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I applied via Approached by Company and was interviewed before Jan 2023. There were 3 interview rounds.
It is a test based on technical skills, in the form of written test
I applied via Referral and was interviewed in May 2021. There were 4 interview rounds.
Endowment policy provides both insurance and savings, while term insurance only provides insurance coverage.
Endowment policy pays out a lump sum at the end of the policy term, while term insurance pays out only in case of death during the policy term.
Endowment policy premiums are higher than term insurance premiums due to the savings component.
Endowment policy is suitable for those who want both insurance and savings, ...
I would suggest a life insurance policy with a critical illness rider.
A life insurance policy will provide financial security to the dependents in case of the policyholder's untimely demise.
A critical illness rider will provide coverage for major illnesses like cancer, heart attack, etc.
The policy should have a sufficient sum assured to cover the family's expenses and future needs.
The premium should be affordable and t...
Determining the value of insurance for an individual
Consider the individual's financial obligations and responsibilities
Evaluate the individual's income and assets
Assess the individual's risk tolerance and desired level of coverage
Take into account the individual's age, health condition, and dependents
Consider the potential costs of medical treatments, property damage, or liability claims
Consult with insurance professi
FV stands for Future Value and PV stands for Present Value.
FV is the value of an asset or investment at a specified date in the future, based on the expected growth rate.
PV is the current value of a future sum of money or stream of cash flows, discounted at a specific rate.
FV and PV are commonly used in finance and accounting to calculate the value of investments, loans, and annuities.
For example, if you invest $100 to...
I applied via Walk-in and was interviewed before Feb 2023. There was 1 interview round.
I applied via Referral
Logical reasoning, email drafting, account
Accounts receivable is the money owed to a company by its customers for goods or services sold on credit.
Accounts receivable is an asset on the balance sheet.
Cash basis accounting recognizes revenue when cash is received, while accrual basis accounting recognizes revenue when it is earned.
Companies typically use accrual basis accounting for financial reporting purposes.
Accounts receivable can be managed through aging r...
Befree Business Resourceing interview questions for popular designations
I applied via Approached by Company and was interviewed before Apr 2022. There were 4 interview rounds.
In aptitude test they ask mathematics,E-mail writing, accounting question
Bad debt is an amount owed by a debtor that is unlikely to be paid. Bad debt recovery entry is the process of recovering the amount owed.
Bad debt is a loss for the company and is written off as an expense
Bad debt recovery entry is made when the amount is recovered
The entry is made by debiting the cash account and crediting the bad debt recovery account
Example: If a customer owes $1000 and is unable to pay, it becomes b...
Get interview-ready with Top Befree Business Resourceing Interview Questions
I applied via Naukri.com and was interviewed before Feb 2022. There were 4 interview rounds.
Some questions related to accounts
Video calling over gmeet is a popular way to communicate remotely.
Gmeet is a video conferencing tool developed by Google.
It allows users to host and join meetings with up to 250 participants.
Users can share their screen, mute/unmute themselves, and use the chat feature.
Gmeet is commonly used for remote work, online classes, and virtual events.
I applied via Naukri.com and was interviewed in Sep 2021. There were 3 interview rounds.
One Journal entries questions sheet, reasoning and Email drafting questions
I applied via Company Website and was interviewed in Sep 2021. There were 3 interview rounds.
I applied via Walk-in and was interviewed before Mar 2021. There were 3 interview rounds.
Journal entries for Final accounts , GST and Payroll.
I applied via Naukri.com and was interviewed in Aug 2021. There was 1 interview round.
Methods of accounting include cash basis, accrual basis, and hybrid basis.
Cash basis accounting records revenue and expenses when cash is received or paid.
Accrual basis accounting records revenue and expenses when they are earned or incurred, regardless of when cash is received or paid.
Hybrid basis accounting combines elements of both cash basis and accrual basis accounting.
Examples of cash basis accounting include sma...
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The duration of Befree Business Resourceing interview process can vary, but typically it takes about less than 2 weeks to complete.
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