Citco Senior Accountant Interview Questions and Answers

Q1. What are the technical questions in an interview
Ans. Technical questions are questions that are designed to assess your specific knowledge and skills related to technical aspects of a job
Answered by Raj Tufail
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Q2. These can include questions about programming languages, software tools,
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Q1. Tell me what are your strengths and weakness
Ans. 
My strengths include attention to detail, strong analytical skills, and ability to work well under pressure. My weakness is that I can be overly critical of my own work.
• Strengths: attention to detail

• Strengths: strong analytical skills

• Strengths: ability to work well under pressure

• Weakness: overly critical of my own work
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Aptitude test
There will be 4 sections
English grammer, maths, reasoning and logical thinking

Q1. Explain in detail about accounts
Ans. 
Accounts refer to the financial records of an organization that track its transactions and financial position.
• Accounts are used to record financial transactions such as sales, purchases, and expenses.

• They help in tracking the financial position of an organization by maintaining records of assets, liabilities, and equity.

• Accounts are classified into different categories such as revenue, expenses, assets, liabilities, an...read more
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Q2. Explain about gst and it's pro's and cons
Ans. 
GST is a value-added tax levied on goods and services in India.
• Pro's: Simplifies tax structure, reduces tax evasion, promotes ease of doing business

• Cons: Initial implementation challenges, increased compliance burden for small businesses

• Example: GST replaced multiple indirect taxes like VAT, service tax, excise duty, etc.

• Example: GST has different tax rates for different goods and services, ranging from 0% to 28%

• Exampl...read more
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