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Accounting Interview Questions
Questions Answers Views Company eMail

what is the use of gl_interface?

Oracle,

357

what is the specific purpose of assigning balancing segment values to the legal entity in accounting manager setup (as once assigned, the same value is not allowed to be selected for any other legal entity), if this value is usable for the operating unit(s) that does not have this legal entity context?

Oracle,

366

can a flexfield qualifier be changed after it has been created?

Oracle,

394

what is a funding budget? And what is its purpose?

Oracle,

373

what are spot rate, corporate rate, transaction calendar and accounting calendar?

Oracle,

424

will the values that get entered by the user in dff fields be updated to database?

Oracle,

494

can the gl period be closed when there are unposted journals in the period? What error will it give?

Oracle,

426

what is the maximum number of periods allowed in a year while defining gl calendar? Can you two periods in gl calendar overlap?

Oracle,

379

what is planning budget?

Oracle,

380

how to delete a segment value?

Oracle,

376

what are the various type of accounts in gl? And at what point is the type of account identified? And explain the nature of accounts?

Oracle,

358

how many types of budgets are there?

Oracle,

372

what is encumbrance?

Oracle,

381

what are the maximum number of period that can be open in gl?

Oracle,

402

Are these new fields that get created as a result of dff free text?

Oracle,

375


Un-Answered Questions { Accounting }

In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

1883


my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.

1933


Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

2121


What is short term solvency ratio?

1060


what was the rate of duty i have to pay if i want to import 1) lubricants(engine oil, etc) 2) grease 3) v-belts(rubber belts used in machines, cars, etc)

2066


What are time sheets? How are they maintained?

1077


how to filing rt-1

2023


What is the diffrent job&project accounting?

1857


can TDS be deducted(in Jharkhand) from the bill of a supplier who supplies goods from Delhi to Jharkhand taxable @12.5% under jharkhand VAT ACT?Whether Entry tax is also deductible in this case

2784


can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?

2756


what is service tax & excise? How will it be charged?

1072


how to geting finished goods cost with included it's all BOM and all production order cost in sap?

1847


AS PER VAT AUDIT WE HAVE REFUND OF RS.25000/- ON PURCHASE OF FIXED ASSETS WHICH WE DID NOT CLAIM LAST YEAR, NOW WHAT ENTRY SHOULD WE PASS IN BOOK. ITS URGENT

2164


Apply for TDS certificate in bank for rent purpose is wrongly entry as 94C instead of 94I. Is any problem?

1824


We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?

2334