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Kcs Interview Questions and Answers
Ques:- Do you have any past heroes?
Right Answer:
Yes, I have past heroes who have inspired me through their dedication, resilience, and achievements in their fields.
Ques:- How do you assign responsibilities to employees in Siebel?
Right Answer:
To assign responsibilities to employees in Siebel, navigate to the "Administration - User" screen, select the "Responsibilities" view, and then create or modify a responsibility record. After that, associate the responsibility with the employee by adding the employee's user account to the responsibility in the "Users" view.
Ques:- You have 2 candles of equal size and a lighter. The candles can burn 1 hour each. You have to measure 90 minutes with these candles. There is no scale or clock?
Right Answer:
Light one end of the first candle and both ends of the second candle at the same time. When the second candle burns out (in 30 minutes), light the other end of the first candle. When the first candle burns out, 90 minutes will have passed.
Ques:- How is optimum cash balance maintained?
Right Answer:
Optimum cash balance is maintained by forecasting cash flows, analyzing cash needs, setting a target cash balance, and regularly monitoring and adjusting cash reserves to ensure sufficient liquidity while minimizing idle cash.
Ques:- What are preference shares? What are their features?
Right Answer:
Preference shares are a type of equity security that gives shareholders preferential treatment in terms of dividends and asset distribution. Their features include:

1. Fixed Dividend: Preference shareholders receive a fixed dividend before any dividends are paid to common shareholders.
2. Priority in Liquidation: In the event of liquidation, preference shareholders are paid before common shareholders.
3. Non-voting Rights: Typically, preference shares do not carry voting rights in the company.
4. Cumulative or Non-Cumulative: Some preference shares are cumulative, meaning unpaid dividends accumulate, while others are not.
5. Redeemable or Irredeemable: Preference shares can be redeemable (the company can buy them back) or irredeemable (they cannot be bought back).
Ques:- What is float in receivables management?
Right Answer:
Float in receivables management refers to the time it takes for a payment to be processed and reflected in the company's accounts after it has been received. It includes the period from when a customer sends a payment until the funds are available for use by the company.
Ques:- Explain: Perpetual inventory system and its aims.
Right Answer:
A perpetual inventory system is a method of tracking inventory levels in real-time, updating records continuously as sales and purchases occur. Its aims are to provide accurate inventory data, improve stock management, reduce discrepancies, and enhance decision-making regarding inventory control.
Ques:- Explain Ratio Analysis and its advantages.
Right Answer:
Ratio analysis is a financial analysis tool that uses various ratios derived from financial statements to assess a company's performance, financial health, and operational efficiency.

Advantages of ratio analysis include:
1. Simplifies financial data for easier comparison.
2. Helps identify trends over time.
3. Aids in benchmarking against industry standards.
4. Assists in making informed investment and management decisions.
5. Highlights areas needing improvement.
Ques:- How do you fix the credit limits of the customers (Distributors, Dealers)
Right Answer:
To fix the credit limits of customers (distributors, dealers), analyze their credit history, payment behavior, sales volume, financial stability, and industry risk. Use this data to set limits that balance risk and sales potential, ensuring they align with company policies and market conditions. Regularly review and adjust limits based on performance and changes in their financial situation.
Ques:- What is Planning horizon and how does it impact MRP and MPS run results ?
Right Answer:
The planning horizon is the period over which planning and forecasting are done, typically covering future demand and supply needs. It impacts Material Requirements Planning (MRP) and Master Production Schedule (MPS) run results by determining how far into the future inventory levels, production schedules, and resource allocations are planned. A longer planning horizon allows for better anticipation of demand and resource needs, while a shorter horizon may lead to stockouts or excess inventory due to insufficient foresight.
Ques:- What is Bullwhip effect in supply Chain, how it affects the supply chain and how would you reduce it?
Right Answer:
The Bullwhip effect in supply chain refers to the phenomenon where small fluctuations in demand at the retail level lead to larger fluctuations in demand at the wholesale, distributor, manufacturer, and raw material supplier levels. This can cause inefficiencies, excess inventory, stockouts, and increased costs.

To reduce the Bullwhip effect, companies can:
1. Improve demand forecasting accuracy.
2. Share information across the supply chain.
3. Reduce lead times.
4. Implement order smoothing techniques.
5. Use inventory management strategies like just-in-time (JIT).
Ques:- Explain SCOR and CFPR models
Right Answer:
SCOR (Supply Chain Operations Reference) is a model that provides a framework for evaluating and improving supply chain performance through standardized processes, metrics, and best practices. It focuses on five key processes: Plan, Source, Make, Deliver, and Return.

CFPR (Collaborative Forecasting, Planning, and Replenishment) is a model that emphasizes collaboration among supply chain partners to improve forecasting accuracy, streamline planning processes, and enhance inventory replenishment. It aims to align supply and demand more effectively through shared information and joint decision-making.
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