Cognis Solutions Interview Questions, Process, and Tips

Aptitude test contain total 35 questions out of which 15 questions from English 10 questions from reasoning rest from mathematics

Q1. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.

• It is used to spread the cost of an asset over its useful life for accounting and tax purposes.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Example: A company purchases a del...read more
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Q2. What is balance sheet
Ans. 
A balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position

• Assets are listed on the left side, liabilities and equity on the right side

• The balance sheet must balance, meaning assets = liabilities + equity

• It helps investors and analysts assess the financial health of a company
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Q3. What is trial balance
Ans. 
Trial balance is a statement that lists all the general ledger accounts and their balances to ensure that debits equal credits.
• Trial balance is prepared at the end of an accounting period to check the accuracy of the ledger accounts.

• It lists all the accounts with their debit or credit balances.

• The total debits should equal the total credits in the trial balance.

• If the trial balance does not balance, it indicates errors...read more
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Q1. Are you comfortable for night sift
Ans. 
Yes, I am comfortable with night shifts as I have previous experience working during those hours.
• I have previous experience working night shifts at my previous job

• I am able to adjust my schedule to accommodate night shifts

• I understand the importance of being alert and focused during night shifts
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Q2. Do you have knowledge of accounting
Ans. 
Yes, I have knowledge of accounting including financial statements, bookkeeping, and budgeting.
• I have experience with preparing financial statements such as balance sheets and income statements.

• I am familiar with bookkeeping practices and maintaining accurate financial records.

• I have worked on budgeting processes and analyzing financial data to make informed decisions.

• I am proficient in using accounting software like Q
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Q1. Oops concepts Sql query
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Q1. Oops concepts Sql queries Basic java question and framework Basic java coding
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