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Accounting Interview Questions
Questions Answers Views Company eMail

Explain tangible assets?

1114

Explain the different advantages and disadvantages of internal audit?

1081

Explain the importance of internal audit to the organization?

1131

Define vouching?

1075

Explain the importance of evaluating an internal audit department?

1081

Explain the basic principles of an internal audit controlsystem?

1117

Explain what are the different functions of internal audit?

1111

Define decommission liability?

1250

Explain the purpose of meeting in audit?

1188

What are the reasons for getting audited?

1112

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

1500

Payment made to creditors is a

1 1826

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 3364

barwaha

1088

Sir what is IFUSL? Asked in bank loan form

1 3075


Un-Answered Questions { Accounting }

Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

2147


Define deferred tax liability? What items come under deferred tax liability?

1166


as we are having are unit in a area where excise duty is not applicable and on my purchase i am paying excise duty can i take refund of the duty paid by me and what was is procedure? plz. replay to my on my id ngaggarwal@yahoo.com

2056


What is the general entry for charge on bank overdraft

1499


WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM

2118


deffered tax treatment in financial statements

2166


what are the seven accounting rules

2110


Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.

1903


What is mutual fund sub accounting?

1106


Differentiate accounting and auditing?

1131


What is cost accountancy?

1286


Explain me what is general ledger account?

1160


what is difference between account and accounting

1780


Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1991


What does the financial statement of the company include?

1105