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Tech Mahindra Business Associate Interview Questions and Answers
10 Interview questions
Prepaid entries are advance payments made for goods or services that are yet to be received or consumed.
Prepaid entries are recorded as assets on a company's balance sheet.
They represent future economic benefits that the company expects to receive.
Examples of prepaid entries include prepaid rent, prepaid insurance, and prepaid subscriptions.
These entries are initially recorded as a debit to the prepaid asset accou...
Provision is an amount set aside for future expenses or losses.
Provision is a financial term used to allocate funds for anticipated future expenses or losses.
It is a reserve that is created to cover potential liabilities or risks.
Provisions are typically made based on estimates and are recorded as expenses on the balance sheet.
Examples of provisions include bad debt provision, warranty provision, and legal provisi...
A pivot table is a data summarization tool used in spreadsheet programs to organize and analyze large amounts of data.
A pivot table allows users to rearrange and summarize data from a spreadsheet or database table.
It helps in analyzing data by providing a way to group, sort, filter, and calculate data based on different criteria.
Pivot tables are commonly used in data analysis, business intelligence, and reporting.
...
Vlookup is a function in Excel used to search for a value in a table and return a corresponding value from another column.
Vlookup stands for 'vertical lookup'.
It is commonly used to find and retrieve data from large datasets.
The function requires four arguments: lookup value, table array, column index number, and range lookup.
Vlookup can be used to perform approximate or exact matches.
It is often used for tasks li...
What people are saying about Tech Mahindra
I am fluent in English and Spanish.
Fluent in English and Spanish
Can communicate effectively in both languages
Have experience working in bilingual environments
Revenue recognition involves 5 steps to properly account for revenue in financial statements.
Identify the contract with the customer
Identify the performance obligations in the contract
Determine the transaction price
Allocate the transaction price to the performance obligations
Recognize revenue as the performance obligations are satisfied
Revenue recognition under IND AS 115 involves 5 steps to determine when and how revenue should be recognized.
Identify the contract with the customer
Identify the performance obligations in the contract
Determine the transaction price
Allocate the transaction price to the performance obligations
Recognize revenue as the performance obligations are satisfied
PTP process in SAP involves the end-to-end procurement process from requisition to payment.
PTP stands for Procure-to-Pay.
It includes activities like requisitioning, sourcing, purchasing, receiving, and payment.
In SAP, PTP process starts with creating a purchase requisition.
The requisition is then converted into a purchase order.
Goods or services are received and verified against the purchase order.
Invoices are mat...
Different sourcing strategies involve various methods of procuring goods or services to meet business needs.
Outsourcing: Hiring external vendors to provide goods or services.
Insourcing: Utilizing internal resources to fulfill business needs.
Offshoring: Moving business operations to a different country for cost savings.
Nearshoring: Outsourcing to a nearby country for easier communication and collaboration.
Crowdsour...
HR technologies include HRIS, ATS, LMS, and AI-powered tools.
HRIS (Human Resource Information System) for managing employee data
ATS (Applicant Tracking System) for recruitment and hiring
LMS (Learning Management System) for employee training and development
AI-powered tools for automating HR processes and improving decision-making
Other technologies like video interviewing, employee engagement platforms, and performa...
Tech Mahindra Business Associate Interview Experiences
16 interviews found
Arbind Kumar Singh
I applied via Company Website and was interviewed in Aug 2024. There were 2 interview rounds.
Gear box replacement work
(6 Questions)
- Q1. Barring checking and saving greasing work and safety first and paper work and walked away clean and fresh and try out and blumber block top cover open and old barring slue remove and new barring slue repla...
- Q2. Motor replacement work and safety first and paper work and walked away clean and fresh and try out and bolt nut open and old motor remove and new motor replace and bolt nut tightening sure and dayal guage ...
- Q3. Discharge chute replacement work and safety first and paper work and walked away clean and fresh and try out and bolt nut open and old discharge chute remove and new discharge chute replace and bolt nut ti...
- Q4. Conveyor belt roller replacement work and safety first and paper work and walked away clean and fresh and try out and fream number mark and cut roller remove and shifting and walked away clean and fresh an...
- Q5. Gear box replacement work and safety first and paper work and safety first and try out and walked away clean and fresh and bolts nut open and old gear box remove and new gear box replace and bolt nut tight...
- Q6. Conveyor belt all' pully greasing and saving work and safety first and paper work and walked away clean and fresh and all pully checking and saving greasing and saving and greasing gun and all pully greasi...
Interview Preparation Tips
D.Karuna Sri
Selected
I applied via Naukri.com and was interviewed in Aug 2023. There were 3 interview rounds.
(3 Questions)
- Q1. What is provision?
- Ans.
Provision is an amount set aside for future expenses or losses.
Provision is a financial term used to allocate funds for anticipated future expenses or losses.
It is a reserve that is created to cover potential liabilities or risks.
Provisions are typically made based on estimates and are recorded as expenses on the balance sheet.
Examples of provisions include bad debt provision, warranty provision, and legal provision.
Pr...
- Q2. What is prepaid entries?
- Ans.
Prepaid entries are advance payments made for goods or services that are yet to be received or consumed.
Prepaid entries are recorded as assets on a company's balance sheet.
They represent future economic benefits that the company expects to receive.
Examples of prepaid entries include prepaid rent, prepaid insurance, and prepaid subscriptions.
These entries are initially recorded as a debit to the prepaid asset account an...
- Q3. Describe procure to pay process?
- Ans.
Procure to pay process is a series of steps involved in purchasing goods or services, from identifying the need to making payment.
Identify the need for goods or services
Create a purchase requisition
Obtain necessary approvals
Select and negotiate with suppliers
Create a purchase order
Receive goods or services
Verify and approve invoices
Make payment to suppliers
(4 Questions)
- Q1. What is Vlookup?
- Ans.
Vlookup is a function in Excel used to search for a value in a table and return a corresponding value from another column.
Vlookup stands for 'vertical lookup'.
It is commonly used to find and retrieve data from large datasets.
The function requires four arguments: lookup value, table array, column index number, and range lookup.
Vlookup can be used to perform approximate or exact matches.
It is often used for tasks like me...
- Q2. What is pivot table?
- Ans.
A pivot table is a data summarization tool used in spreadsheet programs to organize and analyze large amounts of data.
A pivot table allows users to rearrange and summarize data from a spreadsheet or database table.
It helps in analyzing data by providing a way to group, sort, filter, and calculate data based on different criteria.
Pivot tables are commonly used in data analysis, business intelligence, and reporting.
They ...
- Q3. About SAP T codes?
- Q4. PTP process in SAP
- Ans.
PTP process in SAP involves the end-to-end procurement process from requisition to payment.
PTP stands for Procure-to-Pay.
It includes activities like requisitioning, sourcing, purchasing, receiving, and payment.
In SAP, PTP process starts with creating a purchase requisition.
The requisition is then converted into a purchase order.
Goods or services are received and verified against the purchase order.
Invoices are matched ...
(2 Questions)
- Q1. Reason for changing the company?
- Q2. What are your experiences?
Interview Preparation Tips
- About my previous experience
- Ms Excel
- PTP
Skills evaluated in this interview
Selected
Quantitative, Logical reasoning
(1 Question)
- Q1. Basic About the Specialization and subject area
(1 Question)
- Q1. About the education background
Interview Preparation Tips
Arun Showry
(1 Question)
- Q1. Questions about project mentioned in the resume ? and cross questioning
Interview Preparation Tips
(1 Question)
- Q1. Basic business analyst question and it was basic
Selected
I applied via Approached by Company and was interviewed in Apr 2023. There were 2 interview rounds.
(4 Questions)
- Q1. Where is your location?
- Q2. Can you join with one week?
- Q3. What language you know?
- Ans.
I am fluent in English and Spanish.
Fluent in English and Spanish
Can communicate effectively in both languages
Have experience working in bilingual environments
- Q4. Can you do rotation shift as per business requirements?
Interview Preparation Tips
Selected
I appeared for an interview before Feb 2024.
(2 Questions)
- Q1. Career aspirations
- Q2. Goals and motives
- Ans.
My goal is to contribute to the growth and success of the company by utilizing my skills and knowledge in business development.
My main motive is to drive revenue and increase profitability for the organization.
I aim to build strong relationships with clients and partners to foster long-term partnerships.
I strive to identify new business opportunities and develop strategies to capitalize on them.
I am motivated by the ch...
Selected
I applied via Referral and was interviewed in Jun 2022. There were 4 interview rounds.
(2 Questions)
- Q1. Tell me about yourself
- Q2. What is your job profile
(2 Questions)
- Q1. Tell me about yourself
- Q2. Payment negotiation and discussion of company policies
(1 Question)
- Q1. Payment finalized with HR team and acceptance
Interview Preparation Tips
Selected
I appeared for an interview before Mar 2024, where I was asked the following questions.
- Q1. What are your prospects for the near future?
- Ans.
I aim to enhance my skills in business analysis and contribute to impactful projects while pursuing growth opportunities.
Pursuing certifications like CBAP to deepen my analytical skills.
Seeking mentorship from experienced professionals in the field.
Engaging in networking events to connect with industry leaders.
Exploring opportunities in emerging technologies like AI and data analytics.
- Q2. What are the reasons for leaving your previous employer?
- Ans.
I left my previous employer to seek new challenges, professional growth, and a better alignment with my career goals.
Desire for professional growth: I wanted to take on more responsibilities and advance my career.
Seeking new challenges: I felt that I had reached a plateau in my role and was looking for new opportunities to learn.
Cultural fit: I was seeking a work environment that aligned more closely with my values and...
Bharath Kumar
Selected
I applied via Company Website and was interviewed before Mar 2023. There were 2 interview rounds.
(4 Questions)
- Q1. Revenue recognition IND AS 115 Steps
- Ans.
Revenue recognition under IND AS 115 involves 5 steps to determine when and how revenue should be recognized.
Identify the contract with the customer
Identify the performance obligations in the contract
Determine the transaction price
Allocate the transaction price to the performance obligations
Recognize revenue as the performance obligations are satisfied
- Q2. 5 Steps in Revenue recognition
- Ans.
Revenue recognition involves 5 steps to properly account for revenue in financial statements.
Identify the contract with the customer
Identify the performance obligations in the contract
Determine the transaction price
Allocate the transaction price to the performance obligations
Recognize revenue as the performance obligations are satisfied
- Q3. Why you are shifting the role
- Q4. For the opportunities in finance and accounts
(2 Questions)
- Q1. Salary negotiation
- Q2. Can negotiate with the maximum salary that they can offer
Interview Preparation Tips
In My case it was IND AS 115 and general questions
Tech Mahindra Interview FAQs
The duration of Tech Mahindra Business Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
Tell us how to improve this page.
Tech Mahindra Interviews By Designations
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- Tech Mahindra Associate Software Engineer Interview Questions
- Tech Mahindra Customer Service Executive Interview Questions
- Tech Mahindra Customer Care Executive Interview Questions
- Tech Mahindra Software Developer Interview Questions
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Interview Questions for Popular Designations
Overall Interview Experience Rating
based on 16 interview experiences
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Tech Mahindra Business Associate Reviews and Ratings
based on 140 reviews
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