Associate Interview -
The second step is a technical phone interview. It was 30 minutes and covered basic finance and accounting questions. Know how a change in an item (i.e. $10 increase in depreciation) flows through the statements.
-Tell me about a time when you were asked to do something you have never done before.
-How do you review your work?
There were other variations of this same question:
-How does a $10 increase in Sales flow through the three statements, assume constant margins and no change in working capital?
-How does a $10 increase in A/R flow through the statements, assuming constant margins and no change in other working capital accounts?
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