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Sahyadri Industries

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Zudio Interview Questions and Answers

Updated 8 Mar 2024

Q1. Indian Accounting standard definition, example

Ans.

Indian Accounting Standards (Ind AS) are a set of accounting standards notified by the Ministry of Corporate Affairs which are converged with International Financial Reporting Standards (IFRS).

  • Ind AS are based on principles rather than rules, providing more flexibility in financial reporting.

  • They aim to improve transparency, comparability, and reliability of financial statements.

  • Example: Ind AS 115 - Revenue from Contracts with Customers, which provides guidance on recognizin...read more

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Q2. Generally accepted accounting principles

Ans.

Generally accepted accounting principles are a set of rules and standards that companies must follow when preparing financial statements.

  • GAAP ensures consistency and transparency in financial reporting

  • GAAP includes guidelines for revenue recognition, expense recognition, and asset valuation

  • Examples of GAAP include the matching principle, historical cost principle, and full disclosure principle

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Q3. Profile handle earlier or not

Ans.

The question is asking if the candidate has handled the profile before.

  • Yes, I have handled similar profiles in my previous roles

  • No, this would be a new experience for me

  • I have experience in handling financial profiles but not specifically as an Assistant Manager

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Q4. ERP handled earlier or not

Ans.

Yes, I have experience handling ERP systems in my previous roles.

  • Managed ERP system for financial data analysis and reporting

  • Implemented upgrades and enhancements to ERP system

  • Trained team members on how to use ERP system effectively

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Q5. Discuss about the product

Ans.

Our product is a high-quality, customizable widget that is designed to meet the needs of a wide range of customers.

  • Our product is made from durable materials that are built to last.

  • We offer a variety of customization options, including color, size, and shape.

  • Our product is designed to be easy to use and maintain.

  • We have a dedicated team of experts who are available to provide support and answer any questions.

  • Our product has been well-received by customers in a variety of indu...read more

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Q6. Cost reduction on Production

Ans.

Cost reduction on production can be achieved through various methods.

  • Identify areas where costs can be reduced without compromising on quality

  • Implement lean manufacturing techniques to reduce waste and increase efficiency

  • Negotiate with suppliers for better pricing on raw materials

  • Invest in automation to reduce labor costs

  • Regularly review and optimize production processes

  • Encourage employee involvement in cost-saving initiatives

  • Consider outsourcing non-core activities to reduce...read more

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Q7. How to sell a pen and location change

Ans.

To sell a pen, highlight its unique features and benefits, and create a sense of urgency. Location change can be used to create a need for the pen.

  • Highlight the pen's unique features and benefits, such as its smooth writing, comfortable grip, and long-lasting ink.

  • Create a sense of urgency by emphasizing the limited availability of the pen or a special promotion.

  • Use the location change to create a need for the pen, such as in a new job or school.

  • Demonstrate the pen's capabilit...read more

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Q8. Last company CTC

Ans.

My last company CTC was $60,000 per annum.

  • My last company offered me a CTC of $60,000 per annum.

  • This included my base salary, bonuses, and other benefits.

  • I received a salary of $5,000 per month along with performance-based bonuses.

  • The CTC also covered health insurance and travel allowances.

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