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Agumentik Group of Companies Accountant Interview Questions and Answers
Agumentik Group of Companies Accountant Interview Experiences
2 interviews found
Anonymous
Selected
I applied via Campus Placement and was interviewed in May 2024. There was 1 interview round.
(2 Questions)
- Q1. What do you mean by tally?
- Ans.
Tally is an accounting software used for financial record keeping and management.
Tally is a popular accounting software used by businesses for financial transactions.
It helps in recording and managing financial data such as sales, purchases, expenses, and payroll.
Tally provides features like invoicing, inventory management, and financial reporting.
It is widely used for bookkeeping and generating financial statements.
Ex...
- Q2. Introduce yourself
- Ans.
I am a detail-oriented accountant with 5 years of experience in financial reporting and analysis.
5 years of experience in financial reporting and analysis
Detail-oriented and organized
Proficient in accounting software such as QuickBooks
Strong analytical skills
Excellent communication skills
Interview Preparation Tips
Skills evaluated in this interview
Selected
I applied via campus placement at SRM university (SRMU) and was interviewed in May 2024. There was 1 interview round.
(2 Questions)
- Q1. Why are you interested in doing this internship
- Ans.
I am interested in this internship because I want to gain practical experience in accounting and learn from professionals in the field.
Desire to gain practical experience in accounting
Learn from professionals in the field
Opportunity to apply theoretical knowledge in a real-world setting
- Q2. Introduce yourself
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Interview questions from similar companies
Position or post calling for specified duties to which an employee is assigned for a definite or indefinite period of time but which has not been designated as a work classification.
(5 Questions)
- Q1. What is tha accounts?
- Ans.
Accounts refer to the records of financial transactions of a business or organization.
Accounts are used to track income, expenses, assets, and liabilities.
They help in analyzing the financial health of a company.
Examples of accounts include cash, accounts receivable, inventory, and accounts payable.
- Q2. What is tha payable and receivable
- Ans.
Payable and receivable refer to amounts owed by a company (payable) and amounts owed to a company (receivable).
Payable refers to money owed by a company to its suppliers or vendors
Receivable refers to money owed to a company by its customers or clients
Payable and receivable are recorded on a company's balance sheet
Examples: Accounts payable, accounts receivable
- Q3. What is TDS ?
- Ans.
TDS stands for Tax Deducted at Source, which is a system where tax is deducted by the payer at the time of making payment.
TDS is a form of advance tax which ensures that the government receives tax revenue in advance.
It is applicable to various payments such as salary, interest, commission, rent, etc.
The deducted TDS amount is then deposited with the government on behalf of the recipient.
TDS rates vary depending on the...
- Q4. What is tally used for ?
- Ans.
Tally is a software used for accounting and financial management.
Tally is used for recording financial transactions.
It helps in managing accounts, generating reports, and analyzing data.
Tally is commonly used by businesses for bookkeeping and tax compliance.
It can also be used for inventory management and payroll processing.
- Q5. What is tally skills?
- Ans.
Tally skills refer to proficiency in using Tally software for accounting purposes.
Tally skills involve knowledge of creating and managing accounts, generating financial reports, and performing audits.
Proficiency in data entry, reconciliation, and inventory management using Tally is essential.
Examples of Tally skills include creating ledgers, recording transactions, and generating balance sheets.
Knowledge of shortcuts a...
Interview Preparation Tips
Skills evaluated in this interview
I applied via campus placement at Christ University, Bangalore and was interviewed in Aug 2024. There was 1 interview round.
(2 Questions)
- Q1. Journal entry for prepaid expenses
- Ans.
Journal entry for prepaid expenses involves debiting Prepaid Expense account and crediting Cash or Bank account.
Debit Prepaid Expense account to record the expense paid in advance
Credit Cash or Bank account to show the decrease in cash due to prepayment
Prepaid expenses are considered assets until they are used up or expire
Example: Journal entry for prepaid rent - Debit Prepaid Rent, Credit Cash/Bank
- Q2. What is bank reconciliation
- Ans.
Bank reconciliation is the process of comparing a company's records with those of its bank to ensure they match.
Bank reconciliation involves comparing the company's records of its financial transactions with the bank's records.
It helps identify any discrepancies such as missing transactions, errors, or fraudulent activity.
The process involves adjusting the company's records to match the bank's records by reconciling an...
I applied via AmbitionBox and was interviewed in Aug 2024. There was 1 interview round.
What is the recruitment of work and experience
(2 Questions)
- Q1. How was the interview
- Q2. What qualifications u need for accountants
Discussion about accounts
I applied via Recruitment Consulltant and was interviewed in Sep 2023. There were 3 interview rounds.
(3 Questions)
- Q1. Each round has its different tasks and it carries minimum 30 questions in a round. It was a good experience to share
- Q2. What will you do if you're friend is in trouble? Will you help him or not?
- Q3. Will you help the needy people in their bad times?
About personality check
An assignment is a piece of (academic) work or task. It provides opportunity for students to learn, practice and demonstrate they have achieved the learning goals. It provides the evidence for the teacher that the students have achieved the goals
(3 Questions)
- Q1. Good HR Why did you decide to apply to this role?
- Ans. Applied for this position because I am seeking a more challenging opportunity in my field. Your job posting was especially exciting to me because your organization is well known for its unmatched level of professionalism and growth opportunities.
- Q2. What experience do you have that would be relevant to this role?
- Ans. You can describe your relevant work experience by doing the following: Consider your past work experience and customise it to fit the requirements of the job you are currently targeting. Focus on and describe any relevant duties and responsibilities you undertook in your previous position
- Q3. Tell me about your experience in …
- Ans. I have some strong work experience that will help me with this job if I am successful. I
Selected
I applied via Naukri.com and was interviewed in Nov 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about yourself
- Q2. This question is usually the first question in an interview, and it is a way to break the ice. You should answer this question by giving a brief overview of your education, work experience, and skills. You...
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Selected
I applied via Walk-in and was interviewed in Sep 2023. There was 1 interview round.
(1 Question)
- Q1. Tally sap Microsoft Office
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Agumentik Group of Companies Accountant Interview Process
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