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Carnival Motion Pictures Senior Executive Finance & Accounts Interview Questions and Answers

Updated 3 Jun 2024

Carnival Motion Pictures Senior Executive Finance & Accounts Interview Experiences

2 interviews found

I applied via Job Portal and was interviewed in Sep 2022. There were 4 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 - HR 

(1 Question)

  • Q1. Telephonic round - Current job details, duties
Round 3 - Technical 

(1 Question)

  • Q1. Tally, Excel technical questions
Round 4 - One-on-one 

(1 Question)

  • Q1. Questions related Current duties, experience, tally, MIS, Invoice process, payment process, Gst

Interview Preparation Tips

Topics to prepare for Carnival Motion Pictures Senior Executive Finance & Accounts interview:
  • Accounting
  • Excel
  • Tally
  • Invoice Processing
Interview preparation tips for other job seekers - Be prepared for technical questions and most importantly Be confident
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed before Jun 2023. There were 3 interview rounds.

Round 1 - Phone 

(2 Questions)

  • Q1. Past job duties
  • Q2. Accounting Basic Question's
Round 2 - Technical 

(1 Question)

  • Q1. Tally Ms. Office Test
Round 3 - One-on-one 

(3 Questions)

  • Q1. Accounting Questions
  • Q2. GST, TDS, MIS BUDGETING
  • Q3. Billing process

Interview questions from similar companies

I applied via campus placement at Institute of Chartered Accountant of India (ICAI) and was interviewed in Apr 2022. There were 3 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 - Aptitude Test 

Logical and reasoning test with various diagrams and guessing the last image in the sequence. Grammar test.

Round 3 - HR 

(2 Questions)

  • Q1. Introduce yourself, take me through your resume, family background
  • Q2. How would you analyse a company, current affairs

Interview Preparation Tips

Topics to prepare for LTIMindtree Senior Executive Finance & Accounts interview:
  • Finance
  • Taxation
  • Accounts
  • Investments
Interview preparation tips for other job seekers - Be prepared for current affairs questions
If you've scored good marks in any subject, expect questions on that as well

I applied via Approached by Company and was interviewed in Nov 2021. There was 1 interview round.

Round 1 - Technical 

(4 Questions)

  • Q1. Tell me 5 steps of ind as 115
  • Ans. 

    Ind AS 115 is a revenue recognition standard that outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers.

    • Identify the contract with the customer

    • Identify the performance obligations in the contract

    • Determine the transaction price

    • Allocate the transaction price to the performance obligations

    • Recognize revenue when (or as) the entity satisfies a performance o

  • Answered by AI
  • Q2. How the accounting is to be done in ind as 102 shate base payment
  • Ans. 

    Accounting for share-based payments under Ind AS 102

    • Determine the fair value of the share-based payment

    • Recognize the fair value as an expense over the vesting period

    • Create a liability for the fair value of the share-based payment

    • Disclose the details of the share-based payment in the financial statements

  • Answered by AI
  • Q3. What is difference between ind as 116 and as 16
  • Ans. 

    Ind AS 116 is the Indian version of IFRS 16, while AS 16 is the old Indian accounting standard for leases.

    • Ind AS 116 is effective from April 1, 2019, while AS 16 was effective from April 1, 2001.

    • Ind AS 116 requires lessees to recognize most leases on their balance sheet, while AS 16 only required finance leases to be recognized on the balance sheet.

    • Ind AS 116 eliminates the distinction between operating and finance lea...

  • Answered by AI
  • Q4. Difference between fair value and intric value
  • Ans. 

    Fair value is the estimated worth of an asset or liability, while intrinsic value is the true underlying value of an asset or liability.

    • Fair value is determined based on market prices or valuation techniques, while intrinsic value is calculated based on fundamental analysis.

    • Fair value is used for financial reporting and accounting purposes, while intrinsic value is used for investment decision-making.

    • Fair value can flu...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Always stay confident and you should prepare basic question related to ind as

Interview Preparation Tips

Round: Test
Experience: I was asked a few questions regarding Excel ... Vlookup, sumif, pivot table, calculate ageing by today date, sumproduct etc

Round: Test
Experience: I was given an agreement & a question paper, I needed to read the agreement & solved the questions given on question paper .

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(5 Questions)

  • Q1. Explain budgeting
  • Ans. 

    Budgeting is the process of creating a plan to manage income and expenses over a specific period of time.

    • Involves estimating income and expenses

    • Setting financial goals

    • Monitoring actual performance against the budget

    • Adjusting the budget as needed

    • Common types include operating budgets, capital budgets, and cash budgets

  • Answered by AI
  • Q2. Explain forecasting
  • Ans. 

    Forecasting is the process of making predictions about future trends based on past and present data.

    • Forecasting involves analyzing historical data to identify patterns and trends

    • Different methods such as qualitative and quantitative analysis can be used for forecasting

    • Common techniques include time series analysis, regression analysis, and econometric modeling

    • Forecasting helps businesses make informed decisions and pla...

  • Answered by AI
  • Q3. Explain revenue recognition
  • Ans. 

    Revenue recognition is the process of recording revenue in a company's financial statements when it is earned.

    • Revenue is recognized when it is realized or realizable and earned, regardless of when cash is received.

    • It is important to match revenues with expenses in the period they are incurred to accurately reflect the financial performance of a company.

    • Different industries may have specific guidelines for revenue recog...

  • Answered by AI
  • Q4. Rent accured ledger entry
  • Q5. Why is asset recognised or depreciated in balance sheet
  • Ans. 

    Assets are recognized in the balance sheet to reflect the company's resources and their value, while depreciation is recorded to allocate the cost of assets over their useful life.

    • Assets are recognized in the balance sheet to show the company's resources and their value.

    • Depreciation is recorded to allocate the cost of assets over their useful life.

    • Recognizing assets and depreciating them helps in accurately reflecting ...

  • Answered by AI
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Account payable?
  • Q2. Difference between Profit & Revenue
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(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

  • Answered by AI
  • 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.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Hjh

Skills evaluated in this interview

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(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

  • Answered by AI
Round 2 - One-on-one 

(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 ...

  • Answered by AI
  • Q2. What do you know about your local area

Interview Preparation Tips

Interview preparation tips for other job seekers - Online

Financial Analyst Interview Questions & Answers

Amazon user image Kirti Ranjan Das

posted on 20 Nov 2023

Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Oct 2023. There were 7 interview rounds.

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 - Aptitude Test 

Concentrate on the questions and answer accordingly. I am sure it can be cracked within the time limit

Round 3 - One-on-one 

(1 Question)

  • Q1. It was an operational round completely based on experience and a situation that you have experience and how you have tackeled it and was there any other way it can be tackled.
Round 4 - One-on-one 

(1 Question)

  • Q1. It was also an operational round and the questions were around the improvement idea's, lean ideas and implementation of those ideas in the process that I am working.
Round 5 - One-on-one 

(1 Question)

  • Q1. It was also an operational round where the questions were acound issues and problems in the transition process. How the improvement ideas have helped in increasing productivity, reducing manual efforts and...
Round 6 - One-on-one 

(1 Question)

  • Q1. It was also an operational round in which the questions were basically around how to improve quality of work and implement ideas for a target driven process.
Round 7 - One-on-one 

(1 Question)

  • Q1. This was also an operational round but the questions were more around ensuring quality of work, ensuring one time resolutions and what are the different ways to achieve these with the experience you carry,...

Interview Preparation Tips

Interview preparation tips for other job seekers - The answers should have data points.
Ex- When you have started what was the number and post adding your ideas and experiences how the number has changed and as a process owner how you were able to track the change.
Like you can say when I started the profit was 10% but it grow upto 15%, you should have a valid example and you ahould be able to justify your answer with the data points in your current job.

Carnival Motion Pictures Interview FAQs

How many rounds are there in Carnival Motion Pictures Senior Executive Finance & Accounts interview?
Carnival Motion Pictures interview process usually has 3-4 rounds. The most common rounds in the Carnival Motion Pictures interview process are Technical, One-on-one Round and Resume Shortlist.
What are the top questions asked in Carnival Motion Pictures Senior Executive Finance & Accounts interview?

Some of the top questions asked at the Carnival Motion Pictures Senior Executive Finance & Accounts interview -

  1. Questions related Current duties, experience, tally, MIS, Invoice process, paym...read more
  2. Tally, Excel technical questi...read more
  3. GST, TDS, MIS BUDGET...read more

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based on 2 Carnival Motion Pictures interviews
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50%
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