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Accounts basics questions
The Golden rule is a principle of ethical conduct that states one should treat others as one would like others to treat oneself.
The Golden rule is also known as the ethic of reciprocity.
It is found in many religions and cultures around the world.
The rule encourages empathy, compassion, and fairness in interpersonal relationships.
Examples of the Golden rule include 'Do unto others as you would have them do unto you' and
Prepaid expense is an advance payment made for goods or services that will be received in the future.
Prepaid expenses are considered assets on the balance sheet.
The journal entry for recording a prepaid expense involves debiting the Prepaid Expense account and crediting the Cash or Accounts Payable account.
As the prepaid expense is consumed or utilized, it is gradually recognized as an expense through adjusting entries...
Accrual entry is a type of accounting entry that records revenue or expenses before they are actually received or paid.
Accrual entry is used to match revenue and expenses to the period in which they are earned or incurred, regardless of when the cash is received or paid.
It involves recording an accrual (an amount that is owed or earned) and a corresponding offsetting entry.
Accrual entries are typically made at the end ...
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posted on 18 May 2024
I applied via Indeed and was interviewed before May 2023. There were 3 interview rounds.
I have over 7 years of experience as a Senior Accountant in various industries.
Managed financial reporting and analysis for multiple clients
Led budgeting and forecasting processes
Implemented cost-saving initiatives resulting in 10% reduction in expenses
Supervised a team of junior accountants
Ensured compliance with GAAP and regulatory requirements
I appeared for an interview before Mar 2019, where I was asked the following questions.
I applied via Recruitment Consultant and was interviewed before May 2020. There were 3 interview rounds.
posted on 2 Jan 2021
I applied via Referral and was interviewed before Jan 2020. There were 6 interview rounds.
I waa given telecom market in indua
posted on 11 Sep 2023
I applied via Campus Placement and was interviewed before Sep 2022. There were 3 interview rounds.
Simple math anyone can solve it
posted on 11 Feb 2021
I applied via Company Website and was interviewed in Nov 2022. There were 5 interview rounds.
posted on 16 Oct 2024
I applied via LinkedIn and was interviewed in Sep 2024. There were 2 interview rounds.
Report writing- you have to present a market research overview on any of industry you can visit on their website for same
Market trends can be analyzed by examining consumer behavior, industry reports, and economic indicators.
Examine consumer behavior through surveys and focus groups
Review industry reports and forecasts for insights
Monitor economic indicators such as GDP growth and inflation rates
Look for emerging technologies or innovations that could impact the market
Consider geopolitical events or regulatory changes that may influence
Guest estimate for any industry refers to the practice of predicting the number of guests or customers a business may expect to receive within a certain period of time.
Consider historical data and trends to make an educated guess
Take into account external factors such as seasonality, holidays, and economic conditions
Utilize forecasting models or software to help with the estimation process
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