ABCV & Associates Account Intern Interview Questions and Answers

Q1. Tell me about the time when you did something for the client out of your scope.
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Q1. Tell me about the optimisation you did to increase ctr and cvr of the account
Ans. 
Implemented ad copy testing, keyword optimization, and landing page improvements to increase CTR and CVR.
• Conducted A/B testing on ad copies to identify high-performing messaging

• Optimized keywords to target relevant audience and improve ad relevance

• Made improvements to landing pages to enhance user experience and increase conversions
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Q1. Whats your expected salary
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Employment business to the client confirming

Assignment including ant programs

Correspondence between the company

Clarifies the details of an assignment

Q1. Problem solving
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Q2. Communication about the interview
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Q1. Type of the company
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Q2. Process the data
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Communicate the association

Q1. What is Accounts payable
Ans. 
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable is a liability on the balance sheet

• It represents the amount of money owed by a company to its suppliers or vendors

• It is typically recorded when goods or services are received but payment has not yet been made

• Accounts payable is an important part of a company's working capital man
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Q2. What is Bank reconcilation statment
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Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.
• It is used to identify any discrepancies between the two sets of records.

• It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.

• The goal is to ensure the accuracy of the company's financial records and the bank's records.

• Once discrepancies are identifi...read more
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The assignment involved the analysis the business problem and providing the detailed solution.

The group discussion focused on the topic. The impact of remote on productivity each participant was given two mintues to present the view follow by the open decision..

We were analysis the situation and identify the key issue

Q1. Tell me something about your self
Ans. 
I am a detail-oriented and organized individual with a strong background in accounting and finance.
• Bachelor's degree in Accounting

• Experience with financial reporting and analysis

• Proficient in using accounting software such as QuickBooks

• Strong analytical skills and attention to detail

• Excellent communication and interpersonal skills
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Q2. Why do you want work here
Ans. 
I am passionate about finance and eager to learn from experienced professionals in this industry.
• I am drawn to the company's reputation for excellence in financial management.

• I am excited about the opportunity to work with a talented team and contribute to the company's success.

• I believe this role will provide me with valuable experience and help me grow in my career.
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Q3. What do you see yourself in 5 years
Ans. 
In 5 years, I see myself as a senior Account Assistant, taking on more responsibilities and contributing to the growth of the company.
• Continuing to excel in my role as an Account Assistant

• Taking on leadership roles within the accounting department

• Completing additional certifications or training to enhance my skills

• Contributing to the company's financial success through strategic decision-making

• Mentoring junior staff me
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Q4. Why should we hiring you
Ans. 
I am a detail-oriented and organized individual with a strong background in accounting and a proven track record of accuracy and efficiency.
• I have a Bachelor's degree in Accounting and X years of experience in the field.

• I am proficient in using accounting software such as QuickBooks and Excel.

• I have a strong attention to detail and can ensure accurate financial records.

• I am a team player and can effectively communicate...read more
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Q5. What motivate you at work
Ans. 
I am motivated at work by the opportunity to learn and grow, the satisfaction of completing tasks successfully, and the positive impact I can make on the team and organization.
• Opportunity to learn and grow

• Satisfaction of completing tasks successfully

• Positive impact on team and organization
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Q1. What is bad bebt
Ans. 
Bad debt refers to money owed to a company that is unlikely to be paid by the debtor.
• Bad debt is a financial loss for the company.

• It is usually the result of customers who are unable or unwilling to pay their debts.

• Companies often have to write off bad debts as uncollectible.

• Bad debt can negatively impact a company's financial statements and cash flow.

• Examples include unpaid invoices, defaulted loans, and overdue payme
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Q2. What is accounts
Ans. 
Accounts refer to financial records that track the financial activities of a business or individual.
• Accounts are used to record transactions such as income, expenses, assets, and liabilities.

• They help in analyzing the financial health of an entity and making informed decisions.

• Examples of accounts include cash account, accounts receivable, accounts payable, and equity accounts.
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Q1. Introduction About our self
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I am a dedicated and experienced Executive Accountant with a strong background in financial management and strategic planning.
• I have over 10 years of experience in accounting and finance

• I have a proven track record of successfully managing budgets and financial reporting

• I am skilled in financial analysis and forecasting

• I have a strong understanding of GAAP and financial regulations

• I have excellent communication and lea
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Q2. What is Accounting Types of Accounts
Ans. 
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Accounting involves recording financial transactions of a business.

• Types of accounts include assets, liabilities, equity, revenue, and expenses.

• Assets are resources owned by the business, like cash and inventory.

• Liabilities are obligations of the business, such as loans and accounts payable.

• Equity represen...read more
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Q1. Product customer handling closure
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Q1. All experience questions
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Q1. Process, obsession etc
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Q1. Internship related
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Q2. Golden rules Account
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Q3. What is Reconciliation
Ans. 
Reconciliation is the process of comparing two sets of records to ensure they are in agreement and accurate.
• Reconciliation involves verifying and adjusting differences between two sets of financial records, such as bank statements and accounting records.

• It helps to identify errors, discrepancies, or fraudulent activities.

• Examples include reconciling bank statements with cash book records, credit card statements with ex...read more
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Q4. What is filling in GSTR 1
Ans. 
Filling in GSTR 1 involves reporting outward supplies of goods and services made by a taxpayer.
• GSTR 1 is a monthly or quarterly return that needs to be filed by registered taxpayers.

• It includes details of sales, invoices issued, and tax collected on sales.

• Taxpayers need to report B2B and B2C supplies separately in GSTR 1.

• Errors in GSTR 1 can lead to penalties and compliance issues.

• Example: A company selling goods worth...read more
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Q5. Sales and purchase entry
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