Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

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Accounting Interview Questions

Questions Answers Views Company eMail

What do you understand by transfer income?

1045

What are the basic and additional conditions for resident and ordinarily resident (ror)?

1466

What is the difference between excise & service tax?

1147

What do you understand by dissolution of firm?

1129

If a nri buys property in india, does he has to pay property tax?

1119

Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?

1087

Define the term person?

1106

What do you mean by fair rent?

1197

Define deferred tax liability?

1184

What is permanent account number (pan)?

1151

How will you calculate house rent allowance (hra)?

1084

Who is an assessee?

1202

What are the deductions under salary head? Name the items.

1101

Explain the procedure to calculate provident fund, esi, vat and sales tax.

1165

Define assessment year.

1185

Un-Answered Questions { Accounting }

What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2466

how to reduce the interesting giving to debts ?

2152

What information do you require before you approve an invoice for payment?

1144

Tell me why some asset accounts have a credit balance?

1106

WHAT IS TDS?SHOULD WE FILE TDS TO PURCHASE A THING .SHOULD WE PAY BOTH TDS &TCS FOR THE SAME THING

2020

Describe the proof of cash type of bank reconciliation?

1902

What do you think you do well?

17283

Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

2077

What are the difference between Debit Memorandum and Credit Memorandum?

2068

• What is depreciation and the method?

2065

Short answer on Allowances

1958

does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP

2200

What do you think is a bank reconciliation statement?

1065

Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

2010

Why is it necessary to prepare Asset Disposal Account?

1905

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