Find Interview Questions for Sdo

Right Answer:
An imprest account is a type of account used to manage a fixed amount of cash for specific purposes, such as petty expenses. It is replenished periodically to maintain the set balance, ensuring that funds are available for small, routine expenditures.

Right Answer:
The general entry for Deferred Tax is:

**Debit: Deferred Tax Asset**
**Credit: Income Tax Expense**

or

**Debit: Income Tax Expense**
**Credit: Deferred Tax Liability**

depending on whether it is an asset or a liability.

Right Answer:
The highest tax slab in the four-tier tax structure in the GST legislation is 28%.

Right Answer:
A ratio is a quantitative relationship between two numbers, showing how many times one value contains or is contained within the other.

Types of ratios include:

1. **Liquidity Ratios** - Measure the ability to meet short-term obligations (e.g., Current Ratio, Quick Ratio).
2. **Profitability Ratios** - Assess a company's ability to generate profit (e.g., Gross Profit Margin, Net Profit Margin).
3. **Leverage Ratios** - Indicate the level of debt relative to equity (e.g., Debt-to-Equity Ratio).
4. **Efficiency Ratios** - Evaluate how effectively a company uses its assets (e.g., Inventory Turnover Ratio).
5. **Market Ratios** - Relate to the company's market performance (e.g., Earnings Per Share, Price-to-Earnings Ratio).

Right Answer:
The FBT (Fringe Benefit Tax) rate for the Financial Year 2008-2009 and Assessment Year 2009-2010 was 30%.

Right Answer:
Descriptive statistics summarize and describe the main features of a dataset, using measures like mean, median, mode, and standard deviation. Inferential statistics use sample data to make predictions or inferences about a larger population, often employing techniques like hypothesis testing and confidence intervals.

Right Answer:
Exploratory Data Analysis (EDA) is the process of analyzing and summarizing datasets to understand their main characteristics, often using visual methods. It helps identify patterns, trends, and anomalies in the data before applying formal modeling techniques.

Right Answer:
A pivot table is a data processing tool that summarizes and analyzes data in a spreadsheet, like Excel. You use it by selecting your data range, then inserting a pivot table, and dragging fields into rows, columns, values, and filters to organize and summarize the data as needed.

Right Answer:
A hypothesis is a specific, testable prediction about the relationship between two or more variables. To test a hypothesis, you can use the following steps:

1. **Formulate the Hypothesis**: Clearly define the null hypothesis (no effect or relationship) and the alternative hypothesis (there is an effect or relationship).
2. **Collect Data**: Gather relevant data through experiments, surveys, or observational studies.
3. **Analyze Data**: Use statistical methods to analyze the data and determine if there is enough evidence to reject the null hypothesis.
4. **Draw Conclusions**: Based on the analysis, conclude whether the hypothesis is supported or not, and report the findings.

Right Answer:
The purpose of feature engineering in data analysis is to create, modify, or select variables (features) that improve the performance of machine learning models by making the data more relevant and informative for the analysis.

Right Answer:
Project float, also known as slack, is the amount of time that a project task can be delayed without affecting the overall project timeline or the start date of subsequent tasks.

Right Answer:
1 brass of sand is approximately 1,000 kilograms.

Right Answer:
I have a positive and proactive attitude. I approach challenges with a solution-oriented mindset, stay adaptable to changes, and focus on collaboration and communication to achieve project goals.

Right Answer:
To compress the time frame when a delay occurs, I would prioritize tasks, reallocate resources, implement parallel processing where possible, and negotiate with stakeholders for flexibility on deadlines or scope adjustments.

Right Answer:
The output of the scope definition process is the project scope statement, which includes the project objectives, deliverables, boundaries, and acceptance criteria.