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Fund accounting Interview Questions

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How far apart is the hour and minute hand a 3:15?

6 Answers

7.5 degrees

360 degrees on the clock. Each number is 360/12 = 30 degrees apart from one another. at 3:15, the minute hand is at 3 while the hour hand is 15/60 = 1/4 away from 3. So (1/4) * 30 = 30/4 = 7 + 2/4 = 7.5 degrees

The previous two answers are incorrect. If it is 3:15, the hour hand and minute hand are in the same orientation. Therefore they would be 0 degrees apart.

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whats the entry for an accrual, how do you reverse the accrual once paid

5 Answers

Question was asked if I could work in a more informal work environment

1 Answer

what do you know about price funding? describe a selling technique you've used in your previous position? what are your strengths and weakness?

1 Answer

Where do you see yourself in 15 years?

1 Answer

After explaining to me how the company works, I was asked if I think I could work in a company like that.

1 Answer

What do you think a hedge fund is?

1 Answer

What would be the P&L entry for the purchase of $100 of Apple stock?

1 Answer

None. It was a sales pitch.

1 Answer

How long have you been standing out there?

1 Answer
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