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An offset is a deduction or credit applied to an account to balance out a debt or obligation.
An offset is used to reduce or eliminate a debt owed by applying a credit from another source.
Offsets are commonly used in accounts receivable to reconcile payments and outstanding balances.
For example, if a customer returns a product and receives a credit, that credit can be used as an offset against their outstanding balance.
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Out of pocket refers to expenses paid by an individual that are not reimbursed by insurance or other sources.
Out of pocket expenses are costs that are paid directly by the individual, without reimbursement.
These expenses can include deductibles, copayments, and coinsurance for medical services.
Out of pocket costs can also include expenses for services or products not covered by insurance.
Individuals may have to pay out...
Not a medical necessity refers to a treatment or service that is not required for the patient's health or well-being.
Not a medical necessity means the treatment or service is not essential for the patient's health.
Insurance companies may not cover treatments that are not considered medically necessary.
Examples include cosmetic procedures, elective surgeries, and experimental treatments.
I applied via Naukri.com and was interviewed in Dec 2023. There were 3 interview rounds.
Random topics like education or skills which is better etc
Top trending discussions
I applied via Referral and was interviewed before Feb 2023. There was 1 interview round.
NAV calculation capital of call distribution notice
NAV (Net Asset Value) calculation involves determining the value of a fund's assets minus its liabilities
Capital call is a request for additional funds from investors in a private equity fund
Distribution notice is a document sent to investors detailing the distribution of profits or income from an investment
I applied via Approached by Company and was interviewed before Apr 2023. There was 1 interview round.
Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of securities.
Mutual funds are managed by professional fund managers who make investment decisions on behalf of the investors.
Investors can buy shares of mutual funds, which represent their ownership in the fund's portfolio.
Mutual funds offer diversification, liquidity, and professional management to invest...
General rules of accounting include consistency, relevance, reliability, and comparability.
Consistency: Accounting methods should be applied consistently from one period to another.
Relevance: Financial information should be relevant to the decision-making needs of users.
Reliability: Financial information should be reliable and free from bias or error.
Comparability: Financial information should be comparable across diff...
Investment banking involves providing financial services to corporations, governments, and other institutions, including raising capital, mergers and acquisitions, and advisory services.
Facilitates capital raising for corporations through issuing stocks and bonds
Assists in mergers and acquisitions by advising on deals and facilitating transactions
Provides financial advisory services to clients on various strategic matt...
Some mcq questions and coding question. Both where easy to medium level. Prepare combination/permutation/Time complexity etc
A question related to Binary search and some other follow ups.
I applied via Referral and was interviewed in Apr 2023. There were 3 interview rounds.
To write reverse list
I applied via Naukri.com and was interviewed in Dec 2024. There was 1 interview round.
I appeared for an interview before Mar 2024, where I was asked the following questions.
I switched jobs to pursue new challenges and opportunities for growth.
Seeking new challenges and opportunities for personal and professional growth
Desire for a change in work environment or company culture
Interest in exploring different industries or roles
Wanted to learn new skills or gain more experience
Looking for better work-life balance or compensation
Example: I wanted to switch to a company that values innovation ...
I am comfortable with shift timings and can adapt to different schedules.
I have experience working various shifts in previous roles
I am flexible and can adjust my schedule as needed
I understand the importance of being reliable and punctual in a shift-based job
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Interview experience
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