read more

Trade life cycle is the process of a trade from initiation to settlement.

• Trade initiation: Trade is proposed and agreed upon by parties involved.

• Trade execution: Trade is executed on the agreed terms.

• Trade confirmation: Parties confirm the details of the trade.

• Trade settlement: Payment and transfer of securities are completed.

• Trade reconciliation: Ensuring all details match between parties involved.

• Trade reporting: Rep...read more

BRD stands for Business Requirements Document which outlines the business solution for a project. It is different from FRD which focuses on functional requirements.

• BRD defines the business solution and the business needs that drive the project.

• BRD includes information on business objectives, scope, stakeholders, risks, assumptions, constraints, and success criteria.

• FRD focuses on the functional requirements of the syst...read more

Futures and options are financial derivatives that allow investors to hedge risk or speculate on price movements. Futures are standardized contracts traded on exchanges, while options give the holder the right, but not the obligation, to buy or sell an asset at a specified price.

• Futures are standardized contracts traded on exchanges, where parties agree to buy or sell an asset at a predetermined price on a future date.

• ...read more

Pricing procedure setup is the configuration of pricing elements in SAP system.

• Pricing procedure is a set of condition types that determine the price of a product or service.

• It involves defining access sequences, condition tables, and condition types.

• The pricing procedure is assigned to a sales document type.

• Example: A pricing procedure for a product can include condition types for base price, discounts, taxes, and fre

Pods are needed in 3rd party processes to ensure isolation and scalability of the application components.

• Pods provide a way to group containers together and manage them as a single unit.

• They ensure that each container has its own IP address and can communicate with other containers in the same pod.

• Pods also provide a way to scale the application horizontally by adding more pods.

• For example, in a microservices architect...read more

Our current project follows a subscription-based business model.

• Customers pay a monthly or yearly fee for access to our service

• We offer different tiers of subscription with varying features and prices

• We focus on customer retention and providing value to keep them subscribed

• Examples of successful subscription-based businesses include Netflix, Spotify, and Amazon Prime

Batch job monitoring and processing involves tracking and managing scheduled tasks in a system.

• Batch jobs are automated tasks that run at specific times or intervals.

• Monitoring involves checking the status of batch jobs and ensuring they complete successfully.

• Processing involves managing the execution of batch jobs and troubleshooting any issues that arise.

• Tools like cron, Jenkins, and Control-M can be used for batch j

IDoc is a SAP document format used for data exchange between systems. There are different types of IDocs for different purposes.

• IDoc configuration involves defining the message type, basic type, and segments

• Types of IDocs include: ORDERS, INVOIC, DELVRY03, and more

• IDocs can be sent and received through various methods such as ALE, EDI, and RFC

• IDoc processing involves inbound and outbound processing, error handling, and