Amul India Account Assistant Interview Questions and Answers for Experienced

Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

• Accounting involves recording all financial transactions of a business.

• It includes summarizing and organizing the recorded transactions into financial statements.

• Accounting also involves analyzing the financial data to provide insights and make informed decisions.

• Finally, accounting includes reporting the ...read more

TCS stands for Tata Consultancy Services.

• TCS is an Indian multinational IT services and consulting company.

• It is one of the largest IT service providers in the world.

• TCS offers a wide range of services including software development, infrastructure management, and business process outsourcing.

• The company was founded in 1968 and is headquartered in Mumbai, India.

• TCS has a global presence with offices and delivery center...read more

GST stands for Goods and Services Tax. It is a consumption-based tax levied on the supply of goods and services.

• GST is an indirect tax system implemented in many countries around the world.

• It replaces multiple indirect taxes like excise duty, service tax, and value-added tax (VAT).

• GST is designed to simplify the tax structure, reduce tax evasion, and promote economic growth.

• It is levied at each stage of the supply chai...read more

TAX is a mandatory financial charge imposed by the government on individuals and businesses based on their income or transactions.

• TAX is used to fund government activities and services.

• It can be levied on income, property, goods and services, or capital gains.

• Different countries have different tax systems and rates.

• Examples of taxes include income tax, sales tax, property tax, and corporate tax.