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Bihar Rural Livelihoods Promotion Society Accountant Interview Questions, Process, and Tips
Top Bihar Rural Livelihoods Promotion Society Accountant Interview Questions and Answers
- Q1. Where shown of outstanding entry in Balance sheet??
- Q2. What is entry of outstanding Rent??
- Q3. How many types of accounting are there ?
Bihar Rural Livelihoods Promotion Society Accountant Interview Experiences
3 interviews found
Selected
I applied via Recruitment Consulltant and was interviewed in Aug 2024. There was 1 interview round.
(2 Questions)
- Q1. What is accounting ?
- Ans.
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
Accounting involves recording financial transactions such as sales, purchases, and expenses.
It also includes summarizing and analyzing the financial data to prepare financial statements like balance sheets and income statements.
Accounting helps in providing insights into the financial health of a business ...
- Q2. How many types of accounting are there ?
- Ans.
There are three main types of accounting: financial accounting, management accounting, and tax accounting.
Financial accounting focuses on preparing financial statements for external stakeholders.
Management accounting involves providing information to help internal management make decisions.
Tax accounting deals with tax-related matters such as tax planning and compliance.
Other specialized areas of accounting include for
Interview Preparation Tips
- Financial Accounting
- Accounting
- Account Management
- Tally ERP
I applied via Recruitment Consultant and was interviewed in Oct 2020. There were 3 interview rounds.
Interview Questionnaire
6 Questions
- Q1. What is entry of outstanding Rent??
- Ans.
Outstanding rent is recorded as a liability in the books of accounts.
Outstanding rent is the rent that is due but not yet paid by the tenant.
It is recorded as a liability in the books of accounts.
The entry for outstanding rent is: Debit Rent Receivable and Credit Rent Income.
For example, if the rent due for the month of January is not paid by the tenant, it will be recorded as outstanding rent.
The outstanding rent will...
- Q2. Where shown of outstanding entry in Balance sheet??
- Ans.
Outstanding entries are shown in the liabilities section of the balance sheet.
Outstanding entries represent amounts owed by the company to its creditors or other parties.
These entries are typically recorded as accounts payable or accrued expenses.
Liabilities section of the balance sheet includes accounts payable, accrued expenses, and other outstanding obligations.
Examples of outstanding entries include unpaid invoices
- Q3. Difference between 0/1 and 1/0??
- Ans.
0/1 and 1/0 are mathematical expressions representing division by zero.
0/1 is equal to 0
1/0 is undefined
Division by zero is not allowed in mathematics
- Q4. Valuation of agriculture goods ??
- Ans.
Valuation of agriculture goods involves determining the fair market value of crops, livestock, and other agricultural products.
Factors that affect valuation include supply and demand, quality, and market conditions.
Valuation methods may include cost approach, market approach, and income approach.
Examples of agricultural products that may require valuation include corn, wheat, soybeans, cattle, and dairy products.
- Q5. What is livelihood??
- Ans.
Livelihood refers to the means of supporting oneself and one's family through work or income.
It includes all the activities and resources that people use to earn a living.
Examples include farming, fishing, trading, and wage labor.
Livelihood can be affected by factors such as economic conditions, natural disasters, and government policies.
Sustainable livelihoods aim to ensure that people have access to the resources and...
- Q6. Why is famous of Gaya??
Interview Preparation Tips
I applied via Company Website and was interviewed before Jul 2020. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Passed written exam then after qualified interview and short listed through merit list.
Interview Preparation Tips
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Accountant Interview Questions & Answers
The Akshaya Patra Foundation
Anonymous
posted on 30 May 2024
Selected
I applied via Walk-in and was interviewed in Apr 2024. There was 1 interview round.
(5 Questions)
- Q1. How can you face critical position of business
- Q2. I face because of my present mind
- Q3. And 1st authority talk
- Q4. Then understand
- Q5. Then solve the critical positionof business
R.bhargavi
Selected
I applied via Walk-in and was interviewed before Sep 2022. There were 2 interview rounds.
(3 Questions)
- Q1. Journal rules of accounting balance sheet profit and loss accounts
- Ans.
Journal rules of accounting ensure that balance sheet and profit and loss accounts are accurate and in compliance with accounting standards.
Journal entries must follow the double-entry system, where each transaction affects at least two accounts.
Debits must equal credits in every journal entry to ensure the accounting equation (Assets = Liabilities + Equity) remains balanced.
Balance sheet accounts represent the financi...
- Q2. Why ur choose this organization
- Ans. This organization helped to the poor people and main content is respect to the women
- Q3. You know why are using accounts in any organization
- Ans.
Accounts are used in organizations to track financial transactions, monitor performance, and make informed business decisions.
Accounts help track financial transactions and ensure accuracy in recording income and expenses.
They provide a clear picture of the organization's financial health and performance.
Accounts help in budgeting, forecasting, and making informed business decisions.
They are essential for tax complianc...
Accountant Interview Questions & Answers
The Akshaya Patra Foundation
Anonymous
posted on 30 May 2024
Selected
I applied via Walk-in and was interviewed in Apr 2024. There was 1 interview round.
(5 Questions)
- Q1. How can you face critical position of business
- Q2. I face because of my present mind
- Q3. And 1st authority talk
- Q4. Then understand
- Q5. Then solve the critical positionof business
Senior Accountant Interview Questions & Answers
Rural Development Trust
Anonymous
posted on 14 Sep 2023
Selected
I applied via Company Website and was interviewed before Sep 2022. There were 2 interview rounds.
They will give me question in aptitude
(2 Questions)
- Q1. Simple question it relates to my personal
- Q2. Education and any job experience
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed before Sep 2022. There were 2 interview rounds.
(3 Questions)
- Q1. Journal rules of accounting balance sheet profit and loss accounts
- Ans.
Journal rules of accounting ensure that balance sheet and profit and loss accounts are accurate and in compliance with accounting standards.
Journal entries must follow the double-entry system, where each transaction affects at least two accounts.
Debits must equal credits in every journal entry to ensure the accounting equation (Assets = Liabilities + Equity) remains balanced.
Balance sheet accounts represent the financi...
- Q2. Why ur choose this organization
- Ans. This organization helped to the poor people and main content is respect to the women
- Q3. You know why are using accounts in any organization
- Ans.
Accounts are used in organizations to track financial transactions, monitor performance, and make informed business decisions.
Accounts help track financial transactions and ensure accuracy in recording income and expenses.
They provide a clear picture of the organization's financial health and performance.
Accounts help in budgeting, forecasting, and making informed business decisions.
They are essential for tax complianc...
Junior Accountant Interview Questions & Answers
SOS Children's Village
Anonymous
posted on 28 Apr 2022
I applied via Recruitment Consulltant and was interviewed before Apr 2021. There were 2 interview rounds.
Our self detail and our knowledge for account department
Interview Preparation Tips
- Accounts Finalisation
- HR Administration
Bihar Rural Livelihoods Promotion Society Interview FAQs
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Bihar Rural Livelihoods Promotion Society Interviews By Designations
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Bihar Rural Livelihoods Promotion Society Accountant Interview Process
based on 2 interviews
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Bihar Rural Livelihoods Promotion Society Accountant Reviews and Ratings
based on 14 reviews
Rating in categories
|
Young Professional
139
salaries
|  ₹4.2 L/yr - ₹8.5 L/yr |
|
Block Project Manager
50
salaries
| ₹3 L/yr - ₹8 L/yr |
|
Accountant
43
salaries
| ₹1 L/yr - ₹6 L/yr |
|
MIS Executive
34
salaries
| ₹1.2 L/yr - ₹2.6 L/yr |
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Area Manager
16
salaries
| ₹1.8 L/yr - ₹3.2 L/yr |
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