20+ ANZ Operations & Technology Interview Questions and Answers

Questions related to accounting principles and responsibilities for Senior Associate position.

• Golden rule is to treat others as you would like to be treated.

• Deferred revenue is revenue received in advance but not yet earned. Journal entry is to credit revenue and debit deferred revenue account.

• Depreciation is the decrease in value of an asset over time. Entry is to debit depreciation expense and credit accumulated depreciation account.

• Prepaid expenses are expenses paid in adv...read more

I improve my shelf by regularly organizing and decluttering items, utilizing storage solutions, and rotating items to keep things fresh.

• Regularly declutter and organize items on the shelf

• Utilize storage solutions such as bins, baskets, and shelves

• Rotate items to keep the shelf looking fresh and interesting

Banking is the process of managing money and financial transactions. It is important for individuals and businesses to save, invest, and borrow money.

• Banks provide a safe place for individuals and businesses to deposit their money.

• Banks offer loans and credit to individuals and businesses to help them achieve their financial goals.

• Banks facilitate international trade by providing foreign exchange services.

• Banks play a crucial role in the economy by providing liquidity and cre...read more

React is a JavaScript library for building user interfaces, while Angular is a full-fledged framework for building web applications.

• React is a library, while Angular is a framework

• React uses a virtual DOM for better performance, while Angular uses a regular DOM

• React is more flexible and allows for easier integration with other libraries, while Angular has more built-in features and tools

• React uses JSX for templating, while Angular uses HTML templates

Key vault can be configured using Azure portal, PowerShell, Azure CLI or ARM templates.

• Create a key vault resource in Azure portal

• Set access policies for users and applications

• Generate and manage keys, secrets and certificates

• Use Azure PowerShell or Azure CLI to automate key vault management

• Deploy key vault using ARM templates

Event loop is a mechanism in programming that allows for asynchronous execution of code by continuously checking for tasks in a queue.

• Event loop continuously checks the call stack and the task queue for tasks to execute.

• If the call stack is empty, the event loop will take a task from the task queue and push it onto the call stack for execution.

• Event loop allows for non-blocking I/O operations in languages like JavaScript.

• Example: In JavaScript, setTimeout() function schedules...read more

Finance involves managing money and investments to achieve financial goals.

• Finance is the study of how individuals, businesses, and organizations manage money and investments.

• It includes topics such as financial planning, budgeting, investing, and risk management.

• Financial statements such as balance sheets, income statements, and cash flow statements are used to analyze financial performance.

• Financial markets, such as stock and bond markets, play a crucial role in finance.

• Exa...read more

Sanctioned countries are nations that have imposed restrictions or penalties by other countries or international organizations.

• Sanctioned countries may face economic sanctions, trade embargoes, or travel bans.

• Examples of sanctioned countries include North Korea, Iran, and Venezuela.

• Sanctions are often imposed to encourage compliance with international laws or to address human rights violations.

I am fluent in three languages: English, Spanish, and French.

• Fluent in English, Spanish, and French

• Can communicate effectively in all three languages

• Have experience working in multilingual environments

Factorial program calculates the product of all positive integers up to a given number.

• Use a loop to multiply all positive integers up to the given number

• Handle edge cases like 0 and negative numbers

• Consider using recursion for a more concise solution

Middleware is software that acts as a bridge between different applications or systems, allowing them to communicate and share data.

• Middleware handles communication between different software components

• It can provide services such as message queuing, data transformation, and security

• Examples include Apache Kafka for message queuing and IBM WebSphere for application integration

Handle clients by building rapport, actively listening, setting clear expectations, and providing excellent service.

• Build rapport by showing genuine interest in the client's needs and concerns

• Actively listen to the client's feedback and address any issues or questions promptly

• Set clear expectations regarding timelines, deliverables, and communication

• Provide excellent service by going above and beyond to meet the client's needs and exceed their expectations

Trial balance is a statement that lists all the general ledger accounts and their balances to ensure that debits equal credits.

• Trial balance is prepared at the end of an accounting period to check the accuracy of the ledger accounts.

• It lists all the accounts with their debit or credit balances.

• The total of debit balances should equal the total of credit balances.

• If the totals do not match, it indicates errors in the accounting records.

• Example: If the total debit balance is $1...read more

Node.js is a runtime environment that allows you to run JavaScript on the server side.

• Node.js is built on Chrome's V8 JavaScript engine.

• It uses an event-driven, non-blocking I/O model.

• Node.js is commonly used for building scalable network applications.

• It is popular for building APIs and real-time applications.

• Node.js has a large ecosystem of open-source libraries available through npm.

Functions are reusable blocks of code that can be called multiple times, while stored procedures are precompiled SQL statements that can be executed on demand.

• Functions are defined using the CREATE FUNCTION statement in SQL, while stored procedures are defined using the CREATE PROCEDURE statement.

• Functions return a single value, while stored procedures can return multiple values.

• Functions are called using SELECT statement, while stored procedures are called using EXECUTE stat...read more

GSM call flow is the sequence of events that occur during a mobile phone call in a GSM network.

• The call is initiated by the mobile station (MS) sending a call setup request to the base station (BS).

• The BS forwards the request to the mobile switching center (MSC).

• The MSC then sets up a connection to the called party's MSC.

• The called party's MSC sends a paging request to the BS serving the called party.

• The BS sends a paging message to the called party's MS.

• The called party's MS...read more

Finance is the management of money and investments.

• Finance involves managing money, investments, and other financial assets.

• It includes activities such as budgeting, saving, investing, and borrowing.

• Finance plays a crucial role in businesses, personal finances, and the economy as a whole.

• Examples of finance include stock trading, budget planning, and financial analysis.

Props are read-only data passed from parent to child components, while state is mutable data managed within a component.

• Props are passed down from parent components and cannot be changed by the child component.

• State is managed within a component and can be updated using setState().

• Props are used to pass data from parent to child components, while state is used for managing component-specific data.

• Example:

• Example: this.state = { count: 0 };

Node.js is a runtime environment that allows you to run JavaScript on the server side.

• Node.js is built on Chrome's V8 JavaScript engine

• It uses an event-driven, non-blocking I/O model

• Node.js is commonly used for building server-side applications and APIs

A prototype is an early sample, model, or release of a product built to test a concept or process.

• Prototypes are used to validate design concepts before full production.

• They can be physical models, digital simulations, or mockups.

• Prototypes help identify flaws and make improvements before finalizing the product.

• Examples include 3D printed models, wireframe designs, and beta versions of software.

The golden rules of finance are basic principles that guide financial decision-making and management.

• Spend less than you earn to avoid debt

• Save and invest regularly for long-term financial security

• Diversify your investments to reduce risk

• Understand and manage your expenses and income effectively

• Avoid unnecessary debt and prioritize paying off high-interest debt first

Our current process implementation involves a combination of agile and waterfall methodologies.

• We use agile methodology for software development projects.

• We use waterfall methodology for hardware development projects.

• We have a project management tool to track progress and assign tasks.

• We have regular team meetings to discuss progress and address any issues.

• We conduct post-project reviews to identify areas for improvement.

List is an ordered collection of elements while set is an unordered collection of unique elements.

• Lists allow duplicate elements while sets do not.

• Lists maintain the order of elements while sets do not.

• Lists are accessed using indexing while sets are accessed using iteration.

• Examples: [1, 2, 3] is a list while {1, 2, 3} is a set.

Spring Security provides authentication, authorization, and protection against common security vulnerabilities.

• Authentication: Spring Security supports various authentication mechanisms such as form-based, basic, and OAuth.

• Authorization: Spring Security allows for role-based and permission-based access control.

• Protection: Spring Security helps prevent common security vulnerabilities like CSRF, XSS, and SQL injection.

• Integration: Spring Security can be easily integrated with o...read more