Accenture Interview Questions, Process, and Tips

-Basic Accounting questions like simple journals , Accounting principles and concepts.
-Basic Excel tasks like questions (commonly used simple formulas ,chart preparation, pivot tables
etc,)
-Email writing.
-Simple Aptitude and Logical Reasoning questions.
Prepare well and try to attend maximum questions with better accuracy. Overall aptitude test is simple.

Q1. Tell me About Yourself
Ans. 
I am a detail-oriented professional with experience in R2R processes and a strong focus on accuracy and efficiency.
• Experienced in reconciling accounts and preparing financial statements

• Proficient in using accounting software such as SAP and Oracle

• Strong analytical skills and ability to identify and resolve discrepancies

• Excellent communication skills and ability to work effectively in a team

• Bachelor's degree in Accounti
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Q2. What is an Accrual Concept
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Accrual concept refers to recognizing revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual concept is a fundamental accounting principle that states that revenues and expenses should be recognized when they are incurred, not when cash is exchanged.

• This concept helps in providing a more accurate representation of a company's financial position and performance.

• For example, if a compa...read more
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Q3. Difference between Deferral and Accrual accounting
Ans. 
Deferral accounting recognizes revenue or expenses when they are earned or incurred, while accrual accounting recognizes revenue or expenses when they are realized or incurred.
• Deferral accounting involves postponing the recognition of revenue or expenses until a later period.

• Accrual accounting involves recognizing revenue or expenses when they are incurred, regardless of when cash is exchanged.

• Deferral accounting is co...read more
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Q4. Journal entries for Accrual and Deferral transactions
Ans. 
Accrual and deferral transactions involve recording revenues or expenses before or after they are actually earned or incurred.
• Accrual transactions involve recording revenues or expenses before they are actually earned or incurred

• Deferral transactions involve recording revenues or expenses after they are actually earned or incurred

• Examples of accrual transactions include recognizing revenue for services provided but not...read more
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Q5. What is a Bank Reconciliation and how to process it
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Bank reconciliation is the process of comparing a company's records with those of the bank to ensure they match.
• Gather bank statements and company records

• Compare deposits, withdrawals, and fees on both sets of records

• Identify and resolve any discrepancies

• Adjust the company's records to match the bank's records

• Prepare a bank reconciliation statement to document the process

• Example: If the company recorded a deposit of $5...read more
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Q6. Difference between Depreciation and Amortization
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Depreciation is the allocation of the cost of tangible assets over their useful life, while amortization is the allocation of the cost of intangible assets over their useful life.
• Depreciation applies to tangible assets like buildings, machinery, and vehicles, while amortization applies to intangible assets like patents, copyrights, and trademarks.

• Depreciation is usually calculated using methods like straight-line, doub...read more
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Q7. Difference between Provisions and Contingent
Ans. 
Provisions are liabilities that are certain to occur, while contingencies are potential liabilities that may or may not occur.
• Provisions are recognized when the amount is known with reasonable certainty, while contingencies are disclosed in the financial statements as a footnote.

• Provisions are measured at the best estimate of the amount required to settle the obligation, while contingencies are disclosed if the outcome...read more
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Q8. Bad debts journal entries
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Q9. Other normal questions based on Resume like internships and educational qualifications and about year gap ; And also availability to WFO and to work in any shifts.
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Q1. Can you provide a self-introduction?
Ans. 
I am a detail-oriented Sourcing Analyst with a strong background in procurement and vendor management.
• Over 5 years of experience in strategic sourcing and contract negotiation

• Proficient in analyzing market trends and supplier performance

• Skilled in cost reduction strategies and supplier relationship management
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Q2. Could you provide details about your work experience?
Ans. 
I have 5 years of experience as a Sourcing Analyst in the retail industry.
• Managed vendor relationships and negotiated contracts

• Analyzed market trends and pricing to make strategic sourcing decisions

• Implemented cost-saving initiatives resulting in a 10% reduction in procurement costs

• Collaborated with cross-functional teams to ensure supply chain efficiency
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Q3. What is the P2P (Procure to Pay) cycle?
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The P2P cycle refers to the process of procuring goods or services, receiving them, and paying for them.
• The cycle starts with identifying the need for a product or service and creating a purchase requisition.

• Next, the purchase requisition is approved and converted into a purchase order.

• The supplier delivers the goods or services, which are then received and inspected by the buyer.

• Once the goods/services are accepted, a...read more
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Q1. Can you provide a self-introduction?
Ans. 
I am a detail-oriented Sourcing Analyst with a strong background in procurement and supplier management.
• Experienced in analyzing supplier performance and negotiating contracts

• Skilled in identifying cost-saving opportunities and improving supply chain efficiency

• Proficient in using sourcing tools and software such as SAP Ariba

• Strong communication and interpersonal skills for building relationships with suppliers
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Q1. Salary expectation
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Q1. Circular wait Ans A circular chain with two or more processes, each one waiting for a resource held by the next process within the chain
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Q2. Hold and wait Ans A process must be holding at least one resource while waiting to acquire additional resources held by other process holding them
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Q1. The phrase 'lavish with his hospitality' in the third sentence of the first paragraph means Ans Extravagance in entertaining guest
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Q2. What is an Accenture coding Test Ans The Accenture coding Test but not like the one in the first stage,its much lengthier and more comprehensive.
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Q1. Tell me about yourself
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Q2. Expected CTC
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Q3. Why you left your previous company (Negative answers should be avoided)
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Q1. Questions based on the concepts of payroll
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Q2. Expected CTC
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Q3. Discussion regards to Shift timings, Cab facility, Annual leaves, Variable bonus, Relocate bonus.
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Q1. Regards to Payroll questions on what I did on daily basis.
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Q1. Asked question regarding basics of accounting and finance.
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Q2. What is debit note and credit note.
Ans. 
Debit note is a document issued by a buyer to a seller to request a credit for overpayment or return of goods. Credit note is a document issued by a seller to a buyer to reduce the amount owed due to overpayment or return of goods.
• Debit note is issued by the buyer to request a credit from the seller.

• Credit note is issued by the seller to reduce the amount owed by the buyer.

• Debit note is used when there is an overpaymen...read more
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Q3. What is the matching principles
Ans. 
Matching principle is an accounting concept that requires expenses to be matched with revenues in the period they are incurred.
• Expenses should be recorded in the same period as the revenues they helped generate.

• It ensures accurate financial reporting by showing the true cost of generating revenue.

• Example: If a company sells products in January, the cost of goods sold for those products should also be recorded in Januar...read more
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Q4. What do you understand by sublegder
Ans. 
A subledger is a detailed record of transactions that feed into the general ledger.
• Subledgers provide more detailed information on specific accounts or categories.

• They help in tracking individual transactions before they are summarized in the general ledger.

• Examples include accounts receivable subledger, accounts payable subledger, and inventory subledger.
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Q5. What is the bank reconciliation statement
Ans. 
Bank reconciliation statement is a document that compares the bank's records with the company's records of its bank account.
• It is used to ensure the accuracy of the company's financial records.

• It lists out any discrepancies between the two sets of records, such as outstanding checks or deposits in transit.

• The goal is to reconcile the balance per the company's records with the balance per the bank's records.

• It helps in ...read more
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Q1. What is a polymorphism?
Ans. 
Polymorphism is the ability of a single function or method to operate on different data types.
• Allows objects of different classes to be treated as objects of a common superclass.

• Can be achieved through method overloading or method overriding.

• Example: Animal class with methods eat() and sleep(), and subclasses like Dog and Cat that override these methods.
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Q2. Can you explain difference between == and euqals()?
Ans. 
The == operator checks for equality of values, while the equals() method checks for equality of objects.
• The == operator compares the values of two objects, while the equals() method compares the objects themselves.

• The == operator is used for primitive data types, while the equals() method is used for objects.

• Example: int a = 5; int b = 5; a == b will return true, but a.equals(b) will not work as int is a primitive data
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Q3. What is dependency inversion?
Ans. 
Dependency inversion is a design principle where high-level modules should not depend on low-level modules, but both should depend on abstractions.
• High-level modules should not depend on low-level modules, both should depend on abstractions

• Abstractions should not depend on details, details should depend on abstractions

• Inversion of control containers like Spring Framework in Java implement dependency inversion
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Q4. Can you explain ACID?
Ans. 
ACID is a set of properties that guarantee database transactions are processed reliably.
• ACID stands for Atomicity, Consistency, Isolation, Durability

• Atomicity ensures that all operations in a transaction are completed successfully or none at all

• Consistency ensures that the database remains in a valid state before and after the transaction

• Isolation ensures that multiple transactions can occur concurrently without affect...read more
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Q5. Please tell me about isolation levels
Ans. 
Isolation levels in databases determine how transactions interact with each other.
• Isolation levels define the degree to which one transaction must be isolated from the effects of other transactions.

• Common isolation levels include READ UNCOMMITTED, READ COMMITTED, REPEATABLE READ, and SERIALIZABLE.

• Higher isolation levels provide more data consistency but may impact performance.

• For example, in READ COMMITTED isolation le...read more
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Q1. How many years of experience you have in CRM and how did you reach this stage on dynamics CRM?
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Q2. What other CRMs are you aware about.
Ans. 
Some other CRMs include Salesforce, Microsoft Dynamics, and Zoho CRM.
• Salesforce is a popular CRM used by many companies for sales and marketing purposes.

• Microsoft Dynamics is known for its integration with other Microsoft products and its customization options.

• Zoho CRM is a cloud-based CRM solution that offers a wide range of features for managing customer relationships.
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Q3. Are you comfortable with Marketing CRM capabilities? Have you built any give examples.
Ans. 
Yes, I am comfortable with Marketing CRM capabilities and have experience in building and utilizing them.
• I have experience in implementing and customizing Marketing CRM systems to meet business needs.

• I have utilized Marketing CRM capabilities to track customer interactions, manage campaigns, and analyze data for insights.

• I have integrated Marketing CRM with other systems to streamline processes and improve efficiency.

• O...read more
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Q4. Difference between Plugin and Workflow
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Plugins are custom code that can be added to extend functionality, while workflows are automated processes that can be triggered by events.
• Plugins are custom code that can be added to extend the functionality of a system.

• Workflows are automated processes that can be triggered by events in a system.

• Plugins can be used to add new features or customize existing ones.

• Workflows can automate repetitive tasks and streamline p...read more
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Q5. Difference between Canvas App and Model Driven Apps? Have you integrated any with CRM using customisation
Ans. 
Canvas Apps are highly customizable and visually rich, while Model Driven Apps are more structured and data-driven. Both can be integrated with CRM using customizations.
• Canvas Apps allow for more flexibility in design and layout, with drag-and-drop functionality for components.

• Model Driven Apps are more focused on data and business processes, with a predefined data model and UI components.

• Both types of apps can be cust...read more
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Q6. What microsoft certifications you hold? How many are pending renewals
Ans. 
I hold Microsoft certifications in Azure and SQL Server. No pending renewals.
• Certifications in Azure and SQL Server

• No pending renewals
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Q7. How does Power BI help in visualisation? Give me difference between basic and advance dashboards
Ans. 
Power BI helps in visualizing data through interactive and customizable dashboards.
• Power BI allows users to create visually appealing charts, graphs, and maps to represent data in a meaningful way.

• Basic dashboards in Power BI typically include simple visuals like bar charts, line graphs, and pie charts to display key metrics.

• Advanced dashboards in Power BI involve more complex visuals like heat maps, scatter plots, and...read more
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Q8. What are the steps additionally a pro power BI does? More about transformation
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Q9. How many connectors have you worked with in power Apps
Ans. 
I have worked with over 20 connectors in Power Apps, including SharePoint, Outlook, and SQL Server.
• Worked with over 20 connectors in Power Apps

• Familiar with connectors such as SharePoint, Outlook, and SQL Server
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Q10. How good is your C# and .Net? And SQL knowledge.
Ans. 
I have extensive experience with C#, .Net, and SQL.
• Over 5 years of hands-on experience with C# and .Net development

• Proficient in writing complex SQL queries and stored procedures

• Experience in optimizing database performance and data modeling

• Familiar with Entity Framework and LINQ for data access

• Developed multiple web applications using ASP.NET MVC framework
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Q11. Explain me any previous CRM project that you built end to end.
Ans. 
Implemented a CRM project for a retail company to streamline customer interactions and improve sales.
• Analyzed business requirements and designed the CRM system architecture

• Customized CRM software to fit the specific needs of the retail company

• Integrated CRM with existing systems for seamless data flow

• Trained end users on how to effectively use the CRM system

• Implemented data analytics tools to track customer interaction
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Q12. Have you explored any AI features integrating with CRM? What's your thoughts on Copilot capabilities
Ans. 
Yes, I have explored AI features integrating with CRM and I believe Copilot capabilities can greatly enhance productivity and efficiency.
• I have experience implementing AI chatbots for customer service in CRM systems

• AI features can automate repetitive tasks, improve data accuracy, and provide personalized customer interactions

• Copilot capabilities can assist users in making data-driven decisions and predicting customer b...read more
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Q13. What does Marketing CRM include and explain a marketing Campaign scenario.
Ans. 
Marketing CRM includes customer data management, campaign tracking, lead generation, and customer engagement.
• Customer data management involves storing and organizing customer information such as contact details, purchase history, and preferences.

• Campaign tracking allows marketers to monitor the performance of their marketing campaigns, including metrics like open rates, click-through rates, and conversions.

• Lead generat...read more
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Q14. Difference between workflows and Power automate
Ans. 
Workflows are a series of tasks that are automated to achieve a specific goal, while Power Automate is a tool that allows users to create automated workflows.
• Workflows are a sequence of tasks that are executed in a specific order to achieve a desired outcome

• Power Automate is a platform that enables users to automate workflows across various applications and services

• Workflows can be manual or automated, while Power Auto...read more
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Q15. In C# can you write code to a plugin quickly? What are classess in C#
Ans. 
Yes, in C# you can quickly write code to a plugin using classes.
• Yes, in C# you can quickly write code to a plugin by creating a class that implements a specific interface or inherits from a base class.

• Classes in C# are blueprints for creating objects. They can contain fields, properties, methods, events, and more.

• For example, you can create a plugin interface and then create a class that implements that interface to wr
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Q16. Why do you want to join Accenture and how the organisation will benifit from it
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