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ABB Staff Accountant Interview Questions and Answers

Updated 17 Jan 2021

ABB Staff Accountant Interview Experiences

1 interview found

I applied via Referral and was interviewed in Jul 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. LIQUID FUND
  • Q2. BAD DEBTS
  • Q3. WHAT IS ACCOUNT
  • Ans. 

    Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

    • Accounting involves recording financial transactions

    • Transactions are classified into different categories

    • The information is summarized to provide useful insights

    • Examples include balance sheets, income statements, and cash flow statements

  • Answered by AI
  • Q4. WHEN IS GST STARTED
  • Ans. 

    GST started in India on July 1, 2017.

    • GST stands for Goods and Services Tax.

    • It is a comprehensive indirect tax on manufacture, sale, and consumption of goods and services.

    • It replaced multiple indirect taxes like VAT, excise duty, service tax, etc.

    • GST has 4 tax slabs - 5%, 12%, 18%, and 28%.

    • It has simplified the tax structure and made it easier for businesses to comply with tax regulations.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Nice

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. What is deferred revenue?
  • Ans. 

    Deferred revenue is income received by a company in advance of earning it, resulting in a liability on the balance sheet.

    • Deferred revenue represents a liability for the company until the goods or services are delivered.

    • It is common in subscription-based businesses where customers pay upfront for services to be rendered over time.

    • Once the revenue is earned, it is recognized on the income statement.

    • Examples include magaz...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well prepared

Accountant Interview Questions & Answers

Siemens user image Mohammad Hasnain

posted on 28 Oct 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
6-8 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed in Sep 2024. There was 1 interview round.

Round 1 - HR 

(3 Questions)

  • Q1. What is your name
  • Q2. What is your work
  • Q3. Why are you joined this job
Interview experience
1
Bad
Difficulty level
-
Process Duration
Less than 2 weeks
Result
No response

I applied via LinkedIn and was interviewed in Dec 2023. There was 1 interview round.

Round 1 - HR 

(1 Question)

  • Q1. Basic questions about resume

Interview Preparation Tips

Interview preparation tips for other job seekers - The HR called once and I could not reply as I was out, hence we scheduled a call later in the day. Since then she has not being answering my calls and neither calling me. I understand if not selected but basic decency of replying once we have scheduled a call with someone is expected.
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. What is P2P cycle
  • Ans. 

    P2P cycle stands for Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.

    • P2P cycle starts with the requisition of goods or services by a department within a company.

    • The purchase order is then created and sent to the vendor for approval.

    • Upon receiving the goods or services, the invoice is generated and matched with the purchase order and receipt.

    • Finally, payment is made to the vendo...

  • Answered by AI
  • Q2. Po non po invoice difference
  • Ans. 

    PO non-PO invoice difference refers to the distinction between purchase order and non-purchase order invoices.

    • PO invoices are based on a purchase order issued by the buyer to the seller, while non-PO invoices are not linked to a specific purchase order.

    • PO invoices are typically pre-approved and have a set budget, while non-PO invoices may require additional approval processes.

    • PO invoices help track and manage expenses ...

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Mar 2022. There were 3 interview rounds.

Round 1 - Technical 

(1 Question)

  • Q1. Journal entries
Round 2 - Technical 

(1 Question)

  • Q1. Balance sheet reconciliation
Round 3 - HR 

(1 Question)

  • Q1. Salary discussion

I applied via Recruitment Consultant and was interviewed in Mar 2021. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. What is P2P? Golden rules of accounts with examples? What is invoice? What is the Life cycle accounts payable? Difference between accounts and finance?
  • Ans. 

    P2P is Procure-to-Pay, a process of purchasing goods and services and paying for them. Accounts and finance are different but related.

    • Golden rules of accounts are Real, Personal, Nominal, Debit what comes in, Credit what goes out.

    • Examples of Real accounts are land, building, machinery. Personal accounts are accounts of individuals, firms, companies. Nominal accounts are accounts of expenses, losses, gains.

    • An invoice is...

  • Answered by AI
  • Q2. Where you gonna see yourself after 5yrs? What is balance sheet? Etc..
  • Ans. 

    In 5 years, I see myself as a successful Accounts Executive, having gained valuable experience and contributing to the growth of the company.

    • I plan to continue learning and growing in my role as an Accounts Executive

    • I hope to have taken on additional responsibilities and contributed to the success of the company

    • I aim to have built strong relationships with clients and colleagues

    • A balance sheet is a financial statement ...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident that makes you crack your interview ask more about interviewer what he/she gonna do ? Hobbies etc..
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Walk-in and was interviewed before Mar 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - Aptitude Test 

Basic quantitative apptitude and logical reasoning

Round 3 - HR 

(2 Questions)

  • Q1. Describe yourself and whete do you see yourself in 5 yrs
  • Q2. What are your strengths and weakness gow do you overcome them

Interview Preparation Tips

Interview preparation tips for other job seekers - Be calm and answer properly without stammering. Be polite while answering. Listen to their questioj carefully

I applied via Recruitment Consulltant and was interviewed before Oct 2021. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. Work Experience related
Round 3 - Technical 

(1 Question)

  • Q1. Work profile related
Round 4 - HR 

(1 Question)

  • Q1. Salary negotiation and background related question

Interview Preparation Tips

Interview preparation tips for other job seekers - Company culture is too good only drawback is notice period

Interview Questionnaire 

2 Questions

  • Q1. Tell me something about your self?
  • Q2. What about your Experience?

ABB Interview FAQs

What are the top questions asked in ABB Staff Accountant interview?

Some of the top questions asked at the ABB Staff Accountant interview -

  1. WHEN IS GST STAR...read more
  2. WHAT IS ACCO...read more
  3. LIQUID F...read more

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