_VOIS Assistant Lead Interview Questions and Answers

Q1. About accounts golden rules
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Q2. About previous company invoice processing
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Q1. Journal entry for prepaid expenses
Ans. 
Journal entry for prepaid expenses involves debiting Prepaid Expense account and crediting Cash or Bank account.
• Prepaid expenses are expenses paid in advance but not yet incurred.

• To record prepaid expenses, debit the Prepaid Expense account and credit Cash or Bank account.

• Example: Journal entry for prepaid rent of $1,200 would be: Debit Prepaid Rent $1,200 and Credit Cash/Bank $1,200.
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Q2. Journal entry for dividend
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Journal entry for dividend involves debiting retained earnings and crediting dividends payable or cash account.
• Debit retained earnings to decrease equity

• Credit dividends payable or cash account to show payment to shareholders

• Dividends are not an expense, but a distribution of profits

• Journal entry: Debit Retained Earnings, Credit Dividends Payable or Cash
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It was fine, not very difficult

Was detailed. I was asked to prepare a ppt for RFP.

Q1. Why did i choose a particular method for my project timekines
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Q2. MVP timelines in the larger project schedule
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Q1. Agile and waterfall difference
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Q1. Key business risks in recent project
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Q1. Handling client visit
Ans. 
Handling client visits involves preparation, professionalism, and excellent communication skills.
• Prepare the meeting room or office space in advance

• Greet the client warmly and professionally

• Listen actively to the client's needs and concerns

• Offer refreshments or amenities as appropriate

• Provide any necessary materials or information

• Follow up with a thank you note or email after the visit
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Q2. Talk about end to end process
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End to end process refers to the complete workflow from start to finish of a particular task or project.
• Identifying the initial requirements or goals

• Planning and strategizing the steps to achieve those goals

• Executing the plan

• Monitoring progress and making adjustments as needed

• Completing the task or project and evaluating the outcomes
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Q3. Reason for job change
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Q4. Better carrier opportunities
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Q1. About capital market, Derivatives, Corporate actions
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Q2. What is trade life cycle, MBS, Types of corporate actions
Ans. 
Trade life cycle refers to the stages involved in a trade, MBS stands for Mortgage-Backed Securities, and corporate actions are events that affect a company's securities.
• Trade life cycle includes order initiation, execution, confirmation, settlement, and post-trade activities.

• Mortgage-Backed Securities (MBS) are financial instruments backed by a pool of mortgage loans.

• Types of corporate actions include dividends, stock
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Q1. Knowledge check re obligation management
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Q1. Tell me about yourself
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Q2. Why are you selected this company & job
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Q1. Tell me something about yourself
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Q2. What do you know about your job responsibilities for which post you applied
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Given a scenario where the customer is very angry how do you handle the situation?

Q1. Documents submission
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