1500+ Associate Interview Questions and Answers

My core value is integrity. I displayed it visibly last week when I admitted my mistake to my team and took responsibility for it.

• Integrity is important to me because it builds trust and credibility.

• I always strive to be honest and transparent in my actions and decisions.

• Last week, I made a mistake in a project and instead of trying to cover it up, I admitted it to my team and took responsibility for it.

• I believe that admitting mistakes and taking ownership of them is a sign ...read more

Logical reasoning questions using flowcharts assess problem-solving skills and decision-making processes.

• Understand the flowchart symbols: ovals for start/end, rectangles for processes, diamonds for decisions.

• Follow the flow from start to end, noting each decision point and its possible outcomes.

• Example: If a flowchart asks if a number is even, follow the 'yes' or 'no' paths to determine the next steps.

• Practice with sample flowcharts to improve speed and accuracy in interpret...read more

Net Asset Value is calculated by subtracting liabilities from assets and dividing by the number of outstanding shares.

• Calculate the total value of all assets

• Subtract the total value of all liabilities

• Divide the result by the number of outstanding shares

• NAV = (Total Assets - Total Liabilities) / Number of Outstanding Shares

• Example: If a company has $10 million in assets and $5 million in liabilities, with 1 million outstanding shares, the NAV would be $5 per share.

To convince a customer for a product, I would highlight its unique features, demonstrate its benefits, provide testimonials, and offer a trial or discount.

• Highlight the unique features of the product

• Demonstrate the benefits it offers

• Provide testimonials from satisfied customers

• Offer a trial or discount to encourage the customer to try the product

An audit programme is a plan of action outlining the steps to be taken during an audit.

• An audit programme outlines the objectives, scope, and methodology of the audit.

• It includes a list of audit procedures to be performed.

• It also includes a timeline for the audit and the roles and responsibilities of the audit team.

• Examples of audit programmes include financial audits, operational audits, and compliance audits.

Customer service is the assistance and support provided to customers before, during, and after a purchase.

• Listen actively to customers and address their concerns promptly

• Provide personalized and empathetic service

• Offer multiple channels for customer support (e.g. phone, email, chat)

• Train employees to handle difficult situations and provide solutions

• Collect feedback and use it to improve service

• Create a customer-centric culture within the organization

The cost of goods sold will decrease if a company buys raw materials at a cheaper rate.

• Lower cost of raw materials will lead to lower cost of goods sold

• Increased profit margin due to cost savings

• Competitive advantage in pricing products

The process for creating and submitting code on GeeksforGeeks involves writing code, testing it, and then submitting it on the platform.

• Create an account on GeeksforGeeks website.

• Write the code for the problem statement provided.

• Test the code locally to ensure it works correctly.

• Submit the code on the GeeksforGeeks platform for evaluation.

• Receive feedback and improve the code if necessary.

Microsoft Outlook is an email client that offers email management, calendar scheduling, and task organization.

• Email Management: Send, receive, and organize emails with folders and categories.

• Calendar: Schedule appointments, set reminders, and share calendars with others.

• Task Management: Create to-do lists and track tasks with deadlines.

• Contacts: Store and manage contact information for easy access.

• Integration: Works seamlessly with other Microsoft Office applications like Wor...read more

A company can remove its debt without affecting cash flow by refinancing debt at lower interest rates, increasing revenue, or selling assets.

• Refinance debt at lower interest rates to reduce debt burden

• Increase revenue through sales growth or cost-cutting measures

• Sell assets to generate cash and pay off debt

• Negotiate with creditors for better repayment terms

Choosing an optimal sample size is crucial for accurate statistical analysis while minimizing costs.

• Define the population: Identify the group you want to study, e.g., all patients in a hospital.

• Determine the margin of error: Decide how much error is acceptable, e.g., ±5%.

• Set the confidence level: Common levels are 90%, 95%, or 99%, affecting sample size.

• Use sample size formulas: For proportions, use n = (Z^2 * p * (1-p)) / E^2, where Z is the Z-score, p is the estimated propo...read more

PWC is a multinational professional services network.

• PWC stands for PricewaterhouseCoopers.

• It provides services in audit, tax, and advisory.

• It operates in over 150 countries.

• Some of its clients include Coca-Cola, Google, and Microsoft.

• It is one of the Big Four accounting firms.

KYC registration status can be checked on the website of the respective financial institution or through their customer service.

• Check the website of the financial institution where KYC was registered

• Contact customer service of the financial institution

• Provide necessary details like name, date of birth, and account number

• KYC status can also be checked through the government's KYC registry website

JDBC typically uses port 3306 for MySQL and ODBC typically uses port 1433 for SQL Server.

• JDBC commonly uses port 3306 for MySQL connections

• ODBC typically uses port 1433 for SQL Server connections

Yes, I know some shortcut keys in Excel.

• Ctrl + C: Copy selected cells

• Ctrl + V: Paste copied cells

• Ctrl + Z: Undo last action

• Ctrl + X: Cut selected cells

• Ctrl + S: Save the current workbook

Corporate actions are events initiated by a company that can affect its stock price and shareholders. They are recorded in books through various accounting entries.

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

• These actions are recorded in books through journal entries and adjustments to accounts such as retained earnings and stockholders' equity.

• For example, if a company declares a dividend, it will debit retained earnings and credit...read more

Investing 60cr surplus cash for a client

• Assess client's risk tolerance and investment goals

• Diversify investments across different asset classes

• Consider long-term growth potential and liquidity needs

• Allocate funds to mutual funds, stocks, bonds, and real estate

• Regularly review and rebalance portfolio to maintain optimal asset allocation

I have a good level of knowledge about renewables.

• I have studied renewable energy sources such as solar, wind, hydro, and geothermal power.

• I am aware of the benefits of using renewables, such as reducing carbon emissions and promoting sustainability.

• I have also kept up to date with the latest developments and innovations in the field.

• For example, I know about the increasing use of energy storage systems to improve the reliability of renewable energy sources.

• Overall, I am conf...read more

Yes, I have coded in curriculum. The most complex one was a project on building a web application using React and Node.js.

• Built a full-stack web application using React and Node.js

• Implemented user authentication and authorization using JSON Web Tokens (JWT)

• Used MongoDB as the database and Mongoose as the ODM

• Implemented real-time updates using Socket.IO

• Deployed the application on Heroku

• Handled errors and implemented logging using Winston

The question is unclear and seems to contain errors.

• The question may be referring to 'fast angle' and 'third angle projection' in technical drawing.

• Fast angle refers to a type of projection where the object is viewed from an angle that is not perpendicular to any of its faces.

• Third angle projection is a method of drawing 3D objects in which the object is placed in a box with three sides and projected onto a plane.

• Without more context, it is difficult to provide a more specifi...read more

Steps in revenue recognition under Ind AS 115

• Identify the contract with the customer

• Identify the performance obligations in the contract

• Determine the transaction price

• Allocate the transaction price to the performance obligations

• Recognize revenue when (or as) the entity satisfies a performance obligation

Selecting the top ten rows in SQL involves using the SELECT statement with a LIMIT clause to filter results based on criteria.

• Use the SELECT statement to specify the columns you want to retrieve.

• Apply the WHERE clause to filter results based on specific criteria, e.g., WHERE age > 30.

• Use ORDER BY to sort the results, e.g., ORDER BY salary DESC.

• Limit the results to the top ten using LIMIT 10, e.g., SELECT * FROM employees WHERE age > 30 ORDER BY salary DESC LIMIT 10.

• In SQL Ser...read more

To make a number <4 and >3 using 3, 4, and a symbol/operator on the calculator.

• Use the division operator (/) to divide 4 by 3, resulting in a number greater than 3 and less than 4.

• Alternatively, use the subtraction operator (-) to subtract 3 from 4, resulting in a number greater than 3 and less than 4.

The Order-to-Cash process involves receiving and fulfilling customer orders, with risks including fraud and errors.

• Order entry and validation

• Inventory management and order fulfillment

• Invoicing and payment processing

• Risks include fraudulent orders, errors in order fulfillment or invoicing, and delays in payment processing

• Controls include order verification, inventory tracking, invoice review, and payment reconciliation

Yes, I am familiar with CAPA process and validation deviation process.

• CAPA (Corrective and Preventive Action) process is a quality management system used to identify, investigate, and resolve quality issues.

• Validation deviation process is used to document and investigate any deviations from the validated process or procedure.

• Both processes are important in ensuring quality and compliance in various industries, including pharmaceuticals and medical devices.

• Examples of CAPA pro...read more

To check application of IND AS while checking depreciation, one needs to ensure that the accounting policies and disclosures comply with the relevant standards.

• Check if the company has adopted IND AS and if it is applicable to the company

• Check if the company has followed the relevant accounting policies for depreciation as per IND AS

• Check if the company has made the required disclosures related to depreciation as per IND AS

• Compare the financial statements of the current year ...read more

I can handle multiple compliances simultaneously. In my previous organization, I managed around 10-12 compliances at a time.

• I am comfortable handling multiple compliances simultaneously

• In my previous organization, I managed around 10-12 compliances at a time

• I prioritize the compliances based on their deadlines and importance

• I ensure that all compliances are completed accurately and on time