Chief Operations Officer Interview Questions

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Arrow Electronics
Entry Level Staff Accountant was asked...February 12, 2012

What is an accrual?

3 Answers

Revenues and expenses are recorded when earned; not received or paid.

An adjustment to either 1) record revenue earned but not yet recorded or 2) record expenses that have been incurred but not yet recorded Less

Is an accounting method

Par Electrical Contractors

Can I balance a high stressed work environment and role being that I was a single mother.

2 Answers

That was an illegal question they asked if it is about your parental, marital, or health status. Less

As long as the company allowed my son to come first in my priorities, I would be able to balance and maintain work and personal life. Less

Henkels & McCoy

They asked a question that was somewhat confusing at the time but made a lot of sense later. They asked how I would deal with monitoring the work done by payroll administrators even as I was not their supervisor but was still responsible for the accuracy and quality of their work. Ironically, this question rang in my ears for a long time--it was definitely a dilemma.

2 Answers

Lacking overall context, this question appears to be taking a long view on the project ... if you're managing budget, tracking tasks and attentive to remaining scope of effort, it would be useful to ensure (minimally) that: - hours worked/paid aligned with estimates - hours worked by groups aligned with delivered work -- is it done, did that element exceed budget - reporting on overall project relative to plan ... in short, does it mirror (quite literally) where you say we should be. In this space, labor is one of the few variable costs ... failing to completely supervise payroll could quickly cause a project to go over budget. Less

That is true and I was happy to do that. The problem did not lie in tracking and managing budgets. The problem dealt with administrators having trouble receiving constructive criticism or being asked to fix their entry errors by someone that was not their supervisor, especially on a weekly basis since books closed weekly. Nonetheless, that was a big part of the job I was paid to do, the accuracy and integrity of the reports was my responsibility. Less

MRINetwork

How do you influence franchise behavior when they think they know the business better than corporate does?

1 Answers

As a licensed State of Florida Master Plumber (21 yrs field experience) and a senior plumbing/fire protection designer for an good size engineering firm (plus a retired Navy Chief Petty Officer), I would take Mr Know-it-All out to a project under construction and have him make a list of comments that he noticed on the plumbing & fire installation as well as any other items engineers are responsible for. Nine out of ten :know-it-all" would flunk my test. Less

Astronautics

What would you do in your first 30-60-90 days?

1 Answers

Briefly evaluate the areas of IT including applications, technology, communication and determine key priorities, then work with the team to develop a road map to achieve the goals Less

ORBA

How do you respond to stress?

1 Answers

drink a coffee

Core Laboratories

How do you deal with difficult people?

1 Answers

It is important to always remain courteous, respectful and friendly when dealing with a difficult person and the goal is to get the work done in a positive environment. Less

Astronautics

why do you want to work here?

1 Answers

Opportunity to identify and implement a list of priorities for a company that has not invested in technology for 25 years. Less

Taco Bell

What accounting softwares do you know? Are you familiar with Mas90? If not, do you think you can learn quickly and be able to come up to speed with our current projects?

1 Answers

No, I am not familiar with any accounting software but I am quick to learn. I have been with different banks and are able to learn the different interent based systems and applications that they have in no time and are able to train the clients effectively on the phone or in person. I can definitely come to up to speed with any projects after given such training. Less

Houzz

How would you go about solving a complex problem that you didn't know how to do?

1 Answers

First, do a research of what are the points that make up the conflict overall. Then how those issues affect the company. Finally, what options you have for solving the problem and which solution will benefit the most. Less

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