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Accounting Interview Questions
Questions Answers Views Company eMail

Define the term material facts in accounting?

1178

Mention the types of accounts involved in double entry book-keeping?

1021

Define trade bills?

1163

Do you have any idea about gst?

1043

What are the accounting events that are frequently involved in compound entries?

1087

Which account is responsible for interest payable?

1 2571

Mention why some asset accounts have a credit balance?

1014

Can you name any other accounting application?

1077

What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1123

How can you define departmental accounting?

1200

In accounting, how do you define the premises?

1198

Differentiate accounting and auditing?

1094

Explain what is accrual accounting?

1001

Define a company's payable cycle?

1175

Define scrap value in accounting?

1092


Un-Answered Questions { Accounting }

For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production

2897


When is a dedit note raised When is an expense booked

2062


Tell us depreciation and its types?

1089


A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?

1844


what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.

1941


how to caluclate the central exicse duty? how to implemting in to tally ERP9?

2001


closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?

1660


what is data entry? what is report generation ?in accounting how it is used .

2232


In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

1611


what is your achievements?

1941


IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?

2062


What is meant by turnover?

1024


whta is the current SBAR? Please provide the past rates from 1st january 2011 to till date.

2311


Short Answer on ______________Import Trade

1862


Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?

3928