FLDP Interview Questions

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“You sell a product for $1,000 in october. You recieve $500 in october and $500 in november. How do you recognize the sale?”

“You buy machinary for $10,000. It has a useful life of 5yrs and $5,000 salvage value. What is your depreciation expense”

“What would you do with the money that was left over after checking the 10K statement and the income statement?”

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“What primary factors would you look at to determine the amount/percentage of raise to give to the employees?”

“tell me about a time where you had a conflict with someone you were managing and it did NOT have a good outcome? What would you have done differently?”

“What are the 3 financial statements and tell me how one applies to the others”

“Talk about the main financial statements. Which of the statements do you find most important/useful and why?”

“What is a hurdle rate?”

“Why are you interested in the FLD program?”

“How do you use statistics in financial planning?”

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