Advance Finserv Executive Accountant Interview Questions and Answers

Q1. What are the elements included in balance sheet
Ans. 
Elements included in balance sheet are assets, liabilities, and equity.
• Assets: Includes cash, accounts receivable, inventory, property, and equipment.

• Liabilities: Includes accounts payable, loans, and other debts owed by the company.

• Equity: Represents the owner's stake in the company, including retained earnings and stock.

• Balance sheet must always balance, with assets equaling liabilities plus equity.
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About my study and knowledge

Q1. Why should we hire you?
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Q2. Tell me about yourself.
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Q1. What are your strengths and weaknesses?
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Q2. What is your family background?
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Q3. Tell me about yourself.
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Q4. What are your salary expectations?
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Q1. Computer application Trainer and clerks
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How to operate the cashier functions and author executives.

How to handle all the working conditions as pr bnk

General knowledge, excel, english grammar, mathematics

Q1. Tell me about yourself.
Ans. 
Experienced Accounts Executive with a strong background in financial management and analysis.
• Over 5 years of experience in managing accounts payable and receivable

• Proficient in financial reporting and analysis

• Skilled in budgeting and forecasting

• Strong attention to detail and accuracy

• Excellent communication and interpersonal skills
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Q2. Tell me about your experience.
Ans. 
I have over 5 years of experience in accounts management, including budgeting, financial reporting, and analysis.
• Managed accounts payable and receivable processes

• Prepared monthly financial statements and reports

• Assisted in budgeting and forecasting

• Conducted variance analysis to identify financial discrepancies
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Q1. Question based on process
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Q2. Technical skills
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Q1. (1).What does Tally accounting mean? Ans :Tally accounting is an ERP software that is used by small as well as large businesses for business functionalities like accounting,finance,inventory,payroll,etc.....read more
Ans. 
Tally accounting is an ERP software used for business functionalities like accounting, finance, inventory, payroll, etc.
• Tally accounting is an ERP software

• Used by small and large businesses

• Handles accounting, finance, inventory, payroll, etc.

• Helps in managing financial transactions

• Generates financial reports

• Provides real-time data

• Increases efficiency and accuracy

• Premises in accounting refer to fixed assets shown in the
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Q2. (3).what is the difference between capital and revenue transaction? Ans :accounting involves two types of business transactions. Capital and Revenue Revenue transactions refers to the transactions relati...read more
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