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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1905)
 Accounting General interview questions  Accounting General Interview Questions (2833)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4371)
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
 
what are the basic 3 rules of accounting HSBC 6
What is a ‘ratio’?   1
In a organization what are comes under DEBIT side? Ex" all assets natural position is debit. like   3
What do you mean by "Goods in Transit:   5
what is FBT? Reliance 9
What is the entry for forfeiture of shares? Capital-IQ 6
Give three examples of P/V ratio?   1
What is cash profit? how can we calcute?   13
How to value fixed interest stocks, at year-end?   1
What is the Voucher entry (In Tally) if the Office Expenses of Company A is being made by Company B on behalf of Company A?   4
EXPAND______________IBA   1
EXPAND___________NABARD   1
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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