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Accounting Interview Questions
Questions Answers Views Company eMail

Explain tangible assets?

389

Explain the different advantages and disadvantages of internal audit?

421

Explain the importance of internal audit to the organization?

441

Define vouching?

391

Explain the importance of evaluating an internal audit department?

417

Explain the basic principles of an internal audit controlsystem?

434

Explain what are the different functions of internal audit?

419

Define decommission liability?

429

Explain the purpose of meeting in audit?

433

What are the reasons for getting audited?

381

Private purchases amounting to rs 5000 have been debited to purchases account

605

Payment made to creditors is a

1 628

If there are 15 credit purchases during a given month, then there will be ....................... posting from the purchase book at the end of the month

2 1600

barwaha

402

Sir what is IFUSL? Asked in bank loan form

393







Un-Answered Questions { Accounting }

What is the quality of the accountant & rights ? hansika.kk@gmail.com

2320


What is invoice accounting rules?

1092


Give a brief explanation of the fundamental accounting concept of prudence

1387


if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.

1632


Tell me the steps for Import and Export Thanks

1249






what is rules of taxation

1411


Difference Between Revenue & Capital Expenditure (Give an Example of each )

1387


joint venture?

1522


What is pre-paid amount? What is post-paid amount? Explain received in advance? Explain paid in advance?

1465


How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?

1487


You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

1611


what Is the ITc Claimed. how to utilized the ITC.

1350


Define decommission liability?

429


Can you explain the method to disable budgetary control for a set of books.

1


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

1458