Find Interview Questions for Top Companies
Ques:- What is the role of OOP (Object-Oriented Programming) in modern ABAP developme
Right Answer:
OOP in modern ABAP allows for better code organization, reusability, and maintainability by using classes and objects, enabling developers to create modular and scalable applications.
Ques:- What experience from your academic career will help you when working in this sector?
Right Answer:
My coursework in supply chain management provided me with a strong understanding of logistics principles, while my projects on inventory optimization and transportation planning gave me practical experience in analyzing and improving logistics processes. Additionally, my participation in case studies and simulations helped me develop problem-solving skills relevant to real-world logistics challenges.
Ques:- What is fifo & lifo?
Right Answer:
FIFO (First In, First Out) is an inventory management method where the oldest stock is sold or used first. LIFO (Last In, First Out) is a method where the most recently acquired stock is sold or used first.
Ques:- ABOUT LOGISTICS & SUPPLY
Right Answer:
Logistics refers to the process of planning, implementing, and controlling the efficient flow and storage of goods, services, and information from the point of origin to the point of consumption. Supply chain management encompasses logistics along with the coordination of all activities involved in sourcing, procurement, conversion, and logistics management.
Ques:- Describe P2P cycle?
Right Answer:
The P2P (Procure-to-Pay) cycle is the process that organizations use to acquire goods and services and manage payments. It typically includes the following steps:

1. **Need Identification**: Recognizing the need for goods or services.
2. **Requisition**: Creating a purchase requisition to request the items.
3. **Approval**: Getting necessary approvals for the requisition.
4. **Purchase Order (PO)**: Issuing a purchase order to the supplier.
5. **Order Fulfillment**: The supplier delivers the goods or services.
6. **Receiving**: Inspecting and accepting the delivery.
7. **Invoice Receipt**: Receiving the invoice from the supplier.
8. **Payment Processing**: Processing the payment to the supplier.

This cycle ensures that purchases are made efficiently and payments are handled accurately.
Ques:- How to calculate ITR
Right Answer:
To calculate Inventory Turnover Ratio (ITR), use the formula:

ITR = Cost of Goods Sold (COGS) / Average Inventory

Where Average Inventory is calculated as (Beginning Inventory + Ending Inventory) / 2.
Ques:- What is Asset Liability Mangement
Right Answer:
Asset Liability Management (ALM) is the practice of managing financial risks that arise from mismatches between assets and liabilities, focusing on ensuring that an organization can meet its financial obligations while optimizing profitability and maintaining liquidity.
Ques:- Company has performed exceedingly well. However, senior management decides no bonus or increment for the year. How would you share this with the team?
Right Answer:
I would hold a team meeting to communicate the decision transparently, explaining the reasons behind it, acknowledging their hard work and contributions, and emphasizing the company's overall performance. I would encourage open dialogue for any questions or concerns and reassure them that their efforts are valued.
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