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I applied via LinkedIn and was interviewed in Jul 2022. There were 3 interview rounds.
Accounting policies, RTR Profile discussion
Amortization is the process of spreading out the cost of an intangible asset over its useful life.
Amortization is commonly used in accounting to allocate the cost of intangible assets such as patents, copyrights, and trademarks over their useful life.
It is similar to depreciation, which is used for tangible assets like buildings and equipment.
The amortization expense is recorded on the income statement and reduces the ...
Journal entries for depreciation and disposal of fixed assets involve recording depreciation expense and gain/loss on disposal.
Depreciation expense is debited to Depreciation Expense account and credited to Accumulated Depreciation account.
When a fixed asset is disposed of, the book value of the asset is removed from the books by debiting Accumulated Depreciation and crediting the Fixed Asset account.
Any gain or loss o...
Reclass entries BS refer to reclassification entries in the balance sheet.
Reclass entries BS involve moving amounts from one account to another within the balance sheet.
These entries are made to correct errors, adjust classifications, or reflect changes in accounting standards.
For example, moving an amount from a long-term asset account to a current asset account.
Reclass entries BS can impact financial statements and r...
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 maintain the balance in accounting entries and ensure accuracy in financial reporting.
For example, when a company receives...
The journal entry for Sales Return involves debiting Sales Returns and crediting Accounts Receivable or Cash.
Debit the Sales Returns account to reduce sales revenue
Credit Accounts Receivable if the customer is returning the goods on credit
Credit Cash if the customer is returning the goods for a refund
Example: Debit Sales Returns $500, Credit Accounts Receivable $500
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I applied via Campus Placement
Basic Aptitude, time and distance, time and work, basic class 10 maths
I have held multiple positions of responsibility in my previous roles, including leading project teams and managing client relationships.
Led a project team to successfully implement a new software system
Managed client relationships and ensured customer satisfaction
Served as a mentor to junior team members and provided guidance on complex projects
I am a suitable candidate for the Business analyst role at EXL due to my strong analytical skills, experience in data analysis, and ability to drive business insights.
I have a strong background in data analysis and have successfully implemented data-driven strategies in my previous roles.
I possess excellent analytical skills which enable me to interpret complex data and provide valuable insights for decision-making.
I h...
posted on 16 Jan 2025
Changes in a situation can impact financial statements differently
Changes in revenue will impact income statement by affecting net income
Changes in inventory levels will impact balance sheet by affecting assets
Changes in debt levels will impact cash flow statement by affecting financing activities
Discounted Cash Flow (DCF) is a valuation method used to estimate the value of an investment based on its future cash flows.
DCF calculates the present value of expected future cash flows by discounting them back to their current value.
It takes into account the time value of money, risk, and opportunity cost of capital.
The formula for DCF is: DCF = CF1/(1+r)^1 + CF2/(1+r)^2 + ... + CFn/(1+r)^n, where CF is cash flow and...
I applied via campus placement at All India Institute of Management Studies and was interviewed in Oct 2024. There were 2 interview rounds.
Technology making ours less human ( 15 min) online
Fixed assets are long-term tangible assets that are used in the production of goods or services and are not intended for sale.
Fixed assets are physical assets such as buildings, machinery, equipment, vehicles, and land.
They are not intended for sale and are used for the production of goods or services over a long period of time.
Examples of fixed assets include manufacturing plants, office buildings, delivery trucks, an
Capital assets are long-term assets that are used in the production of goods or services and are not easily converted into cash.
Capital assets are typically tangible assets such as buildings, machinery, equipment, and vehicles.
They are used by a company to generate revenue over an extended period of time.
Examples of capital assets include manufacturing plants, delivery trucks, office furniture, and computer systems.
Current ratio is used to assess a company's ability to pay its short-term obligations with its short-term assets.
Current ratio is a liquidity ratio that measures a company's ability to cover its short-term liabilities with its short-term assets.
It is calculated by dividing current assets by current liabilities.
A current ratio of 1 or higher is generally considered healthy, as it indicates that a company has enough curr...
They will ask aptitude, reasoning and other questions as an online test to know your problem solving skills.
They will give a topic where either we have to speak or write on that topic
I applied via Naukri.com and was interviewed in Jun 2024. There were 3 interview rounds.
Nice and good problem solving interview process
Aptitude test has totalof 5 set of rounds..first round is algebra, second round is trigonometry third round is maths fourth round is infinity stones solving puzzles containing the process related probl ms
posted on 13 Mar 2024
I applied via campus placement at Zagdu Singh Chartitable Trust's Thakur Institute of Management Studies & Research, Mumbai and was interviewed in Feb 2024. There were 3 interview rounds.
Aptitude test was divided into 3 parts and was not a typical quant, logical question it was more of an application based questions
Moderate level, maths reasoning questions
posted on 9 Jul 2024
I applied via Campus Placement and was interviewed in Jan 2024. There was 1 interview round.
Interview experience
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