TCE Senior Manager Interview Questions and Answers

IFRS has various accounting treatments, such as fair value accounting, impairment accounting, and lease accounting.

• Fair value accounting involves measuring and reporting assets and liabilities at their current market value.

• Impairment accounting involves recognizing a loss in the value of an asset that has decreased in value.

• Lease accounting involves recognizing lease payments as either operating or finance leases.

• IFRS ...read more

Standards for plant layout in refineries ensure safety, efficiency, and compliance with regulations.

• Plant layout should prioritize safety and minimize the risk of accidents.

• Efficiency is also important, with consideration given to the flow of materials and equipment.

• Regulations and industry standards must be followed, such as those set by OSHA and API.

• Examples of layout considerations include spacing between equipment,...read more

The frequency of visiting vendor shops for expediting depends on various factors such as project timelines, vendor reliability, and urgency of the situation.

• The frequency of visiting vendor shops for expediting can vary from daily visits to weekly or monthly visits.

• It depends on the project timelines and the urgency of the situation. If a project is running behind schedule, more frequent visits may be required to ensur...read more

DCU stands for Dublin City University, a university located in Dublin, Ireland.

• DCU was established in 1980 and has over 17,000 students.

• It offers a wide range of undergraduate and postgraduate courses in various fields such as business, engineering, science, arts, and humanities.

• DCU is known for its innovative approach to education and research, and has partnerships with many leading companies and institutions.

• Some not...read more

Delayed is called so because it refers to something that is postponed or occurs after the expected time.

• The term 'delayed' is used to describe situations where there is a time lag or postponement.

• It implies that something is not happening immediately or as scheduled.

• Delays can occur due to various reasons such as technical issues, logistical problems, or unforeseen circumstances.

• For example, a delayed flight refers to ...read more

The daily progress rate of welders varies based on factors such as experience, type of welding, and complexity of the project.

• Welders with more experience tend to have a higher daily progress rate.

• The type of welding being done can also affect the daily progress rate. For example, TIG welding may take longer than MIG welding.

• The complexity of the project can also impact the daily progress rate. A simple welding project...read more

Project delays can be caused by various constraints.

• Project delays can be caused by resource constraints such as lack of manpower or budget constraints.

• Technical constraints such as unexpected technical issues or changes in requirements can also cause delays.

• External constraints such as weather conditions or delays in receiving materials can also impact project timelines.

• Effective project management can help mitigate t