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Honesty Automation Interview Questions and Answers

Updated 19 Dec 2024

Q1. Tell me how can you build your Portfolio and points which needs to be considered while building your portfolio

Ans.

Building a portfolio involves diversifying investments to manage risk and achieve financial goals.

  • Determine investment goals and risk tolerance

  • Allocate assets across different asset classes (stocks, bonds, real estate, etc.)

  • Regularly review and rebalance the portfolio

  • Consider factors like time horizon, liquidity needs, and tax implications

  • Monitor market trends and economic conditions

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Q2. What is the keypoints for budget

Ans.

Key points for budget include setting financial goals, tracking expenses, creating a realistic plan, and adjusting as needed.

  • Setting financial goals to determine the purpose of the budget

  • Tracking expenses to understand where money is being spent

  • Creating a realistic plan based on income and expenses

  • Adjusting the budget as needed to account for changes in income or expenses

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Q3. What is diversification

Ans.

Diversification is a risk management strategy that involves spreading investments across different assets to reduce overall risk.

  • Diversification helps to minimize the impact of any one investment performing poorly

  • It can be achieved by investing in a mix of stocks, bonds, real estate, and other assets

  • The goal is to create a portfolio that is not overly reliant on the performance of a single asset or market

  • Investors often use diversification to balance risk and return in their ...read more

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Q4. What is your experience with Shopify custom app development?

Ans.

I have extensive experience in Shopify custom app development, including creating custom features and integrations.

  • Developed custom apps to enhance user experience and streamline processes

  • Integrated third-party APIs to add new functionalities

  • Optimized app performance and resolved technical issues

  • Worked on projects such as custom product builders and subscription services

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Q5. What is the process for creating a custom post?

Ans.

The process for creating a custom post involves defining the post type, setting up the post template, and adding custom fields.

  • Define the custom post type using register_post_type() function in WordPress

  • Set up the post template by creating a custom template file in the theme folder

  • Add custom fields using plugins like Advanced Custom Fields or by coding them manually

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Q6. Difference b/w finance and accounts

Ans.

Finance deals with managing money and investments, while accounts deals with recording financial transactions.

  • Finance involves making financial decisions and managing investments to maximize profits.

  • Accounts involves recording financial transactions such as sales, purchases, and payments.

  • Finance focuses on the future and making strategic decisions, while accounts focuses on the past and recording historical data.

  • Examples of finance include investment banking, financial planni...read more

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