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Accounting Interview Questions
Questions Answers Views Company eMail

15. Which statement about ADRs is true? a) An ADR is the receipt for the shares of a foreign based corporation held in U.S bank b) ADRs do not trade on U.S exchange c) ADRs give non U.S investors a way to buy non US company shares in the US market. d) The holder of an ADR is entitled to only the dividends for the security

Capital IQ, FactSet Systems, Wells Fargo,

4 13766

16. Eurodollars are best described as =============== a) The new currency of the European Union b) A U.S dollar denominated deposit ….generally in a bank located outside the United States …that is not subject to US banking regulation. c) A currency deposited outside its country of origin d) A foreign..denominated deposit subject to US banking regulations

Capital IQ, Copal Partners, FactSet Systems, Wipro,

5 18335

18. If the real gross domestic product of US has increased, but the production of goods remained the same, then the production of services has; a) Increases b) Decreases c) Remained same d) Would vary

Capital IQ,

5 15256

40. If revenue was $70,000, expenses were $59,000, and the owner’s withdrawals were $25,000, the amount of net income or net loss was: a) net income of $11,000 b) Net income of $36,000 c) Net loss of $59,000 d) Net income of $70,000

Capmark,

3 12231

42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.

Amazon,

2 6630

If my company have only 10 lakhs capital, shall we get the contract amount more than this capital..? or any limit to get the contract price? and is there any relationship between capital amount and contract amount?

2 5540

Is car hire charges attract FBT?

3 7954

are you in need of accounting interview book. pl ask me with your e-mail for free book

Genpact,

48 39771

any change in service tax rate 10.3%?

4 6690

What are non-cash impairment charges?

1 3945

PLEASE ANY BODY TELL WHT IS PRESENT RATES OF TDS AND HOW MANY TAXES ARE THERE PLEASE SEND ME THE ANSWER TO MY EMAIL ADRESS I WAITING FOR UR ANSERS

7 8687

what is the difference between charge & appropriation

Capital IQ,

3 23794

what is treasury stock

Capital IQ,

3 5912

what is Contra Entry?

Capital IQ,

9 15945

what is the difference between cash book and petty cash book?

Spectra Soft,

15 94283


Un-Answered Questions { Accounting }

I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

1906


Expand---------TDCB

1927


How do the standards assist the users of financial report?

2319


which of the following procedure would auditor lease likely perform in planning a financial statement audit?

2221


What is bad debt expense?

1081


credit card expenses entry kisme pass karenge

1416


What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese

2038


What is cash clearing account

1926


Expand---------DEP

1947


are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

2466


An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?

1980


Can u provided all the dues date and depositing date which are used in general manner or Income tax..

1732


VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI

2107


What is calculate of tds

1991


hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

2016