| Other Audit Interview Questions |
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| Question | Asked @ | Answers |
| |
| the primary purpose of compliance test is to verify whether? | | 1 |
| What are reasons for giving credit note and sales return to
customers? | | 3 |
| What is the difference between amalgamation, absorption,
liquidation ? Why realisation account is being prepared ? | | 1 |
| EBIDTA | | 4 |
| I Have MBA in Finance and staying at Ameerpet. Please help
me in findinag a best institute to learn tally near to
Ameerpet. | HCL | 4 |
| What are the reasons for debtors outstanding showing as
negative? | IBM | 2 |
| Will it be fine if private Ltd Company do not follow
depreciation rate as per The Companies Act,1956 & follow
Depreciation Rates as per Income Tax. Also is it necessary
to claim VAT Setoff on Asset Capitalised only after some
percentage of retention. | | 1 |
| I 've Tally7.2 in my pc & i have Data from 2005 but my
Auditor wants only data from 2008 -2009
How do i send that years data i means from 2008 -2009 | | 3 |
| which of the following types of risks assumes an absence of
compensating controls in the area being reviewed? | | 1 |
| Who can carry out a charity audit?
| | 2 |
| Why we are prepareing Bank Reconciliation Statements ?
| | 4 |
| cost audit system | | 2 |
| Define Materiality Concept | | 5 |
| what is audit
| | 11 |
| What is your Strenth and waekness & why | Deloitte | 1 |
| what is the accounting | | 5 |
| What is the importance of Stock Audit, Accounting Audit | | 1 |
| Expand---------BPR | Jk-Tyres | 3 |
| Is Taxi bills allowed to claim the LTA? | | 1 |
| Classify the following accounts into Personal Account, Real
Account & Nominal Account.
Questions Answers
1. Furniture Account
2. Salaries Account
3. Outstanding Wages Account
4. National Trading Co. Ltd’s Account
5. Stationery Account
6. Prepaid Insurance Account
7. Capital Account
8. Interest Account
9. Building Account
10. Purchase Account
11. Cash Account
12. Bank Account
13. Sales Account
14. Commission received in Advance Account
15. Discount Account
16. Drawing Account
17. Loan Account
18. Mysore Store’s Account
19. Repairs to Machinery Account
20. Stock Account
21. Investment Account
22. Loose Tools Account
23. Bangalore Sports Club’s Account
24. Loss of Goods by Fire Account
25. Motor Vans Account
26. International Trader’s Account
27. Goodwill Account
28. Depreciation Account
29. Bad Debts Account
30. Bad Debts Recovered Account
31. Bank Overdraft Account
32. Book Debts Account
33. Purchases Returns Account
34. Sales Returns Account
35. Postage Account
36. Charity Account
37. Carriage Account
38. Rent Account
39. National College’s Account
40. Bills receivable Account
41. Bills Payable Account | | 1 |
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