Finance Operations Interview Questions | Glassdoor

# Finance Operations Interview Questions

119

Finance operations interview questions shared by candidates

## Top Interview Questions

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### Executive Assistant to Vice President/Operation and Financial Controller at Par Electrical Contractors was asked...

Apr 14, 2016
 Can I balance a high stressed work environment and role being that I was a single mother. 1 Answer 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.

### Finance Operations Analyst at Google was asked...

Aug 10, 2013
 Pretend 1% of the population has a disease. You have a test that determines if you have that disease, but it's only 80% accurate and 20% of the time you get a false positive, how likely is it you have the disease. 12 Answers 1% divide by reciprocal, multiply by .8% = 1% [1] Fact: 1% of the population has the disease (given) [2] Data: Test is only 80% accurate, and 20% inaccuarate (given): Assume, Population = 10,000 people 1% have the disease = 100 people 99% do not have the disease = 9,900 people Of the 1% who have the disease 80% tested +ve = 80 Of the 99% who don't have the disease 20 tested +ve = 1980 [3] Question: How likely is it that you have the disease? To identify that you have the disease you have to test +ve and actually have the disease = 80 / (80+1980) = 80 / 2060 = 3.88% Show More Responses Its easier if you draw this out in quadrants, Accuracy = 80% = P(Test shows true and having disease) + P (Test showing false and not having disease) Also, we know false positive rate = P(Test shows true but not having disease) = 20% That leaves us with the fact that P(Test being false and person having disease) = 0% Hence likelihood of having the disease is 1% You don't need the test. The answer is given... 1% of the population has the disease... Answer: 1% Very similar question, with a step by step walk through to the solution: http://www.mathsisfun.com/data/probability-false-negatives-positives.html Answer is 3.88% 1% Given: 1. 1% of the population has a disease 2. A test exists to identify disease carriers The questions makes no statement regarding whether or not you have taken the test, the second piece of data has no relevance. You have a 1% chance If you have test positive, how likely is it you have the disease = All sick with positive result / All positive (sick and healthy). All sick with positive result = 1% = (1% x 80%) accurate positive result + (1% x 20%) non accurate but non false positive result. All positive = all sick with positive result + all healthy with positive resultall = 1% + (99% x 20%) = 1% + 19,8% = 20.8% ANSWER = 1% / 20.8% = 5,050505% I thinks this question is ambiguous. If it meant the possibility that you have the disease, then 1%; If it meant the possibility that your test result shows you have the disease, then 1%*80%+99%*20% Sample: 1,000 X=10 P=.8 If the test is only 80% accurate then 8 of the 10 infected will be positive and 2 will walk around unbeknownst, but 20% of the non-infected population will be falsely identified, 1000-10=990 (non-infected) 990*.2=198 (false positive) + 8 (true positive)= 296 (total positive tests) Of this population only 8/296=2.7% were correctly identified. This is the chance you have the disease I think the question is not complete. It should read: "Pretend 1% of the population has a disease. You have a test that determines if you have that disease, but it's only 80% accurate and 20% of the time you get a false positive, how likely is it you have the disease "if you got tested positive. " Use four quadrants method and imagine total number of people = 1000 + Tested -Tested ------------------- ----------------------------------------------------------------- D | 80% of 10 = 8 | 10 - 2 = 8 | 10 ND | 20 % of 990 = 199 | 990 - 199 = 791 | 990 ---------------------------------------------------------------------------------------- | 207 | | 1000 So if one is tested +, they are in first column. Total of which is 207. However only 8 of them actually have disease. So probability that test came out + and the person has disease will be 8/207% = 3.865 ~ 3.7% 1%. The first sentence gives you all the info you need.

### Associate, Finance Operations at Sapient Global Markets was asked...

Nov 9, 2015
 Can you explain the Internet to an 8-year old in three sentences? 1 Answer I broke down this using the what, how, & why solutions. What: The Internet is a series of tubes How: The tubes connect information that is stored on computers throughout the world. Why: It helps people to access global information quickly and easily.

### Operations/Finance at Tableau Software was asked...

Jan 2, 2012
 Finance processes 1 Answer Substantive answers

### Operations Finance Internship at Disney Parks & Resorts was asked...

Mar 21, 2010
 why operations finance 1 Answer you want a carreer in finance, and want to learn about the budgeting process as it related to a large, world-class organisation.

### Operations Finance Internship at Disney Parks & Resorts was asked...

Mar 21, 2010
 How good are you with Excel 1 Answer Let them know that you understand lookups, dsums, can write macros, etc.

### Finance, Accounting, Operations Rotational Program (ACCESS) at Texas Instruments was asked...

Dec 18, 2012
 What does it mean for a company to have high payables? What does it mean if operating profit is increasing, but revenues are decreasing? Why did you choose accounting? 1 Answer Know all your accounts and the effects they have on each other.

### Finance Operations Manager at Verizon was asked...

Apr 10, 2015
 Discuss previous roles 1 Answer Yes

### Executive Assistant - Chief Operating Officer/Chief Financial Officer at YETI Coolers was asked...

Jan 18, 2014
 The questions weren't difficult or unexpected. The biggest issue facing the two C-levels was travel. They wanted to know how I would best handle international and domestic travel situations (like missing flights, canceled flights, etc.). 1 Answer Overall, the experience was somewhat challenging. Neither of the two C-levels who needed a support person/assistant had previously had an assistant. The company basically used the CEO's assistant for everything/anything they needed. The point being that they weren't really sure what they wanted from their soon-to-be-hired EA except to manage travel - which was a very big deal. The guys seemed very nice but too busy to pay attention to the interview process. One gentleman was texting and checking his phone, and the other seemed distracted generally which made me feel like I had to keep talking to keep the interview moving. About 15 minutes into the interview one of the C's stood, apologized, and left abruptly. He seemed very busy and didn't have much time for the interview process. They were very nice, but I didn't feel the chemistry that would lead to a positive work experience. I'm sure they found someone awesome to fill this support role.

### Finance and Operations Director at Belcorp was asked...

Mar 28, 2012
 C-level execs spoke in Spanish to me. 1 Answer Just excused myself for not understanding what they were saying.
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