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Accounting Interview Questions
Questions Answers Views Company eMail

What is Deffered Tax?

Ashoka Distillers and Chemicals, Capital IQ,

11 33105

Tell me something about you

3 6471

What is the Difference between Real Accont and Nominal Account?

GE, KPMG,

16 64004

What is meant by Repo Rate and Reverse Repo Rate.

Andhra Bank, Capital IQ, Idbi Bank, Search Enterprises, State Bank Of India SBI, WNS,

28 150314

Discuss the role of cost accounting in managerial decision making?

1 3888

Distinguish between Piece rate and Time rate?

3 20666

Discuss the role of cost accounting in managerial decision making

4 22710

What is the difference between Capital Reserve and Reserve Capital?

Agarwal Associates, Brigade, College School Exams Tests, Firm, Microsoft, TAHDCO,

26 95287

what is the difference between provision for bad debts and reserve for bad debts?

Genpact,

9 38023

what is diffference between retail invoice and tax invoice ?

Octopus,

2 6638

What is the difference between cost accounting and financial accounting?

Dev Steels,

1 9608

how can i(accoutant) file tds,vat,service tax,salestax,business it returns?

Biotavia, GMG, Hot Brands,

2 10672


Explain why retained earnings have an opportunity cost associated?

3485

pls explain the clear difference between Depreciation and Demortization?

HSBC, Syntel,

5 21719


Un-Answered Questions { Accounting }

Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.

2035


Explain the difference between internal audit and external audit?

1157


I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule

2421


How to file the CST return and which form is use.

1780


1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?

1879


I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5919


how many types of practice accounts?

2021


What is communicating

2047


How to raise my credit score if I have 500 credit score?

2028


Why a company or firm should carry out the audit related work.

2896


Define fictitious assets?

1278


In case of new admission of partner what will be the adjustment for the sharing ratios

2090


Expand DPCO

2135


What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?

2593


what is procedure of calculation of TDS by bank?

2087