TresVista Interview Questions, Process, and Tips

Normal MBA entrance exam type of questions

Q1. Tell me about yourself
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I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
• I have a Bachelor's degree in Statistics and experience in analyzing large datasets

• I am proficient in using statistical software such as R and Python

• I have a proven track record of identifying trends and providing actionable insights to drive business decisions
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Q2. Explain the 3 financial statements and how they are linked to each other
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The three financial statements are the income statement, balance sheet, and cash flow statement, each providing different insights into a company's financial performance.
• Income statement shows a company's revenues and expenses over a period of time, resulting in net income or loss.

• Balance sheet provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time.

• Cash flow stateme...read more
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Possess fundamental knowledge in finance and accounting, along with skills in English communication and comprehension.

Q1. What are the three components of financial statements?
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The three components of financial statements are income statement, balance sheet, and cash flow statement.
• Income statement shows the company's revenues and expenses over a period of time.

• Balance sheet provides a snapshot of the company's assets, liabilities, and shareholders' equity at a specific point in time.

• Cash flow statement reports the cash generated and used by the company during a specific period.
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Q2. What are the components of a cash flow statement?
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Components of a cash flow statement include operating activities, investing activities, and financing activities.
• Operating activities: Includes cash flows from day-to-day business operations, such as sales and expenses.

• Investing activities: Involves cash flows from the purchase and sale of long-term assets, like property or equipment.

• Financing activities: Includes cash flows related to raising or repaying capital, such
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Q3. What are the meanings of prepaid expenses and depreciation?
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Prepaid expenses are costs paid in advance but not yet incurred, while depreciation is the allocation of the cost of an asset over its useful life.
• Prepaid expenses are assets representing costs that have been paid for but have not yet been used or consumed.

• Depreciation is the systematic allocation of the cost of a tangible asset over its useful life.

• Prepaid expenses are typically recorded as assets on the balance sheet...read more
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Q4. What types of assets are subject to depreciation?
Ans. 
Assets such as machinery, equipment, vehicles, buildings, and furniture are subject to depreciation.
• Machinery

• Equipment

• Vehicles

• Buildings

• Furniture
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Q5. What are the accounting entries for the purchase and sale of a depreciating asset?
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Accounting entries for purchase and sale of a depreciating asset
• Purchase: Debit the asset account and credit the cash/bank account

• Purchase: Debit the depreciation expense account and credit the accumulated depreciation account

• Sale: Debit the cash/bank account and credit the asset account

• Sale: Debit the accumulated depreciation account, debit the gain/credit the loss on sale account, and credit the asset account
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Q6. What is the average number of tea cups consumed by an Indian in a day?
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The average number of tea cups consumed by an Indian in a day varies widely depending on individual preferences and habits.
• Tea consumption in India is influenced by factors such as region, age, gender, and cultural practices.

• Some Indians may consume multiple cups of tea throughout the day, while others may not drink tea at all.

• In general, it is common for many Indians to have at least 1-2 cups of tea per day.

• Tea is a p...read more
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General aptitude, verbal skills

Q1. Journal entries, Balance sheet entries, Cash and accruals, rent, depriciation, behaviourals, guestimates.
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Q1. Revenue expenditure, deferred revenue expenditure, guestimates, rent accruals, journal entries.
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There were 3 sections one is English , 2nd was logical reasoing, and last related to finance

Q1. Why balance sheeet tally
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The balance sheet must tally to ensure that assets equal liabilities plus equity.
• Balance sheet must follow the accounting equation: Assets = Liabilities + Equity

• Tallying the balance sheet ensures that all financial transactions have been recorded accurately

• Errors in the balance sheet can lead to incorrect financial analysis and decision-making

• Common reasons for balance sheet not tallying include missing transactions, i
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Q2. Behavirouly questions
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Q1. Traffic rate of air
Ans. 
The traffic rate of air refers to the volume of air traffic in a specific area or route.
• The traffic rate of air can be measured by the number of flights passing through a particular airspace or airport in a given time period.

• Factors affecting air traffic rate include weather conditions, airport capacity, and airline schedules.

• For example, a busy international airport like Heathrow in London would have a high traffic ra...read more
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