Accenture Senior Accounts Receivable Executive Interview Questions and Answers

Q1. Work experience, salary expectation
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Q1. Golden rules of accounting
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.

• For example, when a company receives cash fro...read more
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Q2. Matching concept
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Q3. P to P cycle
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4 rounds of interview. Clearly asked for expectations and reality.

Q1. Why should we consider hiring you?
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Q1. What was the depreciate
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Depreciation is the allocation of the cost of an asset over its useful life.
• Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.

• It is used to spread the cost of an asset over its useful life for accounting purposes.

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

• Example: A company purchases a delivery truck for $50,000 and ...read more
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Q2. What is the AR
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Accounts Receivable (AR) is the balance of money owed to a company by customers for goods or services provided on credit.
• AR represents the amount of money owed to a company by customers

• It is typically recorded as a current asset on the balance sheet

• AR is an important metric for assessing a company's financial health and cash flow

• Examples: Invoices sent to customers for products or services provided, outstanding payment
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General awareness and knowledge

Q1. Skills related questions
Ans. Get certificate of required skills and prepare materials on YouTube can work
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Q2. About last technical assignment
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Q1. Basics in Account Receivable
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Q1. Cv related questions and past experience
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Q1. What are your salary expectations?
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Q2. Share details of your previous job.
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Q3. Tell me about yourself.
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Q1. What is your background experience?
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Q1. Self information, Previous project, Account Receivable, About family, salary details,
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Q1. Self introduction, Account Receivable, golden rule, previous company responsibility
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Q2. Self introduction
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Q3. What is account Receivable
Ans. 
Accounts Receivable is the money owed to a company by its customers for goods or services provided on credit.
• Accounts Receivable represents the amount of money owed to a company by its customers for goods or services provided on credit.

• It is considered an asset on the company's balance sheet.

• The goal of managing accounts receivable is to collect payment from customers in a timely manner to ensure steady cash flow.

• Examp...read more
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Q4. Golden and rules
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