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Accounts involve recording, classifying, and summarizing financial transactions to provide insights into a business's financial health.
1. Record Transactions: Use journals to record daily transactions, e.g., sales, purchases.
2. Classify Accounts: Organize transactions into categories like assets, liabilities, and equity.
3. Prepare Financial Statements: Create income statements, balance sheets, and cash flow statem...
The golden rule of accounts is a fundamental principle guiding the recording of financial transactions.
1. Debit what comes in, credit what goes out. Example: When cash is received, debit cash account.
2. Debit all expenses and losses, credit all incomes and gains. Example: When a service is sold, credit the revenue account.
3. For personal accounts, debit the receiver and credit the giver. Example: If you owe money ...
Supply Chain Management (SCM) is the oversight of materials, information, and finances as they move from supplier to manufacturer to consumer.
SCM involves coordinating and integrating these flows both within and among companies.
It includes activities like sourcing, procurement, production, and logistics.
For example, a company may use SCM to optimize inventory levels and reduce costs.
Technology plays a crucial role...
Effective follow-up on payments involves clear communication, reminders, and maintaining a professional relationship with clients.
Send a friendly reminder email a few days before the payment due date.
If payment is late, follow up with a polite email or phone call to inquire about the status.
Offer multiple payment options to make it easier for clients to settle their invoices.
Document all communications regarding p...
Sales order handling involves processing customer orders efficiently from receipt to delivery.
Receive and review sales orders for accuracy and completeness.
Input orders into the system, ensuring correct pricing and product details.
Coordinate with inventory to confirm product availability.
Communicate with shipping to schedule timely delivery.
Follow up with customers to confirm order status and address any issues.
I align my strengths with the JD requirements while acknowledging areas for improvement.
Strong analytical skills: I have successfully identified discrepancies in financial reports, leading to a 15% reduction in errors.
Attention to detail: In my previous role, I implemented a new auditing process that improved compliance by 20%.
Communication skills: I regularly present audit findings to senior management, ensuring ...
I drive sales through strategic planning, customer engagement, and effective team management to enhance the retail experience.
Implement targeted promotions: For example, seasonal sales that attract customers and boost foot traffic.
Enhance customer experience: Train staff to provide exceptional service, leading to repeat business.
Utilize data analytics: Analyze sales trends to adjust inventory and marketing strateg...
Yes, the use of a smartphone camera flasher is permitted while assessing old switchgears for modernization.
Using a smartphone camera flasher can help illuminate dark areas and improve visibility while assessing old switchgears.
It can assist in capturing clear and detailed images for documentation and analysis.
Ensure that the flash does not interfere with any sensitive equipment or cause any safety hazards.
Consider...
Unbalanced protection in electrical systems is a type of protection that detects and responds to imbalances in current or voltage levels.
Unbalanced protection is used to detect faults such as phase-to-phase or phase-to-ground faults in electrical systems.
It helps prevent damage to equipment and ensures the safety of personnel by quickly isolating the faulty section of the system.
Examples of unbalanced protection d...
During a site visit for assessing existing switchgear for retrofitting circuit breakers, inputs collected include equipment specifications, condition, age, and load requirements.
Collect equipment specifications such as voltage rating, current rating, and interrupting capacity.
Assess the condition of the existing switchgear to determine if it can accommodate the new circuit breakers.
Consider the age of the switchge...
I appeared for an interview in Jan 2022.
I have a strong skill set in programming languages such as Java, Python, and C++, with over 5 years of experience in each.
Java - 7 years of experience, used in developing enterprise applications
Python - 5 years of experience, used for data analysis and automation scripts
C++ - 6 years of experience, used in embedded systems programming
The project is a web-based application for managing inventory and sales for a retail company.
Developed using Java Spring framework
Utilizes MySQL database for storing data
Includes features such as user authentication, product management, and sales tracking
I appeared for an interview in May 2025, where I was asked the following questions.
Symbols used in GD&T include position, concentricity, perpendicularity, etc.
Position symbol: Indicates the allowable deviation from the true position of a feature
Concentricity symbol: Specifies the allowable deviation between the axis of two features
Perpendicularity symbol: Indicates the allowable deviation from a 90-degree angle between two features
My project involved designing a new type of gearbox for improved efficiency and durability.
Researched existing gearbox designs and identified areas for improvement
Utilized CAD software to create detailed 3D models of the new gearbox
Conducted simulations to test the performance of the new design
Collaborated with a team of engineers to refine the design based on feedback
Produced a final prototype for testing and validati...
I applied via Company Website and was interviewed in Nov 2024. There was 1 interview round.
A stack is a Last In First Out (LIFO) data structure, while a queue is a First In First Out (FIFO) data structure.
Stack: LIFO - Last In First Out. Example: browser history where the last page visited is the first to be accessed.
Queue: FIFO - First In First Out. Example: a line at a grocery store where the first person in line is the first to be served.
I applied via Monster and was interviewed in Dec 2024. There was 1 interview round.
I applied via Job Portal and was interviewed in Oct 2024. There was 1 interview round.
Experienced operations manager with a background in supply chain management and team leadership.
Over 5 years of experience in operations management
Strong background in supply chain management
Proven track record of leading and developing high-performing teams
Skilled in process improvement and optimization
Excellent communication and problem-solving skills
Budget planning involves forecasting expenses, setting financial goals, and allocating resources efficiently.
Start by analyzing past financial data and identifying trends
Forecast future expenses and revenue based on market conditions and company goals
Set financial goals and allocate resources accordingly
Monitor budget performance regularly and make adjustments as needed
Collaborate with other departments to ensure align...
Currently overseeing daily operations, managing staff, optimizing processes, and ensuring efficiency.
Managing a team of employees and delegating tasks
Developing and implementing operational policies and procedures
Monitoring and analyzing operational performance metrics
Identifying areas for improvement and implementing solutions
Ensuring compliance with regulations and standards
I handle my team by setting clear expectations, providing support and resources, fostering open communication, and recognizing achievements.
Set clear expectations for team members
Provide necessary support and resources for team to succeed
Foster open communication and encourage feedback
Recognize and reward team achievements
Address any conflicts or issues promptly and fairly
I recently overcame the challenge of streamlining our inventory management system to improve efficiency.
Identified inefficiencies in current inventory management processes
Implemented new software to track inventory in real-time
Trained staff on how to use the new system effectively
The main method is static in Java because it needs to be called by the JVM without creating an instance of the class.
Static methods can be called without creating an instance of the class.
The main method is the entry point of a Java program, so it needs to be accessible without creating objects.
Having the main method as static ensures that it can be called by the JVM before any objects are created.
Overloading construction is possible in programming by defining multiple functions with the same name but different parameters.
In programming, overloading construction refers to defining multiple functions with the same name but different parameters.
The compiler determines which function to call based on the number and types of arguments passed to it.
For example, you can have multiple functions named 'calculate' that a...
I applied via LinkedIn and was interviewed in Dec 2024. There were 2 interview rounds.
I am a dedicated Project Engineer with a strong background in managing engineering projects and a passion for innovative solutions.
Over 5 years of experience in project management within the construction industry.
Successfully led a team to complete a $2 million infrastructure project ahead of schedule.
Skilled in using project management software like MS Project and Primavera.
Strong communication skills, facilitating co...
Good experience in interview
I applied via Company Website and was interviewed in May 2024. There was 1 interview round.
Switchgears consist of various components like circuit breakers, fuses, relays, etc. used to control, protect, and isolate electrical equipment.
Circuit breakers: Used to interrupt the flow of electricity in case of a fault.
Fuses: Protect electrical circuits by breaking the circuit when there is an overload.
Relays: Control the flow of electricity based on signals from sensors or switches.
Disconnect switches: Used to iso...
Contacts may not be moving in switch gears due to issues such as faulty wiring, mechanical obstructions, or lack of power.
Check for faulty wiring connections
Inspect for mechanical obstructions preventing movement
Ensure there is sufficient power supply to the switch gears
A purchase order is a document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
Purchase orders are used in business transactions to ensure both parties are in agreement on the terms of the sale.
They typically include details such as item descriptions, quantities, prices, payment terms, and delivery dates.
Purchase orders help track and manage purchases, as well as ...
I would prioritize key deliverables, negotiate with vendors for discounts, and streamline processes to maintain quality within the tight budget.
Prioritize key deliverables to ensure essential aspects are not compromised
Negotiate with vendors for discounts or explore alternative cost-effective options
Streamline processes to eliminate any unnecessary expenses and optimize resources
Enclosure refers to a structure that surrounds or contains something, providing protection or confinement.
Enclosures can be used in various industries such as construction, electronics, and manufacturing.
Examples of enclosures include computer cases, electrical boxes, and animal habitats.
Enclosures are designed to protect the contents from external elements and provide safety and security.
Enclosures can be made of diff...
What people are saying about ABB
The duration of ABB interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 239 interview experiences
Difficulty level
Duration
Project Engineer
619
salaries
| ₹4.9 L/yr - ₹18 L/yr |
R&D Engineer
331
salaries
| ₹6.5 L/yr - ₹23 L/yr |
Financial Analyst
274
salaries
| ₹2 L/yr - ₹9.5 L/yr |
Design Engineer
242
salaries
| ₹1.8 L/yr - ₹11 L/yr |
Software Engineer
214
salaries
| ₹8.4 L/yr - ₹32 L/yr |
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