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Sand Martin Consultants
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Operating lease is a type of lease where the lessee does not assume the risks and rewards of ownership.
Short-term lease typically less than the economic life of the asset
Lessor retains ownership of the asset
Lessee pays rent for the use of the asset
Operating expenses are usually borne by the lessee
Common in equipment leasing and real estate
A financial lease is a long-term lease in which the lessee is responsible for maintenance and insurance, and has the option to purchase the asset at the end of the lease term.
In a financial lease, the lessee bears the risks and rewards of ownership.
The lease term is usually for the majority of the asset's useful life.
The lessee is responsible for maintenance and insurance of the asset.
At the end of the lease term, the ...
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Provision is an amount set aside for a specific purpose or future expense.
Provision is a financial term used to account for future expenses or liabilities.
It is a predetermined amount set aside in the company's financial statements.
Provisions are made based on estimates and are adjusted as necessary.
Examples of provisions include bad debt provision, warranty provision, and restructuring provision.
I applied via Referral and was interviewed in Apr 2024. There were 2 interview rounds.
I applied via Naukri.com and was interviewed in Sep 2024. There was 1 interview round.
SDLC stands for Software Development Life Cycle. There are various models followed during a project like Waterfall, Agile, Iterative, etc.
SDLC is a process used by software development teams to design, develop, and test high-quality software.
Waterfall model follows a linear and sequential approach, where each phase must be completed before moving on to the next.
Agile model emphasizes flexibility and customer collaborat...
I applied via Referral and was interviewed in Jan 2022. There was 1 interview round.
I applied via Recruitment Consulltant and was interviewed in Dec 2023. There were 2 interview rounds.
Assignment level of hardest was 3.
The technologies used in the back-end included Java, Spring Boot, Hibernate, and MySQL.
Java
Spring Boot
Hibernate
MySQL
I applied via Recruitment Consulltant and was interviewed in Jan 2022. There were 2 interview rounds.
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