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The Leading Solutions Finance Intern Interview Questions and Answers
The Leading Solutions Finance Intern Interview Experiences
3 interviews found
Anonymous
(2 Questions)
- Q1. What is cash flow statement
- Ans.
Cash flow statement is a financial statement that shows the inflows and outflows of cash in a business over a specific period of time.
It provides insights into how well a company manages its cash position.
Consists of three main sections: operating activities, investing activities, and financing activities.
Helps investors and analysts assess the financial health and liquidity of a company.
Example: Cash received from cus...
- Q2. Difference between marketing and sales
- Ans.
Marketing focuses on creating awareness and interest in a product or service, while sales involves closing deals and generating revenue.
Marketing involves activities such as advertising, branding, market research, and public relations.
Sales involves activities such as prospecting, qualifying leads, negotiating, and closing deals.
Marketing aims to create demand for a product or service, while sales aims to convert that ...
(2 Questions)
- Q1. Tell me about your strength
- Ans.
My strength lies in my analytical skills and attention to detail.
Strong analytical skills allow me to effectively analyze financial data and make informed decisions.
Attention to detail ensures accuracy in financial reports and calculations.
Ability to identify trends and patterns to make strategic recommendations.
Experience in using financial software and tools to streamline processes.
- Q2. Why should i hire you
- Ans.
I am a dedicated and motivated individual with a strong background in finance and a proven track record of success.
I have a solid understanding of financial principles and have excelled in relevant coursework
I have previous internship experience in finance where I successfully completed projects and contributed to the team
I am a quick learner and have strong analytical skills, which will allow me to excel in this role
Interview Preparation Tips
Piyush Thakare
(1 Question)
- Q1. Tell me about yourself
Interview Preparation Tips
Selected
I applied via Campus Placement and was interviewed in Feb 2023. There were 3 interview rounds.
Aptitute test included some basic to intermediate level questions from three subjects, i.e, English, Reasoning, Aptitute.
(1 Question)
- Q1. Initially you have to tell in a brief, about yourself.
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Selected
I was interviewed in Jan 2024.
(5 Questions)
- Q1. Tell me about yourself
- Q2. Basic questions about finance
- Q3. What exactly are you looking for in this internship?
- Q4. Available to join immediately
- Q5. About previous job/internship & certifications if any!
I applied via Referral and was interviewed in Oct 2023. There was 1 interview round.
(1 Question)
- Q1. Accounting principles
I was interviewed in Apr 2017.
Interview Questionnaire
3 Questions
- Q1. What is merger and acquistion ?
- Ans.
A merger and acquisition is a corporate strategy involving the combination of two or more companies into a single entity.
Mergers and acquisitions are commonly used to achieve growth, diversification, or synergy.
A merger occurs when two companies agree to combine their operations and assets to form a new company.
An acquisition happens when one company purchases another company, becoming its new owner.
Mergers and acquisi...
- Q2. Why to calculate P/E Ratio ?
- Ans.
The P/E ratio is calculated to assess the relative value of a company's stock by comparing its price to its earnings.
P/E ratio helps investors determine if a stock is overvalued or undervalued.
A high P/E ratio suggests that investors have high expectations for future earnings growth.
A low P/E ratio may indicate that a stock is undervalued or that the company is facing challenges.
P/E ratio is commonly used in fundamenta...
- Q3. What you think of our countries current economic condition ?
- Ans.
The country's current economic condition is stable but facing challenges.
The GDP growth rate has slowed down in the past year.
Unemployment rate has increased slightly.
Inflation is under control but rising prices of essential commodities are a concern.
Government policies and reforms are being implemented to boost economic growth.
Exports have been affected by global trade tensions.
Stock market performance has been volati...
Interview Preparation Tips
Experience: I made profile on naukri.com and got shortlisted for interview round
Tips: Make your resume clear and concise
Make one page resume
Round: Technical Interview
Tips: You need to read a lot
Read Newspaper
Skills: Communication And Confidence, Analytical Skills
College Name: MET
(5 Questions)
- Q1. Explain budgeting
- Ans.
Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.
Involves estimating income and expenses
Setting financial goals
Monitoring actual performance against the budget
Adjusting the budget as needed
Common types include operating budgets, capital budgets, and cash budgets
- Q2. Explain forecasting
- Ans.
Forecasting is the process of making predictions about future trends based on past and present data.
Forecasting involves analyzing historical data to identify patterns and trends
Different methods such as qualitative and quantitative analysis can be used for forecasting
Common techniques include time series analysis, regression analysis, and econometric modeling
Forecasting helps businesses make informed decisions and pla...
- Q3. Explain revenue recognition
- Ans.
Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.
Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.
It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.
Different industries may have specific guidelines for revenue recog...
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
- Ans.
Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.
Assets are recognized in the balance sheet to show the company's resources and their value.
Depreciation is recorded to allocate the cost of assets over their useful life.
Recognizing assets and depreciating them helps in accurately reflecting ...
I applied via Naukri.com and was interviewed in Nov 2024. There were 2 interview rounds.
Its related to accounting concepts
(1 Question)
- Q1. Anything can related to accounts
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
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The Leading Solutions Finance Intern Reviews and Ratings
based on 6 reviews
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Intern
5
salaries
|  ₹1 L/yr - ₹7 L/yr |
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Finance Intern
5
salaries
| ₹2 L/yr - ₹5 L/yr |
|
HR Executive Recruiter
3
salaries
| ₹2.5 L/yr - ₹6 L/yr |
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