TCS Senior CSA Interview Questions and Answers

Q1. What is accruals
Ans. 
Accruals refer to expenses that have been incurred but not yet paid for.
• Accruals are used to match expenses with revenues in the same accounting period.

• They are recorded as liabilities on the balance sheet until they are paid.

• Examples include accrued salaries, interest, and taxes.

• Accruals help provide a more accurate representation of a company's financial position.
Answered by AI
Add your answer
Q2. What is provisions
Ans. 
Provisions are funds set aside for future expenses or losses.
• Provisions are typically made to cover potential future liabilities or expenses.

• They are recorded as a liability on the balance sheet until they are utilized.

• Examples of provisions include warranty provisions, bad debt provisions, and restructuring provisions.
Answered by AI
Add your answer
Q3. What is pre payment
Ans. 
Prepayment is a payment made before the actual due date of an invoice or bill.
• Prepayment helps in ensuring timely payment and can sometimes lead to discounts.

• It is common in industries like real estate, where tenants may prepay rent for a few months.

• Prepayment can also refer to paying for goods or services in advance before receiving them.
Answered by AI
Add your answer

Q1. Last job and total experience discussion along with salary expectation.
Add your answer

Q1. Domain specific questions were asked.
Add your answer

Q1. Technical questions
Add your answer
Q2. Explanation on the flow of procurement process.
Ans. 
The procurement process involves identifying needs, selecting suppliers, negotiating terms, and making purchases.
• Identify the need for a product or service

• Research and select potential suppliers

• Negotiate terms and pricing with chosen supplier

• Create a purchase order or contract

• Receive and inspect the goods or services

• Approve and process payment to the supplier
Answered by AI
Add your answer

Q1. Your strength and weakness
Add your answer
Q2. What is expectation for ctc
Ans. 
The expectation for CTC should be competitive based on industry standards and the candidate's experience and skills.
• CTC expectations should be realistic and aligned with the candidate's qualifications.

• Research industry standards and salary ranges for similar positions to determine a fair CTC expectation.

• Consider the candidate's experience, skills, and the responsibilities of the role when discussing CTC expectations.

• Ne...read more
Answered by AI
View 1 more amswer

Q1. Can you share your experience from your previous company where you handled P1 cases, and explain how you managed to resolve them?
Ans. 
I successfully handled P1 cases at my previous company by prioritizing urgency, coordinating with cross-functional teams, and implementing quick and effective solutions.
• Prioritized P1 cases based on urgency and impact on customers

• Coordinated with cross-functional teams such as engineering, product, and customer support to quickly address the issue

• Implemented quick and effective solutions to resolve P1 cases and minimiz...read more
Answered by AI
Add your answer
Q2. If you are working from home and your internet is not functioning, how would you support the critical infrastructure of the client?
Ans. 
I would immediately contact my team to inform them of the situation and work on finding alternative solutions to ensure the critical infrastructure of the client is supported.
• Contact team members to inform them of the situation

• Work on finding alternative solutions such as using a mobile hotspot or going to a location with stable internet connection

• Prioritize critical tasks and delegate responsibilities to team members
Answered by AI
Add your answer

Q1. What are your expectations regarding the position?
Ans. 
I expect to lead a team to achieve operational excellence through effective communication, problem-solving, and continuous improvement.
• Lead and motivate team members to meet performance goals

• Implement efficient processes to streamline operations

• Provide guidance and support to team members

• Collaborate with other departments to ensure smooth operations

• Identify areas for improvement and implement solutions
Answered by AI
Add your answer
Q2. When would you be available to join us?
Ans. 
I am available to join in two weeks.
• I can start in two weeks from now.

• I need to give my current employer a two weeks notice.

• I have some personal commitments for the next two weeks.

• I need time to relocate to the new location.
Answered by AI
Add your answer

Q1. HR Asked about your experience and your Introduction. Basically they check our communication skills.
Add your answer

Email Writing and Aptitute test.

Q1. This is a Manager round, He will ask your Introduction and your experience.
Add your answer

Q1. What is your understanding on AML and sanction screening? Pep identification and a few questions related to availability to join and package
Add your answer
Q2. Second round of interview was in detail went on for 40 minutes and questions were process related to kyc remediation -banking customer screening pillars of kyc understanding on regulators and their policie...read more
Add your answer