Ajeet Seeds HR Assistant Interview Questions and Answers

45 mins, accounting concepts

Q1. What is equity, debenture
Ans. 
Equity represents ownership in a company, while debenture is a type of debt instrument issued by a company.
• Equity represents ownership in a company and gives shareholders voting rights and a share in profits.

• Debenture is a type of debt instrument issued by a company, typically with a fixed interest rate and maturity date.

• Equity holders are considered residual claimants, meaning they are paid after debenture holders in
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Q2. TDS, GST, GST rates, Bad debts
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Accounts Payable related questions, Aptitude and Communication email writting

Q1. End to end Accounts Payable activities, how you will deal wiyh customers. Open items, GRIR analysis and KPI
Ans. 
I will handle end to end Accounts Payable activities by effectively communicating with customers, conducting GRIR analysis, and monitoring KPIs.
• Communicate with customers to resolve any issues or discrepancies in invoices or payments

• Conduct regular GRIR (Goods Receipt/Invoice Receipt) analysis to ensure accuracy of accounts payable balances

• Monitor key performance indicators (KPIs) such as invoice processing time, payme...read more
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Q1. Salary discussion with HR, You should be cautious offer letter read properly.
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Questions about accounts payable

Q1. Same as question about your experience and what are the topics which was mentioned in the your Cv and cross questions
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Q1. About detailed discussion about past roles , responsibility & experience .
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Q2. What are the future plans.
Ans. 
Our future plans include expanding our product line, increasing market share, and investing in research and development.
• Expanding product line to meet customer needs

• Increasing market share through targeted marketing campaigns

• Investing in research and development to stay ahead of industry trends
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Q1. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of the asset.

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

• Example: A company purchases a delivery truck for $50,000 with ...read more
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Q2. What is accrual
Ans. 
Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period, even if cash has not been exchanged.

• Accruals are used to provide a more accurate representation of a company's financial position and performance.

• Examples of accruals include accounts receivable, accounts payable, and acc
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Q1. General question reviewing resume
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Q1. Fitment in the LIFE based value. You can undrstand more from the HR during 2nd round of discussion
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Q1. Introduce Yourself
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Q2. What do you think about the role?
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Q3. Your experience with any BI Tools
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Q1. How spring boot works internally?
Ans. 
Spring Boot is a framework that simplifies the development of Java applications by providing pre-configured settings and dependencies.
• Spring Boot uses an embedded Tomcat server to run the application.

• It provides auto-configuration for commonly used libraries and frameworks.

• Spring Boot uses Spring Framework's Inversion of Control (IoC) to manage dependencies.

• It also includes Spring Boot Actuator for monitoring and manag...read more
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Q2. What is Streaming api in java8?
Ans. 
Streaming API in Java 8 is a feature that allows processing of large data sets in a functional and efficient manner.
• Stream API provides a set of functional interfaces and methods to process data in a declarative way

• It supports parallel processing of data

• It can be used with collections, arrays, and I/O operations

• Example: List names = Arrays.asList("John", "Mary", "Bob"); long count = names.stream().filter(name -> name.s...read more
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