Interview Questions

USING HOST VARIABLE we can pass data from COBOL to DB2

COMMIT statements are used to release locks which are required for that unit of work, and then permit a new unit of work. In other words, if COMMITS are not coded in the program and the program has been sent for execution, then while processing, in place of just going back to a few inserts since the nearest commit, the program has to go back to the inserts which were made during the entire run of the program. This extra process takes around twice or thrice the time taken normally.

Different types of risk exist in ivesting schemes depending on what you've invested in.

Savings accounts are generally regarded as the least risky investments as in this we just save our wealth for future expenses.

This question is designed to see how well you can mediate a situation and handle conflict. You want to come across as someone who can compromise when necessary. An interviewer wants to see that you can not only reach an outcome that is desirable for both sides of a conflict of interest, but also that you can understand where the other person is coming from. Empathy and understanding go a long way in any job and this is a good opportunity to show that you can put yourself in another’s shoes.

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.

Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.

The objectives & purposes of financial reporting :–

* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.

* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.

* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.

* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.

* Providing information as to how an organization is procuring & using various resources.

* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.

* Providing information to the statutory auditors which in turn facilitates audit.

* Enhancing social welfare by looking into the interest of employees, trade union & Government.

What are your strengths?

Purpose - The question is asked by the interviewer to understand your key selling point and get to know if it is relevant and helpful to handle the responsibilities that the person will handle if hired.

Note - All Most all Interviewers/Hiring people in management who assign tasks and responsibilities feel that a person is productive in work if his strength matches to the responsibilities of the role. So expect this question in most interviews. Also, be aware Strengths give clues on your interest.

Approach - Pick 2 or 3 strengths and give examples for each 1 to demonstrate how you used it in the previous job or in life. You can identify Some of your strengths from below list.
Continuous learning
Problem solving
Multi-tasking
Self learning
Flexible
Team Player
Hard working
Like Challenges
Quick Learner
Self Motivated
Communication, Oral and Written
Process Oriented
Analytical

Pre-work -Understand the job requirement in detail and get to know in advance what are the responsibilities the role you are applying and accordingly pick your strength that is relevant to the role. It would be advantageous to know the problems are issues the company is facing and what was the reason for the opening. You should be prepared for this question. It is one of the most commonly asked interview question.

E.g.: Communication and presentation - Communication and presentation is my strength.
In my previous job, I was given additional responsibilities to present and facilitate project status meetings with executive management and team building activities across departments.

Following guidelines to be following while writing Cobol program:

- Use ? EVALUATE ? statement for constructing cases.

- Use scope terminators for nesting.

- Use in-line Perform statement for writing ?do? constructions.

- Use Test Before and Test After in the Perform statement while writing Do-While statements.