Wipro Financial Associate Interview Questions and Answers

Q1. Self introduction, family background
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Q2. Why should hire you, salary expectation
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Q1. Self intlo, Tell about Hyderabad
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Hyderabad is a vibrant city in southern India known for its rich history, culture, and delicious cuisine.
• Hyderabad is home to iconic landmarks such as the Charminar, Golconda Fort, and Hussain Sagar Lake

• The city is famous for its biryani, a flavorful rice dish cooked with meat and aromatic spices

• Hyderabad is a major hub for technology companies, with a booming IT industry in areas like HITEC City
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Q2. What is hobbies, weeknes
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Q3. Short goals , long term goals
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Q4. What is weeks , What is your roll model
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Q1. What is depreciation and amortization
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Depreciation is the allocation of the cost of tangible assets over their useful life, while amortization is the allocation of the cost of intangible assets over their useful life.
• Depreciation is used for tangible assets like buildings, machinery, vehicles, etc.

• Amortization is used for intangible assets like patents, copyrights, trademarks, etc.

• Both depreciation and amortization help in spreading out the cost of an asse...read more
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Q2. What is balance sheet
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Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two.

• The balance sheet equation is: Assets = Liabilities + Shareholders' Equity.

• It helps investors and analysts...read more
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Q1. How to post Deferred revenue entry
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Deferred revenue entry is posted by debiting the deferred revenue account and crediting the revenue account.
• Identify the amount of revenue that has been deferred

• Debit the deferred revenue account for the identified amount

• Credit the revenue account for the same amount

• Ensure that the deferred revenue account balance is reduced as revenue is recognized

• Update the financial statements accordingly
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Q2. No clarity on the questions their asking, vague questions mostly
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Q1. No clarity on questions they were asking, vague questions
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Q2. Experience on past role and experience
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Q1. Related to Financial model which I prepared.
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Q1. IND AS 116 and about company
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Q1. Are you ready to relocate
Ans. 
Yes, I am open to relocating for the right opportunity.
• I am willing to relocate for the right job opportunity that aligns with my career goals.

• I have experience moving for previous job positions and am comfortable with the process.

• I am excited about the possibility of exploring a new city and culture through relocation.
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Q2. Your expectations
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I expect challenging work, opportunities for growth, supportive team, and fair compensation.
• Challenging work that allows me to utilize my skills and knowledge

• Opportunities for professional growth and advancement within the company

• A supportive team environment where collaboration and communication are valued

• Fair compensation and benefits for the work I am doing
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It was an online aptitude test

Q1. Golden rules of accounting
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Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules help ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.

• For example, when a company receives ...read more
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Q2. Difference between capital and revenue expenditure
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Capital expenditure is for long-term assets, while revenue expenditure is for day-to-day expenses.
• Capital expenditure is for acquiring or improving long-term assets, such as buildings or equipment.

• Revenue expenditure is for day-to-day expenses like salaries, rent, and utilities.

• Capital expenditure is usually non-recurring and adds value to the business over time.

• Revenue expenditure is recurring and is necessary to keep...read more
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Q1. What do you know about Atos
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Atos is a global leader in digital transformation, providing IT services and consulting.
• Atos is a multinational IT services corporation based in France

• It offers services in areas such as cybersecurity, big data, and cloud computing

• Atos has a strong presence in various industries including healthcare, finance, and manufacturing
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