Accenture Banking Operations Associate Interview Questions and Answers

Quants , logical and verbal

Q1. Tell me about yorself
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Q1. What is depreciation
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Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of the asset.

• Common methods of calculating depreciation include straight-line, double-declining balance, and units of production.

• Example: A company purchases a delivery truck for $50,000 with ...read more
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Q2. What is Balance sheet
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Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• Balance sheet provides a snapshot of a company's financial position.

• It consists of assets (what the company owns), liabilities (what the company owes), and shareholders' equity (the difference between assets and liabilities).

• The balance sheet equation is: Assets = Liabilities + Shareho...read more
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Q1. What are basic journal entries in accounting?
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Q2. What is a commercial bank, and what are five important ratios used in the commercial lending process?
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Q1. Tell me about yourself
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Arrays and Function

Q1. Salary Expectations
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