UPL Scientist Interview Questions and Answers

Q1. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of the asset.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Example: A company purchases a delivery truck for $50,000 with ...read more
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Q2. What is accrual
Ans. 
Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period, even if cash has not been exchanged.

• Accruals are used to provide a more accurate representation of a company's financial position and performance.

• Examples of accruals include accounts receivable, accounts payable, and acc
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Q1. Brief about projects done in the past
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Q2. Cost structure of the material
Ans. 
The cost structure of the material refers to the breakdown of expenses related to acquiring, producing, and distributing the material.
• Breakdown of costs such as raw material costs, labor costs, overhead costs, and distribution costs

• Understanding the cost drivers and cost allocation methods used

• Analyzing cost variances and identifying opportunities for cost reduction

• Examples: Cost structure of steel includes iron ore, l...read more
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Past worked details, How i am suitable the right job. and How they may utilize my past experiences.

General attributes ,Basic knowledge,English,maths

Q1. Basic knowledge of engineering
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Q1. Salary expectations?
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