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BT Group Senior Accountant 2 Interview Questions and Answers

Updated 19 Jul 2024

BT Group Senior Accountant 2 Interview Experiences

1 interview found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(3 Questions)

  • Q1. Difference between provision and Reserve
  • Ans. 

    Provision is a liability that is uncertain in timing or amount, while a reserve is a portion of profits set aside for specific purposes.

    • Provision is a liability that is recognized based on estimates, such as bad debt provision.

    • Reserve is a part of profits that is retained for specific purposes, like a contingency reserve.

    • Provisions are recorded on the balance sheet, while reserves are shown in the equity section.

    • Provis...

  • Answered by AI
  • Q2. Treatment of provision and journal entry
  • Ans. 

    Provision is an estimated expense recorded in the financial statements, while journal entry is the actual entry made to record the provision.

    • Provision is made for anticipated expenses that have not yet been incurred but are likely to occur in the future.

    • Journal entry is the actual accounting entry made to record the provision in the financial statements.

    • Provision is usually based on estimates and requires judgment by m...

  • Answered by AI
  • Q3. Accrual concept

Interview questions from similar companies

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed in Dec 2024. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. About accounts & experience
  • Q2. About accounts & experience

Interview Preparation Tips

Interview preparation tips for other job seekers - Good company well settled
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
-
Result
Selected Selected

I applied via Naukri.com and was interviewed in Oct 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(3 Questions)

  • Q1. Why u left your previous job ??
  • Q2. Salary expectation
  • Q3. What is Bank reconciliation
  • Ans. 

    Bank reconciliation is the process of comparing and matching the balances in a company's accounting records with the balances on its bank statement.

    • Bank reconciliation helps ensure the accuracy of a company's financial records.

    • It involves comparing the transactions recorded in the company's books with those in the bank statement.

    • Any discrepancies between the two balances are identified and resolved.

    • Common reasons for d...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Prepare your self properly on your core paper.there are some basic questions which are asked in almost all interviews, it's quite easy and also make uconfident in the interview.
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Accounting Standards
  • Q2. International financial reporting
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Company Website and was interviewed in Feb 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. What is your current CTC
  • Q2. What is work experience
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

Talent to show the platform

Round 2 - Group Discussion 

It’s about to speak about 1 min of my village

Round 3 - HR 

(1 Question)

  • Q1. Tel me about your self What is golden rule of accounting What is bank reconciliation statement etc…
  • Ans. 

    I am a detail-oriented accountant with experience in financial analysis and reporting. The golden rule of accounting is to debit the receiver and credit the giver. Bank reconciliation statement is a process of matching the balances in a company's accounting records to the corresponding information on a bank statement.

    • Golden rule of accounting: Debit the receiver, credit the giver

    • Bank reconciliation statement: Matching ...

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Introduce your self and experience
  • Q2. Motivation for applying job
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Journal Entries
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(4 Questions)

  • Q1. What is customer service and profit
  • Ans. 

    Customer service and profit are closely related as good customer service leads to increased profits.

    • Good customer service leads to customer satisfaction and loyalty, resulting in repeat business and positive word-of-mouth referrals.

    • Positive reviews and feedback from satisfied customers can attract new customers and increase sales.

    • Poor customer service can lead to negative reviews, loss of customers, and decreased profi...

  • Answered by AI
  • Q2. How you communcation customer
  • Ans. 

    I communicate with customers through active listening, clear and concise language, and empathy.

    • I actively listen to customers to understand their needs and concerns.

    • I use clear and concise language to ensure that customers understand the information I am providing.

    • I approach customer interactions with empathy and understanding to build rapport and trust.

    • I am responsive to customer inquiries and follow up promptly to en...

  • Answered by AI
  • Q3. Customer service is to give customer sucsfaction service to profit plan
  • Q4. Begin to give pice communication understanding customer interest &give good services.

Interview Preparation Tips

Interview preparation tips for other job seekers - I have good comuncution to evirment ,reletion ,ethics, performance&enaf expriance
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - HR 

(1 Question)

  • Q1. 1. Introduce your Self 2. Golden Rules of Accounts (3 Golden Rules)
  • Ans. 

    I am a Senior Accountant with expertise in financial reporting and analysis.

    • The three golden rules of accounts are: a) Debit the receiver, credit the giver b) Debit what comes in, credit what goes out c) Debit all expenses and losses, credit all incomes and gains

    • These rules are the foundation of double-entry bookkeeping and ensure accuracy in financial transactions.

    • For example, if a company purchases inventory on credi...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. 1. Introduce yourself 2. Tell me about the process of your previous organization? 3. Do you have any Excel knowledge?
  • Ans. 

    I am a Senior Accountant with experience in managing financial processes and proficient in Excel.

    • Managed financial processes including budgeting, forecasting, and reporting

    • Ensured compliance with accounting standards and regulations

    • Collaborated with cross-functional teams to streamline processes and improve efficiency

    • Proficient in Excel for data analysis and reporting

    • Developed and implemented internal controls to mitig

  • Answered by AI

BT Group Interview FAQs

How many rounds are there in BT Group Senior Accountant 2 interview?
BT Group interview process usually has 1 rounds. The most common rounds in the BT Group interview process are Technical.
What are the top questions asked in BT Group Senior Accountant 2 interview?

Some of the top questions asked at the BT Group Senior Accountant 2 interview -

  1. Treatment of provision and journal en...read more
  2. Difference between provision and Rese...read more
  3. Accrual conc...read more

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