Top Accounting Interview Questions :: ALLInterview.com http://www.allinterview.com Top Accounting Interview Questions en-us what is repo rate? http://www.allinterview.com/showanswers/35535.html The rate at which RBI borrows from the bank What is Sensex? What is Nifty ? Difference between these two http://www.allinterview.com/showanswers/33404.html It is index of share in stock market. GOLDEN RULES OF ACCOUNTING http://www.allinterview.com/showanswers/36567.html REAL ACCOUNTS DEBIT WHAT COMES IN CREDIT WHAT GOES OUT NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES CREDIT ALL INCOMES AND REVENUES PERSONAL ACCOUNTS DEBIT THE GIVER What is TDS http://www.allinterview.com/showanswers/36996.html tds stands for tax deducted at sorce... it is the tax that an assessee has to pay at the time of earning an income.. it is different from tax paid at the time or filing return since it is paid in the previous year itself... what is cash flow and funds flow? Difference between cash and funds http://www.allinterview.com/showanswers/57020.html Cash Flow Statement : Statement showing changes in inflow & outflow of cash during the period. Methods of cash flow:1.Direct Method : presenting information in:Statement of A. operating Activities, B. Investment Activities C.Financial Ac What are the 3 Basic Rules in Accounting. http://www.allinterview.com/showanswers/60550.html Rule 1: Total asset= Total liab + owner's Equity Rule 2: Debit: all exp & loss Credit: all income & gain Rule 3: Total of debit side = Total of credit side what is vat? what is excise? what is form c & d in sales tax? http://www.allinterview.com/showanswers/6538.html VAT is Value Added Tax. It is tax chared by the registered dealer at the time of sale of goods just like Sales Tax. A vat dealer can claim credit of vat on good purchased by him just like excise duty. While Excise is the tax on goods produced but what are concepts and conventions of accounting http://www.allinterview.com/showanswers/35876.html concepts are going concern concept,cost concept,business entity concept. conventions are convention of disclosure,convention of conservatisim What is meant by Repo Rate and Reverse Repo Rate. http://www.allinterview.com/showanswers/60085.html Repo rate is the interest rate at which the reserve bank of India lends mney to other banks. Reverse repo rate is return banks earn on excess funds parked with the central bank against Government securities. what is excise duty, how much rate calculation on manufacturing good http://www.allinterview.com/showanswers/62950.html Exicse duty is the indirect tax levied by the state on the manufacture or production of goods in india.The rate of excise duty was 16.5% before 1April08.From 1stApril,the rate has been changed to 14% what is accounting standard? http://www.allinterview.com/showanswers/69981.html Accounting standerds are the subject of guidlines issued by the Institute of Chartered Accountant of india in respect of financical transactions. HOW MANY ACCOUNTING STANDARDS IN INDIA http://www.allinterview.com/showanswers/36566.html 29 How to Calculate the ESI,PF?it is basic Salary or Gross Salary? http://www.allinterview.com/showanswers/66125.html BASIC SALARY What is TDS ? What is the TDS Rate as per new accounting period 2008 http://www.allinterview.com/showanswers/62855.html TDS fullname is Tax Deduction at Soucre it means where the income accured there it should be deducted its just like advance Tax deductee will take befit of TDS if their income is less than TDS . some rates are given as below its diffrece what is bpo http://www.allinterview.com/showanswers/33481.html business process outsourcing