WM Universal Solutions Private Limited Financial Analyst Interview Questions and Answers

Aptitude test was little tricky

Q1. What is account payables
Ans. 
Account payables are amounts owed by a company to its suppliers or vendors for goods or services purchased on credit.
• Account payables represent a company's short-term liabilities

• They are typically recorded as current liabilities on the balance sheet

• Companies often have terms for payment, such as net 30 or net 60, which indicate when the payment is due

• Examples include invoices from suppliers for raw materials, utilities
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Q2. Golden rule of accounting
Ans. 
The golden rule of accounting states that debit what comes in and credit what goes out.
• Debit what comes in and credit what goes out

• Assets = Liabilities + Equity

• Helps maintain the balance in financial statements
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Q1. Walk me through the resume
Ans. 
I have a strong background in finance with experience in financial analysis, forecasting, and reporting.
• Started my career as a financial analyst at XYZ Company, where I was responsible for analyzing financial data and preparing reports

• Implemented cost-saving strategies that resulted in a 10% increase in company profits

• Proficient in financial modeling and forecasting techniques using Excel and other financial software

• Co...read more
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Q2. Strength and weakness
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