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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (159)
 Taxation interview questions  Taxation Interview Questions (1917)
 Accounting General interview questions  Accounting General Interview Questions (2844)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4376)
Question
How to Calculate Turnover?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
gross sales for the year means a turnover 0f the company 
Is This Answer Correct ?    75 Yes 19 No
Vishal Pai Kuchelkar
 
Answer
# 2
turn over will be caluculated on sales generally
turn over is caluculated on gross sales because net sales
include taxes if we deuct tax we get actual sales actual
sale can be treated as gross sale & it can also be treated
as turn over

some times it is caluculated on net sales
eg- sales-sales returns we get net sales
 
Is This Answer Correct ?    50 Yes 14 No
Ravi
 
 
 
Answer
# 3
It depends on what kind of turnover you are asking. If you are asking for a turnover as sales revenue... then it will be the gross sales. Or are you asking for assets turnover, debtors turnover, stock turnover, alot more. Pls specify. 
Is This Answer Correct ?    22 Yes 6 No
Cockster
 
Answer
# 4
Generally we take total of Annual Net Sales 
Is This Answer Correct ?    9 Yes 10 No
Pushpa Mohan
 
Answer
# 5
cost of sales\capital employed 
Is This Answer Correct ?    7 Yes 23 No
Rajesh
 

 
 
 
Other Accounting AllOther Interview Questions
 
  Question Asked @ Answers
 
Define current assets   2
How many methods are there in capital budgeting? what are those. Capital-IQ 5
Expand---------PCDB   1
If we (Company Side) call a engginier (supplier) for Repair & Maintenance & arrange loading & boarding for him, then this loading & Boarding expens will be booked in Repair & Maintenance or Entertainment.   1
BY WHOME THE BANK RECONSILIATION STATEMENT IS PREPARED Capital-IQ 44
Expand----------ACBD   1
EXPAND_________VT   1
what is the use of memmorandam voucher in tally ?   1
definition of "call in arrears"   7
whatis meant by contigent liability IQ 6
even if trial balance matches there could be error explain?   1
What is the need for harmonisation of accounting standards at global level?   2
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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