Wood Group Interview Questions, Process, and Tips

Q1. First of all you should be experienced, minimum of 2 years of experience is required for this position for a good salary.
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Q2. Prepare yourself with a good knowledge of invoice, important thing which should be mentioned in invoice. Learn what is unbilled and accrual accounting and data. Gold rules of accounting. Credit note and ty...read more
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Q3. What is unbilled data or accrual data? Why it important to clear unbilled data?
Ans. 
Unbilled data or accrual data refers to revenue that has been earned but not yet billed to the customer.
• Unbilled data is a common term used in accounting to describe revenue that has been recognized but not yet invoiced.

• Accrual data refers to expenses that have been incurred but not yet recorded in the accounting system.

• Clearing unbilled data is important to ensure accurate financial reporting and to prevent revenue le...read more
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Q4. What is cash forecast and what are the golden rules of accounting?
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Cash forecast is a projection of future cash inflows and outflows. Golden rules of accounting are basic principles to maintain accurate financial records.
• Cash forecast helps in managing cash flow and planning for future expenses.

• Golden rules of accounting are: debit the receiver, credit the giver; debit what comes in, credit what goes out; and debit expenses and losses, credit income and gains.

• These rules ensure accura...read more
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Q5. What is a credit note, why do we use credit notes any five points in invoice where we have to use credit notes?
Ans. 
A credit note is a document issued by a seller to a buyer, indicating that a certain amount has been credited back to the buyer's account.
• Credit notes are used to correct errors in invoices.

• They are also used to adjust the amount owed by a customer.

• Credit notes can be issued for returned goods or cancelled services.

• They can also be used to give a discount or refund to a customer.

• Credit notes are important for maintaini
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Q6. What is a payment term and what is a credit period?
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Payment term is the time period within which a customer is required to pay for goods or services. Credit period is the time period for which a customer is allowed to delay payment.
• Payment term is agreed upon by the seller and buyer during a transaction.

• It can be expressed in days, weeks, or months.

• For example, a payment term of 30 days means the customer must pay within 30 days of receiving the invoice.

• Credit period is...read more
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Q1. Introduce yourself, tell something about your profile in your organisation.
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Q2. Why do you want to leave your current company and why do you want to join Wood groups?
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Q1. Product regarding and how to expand market
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Q2. How to Wood Coating contractor line up
Ans. 
Effective wood coating contractor lineup involves strategic selection, training, and relationship management.
• Identify qualified contractors through industry referrals and online platforms.

• Evaluate contractors based on their experience with specific wood coatings, such as polyurethane or varnish.

• Conduct training sessions to ensure contractors are familiar with product application techniques.

• Establish clear communication...read more
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Q3. How to Dealer line up
Ans. 
Dealer line-up involves strategic selection and management of dealers to optimize sales and market reach.
• Identify target market segments to align dealers with specific customer needs.

• Evaluate dealer performance metrics such as sales volume and customer feedback.

• Establish clear communication channels for training and support.

• Create incentive programs to motivate dealers, like bonuses for exceeding sales targets.

• Regularl...read more
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Q4. How to Interior designer line up
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Q5. Site visit or OEM
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Simple aptitude questions

This is a shortlisting round, and many technically knowledgeable individuals did not qualify for this stage.

Q1. Which flow system is more effective: countercurrent flow or concurrent flow, and what are the reasons for this?
Ans. 
Countercurrent flow is more effective due to increased concentration gradient and better utilization of resources.
• Countercurrent flow allows for a greater concentration gradient between the two fluids, leading to more efficient mass transfer.

• Countercurrent flow also allows for better utilization of resources as the fluids are in contact for a longer period of time.

• Concurrent flow, on the other hand, results in a lower ...read more
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Q2. What is the procedure for designing a heat exchanger?
Ans. 
The procedure for designing a heat exchanger involves determining heat transfer requirements, selecting appropriate materials, designing the geometry, and analyzing performance.
• Determine the heat transfer requirements based on the fluids involved, flow rates, temperatures, and desired heat transfer rate.

• Select appropriate materials for the heat exchanger based on compatibility with the fluids, operating conditions, and...read more
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Q1. How many types of Heat exchangers ?
Ans. 
Different types of heat exchangers include shell and tube, plate, finned tube, and double pipe.
• Shell and tube heat exchanger

• Plate heat exchanger

• Finned tube heat exchanger

• Double pipe heat exchanger
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Q2. What is FEED means
Ans. 
FEED stands for Front End Engineering Design.
• FEED is a phase in the project development process where the basic engineering of a project is conducted before detailed design.

• It helps in defining the scope, budget, and schedule of a project.

• FEED is essential for identifying potential issues early on and minimizing risks.

• Examples of FEED documents include process flow diagrams, equipment lists, and preliminary layouts.
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Q3. What are the challenges you encounter during procurement process
Ans. 
Challenges in procurement process include supplier management, cost control, and supply chain disruptions.
• Supplier management - Ensuring timely delivery, quality control, and relationship management.

• Cost control - Balancing quality and price, negotiating contracts, and managing budget constraints.

• Supply chain disruptions - Dealing with delays, shortages, and unexpected events like natural disasters or political issues.
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