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Altisource Interview Questions and Answers
9 Interview questions
Revenue is recorded on the credit side to reflect increases in equity and the flow of resources into the business.
In double-entry accounting, every transaction affects at least two accounts. Revenue increases equity, hence it's credited.
When a sale occurs, cash or accounts receivable increases (debit), while revenue increases (credit).
For example, if a company sells a product for $100, cash (asset) is debited $100...
TDS rates for contracts vary based on the nature of the contract and the recipient's status.
TDS on contracts is generally deducted at 2% for payments to contractors (Section 194C).
For payments to subcontractors, TDS is also 1% for individuals and HUF, and 2% for others.
In case of professional services, TDS is deducted at 10% under Section 194J.
For payments to non-residents, TDS rates can vary based on the nature o...
Yes, I am proficient in advanced Excel including VLOOKUP, PivotTables, and macros.
Proficient in VLOOKUP, INDEX/MATCH, PivotTables, and data validation
Experience with creating complex formulas and macros
Knowledge of conditional formatting and data analysis tools
Familiarity with Power Query and Power Pivot for data manipulation
Ability to create interactive dashboards and reports
Pivot tables summarize and analyze data in Excel, allowing for dynamic data organization and insights.
Open Excel and select the data range you want to analyze.
Go to the 'Insert' tab and click on 'PivotTable'.
Choose where to place the PivotTable (new worksheet or existing).
Drag and drop fields into the 'Rows', 'Columns', and 'Values' areas to organize data.
Use filters to refine the data displayed in the PivotTable.
Achieving growth presents challenges like market competition, resource allocation, and maintaining quality while scaling operations.
Market Competition: New entrants can disrupt established players, requiring constant innovation.
Resource Allocation: Balancing investment in growth versus maintaining operational efficiency is crucial.
Quality Control: Scaling operations can lead to inconsistencies in product/service q...
To sort out the no's in ascending order, we can use built-in sorting functions or implement our own sorting algorithm.
Use Array.sort() method in JavaScript to sort the array of numbers in ascending order.
Implement bubble sort, selection sort, or insertion sort algorithm to sort the array of numbers in ascending order.
If the array contains strings instead of numbers, use localeCompare() method to sort the strings i...
Java supports inheritance, allowing classes to inherit properties and methods from parent classes, forming a hierarchy.
In Java, a class can extend another class, making it a child class (subclass) of the parent class (superclass).
Example: class Dog extends Animal { } - Dog is a child class of Animal.
Java supports single inheritance, meaning a class can only extend one parent class.
Hierarchy can be visualized: Obje...
Finding common elements in two arrays of strings using C
Create two arrays of strings
Loop through each element of the first array
For each element, loop through the second array to check for a match
If a match is found, add it to a third array
Return the third array with common elements
1003 is a mortgage application form used in the United States.
1003 is also known as the Uniform Residential Loan Application (URLA).
It is used by lenders to collect information about a borrower's financial history and creditworthiness.
The form includes sections for personal information, employment history, income, assets, liabilities, and details about the property being purchased.
The 1003 form is required for mos...
Altisource Interview Experiences
41 interviews found
Anonymous
Selected
I appeared for an interview in Feb 2025.
Aptitude Test and Reasoning
(1 Question)
- Q1. HR Discussion with HR
(2 Questions)
- Q1. Technical and Manager round1
- Q2. Technical and Manager Round2
Team Lead Interview Questions asked at other Companies
Selected
I applied via Naukri.com and was interviewed in Apr 2024. There was 1 interview round.
(4 Questions)
- Q1. Tell me about yourself
- Q2. Do you know advanced excel
- Ans.
Yes, I am proficient in advanced Excel including VLOOKUP, PivotTables, and macros.
Proficient in VLOOKUP, INDEX/MATCH, PivotTables, and data validation
Experience with creating complex formulas and macros
Knowledge of conditional formatting and data analysis tools
Familiarity with Power Query and Power Pivot for data manipulation
Ability to create interactive dashboards and reports
- Q3. What is vlook up
- Q4. How to draw pivot tables
- Ans.
Pivot tables summarize and analyze data in Excel, allowing for dynamic data organization and insights.
Open Excel and select the data range you want to analyze.
Go to the 'Insert' tab and click on 'PivotTable'.
Choose where to place the PivotTable (new worksheet or existing).
Drag and drop fields into the 'Rows', 'Columns', and 'Values' areas to organize data.
Use filters to refine the data displayed in the PivotTable.
Skills evaluated in this interview
Selected
I appeared for an interview before Apr 2024, where I was asked the following questions.
- Q1. What criteria do you use to determine whether a transaction should be recorded as a debit or a credit?
- Ans.
Transaction recording depends on account type and the accounting equation principles.
Assets increase with debits and decrease with credits. Example: Purchasing equipment is a debit to Equipment.
Liabilities increase with credits and decrease with debits. Example: Taking a loan is a credit to Loans Payable.
Equity increases with credits and decreases with debits. Example: Issuing stock is a credit to Common Stock.
Revenues...
- Q2. What are the TDS rates applicable for contracts?
- Ans.
TDS rates for contracts vary based on the nature of the contract and the recipient's status.
TDS on contracts is generally deducted at 2% for payments to contractors (Section 194C).
For payments to subcontractors, TDS is also 1% for individuals and HUF, and 2% for others.
In case of professional services, TDS is deducted at 10% under Section 194J.
For payments to non-residents, TDS rates can vary based on the nature of inc...
- Q3. Why is revenue recorded on the credit side?
- Ans.
Revenue is recorded on the credit side to reflect increases in equity and the flow of resources into the business.
In double-entry accounting, every transaction affects at least two accounts. Revenue increases equity, hence it's credited.
When a sale occurs, cash or accounts receivable increases (debit), while revenue increases (credit).
For example, if a company sells a product for $100, cash (asset) is debited $100, and...
Analyst Interview Questions asked at other Companies
(1 Question)
- Q1. About mortgage process questions in detail
Title Specialist Interview Questions asked at other Companies
(1 Question)
- Q1. Self intro and prior experience
(1 Question)
- Q1. Self intro and experience
Team Lead Operations Interview Questions asked at other Companies
(2 Questions)
- Q1. Introduction abt us
- Q2. Job experience and salary
Customer Relationship Manager Interview Questions asked at other Companies
The first round was an aptitude test in which 4 sections were logical reasoning, quantitative, attention to details and Essay
(1 Question)
- Q1. The second Round was Technical Round, the below questions were asked - introduction - project related questions - Write a code to find palindrome String - Write a code to find the sum of array numbers - o...
(1 Question)
- Q1. The Third Round was a manager round, just 3-4 questions, introduction, some tools you know in web development, where do see yourself 5 yrs from now, project challenges.
Interview Preparation Tips
Pega Prpc Developer Interview Questions asked at other Companies
Selected
I applied via Company Website and was interviewed in Jan 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about your past experiences
- Ans.
I have extensive experience in project engineering, managing complex projects and leading cross-functional teams.
Managed multiple projects simultaneously, ensuring on-time delivery and within budget
Led a team of engineers and technicians to successfully complete a major infrastructure project
Implemented process improvements to increase efficiency and reduce costs
Collaborated with stakeholders to define project scope, o...
- Q2. What is your skill/KRA fit
- Ans.
My skill/KRA fit is strong in project management, technical expertise, and problem-solving.
Extensive experience in managing complex engineering projects
Strong technical knowledge in relevant engineering disciplines
Proven ability to solve technical challenges and troubleshoot issues
Effective communication and leadership skills
Ability to work collaboratively with cross-functional teams
Track record of delivering projects ...
Interview Preparation Tips
Senior Project Engineer Interview Questions asked at other Companies
Selected
I applied via smartr.me and was interviewed in Nov 2022. There were 2 interview rounds.
(3 Questions)
- Q1. Self Introduction
- Q2. English Language Fluency
- Q3. Email Writing, computer skills
Interview Preparation Tips
- English Typing
- Computer Skills
Associate Interview Questions asked at other Companies
Selected
I applied via Naukri.com and was interviewed before Sep 2023. There was 1 interview round.
(4 Questions)
- Q1. Interested in working every 2nd Saturday?
- Ans.
Open to working every 2nd Saturday for the Senior IT Manager position.
I am open to working every 2nd Saturday as required for the role.
Flexibility in scheduling is important in a managerial position.
Prior experience working on weekends can be beneficial.
Consider discussing any potential compensation or time-off arrangements.
- Q2. Interested in upgrading IT skills further?
- Ans.
Yes, I am always interested in upgrading my IT skills to stay current with the latest technologies and trends.
Regularly attend workshops, seminars, and online courses to learn new skills
Obtain certifications in relevant IT areas such as cloud computing or cybersecurity
Participate in hackathons or coding challenges to practice and improve coding skills
- Q3. Would you be interested in re hiring me?
- Q4. I would really like to rejoin Altisource
Interview Preparation Tips
Altisource Interview FAQs
The duration of Altisource interview process can vary, but typically it takes about less than 2 weeks to complete.
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Altisource Interviews By Designations
- Altisource Intern Interview Questions
- Altisource Analyst Interview Questions
- Altisource Senior Software Engineer Interview Questions
- Altisource Business Analyst Interview Questions
- Altisource Business Technology Associate Interview Questions
- Altisource Data Analyst Interview Questions
- Altisource Software Developer Interview Questions
- Altisource Financial Analyst Interview Questions
- Show more
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Rating in categories
|
Software Engineer
174
salaries
|  ₹3.6 L/yr - ₹9.9 L/yr |
|
Associate
158
salaries
| ₹1.7 L/yr - ₹6 L/yr |
|
Analyst
146
salaries
| ₹2.2 L/yr - ₹7 L/yr |
|
Senior Associate
127
salaries
| ₹2 L/yr - ₹5.5 L/yr |
|
Senior Analyst
114
salaries
| ₹2.5 L/yr - ₹9.8 L/yr |
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