Accenture
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I applied via Recruitment Consulltant and was interviewed in Jan 2024. There was 1 interview round.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
The Golden Rule of Debit and Credit: For every debit entry, there must be a corresponding credit entry.
The Golden Rule of Real Accounts: Debit what comes in, credit what goes out.
The Golden Rule of Personal Accounts: Debit the receiver, credit the giver.
The Golden Rule of Nominal Accounts: Debit all expenses and l
I applied via Walk-in and was interviewed in Sep 2024. There were 2 interview rounds.
Journal of depreciation is a record of the decrease in value of an asset over time.
Journal of depreciation is used to track the reduction in value of assets due to wear and tear, obsolescence, or other factors.
It includes entries for depreciation expense and accumulated depreciation.
The journal helps in accurately reflecting the true value of assets on the balance sheet.
Example: A company purchases a machine for $10,00...
SLA stands for Service Level Agreement, which is a contract between a service provider and a customer. Blackline is a cloud-based finance and accounting software platform.
SLA defines the level of service a customer can expect from a service provider, including metrics like response time and resolution time.
Blackline helps automate and streamline the financial close process, improving accuracy and efficiency.
SLA is comm...
I applied via Campus Placement and was interviewed in Apr 2024. There were 3 interview rounds.
Each test carry 30 questions totally 60 question are attended to finish the test
Types of depreciation include straight-line, double declining balance, units of production, and sum-of-the-years-digits.
Straight-line depreciation evenly spreads the cost of an asset over its useful life.
Double declining balance accelerates depreciation in the early years of an asset's life.
Units of production depreciation is based on the actual usage of the asset.
Sum-of-the-years-digits depreciation method takes into ...
Deferred revenue expenditure refers to expenses that are incurred in one accounting period but are recognized as assets and expensed over multiple periods.
Deferred revenue expenditure is recorded as an asset on the balance sheet and gradually expensed over the useful life of the asset.
Examples include expenses incurred for setting up a new business, advertising costs, and expenses related to research and development.
Th...
I applied via Recruitment Consulltant
Accrual is recognition of revenue/expenses when earned/incurred, provision is setting aside funds for future liabilities, BRS is reconciling bank statements.
Accrual involves recognizing revenue or expenses when they are earned or incurred, regardless of when cash is received or paid.
Provision involves setting aside funds to cover future liabilities or expenses that are likely to occur but have not yet been realized.
Ban...
I applied via Company Website
General knowledge, Maths, Resuning
I applied via AmbitionBox and was interviewed in Aug 2023. There were 2 interview rounds.
BACKWARD CODING,RELATIONSHIPS,
NUMBER SERIES,REASONING
I applied via LinkedIn and was interviewed in Sep 2022. There were 4 interview rounds.
I applied via Naukri.com and was interviewed in Aug 2022. There were 2 interview rounds.
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