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COGS, or Cost of Goods Sold, represents the direct costs attributable to the production of goods sold by a company.
COGS includes costs like raw materials and direct labor used in production.
For example, if a company manufactures furniture, COGS would include wood, nails, and wages for carpenters.
COGS is subtracted from revenue to determine gross profit.
Understanding COGS helps businesses set pricing strategies and...
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...
Excel is a powerful spreadsheet tool for data analysis, calculations, and visualization, widely used in accounting and finance.
Basic Functions: Use SUM() to add numbers, e.g., =SUM(A1:A10) to sum values in cells A1 to A10.
Data Formatting: Format cells for currency, percentages, or dates to enhance readability.
Pivot Tables: Create pivot tables to summarize large datasets, allowing for quick analysis of financial da...
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 ...
I have extensive retail experience, focusing on customer service, sales, and inventory management to enhance store performance.
Worked as a sales associate at XYZ Store, consistently exceeding sales targets by 20%.
Handled customer inquiries and complaints, ensuring a positive shopping experience.
Managed inventory and restocked shelves, improving product availability.
Trained new employees on sales techniques and cus...
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 planning and production management involves identifying bottlenecks and optimizing workflows for efficiency.
Identify production goals and timelines to align resources effectively.
Analyze workflow to pinpoint bottlenecks, such as machinery downtime or labor shortages.
Implement lean manufacturing techniques to reduce waste and improve efficiency.
Use tools like Gantt charts or Kanban boards for visualizing ...
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.
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...
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 applied via LinkedIn and was interviewed in Apr 2022. There were 2 interview rounds.
Dynamic SharePoint permissions can be handled through flows using the 'Grant Access to an Item or a Folder' action.
Use the 'Grant Access to an Item or a Folder' action in the flow
Set the 'Site Address' and 'List Name' for the SharePoint site and list
Set the 'Item ID' for the specific item you want to grant access to
Set the 'User or Group' field to the user or group you want to grant access to
Set the 'Permissions' field...
Cascaded dropdowns are handled by populating the second dropdown based on the selection made in the first dropdown.
Create an event listener for the first dropdown to detect changes
Use AJAX to retrieve data for the second dropdown based on the selected value of the first dropdown
Populate the second dropdown with the retrieved data
I appeared for an interview before Jul 2024, where I was asked the following questions.
Burp Suite is a powerful web application security testing tool used for identifying vulnerabilities.
Intercepts HTTP/S traffic between the browser and the server for analysis.
Includes tools like Scanner for automated vulnerability detection.
Allows manual testing with features like Intruder for automated attacks.
Provides a Repeater tool to modify and resend requests for testing.
Can be extended with plugins to enhance fun...
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
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.
Function to find two numbers in array that add up to target. Optimize solution.
Use a hash map to store each number and its index as you iterate through the array.
For each number, check if the difference between the target and the number exists in the hash map.
Return the indices of the two numbers that add up to the target.
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.
I appeared for an interview in Jun 2025, where I was asked the following questions.
I have hands-on experience in electrical installations, maintenance, and troubleshooting in various settings, including residential and commercial.
Completed a 2-year apprenticeship program where I learned wiring, circuit design, and safety protocols.
Worked on residential projects, installing lighting fixtures and outlets, ensuring compliance with local codes.
Assisted in troubleshooting electrical issues, such as circui...
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
I appeared for an interview in May 2025, where I was asked the following questions.
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...
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The duration of ABB interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 246 interview experiences
Difficulty level
Duration
Project Engineer
647
salaries
| ₹6.4 L/yr - ₹16.4 L/yr |
R&D Engineer
321
salaries
| ₹11.2 L/yr - ₹20 L/yr |
Financial Analyst
301
salaries
| ₹3.5 L/yr - ₹8.1 L/yr |
Design Engineer
248
salaries
| ₹4.2 L/yr - ₹10 L/yr |
Software Engineer
222
salaries
| ₹13.9 L/yr - ₹25 L/yr |
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