Process Associate II

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Process Associate II Interview Questions and Answers

Updated 2 Oct 2024

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Q1. How to start a day routine in the first day of the week

Ans.

Start the day with a plan and positive mindset

  • Create a to-do list for the day

  • Meditate or do some light exercise to clear your mind

  • Eat a healthy breakfast to fuel your body

  • Review any important meetings or deadlines for the week

  • Set achievable goals for the day

  • Stay positive and motivated throughout the day

Q2. How to classify search term report

Ans.

Search term report can be classified based on various parameters such as search volume, click-through rate, conversion rate, etc.

  • Classify based on search volume: high, medium, low

  • Classify based on click-through rate: high, medium, low

  • Classify based on conversion rate: high, medium, low

  • Combine the above parameters to create a comprehensive classification system

  • Example: A search term with high search volume, high click-through rate, and high conversion rate can be classified as...read more

Q3. Ready for rotational shifts

Ans.

Yes, I am ready for rotational shifts.

  • I am flexible with my schedule and can adapt to different shifts

  • I understand the importance of teamwork and collaboration in a 24/7 work environment

  • I have previous experience working in rotational shifts and have successfully managed my time and workload

Q4. Usese of trail balance

Ans.

A trial balance is a financial statement that lists all the accounts in a company's general ledger and their balances.

  • Used to ensure that debits equal credits in the accounting system

  • Helps in detecting errors in recording transactions

  • Prepares the company for the financial statement preparation

  • Can be used to create financial ratios for analysis

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Q5. Corporate action and its type

Ans.

Corporate action refers to events initiated by a public company that impact its shareholders and securities.

  • Types of corporate actions include dividends, stock splits, mergers, acquisitions, spin-offs, and rights issues.

  • Dividends are payments made to shareholders from a company's profits.

  • Stock splits involve dividing existing shares into multiple shares.

  • Mergers occur when two companies combine to form a new entity.

  • Acquisitions involve one company purchasing another.

  • Spin-offs ...read more

Q6. Derivatives and its types

Ans.

Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.

  • Types of derivatives include futures, options, swaps, and forwards.

  • Futures contracts obligate the buyer to purchase an asset at a specific price on a future date.

  • Options give the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price within a specified time period.

  • Swaps involve the exchange of cash flows or assets between two parties base...read more

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Q7. Final accounts uses

Ans.

Final accounts are used to summarize a company's financial transactions and provide a snapshot of its financial position.

  • Final accounts are used to prepare the income statement, balance sheet, and cash flow statement.

  • They help stakeholders assess the financial performance and position of a company.

  • Final accounts are crucial for decision-making, tax compliance, and financial reporting.

  • Examples of final accounts include profit and loss account, statement of financial position, ...read more

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