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Cheney Brothers
Safety and Risk Manager was asked...February 10, 2016

Tell me about a time you were aware of an unsafe trend within your company. How did you respond to the situation and what were the results?

1 Answers

I provided an example that described the situation observed, my analysis and the results. Results given were immediate and long term results. As well, I provided the other changes made that were a result from the resolution. Less

KeyBank

"What are the relationship between the three major financial statements"

1 Answers

Starts with the income statement, which brings you to net income. Net income is used to start the statement of retained earnings. Once retained earnings is calculated it is posted to the balance sheet in the equity section of the statement. Net income is also used to start the cash flows statement, which eventually gives you the change in cash flows that is posted in the asset section of the balance sheet. Less

Goldman Sachs

How do you determine the risk profile of a company?

1 Answers

financial statements, cash flows, financial ratios, historic events and company developments Less

Jefferson Wells International

Do you know ERP solutions? If so, what is your experience in implementing and/or auditing them.

Amazon

How did you solve the problem with a customer whose product has not delivered on the expected date which he has ordered for his friend's b'day?

14 Answers

50% cash back in his Amazon wallet. That way that 50% money that he got has to be spent on Amazon itself and Amazon just sold two items instead of one. Less

By giving him a consolation gift which would include specialised wishes from amazon. Less

If possible through amazon policy, we can extend the no. of replacement days that is normally 10 to the days the product got delay +10 or we can provide same day/ next day delivery option free of cost on his next purchase. Less

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TD

How do you get a plastic ball out of a cup without touching the cup.

8 Answers

Fill it with water until it overflows... :)

Fill it with mercury until it overflows...

Using telepathy, push the cup over.

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Goldman Sachs

Brain Teaser: A snail goes up 3 feet during the day and falls 1 foot at night. How long does it take him to go up 10 feet?

6 Answers

It doesn't say how long does it take him to make it ten feet up the wall. It just says, how long does it take for him to move up ten feet. That's 3 1/3 days (assuming equal movement throughout the day). Although he will have moved "up" ten feet, he will have also fallen back and will not be ten feet up the wall. Of course, you can also interpret it as the other answers suggest. Less

4 days and 16 hours 16 hours because by the end of the 4th day, it is 8 feet up on the wall and only needs to climb up 2 feet. Well, assuming that the snail travels 3 feets uniformly throughout the day, then it needs to travel an additional (2/3)*24 = 16 hours for it to climb up that extra 2 feet for it to be at the height of 10 feet. Less

4 days and 8 hours, assuming the day is 12 hours long and the night is 12 hours long. Almost agree with the >4 days answer above, however not quite agree with the (2/3)*24=16 hours part. The snail climbs 3 feet in the day, which would definitely be shorter than 24 hours. If we assume the day means 24/2=12 hours. on the 5th day, the snail took 2/3*12=8 hours to reach 10 feet. So that would be 4 days and 8 hours, assuming the day is 12 hours long and the night is 12 hours long. Less

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J.P. Morgan

What is the angle between the minute and hour hand of a standard clock if the time is currently 3:15

6 Answers

yup... http://brainteaserbible.com/interview-brainteaser-puzzleclock-three-angle Less

yup... http://brainteaserbible.com/interview-brainteaser-puzzleclock-three-angle Less

Acute angle

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Deloitte

WHAT IS YOUR AGE??? - A totally prohibited ground in HR context.

5 Answers

Look at the question: "What is your age?" That's different from "How old are you?" Answer accordingly. Less

I was asked this question by the CEO of a company during my telephonic interview. Even though I didn't ask, told me his age. That just seemed weird and not very professional. This wasn't Deloitte. Less

So many ways to find this information - in a, sort of, sneaky way. Has no-one noticed that now you not only being asked for your degrees but what year you obtained them - easy enough to extrapolate in the majority of cases... Less

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Barclays

Tell me the different ways that you can calculate VaR (Value at Risk).

2 Answers

Typically there are 3 ways in the industry to calculate VaR: 1. Historical (by far the most common, IME) 2. Parametric (not very useful, as returns tend to not be normal, unless you use EVT) 3. Monte Carlo (more often used in fixed income and other credit/debt portfolios than other asset classes) Less

I think I said Monte Carlo, delta, gamma and Black-Scholes.

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