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Cbe Interview Questions and Answers
Ques:- Can anyone give me clear meaning of INVOICE in accounting terms
Right Answer:
An invoice is a document issued by a seller to a buyer that itemizes and records a transaction, detailing the products or services provided, their quantities, prices, and the total amount due for payment.
Ques:- What are your areas of interests?
Right Answer:
My areas of interest include tax compliance and planning, financial reporting, auditing processes, and staying updated on changes in tax laws and regulations.
Ques:- How aspirant are you to grow in career ?
Right Answer:
I am very aspirant to grow in my career. I am committed to continuous learning and seeking new challenges that will help me develop my skills and advance professionally.
Ques:- How you encourage the job seekers and what action will take ?
Right Answer:
I encourage job seekers by providing personalized feedback on their resumes and interview skills, sharing job search strategies, and connecting them with networking opportunities. I also motivate them by celebrating small achievements and reminding them of their strengths.
Ques:- Your client is a large electric utility company. Consolidation has been widespread in the utilities industry and your client wants to know if they should be jumping on board this trend. What advice would you give them?
Right Answer:
I would advise the client to conduct a thorough analysis of their current market position, financial health, and operational efficiencies. They should evaluate potential synergies, cost savings, and growth opportunities from consolidation. Additionally, assessing the competitive landscape and regulatory implications is crucial. If consolidation aligns with their strategic goals and offers clear benefits, it may be a good move; otherwise, they should consider organic growth or partnerships instead.
Ques:- Your client, a U.S. firm, owns a meat packing plant in Spain. Over the last few periods profits have steadily declined, despite the fact that sales are growing. You have been hired to figure out why.
Right Answer:
The decline in profits despite growing sales could be due to rising costs, such as increased labor, raw materials, or operational inefficiencies. Additionally, it may be caused by pricing pressures, higher competition, or increased overhead expenses. Analyzing the cost structure and operational processes is essential to identify the specific reasons.
Ques:- An asteroid is going to hit the earth and destroy 100% of it. You have several options: create a missile to destroy it (blowing it into several particles which will still impact the earth but destroy only 50%), or create a missile to push it out of the way (this only has a 50% chance of working though). Which alternative do you pick?
Right Answer:
I would choose to create a missile to push it out of the way, as it has a chance to completely avoid the impact.
Ques:- Should a drug company build a remote call center?
Right Answer:
Yes, a drug company should consider building a remote call center to improve customer support, enhance accessibility, and reduce operational costs.
Ques:- What do you mean by time & material contracts?
Right Answer:
Time and material contracts are agreements where a client pays for the actual time spent by the contractor's employees and the materials used in the project, rather than a fixed price.
Ques:- What are the new technologies in civil engineering that can reduce construction cost?
Right Answer:
New technologies in civil engineering that can reduce construction costs include Building Information Modeling (BIM), 3D printing, modular construction, prefabrication, advanced materials (like self-healing concrete), and drones for site surveying and monitoring.
Ques:- Experience of site management
Right Answer:
I have experience in site management, where I coordinated daily operations, supervised staff, ensured safety compliance, managed resources, and communicated with stakeholders to keep projects on schedule and within budget.
Ques:- What can you do for this company?
Right Answer:
I can leverage my skills in data analysis and project management to drive informed decision-making, improve operational efficiency, and foster strong relationships with stakeholders, ultimately contributing to the company's growth and success.
Ques:- What is MPMM?
Right Answer:
MPMM stands for "Multi-Project Management Methodology," which is a framework designed to manage multiple projects simultaneously, ensuring that resources are allocated efficiently and project goals are aligned with organizational objectives.
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