30+ Associate Lead Interview Questions and Answers

Money laundering is the process of making illegally obtained money appear legal, while terrorist financing is the act of providing funds or resources to support terrorist activities.

• Money laundering involves disguising the source of illegally obtained funds through a series of transactions to make it appear legitimate.

• Terrorist financing involves providing financial support to individuals or groups involved in terrorist activities.

• Money laundering can be used to fund terroris...read more

No, high change failure rate is not good.

• High change failure rate indicates poor planning and execution.

• It can lead to increased downtime, loss of productivity, and decreased customer satisfaction.

• It is important to identify the root cause of the failures and implement corrective actions.

• Regular monitoring and analysis of change failure rate can help improve overall performance.

Acceptance criteria and Definition of Done are two different things that are used to measure the success of a project.

• Acceptance criteria are the conditions that a product or service must meet to be accepted by the customer or stakeholder.

• Definition of Done is a checklist of all the tasks that must be completed before a project can be considered complete.

• Acceptance criteria are used to determine whether a product or service meets the customer's needs and expectations.

• Definiti...read more

ASC 606 is a revenue recognition standard that outlines the principles for recognizing revenue from contracts with customers.

• ASC 606 requires companies to recognize revenue when goods or services are transferred to customers in an amount that reflects the consideration the company expects to receive in exchange for those goods or services.

• The standard also requires companies to identify performance obligations in a contract, determine the transaction price, allocate the trans...read more

Storage classes in C define the scope and lifetime of variables.

• C has four storage classes: auto, register, static, and extern.

• Auto variables are local to a block and have automatic storage duration.

• Register variables are stored in CPU registers for faster access.

• Static variables have a lifetime throughout the program and are initialized only once.

• Extern variables are declared in one file and can be accessed in other files.

• Memory layout of C includes stack, heap, and data seg...read more

Slow-moving provisions in inventory management are items that have low demand and take longer to sell.

• Slow-moving provisions tie up capital and storage space

• They can lead to increased carrying costs and potential obsolescence

• Examples include seasonal items, niche products, and outdated technology

Inventory management involves overseeing the flow of goods from manufacturers to warehouses to retailers, ensuring optimal levels of stock are maintained.

• Monitoring and tracking inventory levels

• Forecasting demand to prevent stockouts or overstocking

• Implementing inventory control measures to minimize losses

• Utilizing inventory management software for efficient tracking

• Optimizing inventory turnover to maximize profitability

Scrum is an agile framework for managing and completing complex projects.

• Scrum helps teams to work collaboratively and deliver high-quality products in a timely manner.

• It emphasizes on iterative and incremental development, continuous improvement, and customer feedback.

• Scrum consists of three roles: Product Owner, Scrum Master, and Development Team.

• It also includes four ceremonies: Sprint Planning, Daily Scrum, Sprint Review, and Sprint Retrospective.

• Scrum uses artifacts such...read more

Different stages of a change in ServiceNOW

• Initiation - Request for change is raised

• Assessment - Change request is assessed for feasibility and impact

• Approval - Change request is approved or rejected

• Implementation - Change is implemented in a controlled manner

• Review - Change is reviewed for effectiveness and any issues are addressed

• Closure - Change is closed and documentation is updated

Accrual concept is a method of accounting where revenues and expenses are recognized when earned or incurred, regardless of when payment is received or made.

• Accrual accounting recognizes revenue when it is earned, not when payment is received

• Expenses are recognized when they are incurred, not when payment is made

• This method provides a more accurate picture of a company's financial health

• Example: A company provides services in December but doesn't receive payment until January...read more

Trade payment methods include cash, credit, and electronic transfers. Product cycle includes development, introduction, growth, maturity, and decline.

• Trade payment methods refer to the ways in which a buyer can pay for goods or services.

• Cash payment involves physical currency exchange.

• Credit payment involves borrowing money and paying it back with interest.

• Electronic transfers involve the use of technology to transfer funds.

• Product cycle refers to the stages a product goes th...read more

Budgeting forecasting is the process of estimating future financial outcomes based on historical data and market trends.

• Budgeting forecasting involves analyzing past financial data and market conditions to predict future financial outcomes.

• It helps in setting financial goals, allocating resources, and making informed business decisions.

• Forecasting techniques include trend analysis, regression analysis, and time series analysis.

• For example, a company may use budgeting forecast...read more

Inward and outward processes are mandatory for efficient operations.

• Inward process involves receiving goods or information from external sources.

• Outward process involves sending goods or information to external sources.

• Both processes require proper documentation and tracking to ensure accuracy and accountability.

• Examples include receiving shipments from suppliers and sending products to customers.

To fix VPN connectivity issues, check for network connectivity, firewall settings, and VPN configuration.

• Check if the device is connected to the internet

• Ensure that the firewall settings allow VPN traffic

• Verify the VPN configuration settings such as server address, authentication, and encryption

• Try restarting the VPN client or device

• Contact the VPN provider for further assistance

Yes, several process improvements have been implemented in the past.

• Implemented a new project management tool to streamline communication and task tracking

• Introduced a standardized training program for new hires to improve onboarding process

• Revised the customer service protocol to reduce response time and increase customer satisfaction

To fix docker login error, check credentials, registry URL, and network connectivity.

• Verify correct username and password are used

• Ensure correct registry URL is used

• Check network connectivity to registry

• Try logging in with --insecure-registry flag if using self-signed certificates

I do not drink or smoke.

• I lead a healthy lifestyle and prioritize my well-being.

• I believe in maintaining a clean and healthy lifestyle to perform at my best.

• I choose not to drink or smoke for personal reasons and to stay focused on my goals.

NSAIDs are a class of drugs that work by inhibiting the enzyme cyclooxygenase, reducing inflammation, pain, and fever.

• NSAIDs stand for nonsteroidal anti-inflammatory drugs

• They work by inhibiting the enzyme cyclooxygenase, which reduces the production of prostaglandins

• Prostaglandins are chemicals in the body that cause inflammation, pain, and fever

• Common examples of NSAIDs include ibuprofen, aspirin, and naproxen

Sanctions are penalties or restrictions imposed on a country or individual to enforce international law or policy.

• Sanctions can include trade restrictions, financial penalties, travel bans, and arms embargoes.

• They are often used as a diplomatic tool to pressure a country to change its behavior.

• Examples of sanctions include the United States' sanctions on Iran for its nuclear program and the United Nations' sanctions on North Korea for its nuclear weapons testing.

• Sanctions can...read more

Intercompany reconciliation involves comparing and resolving discrepancies between financial transactions between different entities within the same organization.

• Identify intercompany transactions by analyzing financial statements and records

• Match corresponding transactions between entities

• Investigate and resolve any discrepancies or differences

• Ensure proper elimination of intercompany transactions in consolidated financial statements

• Use software or tools to streamline the re...read more

Preparing cash flow statements involves analyzing cash inflows and outflows to assess a company's liquidity and financial health.

• Start by gathering financial data, including cash receipts and payments.

• Categorize cash flows into operating, investing, and financing activities.

• Calculate net cash flow by subtracting cash outflows from cash inflows.

• Prepare the cash flow statement using the direct or indirect method.

• Ensure accuracy by reconciling the statement with other financial ...read more

HTML and CSS are essential languages for building and styling websites.

• HTML stands for HyperText Markup Language and is used for creating the structure of a webpage.

• CSS stands for Cascading Style Sheets and is used for styling the elements on a webpage.

• HTML uses tags to define different elements like headings, paragraphs, images, and links.

• CSS allows for customization of colors, fonts, layouts, and more on a webpage.

• Both HTML and CSS are crucial for creating responsive and vi...read more

Fibonacci series is a sequence of numbers where each number is the sum of the two preceding ones.

• In C programming, Fibonacci series can be generated using loops or recursion.

• The first two numbers in the series are always 0 and 1.

• The next number is the sum of the previous two numbers.

• Example: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946, 17711, 28657, 46368, 75025, 121393, 196418, 317811, 514229, 832040, 1346269, 2178309, 3524...read more

The operation runs through a series of planned and coordinated activities to achieve a specific goal.

• Operations involve planning, organizing, coordinating, and controlling resources to achieve a specific goal.

• The process includes identifying objectives, designing strategies, allocating resources, and monitoring progress.

• Effective communication, teamwork, and problem-solving skills are essential for successful operations.

• Examples include manufacturing processes, supply chain m...read more

FIS is a global financial services technology company.

• FIS provides a wide range of financial services and solutions to clients worldwide.

• The company offers banking and payment solutions, consulting services, and risk management tools.

• FIS serves clients in over 130 countries and has over 55,000 employees.

• FIS is a Fortune 500 company and is headquartered in Jacksonville, Florida.

I am a multitasking individual who excels at managing multiple tasks simultaneously.

• I am able to prioritize tasks effectively

• I can switch between tasks seamlessly

• I have experience successfully handling multiple projects at once

I have extensive experience working with Dyno systems in previous roles.

• Performed regular maintenance and calibration on Dyno systems

• Analyzed data collected from Dyno tests to identify performance trends

• Collaborated with engineers to troubleshoot and resolve issues with Dyno testing

• Developed testing protocols to ensure accurate and reliable results

Reverse a string without using in-built functions.

• Iterate through the string and swap the characters at opposite ends.

• Use a temporary variable to store the character being swapped.

• Stop iterating when the middle of the string is reached.

DNS issues can be resolved by checking network settings, clearing cache, and flushing DNS.

• Check network settings to ensure DNS server is correct

• Clear DNS cache on local machine

• Flush DNS on local machine

• Check firewall settings to ensure DNS traffic is allowed

• Try using a different DNS server

• Restart DNS server if necessary

I2C and SPI are communication protocols used to transfer data between devices.

• I2C stands for Inter-Integrated Circuit and is a synchronous serial communication protocol used for short-distance communication between devices.

• SPI stands for Serial Peripheral Interface and is a synchronous serial communication protocol used for communication between microcontrollers and peripheral devices.

• I2C uses a master-slave architecture and supports multiple devices on the same bus, while SP...read more

CTD stands for Common Technical Document while ACTD stands for ASEAN Common Technical Dossier.

• CTD is a standard format for submitting information on drugs and biologics to regulatory authorities in certain regions.

• ACTD is a specific format used in the ASEAN region for regulatory submissions.

• CTD is widely accepted globally, while ACTD is specific to ASEAN countries.

• Both CTD and ACTD aim to streamline the regulatory review process for new drugs and biologics.

Corporate Action refers to an event initiated by a publicly traded company that impacts its shareholders or securities.

• Corporate actions can include stock splits, dividends, mergers, acquisitions, spin-offs, and rights issues.

• These actions can affect the value of the company's stock and the overall investment portfolio of shareholders.

• Investors need to stay informed about corporate actions to make informed decisions about their investments.

MRP filing involves submitting a detailed application to the appropriate regulatory authority.

• Gather all necessary information and documentation required for the submission.

• Complete the application form accurately and thoroughly.

• Submit the application to the designated regulatory authority for review and approval.

• Follow up with the authority for any additional information or clarification they may require.

• Ensure compliance with all regulations and guidelines throughout the fi...read more

I have 5 years of experience working in a post-production company, specializing in video editing and color grading.

• Managed a team of editors and colorists to ensure projects were completed on time and within budget

• Collaborated with clients to understand their vision and deliver high-quality final products

• Utilized industry-standard software such as Adobe Premiere Pro and DaVinci Resolve

• Stayed up-to-date on the latest trends and technologies in post-production to enhance workfl...read more