Synergy Group Interview Questions and Answers

Q1. Trail balance Corp chat
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Q2. Team handling situations based question
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Q1. What does S/4 HANA implementation involve?
Ans. 
S/4 HANA implementation involves migrating business processes to SAP's latest ERP system for improved efficiency and real-time analytics.
• Data migration from legacy systems to S/4 HANA

• Business process reengineering to align with S/4 HANA functionalities

• Customization and configuration of S/4 HANA modules

• Training employees on using the new system effectively

• Testing and validation of the implemented solution
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Q2. What is the process for setting up a master data set?
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Setting up a master data set involves identifying data sources, cleansing data, defining data attributes, and establishing data governance.
• Identify all relevant data sources that will be included in the master data set

• Cleanse the data to ensure accuracy and consistency

• Define data attributes such as data types, formats, and relationships

• Establish data governance policies and procedures to maintain data quality and integ
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Q1. Royalty process
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Q2. Intercompany pricing process
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Q1. Team handing Experience and salary discussion
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Q1. Tell me about yourself.
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Q2. What is the definition and purpose of market research?
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Q3. What services does Ipsos provide?
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Q4. What is the concept of mystery shopping?
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Q5. What is your knowledge and experience with Microsoft Office?
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Q1. What is an abstract class?
Ans. 
An abstract class is a class that cannot be instantiated and may contain abstract methods that must be implemented by its subclasses.
• Cannot be instantiated directly

• May contain abstract methods

• Used as a blueprint for other classes
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Q2. What is abstraction?
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Abstraction is the process of hiding complex details and showing only the essential features of an object or system.
• Abstraction allows us to focus on what an object does, rather than how it does it

• It helps in simplifying complex systems by breaking them down into smaller, more manageable parts

• Examples of abstraction include using a car without needing to understand its internal combustion engine, or using a smartphone
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Q3. Best sorting algo?time complexity of it?
Ans. 
QuickSort is one of the best sorting algorithms with an average time complexity of O(n log n).
• QuickSort is a divide and conquer algorithm that works by selecting a 'pivot' element and partitioning the array around the pivot.

• It has an average time complexity of O(n log n) and a worst-case time complexity of O(n^2).

• Example: ['apple', 'banana', 'cherry', 'date', 'fig'] can be sorted using QuickSort.

• Example: ['3', '1', '4'...read more
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Q4. You have been provided a sorted list time complexity achieved after we apply bubble sorting
Ans. 
Bubble sorting has a time complexity of O(n^2) for a sorted list.
• Bubble sorting has a worst-case time complexity of O(n^2) for a sorted list.

• The time complexity does not change even if the list is already sorted.

• Example: If we have a sorted list of size n, bubble sorting will still take O(n^2) time.
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Q1. Have you ever been to a state other than jharkhand?
Ans. 
Yes, I have been to multiple states other than Jharkhand.
• I have traveled to states like Maharashtra, Karnataka, and Tamil Nadu for work and leisure.

• I have visited tourist destinations in states like Rajasthan, Kerala, and Himachal Pradesh.

• I have family in states like Uttar Pradesh, Bihar, and West Bengal, which I have visited multiple times.
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Basic Financial Accounting concepts
Email Writing
Logical Reasoning

Q1. What goes in the line items of Income Statement?
Ans. 
Line items in an Income Statement include revenues, expenses, gains, and losses.
• Revenue: Sales of goods or services

• Cost of Goods Sold (COGS): Direct costs related to producing goods sold

• Gross Profit: Revenue minus COGS

• Operating Expenses: Costs related to running the business (e.g. salaries, rent)

• Operating Income: Gross profit minus operating expenses

• Interest Expense: Cost of borrowing money

• Net Income: Total profit afte...read more
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Q2. What is Investment Banking?
Ans. 
Investment banking involves providing financial advisory services to corporations, governments, and other institutions for raising capital, mergers and acquisitions, and other financial transactions.
• Helps companies raise capital through issuing stocks or bonds

• Assists in mergers and acquisitions by providing valuation and negotiation services

• Provides financial advisory services for various transactions such as IPOs, deb...read more
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Q3. Explain the impact of share buyback on the 3 financial statements.
Ans. 
Share buybacks impact financial statements by reducing outstanding shares, increasing EPS, and affecting cash flow.
• Share buybacks reduce the number of outstanding shares on the balance sheet.

• This can increase earnings per share (EPS) as the same amount of earnings is distributed among fewer shares.

• On the income statement, share buybacks can lead to higher EPS and potentially higher stock prices.

• Share buybacks can also ...read more
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Q4. Impact of bonus share issue on 3 financial statements.
Ans. 
Bonus share issue impacts financial statements by increasing equity on balance sheet, reducing retained earnings, and affecting earnings per share.
• Increase in equity on balance sheet due to additional shares issued at no cost

• Reduction in retained earnings as company's profits are distributed among more shareholders

• Impact on earnings per share as number of shares outstanding increases
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Q1. Can you provide information about yourself?
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Q2. Can you describe your previous work experience?
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Q1. GDS Commands
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Q2. Airline Terminals and Airport Codes
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Sabre Commands to Check Availability

Blocking and Booking Tickets

Commands to Check Fare rules

Checking Availability

Infant and Child title

Q1. About Airport Terminals
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Q2. About Encode and Decode in GDS
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Q1. Phone interview
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Q1. Project technical questions
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Q1. Project technical based question
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Q1. Behavioural based questions
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Q1. Qualification about me and my previous work experience
Ans. 
I have a Bachelor's degree in Accounting and 3 years of experience as an Accounts Assistant at XYZ Company.
• Bachelor's degree in Accounting

• 3 years of experience as an Accounts Assistant at XYZ Company

• Proficient in financial analysis and reporting

• Strong attention to detail and accuracy

• Experience with accounting software such as QuickBooks
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Q2. Previous experience about small shops andcompanybrands
Ans. 
I have previous experience working with small shops and company brands, handling accounts and financial transactions.
• Managed accounts payable and receivable for a small boutique clothing store

• Handled payroll and tax filings for a local restaurant chain

• Assisted in budgeting and financial analysis for a startup tech company
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