Walmart Assistant Manager Interview Questions and Answers

Accrual is an accounting method where revenue or expenses are recognized when earned or incurred, regardless of when payment is received or made.

• Accrual accounting is the opposite of cash accounting

• Accruals are recorded as adjusting entries in the general ledger

• Examples of accruals include interest expense, salaries payable, and accounts receivable

• The entry for an accrual involves debiting an expense account and credit

Contingency liability is a potential liability that may occur in the future based on certain events or circumstances.

• It is a liability that is not certain but may occur in the future

• It is based on certain events or circumstances

• Examples include lawsuits, warranties, and environmental cleanup costs

Space utilisation of vehicles depends on their type and capacity.

• Different types of vehicles have varying space utilisation capabilities

• Capacity of a vehicle refers to the maximum weight or number of passengers it can carry

• Examples: Sedans have limited space compared to SUVs, trucks have higher capacity for carrying goods

To manage group attrition and absenteeism, it is important to address root causes, provide support and incentives, and maintain open communication.

• Identify and address root causes of attrition and absenteeism, such as low job satisfaction, lack of career growth opportunities, or poor work-life balance.

• Provide support and resources to employees to help them overcome challenges that may lead to attrition or absenteeism, ...read more

I am currently working as a Team Lead in a retail store, overseeing daily operations and managing a team of sales associates.

• Creating and implementing sales strategies

• Training and supervising staff

• Handling customer inquiries and complaints

• Analyzing sales data and setting targets

• Ensuring store cleanliness and organization

Operations cost savings can be achieved through various strategies and initiatives.

• Implementing lean practices to reduce waste and improve efficiency

• Negotiating better deals with suppliers to lower costs

• Automating repetitive tasks to increase productivity and reduce labor costs

• Optimizing inventory management to minimize excess stock and storage costs

• Analyzing data to identify areas for cost reduction and implementing t