ACC Analyst Interview Questions and Answers

Q1. What's is debit and credit
Ans. 
Debit and credit are the two sides of every financial transaction. Debit is an entry on the left side, and credit is an entry on the right side.
• Debit represents an increase in assets or a decrease in liabilities or equity.

• Credit represents a decrease in assets or an increase in liabilities or equity.

• Debit and credit must always balance in every transaction.

• For example, when a company purchases inventory with cash, the ...read more
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Q2. What's are Depreciation
Ans. 
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors.
• Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.

• It is calculated based on the useful life of the asset and the method of depreciation chosen.

• Examples of assets that are subject to depreciation include buildings, vehicles, and equipment.

• Depreciation can be straight-l...read more
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Q1. What is difference in empaneled and market place model?
Ans. 
Empaneled model involves a pre-selected group of providers, while marketplace model allows consumers to choose from a wider range of providers.
• Empaneled model restricts choices to a specific group of providers

• Marketplace model offers a wider selection of providers for consumers to choose from

• Empaneled model is common in insurance plans with limited networks

• Marketplace model is commonly seen in online platforms like Ama
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Q1. Questions based on present and past experience, mentioned in resume
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Arithmatics, Reasoning, case studies

Down fall of Nirma. Things to adopt in the challanging situations mainly Decission making.

Supply chain management and quality

Q1. Reson of Change and Relocation
Ans. 
Change and relocation can be driven by career advancement, personal reasons, or seeking new opportunities.
• Career advancement opportunities in a new location

• Personal reasons such as family or lifestyle preferences

• Seeking new challenges and opportunities in a different environment
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Q2. Jnotice period, How to achieve the assigned taskes well in time frame
Ans. 
To achieve assigned tasks well in time frame, focus on time management, prioritization, delegation, and effective communication.
• Prioritize tasks based on deadlines and importance

• Break down tasks into smaller, manageable steps

• Set realistic timelines and deadlines

• Delegate tasks to team members if necessary

• Communicate clearly with team members about expectations and deadlines

• Regularly review progress and make adjustments
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Q1. Final to send the offer letter
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Hospitality management

Q1. Job details, working progress and growth details
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Q2. Details about company package and satisfied work
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Q3. Suitable job Job description team management
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