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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
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 Accounting General interview questions  Accounting General Interview Questions (2810)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4362)
Question
WHAT IS ACCOUNT?
WHAT IS FINANCE? WHAT DO YOU MEAN BY FINANCE AND ACCOUNTS?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Accounting is the art of recording and summerizing
activities of financial transaction or event
Finance related to deals the money from where its come and
spend
 
Is This Answer Correct ?    42 Yes 2 No
Syed Riaz Ahmad Shah
 
Answer
# 2
Account means it shows a statement of debit and credit
Finance means acquiring and utilising of funds in a proper
way.
 
Is This Answer Correct ?    27 Yes 3 No
Praveen Kumar
 
 
 
Answer
# 3
Accounting is the art of recording and summerizing
activities of financial transaction or event
Finance related to deals the money from where its come and
spend
Account means it shows a statement of debit and credit
Finance means acquiring and utilising of funds in a proper
way.
 
Is This Answer Correct ?    17 Yes 1 No
Rashmila
 
Answer
# 4
Accounting is the art of recording and summering activities
of financial transaction or event Finance related to deals
the money shows a statement of debit and credit Finance
means acquiring and utilization of funds in a proper way.
 
Is This Answer Correct ?    10 Yes 1 No
Sunil Mathe
 
Answer
# 5
ACCOUNTS:-its basically the record one keeps for all the
transaction he/she did.....or in simple words it is the
record of credit and debit....

Finance:-it is basically to deal with money that from where
its come and where its spend....
 
Is This Answer Correct ?    4 Yes 0 No
Vibhor
 
Answer
# 6
accouting is art of recording and summerising of all financial trasaction in terms of money.
finance means acquaring,raising and utilising of fnds in proper way.
 
Is This Answer Correct ?    5 Yes 2 No
Anil Singh
 
Answer
# 7
ACCOUNTS:ACCOUNTING MEANS RECORDING,CLASSIFYING AND
SUMMERIZING OF FINANCIAL TRANSACTIONS IN TERMS OF MONEY.



FINANCE:FINANCE MEANS IT DEALS WITH ACQUIRING AND
UTILIZIATION OF FUNDS IN A PROPER MANNER.
 
Is This Answer Correct ?    3 Yes 0 No
Sarayu
 
Answer
# 8
ACCOUNTS:IT MEANS RECORDING,CLASSIFYINGA AND SUMMERIZING OF FINANCIAL TRANSACTIONS IN A SYSTEMATIC MANNER, ' . . .FINANCE:IT MEANS PROVISION OF MONEY,RECURED TO DO ANY THINGS 
Is This Answer Correct ?    1 Yes 0 No
Pinaki Narayan Das
 
Answer
# 9
Accounting is the art of recording and summering activities
of financial transaction or event Finance related to deals
the money shows a statement of debit and credit Finance
means acquiring and utilization of funds in a proper way.
 
Is This Answer Correct ?    1 Yes 0 No
Subramaniyam
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
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What is a dead A/c? Time 2
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance. ABC 1
What Is repo transaction   1
Role played by a financial manager in matter of dividend policy   1
How the Basic salary will be fix for an employee? Infosys 2
fill in the Blanks Recognising revenues when goods sold on credit ________basis of accounting   1
what are accounting principles Accenture 8
Bank reconcliation statement. Franklin-Templeton 11
EXPAND___________LCD   1
libilities accounts come under what type of accounts(under real, nominal or personal) if its nominal, generally nominal will not come in balance sheet, why we shown in balance shhet?   1
EXPAND______________HDTV   1
 
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