Case New-Holland Construction Equipment India Cost Accountant Interview Questions and Answers

Q1. Please tell me about yourself
Ans. Without hesitation confidentially tell your self, like that beginning from name, your education history, about your family, married life point, etc
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Q2. Currently where are you doing work
Ans. Tell about your company name and company details, profile
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Q3. Tell me your job profile
Ans. Before this question answer please be prepared ,like that to be fully confidential, and then tell about your company job position, your working areas which is your under cover, and tell your step by step work routine
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Q4. This is common question, that why are you left current job
Ans. Simple answer, this is better aportunity for my progressive life many learning point here
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I think this round always discuss with related department so please seriously prepared for this round because this round decide your life chance, so please fully study your job profile and working areas point

Q1. TDS /ITR /TAXATION
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Q2. GST
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Q1. Self introduction
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Q2. General knowledge
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Q1. Some costs were provided and we have to distinguish if it were fixed or variable cost
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Q2. What is NPV and IRR
Ans. 
NPV (Net Present Value) is a financial metric that calculates the difference between the present value of cash inflows and outflows. IRR (Internal Rate of Return) is the discount rate that makes the net present value of all cash flows from a particular project equal to zero.
• NPV helps in determining the profitability of an investment by comparing the present value of expected cash inflows with the present value of expec...read more
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Q1. What are the Operational difficulties faced with logistics flow
Ans. 
Operational difficulties in logistics flow include transportation delays, inventory management, and communication breakdowns.
• Transportation delays due to traffic, weather, or mechanical issues can disrupt the flow of goods.

• Inventory management challenges include stockouts, overstocking, and inaccurate tracking.

• Communication breakdowns between different parties involved in the logistics process can lead to delays and er...read more
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Q2. Kaizen improvement made for seamless material flow against production orders
Ans. 
Implemented Kaizen principles to improve material flow for efficient production
• Conducted value stream mapping to identify bottlenecks

• Implemented visual management tools such as kanban to improve material flow

• Standardized work processes to reduce variability and improve efficiency

• Trained team members on Kaizen principles and encouraged continuous improvement

• Reduced lead time for production orders by 20% through Kaizen i
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Cost optimization through process improvements

Q1. Situation task action result oriented questions
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Q1. What is ABC costing
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ABC costing is a method of cost accounting that identifies the activities that drive costs and assigns those costs to products or services.
• ABC costing stands for Activity-Based Costing

• It is used to allocate indirect costs to products or services based on the activities that drive those costs

• It helps in identifying the true cost of a product or service

• Example: A company that produces multiple products can use ABC costin...read more
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Q2. What are variance analysis and formulas
Ans. 
Variance analysis is a tool used to compare actual results to budgeted or expected results.
• It helps identify areas where actual results differ from expected results

• Formulas used in variance analysis include: variance = actual - budgeted, variance percentage = (variance / budgeted) * 100

• Variance analysis can be used in various areas such as finance, accounting, and operations management

• Example: If a company budgeted $10...read more
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Q3. Questions on work experience
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Q4. General costing related questions
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Q5. Personality assessment questions
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Q1. 1. About Maintenance activities, preventive maintenance, Mttr and Mtbf. 2.There are asking about documents related to maintenance and EHS. About LOTO systems. Kaizens, work permit systems
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Q2. Related to EHS, types of fire extinguishers. Scrap disposal and 5S.
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Q1. GD&T knowledge in Welding
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Q2. Process sheet creation
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