Allstate Process Associate Interview Questions and Answers

Q1. Self introduction
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Q1. Asking questions about process
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Q1. Based on Self introduction
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Q2. Tell me about your parents
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Q3. Tell about your strengths and weaknesses
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Q1. Based on Self introduction hr will ask questions if he/she a fresher or else if he/she experienced based on their profile and experience.
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English grammer
logical reasoning

Q1. What is accounts payable and recevaible
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Accounts payable is money owed by a company to its suppliers, while accounts receivable is money owed to a company by its customers.
• Accounts payable refers to the money a company owes to its suppliers for goods or services purchased on credit.

• Accounts receivable refers to the money owed to a company by its customers for goods or services provided on credit.

• Accounts payable is a liability on the company's balance sheet,...read more
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Q2. Resume based q&a
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Q3. Depreciation and its types
Ans. 
Depreciation is the allocation of the cost of an asset over its useful life. Types include straight-line, double declining balance, and units of production.
• Depreciation is a method of allocating the cost of an asset over its useful life

• Straight-line depreciation evenly spreads the cost over the useful life of the asset

• Double declining balance method accelerates depreciation in the early years of an asset's life

• Units of...read more
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Q4. Journal entries
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Q1. Same Q&a as hr resume based questions S&W
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Q2. DEPRECIATION AMMORTIATION JOURNAL ENTRIES WHAT IS TRADING AC
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Trading account is a financial statement that shows the results of buying and selling goods and services.
• Trading account is a part of the final accounts of a business.

• It shows the gross profit or loss made by the business through trading activities.

• It includes details of sales, purchases, direct expenses, and direct incomes.

• The formula for calculating gross profit is: Gross Profit = Net Sales - Cost of Goods Sold.
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Q3. BASIC ACCOUNTING Q&A
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Q1. Introduction- tell me about your self
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Q1. Manegerial Round
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Q1. General accounts and communication
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Q2. Introduction and Excel
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Q1. General accounts and process explain
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General accounts refer to the financial records of a company, while process involves the systematic steps taken to complete a task.
• General accounts involve recording financial transactions, preparing financial statements, and analyzing financial data.

• Process refers to the series of steps or actions taken to achieve a specific goal or outcome.

• In accounting, the process may involve recording transactions, reconciling acc...read more
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Q2. . communication skills tested and
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Q1. What's your 1st preference of working in a company, and how you can motivate yourself to give 100% for the company?
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Q2. How long you can see yourself in this company?
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Accounts insurance reasoning questions

Q1. Asking accounting and insurance questions
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