Fortrea Development India Private Limited Senior Statistical Programmer Interview Questions and Answers

Journal entries for accruals

• Accruals are used to record expenses or revenues that have been incurred but not yet paid or received.

• Accrued expenses are recorded with a debit to the expense account and a credit to the accrued liability account.

• Accrued revenues are recorded with a debit to the accrued asset account and a credit to the revenue account.

• Example of an accrued expense: Accrued salaries payable - Debit Salaries...read more

In my previous roles, I managed teams, streamlined processes, and drove projects to successful completion, enhancing overall efficiency.

• Led a team of 10 in a project that improved customer satisfaction by 20% through enhanced service protocols.

• Implemented a new inventory management system that reduced costs by 15% and improved order accuracy.

• Conducted regular training sessions for staff, resulting in a 30% increase in ...read more

Deviation refers to the difference between the actual and expected or planned outcome.

• It is a measure of how far something is from the norm or standard.

• It can be positive or negative depending on whether the actual outcome is better or worse than expected.

• Examples include financial deviation, production deviation, and quality deviation.

• Deviation can be calculated using statistical methods such as standard deviation or ...read more