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Backlight Finance Assistant Interview Questions and Answers
Backlight Finance Assistant Interview Experiences
2 interviews found
Gaurav Sharma
Selected
I applied via Naukri.com and was interviewed in Apr 2024. There were 3 interview rounds.
(2 Questions)
- Q1. They do quick hire and fire
- Q2. They do quick hire and fire and pay you very good amount to attract.
(2 Questions)
- Q1. Quick hire and Fire
- Q2. Quick hire and fire is usual process of them. They attract from offering very good amount of salary/LPA
(2 Questions)
- Q1. Do hire and fire quickly
- Q2. Pay you more than enough and later fire
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Jul 2023. There were 3 interview rounds.
(1 Question)
- Q1. Year of experience and expertise
(1 Question)
- Q1. Accounting question with dept knowledge
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I applied via campus placement at VSM College, East Godavari
Bits of current affairs
Finance assignment
Interview Preparation Tips
Selected
I was interviewed in Aug 2024.
(2 Questions)
- Q1. What was the your ambition ?
- Ans.
My ambition is to become a successful Accounts & Finance Executive in a reputable company.
To excel in financial analysis and reporting
To develop strong budgeting and forecasting skills
To enhance my knowledge of tax regulations and compliance
To eventually become a CFO or Finance Director
To contribute to the growth and success of the organization
- Q2. What was the your future plan for life ?
- Ans.
My future plan is to continue advancing in my career in accounts and finance, eventually becoming a financial manager or director.
Continue gaining experience and knowledge in accounts and finance
Pursue further education or certifications in the field
Work towards a promotion to a financial manager or director role
Seek opportunities for professional growth and development
Eventually aim to lead a finance team or departmen
(2 Questions)
- Q1. What was the your future growth ?
- Ans.
My future growth involves obtaining a professional certification, gaining more experience in financial analysis, and eventually moving into a managerial role.
Obtaining a professional certification such as CPA or CFA to enhance my credentials
Gaining more experience in financial analysis and reporting
Working towards taking on more responsibilities and eventually moving into a managerial role
Continuing education and stayi
- Q2. What was sink of kn
- Ans.
Sink of KN is a term used in accounting to refer to the process of writing off an asset that has no residual value.
Sink of KN is also known as scrapping of assets.
It involves removing an asset from the balance sheet due to it being obsolete or no longer useful.
This process helps in accurately reflecting the true value of assets on the balance sheet.
Example: If a company decides to dispose of an old machinery that is no...
(2 Questions)
- Q1. What is your name ?
- Ans.
My name is John Smith.
My first name is John.
My last name is Smith.
I go by the name John Smith in professional settings.
- Q2. What is your mother toung ?
- Ans.
My mother tongue is English.
English is the primary language spoken in my household and community.
I have been speaking English since I was a child.
I am fluent in English and use it for communication in both personal and professional settings.
Interview Preparation Tips
Give me the chance of your company for job opportunity,
(2 Questions)
- Q1. Deferred tax liability , practical use, how do we calculate
- Ans.
Deferred tax liability is a balance sheet item representing taxes that will be paid in the future due to temporary differences in accounting and tax rules.
Deferred tax liability arises when a company's taxable income is greater than its accounting income, resulting in taxes being paid in the future.
It is calculated by multiplying the temporary difference between taxable income and accounting income by the tax rate.
Exam...
- Q2. Swap in simple terms, dividend growth model
- Ans.
A swap is a financial agreement between two parties to exchange cash flows or other financial instruments.
A swap involves two parties exchanging cash flows or other financial instruments based on a predetermined set of terms.
Common types of swaps include interest rate swaps, currency swaps, and commodity swaps.
The dividend growth model is a method used to value a company's stock based on the expected future dividends i...
I applied via Referral and was interviewed in Dec 2024. There was 1 interview round.
(2 Questions)
- Q1. What is depreciation?
- Q2. Full form of COGS ?
Interview Preparation Tips
(5 Questions)
- Q1. Explain budgeting
- Q2. Explain forecasting
- Q3. Explain revenue recognition
- Q4. Rent accured ledger entry
- Q5. Why is asset recognised or depreciated in balance sheet
Rahul Beri
(2 Questions)
- Q1. Account payable?
- Q2. Difference between Profit & Revenue
(2 Questions)
- Q1. What is contingent liabilities
- Ans.
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include lawsuits, warranties, and guarantees.
If the contingent liability is probable and the amount can be estimated, it should be recor
- Q2. What is provision
- Ans.
Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
Provision is a liability that is recognized on the balance sheet.
It is used to account for potential future expenses or losses that are uncertain but likely to occur.
Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
Interview Preparation Tips
Skills evaluated in this interview
(2 Questions)
- Q1. Self introduction
- Q2. What is finance
- Ans.
Finance is the management of money and other assets, including investments, budgeting, and financial planning.
Finance involves managing money and assets to achieve financial goals.
It includes activities such as budgeting, investing, and financial planning.
Finance helps individuals and organizations make informed financial decisions.
Examples of finance include managing a company's cash flow, investing in stocks and bond
(2 Questions)
- Q1. What do you know about ICICI sales
- Ans.
ICICI sales refers to the sales activities and strategies of ICICI Bank, one of the largest private sector banks in India.
ICICI Bank offers a wide range of financial products and services to individual and corporate customers.
The bank utilizes various channels such as branches, online platforms, and mobile apps to drive sales.
ICICI Bank often runs promotional campaigns and offers discounts to attract new customers and ...
- Q2. What do you know about your local area
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