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Accrual is an accounting method that recognizes revenues and expenses when they are incurred, not when cash is exchanged.
Accrual accounting aligns income and expenses to the period they occur, providing a more accurate financial picture.
For example, if a service is provided in December but paid for in January, the revenue is recorded in December.
Accruals help businesses comply with accounting standards like GAAP a...
Accruing insurance expenses ensures accurate financial reporting and compliance with accounting principles.
Accrual accounting recognizes expenses when incurred, not when paid.
Journal entry for insurance accrual typically involves a debit to Insurance Expense and a credit to Accrued Liabilities.
Example: If $1,200 insurance premium is due for the year, monthly accrual would be $100.
At year-end, the entry would be: D...
A custodian is an individual or entity responsible for managing and protecting assets or information.
Custodians ensure the safety and integrity of physical or digital assets.
In finance, custodians hold securities for investors, ensuring proper settlement and record-keeping.
In data management, custodians oversee data governance and compliance with regulations.
Example: A bank acts as a custodian for clients' funds a...
A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities, managed by a professional fund manager.
Mutual funds pool money from multiple investors to invest in a diversified portfolio
Investors buy shares of the mutual fund, which represent their ownership in the fund's holdings
Professionally managed by fund managers who make investment decisions on behalf of the i...
FastAPI is a modern, fast web framework for building APIs with Python 3.6+ based on standard Python type hints.
High performance: FastAPI is built on Starlette and Pydantic, making it one of the fastest frameworks available.
Easy to use: It has a simple syntax and automatic generation of interactive API documentation using Swagger UI.
Type safety: Utilizes Python type hints for data validation, which reduces runtime ...
Accounts receivable refers to the money owed to a company by its customers for goods or services provided on credit.
Accounts receivable is an asset on the balance sheet of a company.
It represents the amount of money that customers owe the company for goods or services that have been delivered but not yet paid for.
Companies often have specific terms for when accounts receivable must be paid, such as net 30 or net 6...
Use Python's built-in len() function to count characters in a string.
Use len() function to get the length of the string.
Consider spaces and special characters in the count.
Example: s = 'Hello World', char_count = len(s) = 11.
A basic Java program structure includes class definition, main method, and statements for execution.
1. Class Definition: Every Java program must have at least one class. Example: 'public class MyProgram { }'
2. Main Method: The entry point of any Java application. Example: 'public static void main(String[] args) { }'
3. Statements: Inside the main method, you can write executable statements. Example: 'System.out.pri...
Quick sort is a popular sorting algorithm that uses divide and conquer strategy to sort an array efficiently.
Divide the array into two subarrays based on a pivot element
Recursively sort the subarrays
Combine the sorted subarrays to get the final sorted array
OOP concepts include encapsulation, inheritance, polymorphism, and abstraction, essential for software design.
Encapsulation: Bundling data and methods in a class. Example: A 'Car' class with properties like 'speed' and methods like 'accelerate()'.
Inheritance: Deriving new classes from existing ones. Example: 'ElectricCar' inherits from 'Car', adding features like 'batteryCapacity'.
Polymorphism: Using a single inte...
I applied via Naukri.com and was interviewed in Dec 2022. There were 2 interview rounds.
I appeared for an interview in Jan 2025.
Finance based questions like Mutual funds, SEBI regulations
I applied via Campus Placement
A test that covers all fundamental topics, including networking, object-oriented programming (OOP), and data structures and algorithms (DSA).
I applied via Campus Placement and was interviewed in Oct 2024. There were 3 interview rounds.
First round basic aptitude questions like profit loss,work time etc
OOP concepts include encapsulation, inheritance, polymorphism, and abstraction, essential for software design.
Encapsulation: Bundling data and methods in a class. Example: A 'Car' class with properties like 'speed' and methods like 'accelerate()'.
Inheritance: Deriving new classes from existing ones. Example: 'ElectricCar' inherits from 'Car', adding features like 'batteryCapacity'.
Polymorphism: Using a single interface...
I appeared for an interview in Sep 2024.
I applied via Campus Placement and was interviewed in Aug 2024. There were 3 interview rounds.
1st round was an aptitude test based on all the basic topics of Computer Science like Html,OOPS,DSA etc
Use Python's built-in len() function to count characters in a string.
Use len() function to get the length of the string.
Consider spaces and special characters in the count.
Example: s = 'Hello World', char_count = len(s) = 11.
Simple aptitude questions and it was easy
Consists of 2 coding questions and one is easy and other is medium
I applied via Approached by Company and was interviewed in Sep 2024. There was 1 interview round.
I applied via LinkedIn and was interviewed in Jun 2024. There was 1 interview round.
I applied via Recruitment Consulltant and was interviewed in Apr 2024. There were 4 interview rounds.
Array input in UiPath RE Framework can be processed using arguments and data tables.
Define an In argument in the Main workflow to pass the array as input.
Use a data table to store the array values and pass it to the Process workflow.
Loop through the data table in the Process workflow to access and process each array element.
Use string manipulation to capitalize the first letter of the first word in a string.
Split the string into an array of words
Get the first word from the array
Capitalize the first letter of the word
Join the words back into a string
Types of assets include tangible and intangible assets, financial assets, and fixed and current assets.
Tangible assets (e.g. buildings, machinery)
Intangible assets (e.g. patents, trademarks)
Financial assets (e.g. stocks, bonds)
Fixed assets (e.g. land, equipment)
Current assets (e.g. cash, inventory)
When a queue item is retried, its status changes to In Progress.
Queue item status changes to In Progress when retried
Retried queue items are processed again
Retried queue items may have different processing outcomes
The export option in UiPath Studio is used to package and share automation projects with others.
Exporting a project allows you to create a package that can be shared with other users or deployed to different environments.
Exported packages can include all project files, dependencies, and configurations needed to run the automation on another machine.
Exporting can be done in various formats such as NuGet packages, zip fi...
Web automation is the process of automating tasks on the internet using software tools or scripts.
Web automation involves using tools like Selenium or Puppeteer to interact with websites and perform tasks automatically.
It can be used for tasks such as web scraping, form filling, testing, and data extraction.
Web automation can save time and reduce human error in repetitive tasks.
Examples include automating the process o...
In the last 6 months, I learned advanced coding techniques, improved my project management skills, and gained experience in cloud computing.
Advanced coding techniques such as implementing design patterns and optimizing algorithms
Improved project management skills through leading a team on a complex project
Gained experience in cloud computing by migrating applications to AWS
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The duration of Broadridge Financial Solutions interview process can vary, but typically it takes about less than 2 weeks to complete.
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