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It helpful to prepare your CPA exam or interview. In your interview you will receive not only from your working department, you may interview some other neighboring departments also. The residual value is the value that any asset holds after its estimated life time. Sometimes focusing advanced technologies and machinery ideas help you be hired. 64) Entries to revenues accounts such as Service Revenues are usually? Entries to revenues accounts such as Service Revenues usually goes into credit side. 46) Differentiate between provision and reserve? Provisions are the liabilities or the anticipated items such as depreciation. Shortly I will publish explained articles about your requested topics.
Home Latest Articles Quiz Jobs Contact Latest ArticlesYou are here: Home / Latest Articles / Banking & Finance / Top 88 Accounting Interview Questions Top 88 Accounting Interview Questions last updated August 27, 2016/4 Comments/in Banking & Finance /by admin 1) Why did you select accounting as your profession? Well, I was quite good in accounting throughout but in my masters, when I got distinction I decided to adopt this field as a profession. 34) Have you ever prepared MIS reports and what are these? Yes, I have prepared few MIS reports during my previous jobs. Your answers are highlighted below. 12) Do you think there is any difference between inactive and dormant accounts? Yes, both are different terms in accounting. 14) How can you define departmental accounting? It is a type of accounting in which separate account is created for departments. 43) Define Scrap value in accounting? It is the residual value of an asset. 41) Define balancing in accounting? Balancing means to equate both sides of the T-account i.e. What are the accounting concepts? Differentiate between commerce trade and business? What is costing? What are types of cost? Principles of costing? What is CENVAT? Professional tax? What is Differentiate between excise and customs duty? What is the difference between the Management and cost accounting? What are difference between capital and revenue expenses? What is fixed variable and semi-variable costs? What is Single entry? What is zero base budgeting? What is working capital? Why it is important? What is operating profit? What is difference between Liquidity and Profitability? What is Gross profit and Net profit? What is accounts payable cycle? What is accounts receivable cycle? What is working or operating cycle? What is the difference between trade discount and rebate & discount? What is internal rate of return? What is net present value? What is mean by time value of money? Tips for Interview: Accounting Questions and Answers Accounting and finance interview questions are like a hot cake for most of the candidates. 2 Replies 1 File Profile of accounts managerHello friends: i am giving an interview for accounts manager can anybody help me what should be the profile of .
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