Add office photos
Filter interviews by
Vihari Citi Diagnostics Lead Finance Interview Questions and Answers
Vihari Citi Diagnostics Lead Finance Interview Experiences
1 interview found
Sivasankar Varaprasad G
I applied via Approached by company and was interviewed before Feb 2021. There was 1 interview round.
(4 Questions)
- Q1. How you improve profitability?
- Ans.
Improving profitability involves increasing revenue and reducing costs.
Identify and eliminate unnecessary expenses
Increase sales through marketing and sales strategies
Improve operational efficiency to reduce costs
Negotiate better deals with suppliers
Implement cost-saving measures such as automation
Raise prices if possible without losing customers
- Q2. How you reduce cost of service by implementing target costing?
- Ans.
Target costing involves setting a target cost for a product or service and then finding ways to achieve that cost.
Identify the target cost for the service
Analyze the cost of each component of the service
Find ways to reduce the cost of each component without compromising on quality
Implement the changes and monitor the cost to ensure it stays within the target cost
Examples include reducing the cost of raw materials, stre...
- Q3. Capital Structure optimisation
- Q4. How you manage non technical staff
Interview Preparation Tips
Top trending discussions
Interview questions from similar companies
Anonymous
(2 Questions)
- Q1. Deferred tax liability , practical use, how do we calculate
- Ans.
Deferred tax liability is a balance sheet item representing taxes that will be paid in the future due to temporary differences in accounting and tax rules.
Deferred tax liability arises when a company's taxable income is greater than its accounting income, resulting in taxes being paid in the future.
It is calculated by multiplying the temporary difference between taxable income and accounting income by the tax rate.
Exam...
- Q2. Swap in simple terms, dividend growth model
- Ans.
A swap is a financial agreement between two parties to exchange cash flows or other financial instruments.
A swap involves two parties exchanging cash flows or other financial instruments based on a predetermined set of terms.
Common types of swaps include interest rate swaps, currency swaps, and commodity swaps.
The dividend growth model is a method used to value a company's stock based on the expected future dividends i...
I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.
(2 Questions)
- Q1. What is depreciation?
- Q2. Full form of COGS ?
Interview Preparation Tips
(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 ...
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.
Interview Preparation Tips
Skills evaluated in this interview
I applied via Company Website and was interviewed in Feb 2024. There were 6 interview rounds.
FINANCE and social medias, politicals
(2 Questions)
- Q1. Basic Finance questions
- Q2. FINANCE services
(1 Question)
- Q1. Finance and development organisation
Basic communication skills
(1 Question)
- Q1. Ask to resume model
(1 Question)
- Q1. Ask to knowledge skills for financial
Interview Preparation Tips
- Finance
- Financial Planning
- Financial Modelling
If I am given the opportunity to work in your company, I guarantee that I will fulfil my responsibilities to the complete satisfaction of my superiors.
(2 Questions)
- Q1. Self introduction
- Q2. What is finance
- Ans.
Finance is the management of money and other assets, including investments, budgeting, and financial planning.
Finance involves managing money and assets to achieve financial goals.
It includes activities such as budgeting, investing, and financial planning.
Finance helps individuals and organizations make informed financial decisions.
Examples of finance include managing a company's cash flow, investing in stocks and bond
(2 Questions)
- Q1. What do you know about ICICI sales
- Ans.
ICICI sales refers to the sales activities and strategies of ICICI Bank, one of the largest private sector banks in India.
ICICI Bank offers a wide range of financial products and services to individual and corporate customers.
The bank utilizes various channels such as branches, online platforms, and mobile apps to drive sales.
ICICI Bank often runs promotional campaigns and offers discounts to attract new customers and ...
- Q2. What do you know about your local area
Interview Preparation Tips
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
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!
Vihari Citi Diagnostics Interview FAQs
Tell us how to improve this page.
Interview Questions for Popular Designations
- Finance Executive Interview Questions
- Financial Analyst Interview Questions
- Finance Manager Interview Questions
- Accounts & Finance Executive Interview Questions
- Accounts & Finance Manager Interview Questions
- Finance Intern Interview Questions
- Assistant Manager Finance Interview Questions
- Senior Executive - Finance Interview Questions
- Show more
Interview Questions from Similar Companies
TCS
Accenture
Wipro
Cognizant
- Home >
- Interviews >
- Vihari Citi Diagnostics Interview Questions >
- Vihari Citi Diagnostics Lead Finance Interview Questions
