Associate Fund Accounting Manager Interview Questions and Answers

Answers to questions related to Associate Fund Accounting Manager position

• Types of breaks in reconciliation include cash breaks, position breaks, and transaction breaks

• Journal entries for prepaid expenses are recorded as assets, management fees are recorded as expenses, and dividends are recorded as income

• Corporate actions like spin-offs can affect NAV by changing the number of shares outstanding or the value of the underlying assets

• Position breaks can be caused by errors in ...read more