Archies R2R Associate Interview Questions and Answers

Q1. Tell me about myself
Ans. 
I am a motivated and detail-oriented individual with a passion for learning and problem-solving.
• Motivated and driven

• Detail-oriented

• Passionate about learning

• Strong problem-solving skills
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Q2. If you selected in the retailer what shall you do
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If selected in the retailer, I would focus on understanding the company's products, target market, and sales strategies to contribute effectively.
• Research the retailer's products and services to understand their features and benefits

• Analyze the retailer's target market to tailor sales strategies accordingly

• Collaborate with the sales team to implement effective selling techniques

• Stay updated on industry trends and compe
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Q1. Quant based questions
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Q2. Data synthesis based
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Q1. Those questions.. which he would like to.
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Q1. Introducing your self
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Q1. About yourself.
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Q2. About your work experience.
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Q3. How will you play the role with your current experience?
Ans. 
I will leverage my extensive experience in strategic planning, team leadership, and problem-solving to effectively play the role.
• I have successfully led cross-functional teams in previous roles, demonstrating my ability to collaborate and drive results.

• I have a proven track record of developing and implementing strategic plans that align with organizational goals.

• I am adept at problem-solving and decision-making, utili...read more
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Q1. Briefly explain concepts of inventory valuation
Ans. 
Inventory valuation is the process of assigning a monetary value to the items held in stock by a business.
• Inventory valuation methods include FIFO (First In, First Out), LIFO (Last In, First Out), and weighted average cost.

• The chosen method can impact the reported profit and taxes of a business.

• Inventory valuation helps in determining the cost of goods sold and the value of ending inventory on the balance sheet.
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Q2. How much tax is charged for transit of gold etc..
Ans. 
The tax charged for transit of gold etc. varies depending on the country and specific regulations.
• Tax rates for transit of gold can range from 0% to 10% or more

• Some countries may have specific regulations or exemptions for gold transit

• Tax rates may also depend on the quantity and value of the gold being transported
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Q3. What does net worth of a company mean ?
Ans. 
Net worth of a company is the total assets minus total liabilities, representing the value of the company's equity.
• Net worth = Total assets - Total liabilities

• It represents the value of the company's equity

• It is an important indicator of a company's financial health and stability

• Investors and stakeholders often use net worth to assess the company's value and performance
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Q4. Final accounts, Trading & P&L, Balance sheet
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Q5. Bank Reconciliation Statement
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Q1. One On one interview with M.D of accounts
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Q2. Can expect questions from various fields of accounting
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Q1. Interview with one of directors of the company
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Q2. Keep a good smile, all the best !
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Questions related to accounts

Q1. Accounts related questions
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