Axis Direct Accountant Interview Questions and Answers

An aptitude test measures your capabilities in specific areas.

True-or-false. True-or-false questions can be useful in all three types of interview assessment tests.

Q1. Behavioral interview questions are questions based on how you acted in a specific situation.
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Q2. Give us an example of a goal you failed to meet, and how you handled the situation.
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Problem solving, decision making, numerical ability

Q1. Which shift would you prefer to work?
Ans. 
I would prefer to work the day shift.
• I am most productive during the day and prefer to have my evenings free.

• I enjoy working in a well-lit environment and find it easier to focus during daylight hours.

• I am comfortable with the typical working hours of a day shift, which usually start in the morning and end in the late afternoon.

• I am able to maintain a better work-life balance with a day shift as it allows me to spend q...read more
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Q1. What are your salary expectations?
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Q2. Tell me about yourself.
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Q1. Fund strategies, Fund structure of Private equity
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Q2. What is high water mark, hurdle rare, journal entry for prepaid expenses, journal entry for accrual
Ans. 
High water mark and hurdle rate are terms used in finance, while journal entries for prepaid expenses and accruals are common accounting practices.
• High water mark is the highest value that an investment fund has reached, used to calculate performance fees.

• Hurdle rate is the minimum rate of return that a fund manager must achieve before earning performance fees.

• Journal entry for prepaid expenses involves debiting Prepai...read more
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Q3. What is private quity, how much knowledge you have on Excel, what is commitment, Fair market value meaning
Ans. 
Private equity is a type of investment where funds are raised from investors to acquire ownership stakes in companies not publicly traded.
• Private equity involves investing in privately held companies or buying out public companies to make them private

• Excel knowledge includes proficiency in financial modeling, data analysis, and creating complex formulas and macros

• Commitment in accounting refers to the dedication and re...read more
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Q4. Journal entry for reflecting current market value of an invested asset by investor, Journal entry for prepaid insurance and Audit fees payable
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Q1. Waht is a bond, type of financial markets, type of capital market
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Q2. Capital market and money market
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Q3. Primary, Right issue, private placement,qlb AdR,GDR,IDR
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Q4. Primary market secondary market
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Q5. Public for the purpose raising capital
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Interst rate and bond price

Which of the following terms is not related to stock exchange

Problem solving, decision making, numerical ability

Q1. Which shift would you prefer to work?
Ans. 
I would prefer to work the day shift.
• I am most productive during the day and prefer to have my evenings free.

• I enjoy working in a well-lit environment and find it easier to focus during daylight hours.

• I am comfortable with the typical working hours of a day shift, which usually start in the morning and end in the late afternoon.

• I am able to maintain a better work-life balance with a day shift as it allows me to spend q...read more
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Q1. Total Years of experience
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Q2. What is Notice period
Ans. 
Notice period is the amount of time an employee must give before leaving a job.
• Notice period is typically stated in the employment contract.

• It is a period of time during which the employee continues to work after resigning.

• Employers may require a notice period to allow for a smooth transition and find a replacement.

• Notice periods can vary from a few weeks to several months depending on the job and industry.

• Failure to a...read more
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Q3. What is current CTC
Ans. 
My current CTC is $60,000 per year.
• My current CTC is $60,000 per year

• CTC stands for Cost to Company

• It includes salary, bonuses, benefits, and any other perks provided by the employer
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Q4. What is expected CTC
Ans. 
Expected CTC for a Fund Accountant role varies based on experience, location, and company size.
• Expected CTC can range from $50,000 to $100,000+ per year depending on factors like experience level, location, and company.

• Candidates with 1-3 years of experience may expect a CTC of $50,000 to $70,000, while those with 5+ years may aim for $80,000+.

• CTC may also include bonuses, benefits, and other perks in addition to base ...read more
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Q5. Why are you looking for change
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