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Confiance BizSol Private Limited
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Confiance BizSol Private Limited Accountant Interview Questions, Process, and Tips
Top Confiance BizSol Private Limited Accountant Interview Questions and Answers
- Q1. What is the bank Reconciliation statement ?
- Q2. How many types of accounts ?
- Q3. What is the balance sheet?
Confiance BizSol Private Limited Accountant Interview Experiences
3 interviews found
Accounting Questions like Journal entries 10 Main Question need to answer of 8 Accurately out of 10
(2 Questions)
- Q1. Explain 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 to match the revenue it generates.
Common methods of calculating depreciation include straight-line, double declining balance, and units of production.
Example: A company purchases a d...
- Q2. Explain Credit Memo
- Ans.
A credit memo is a document issued by a seller to a buyer, reducing the amount owed by the buyer.
Credit memos are typically issued for returns, discounts, or errors in billing.
They serve as a record of the reduction in the amount owed by the buyer.
Credit memos are often used in accounting to adjust accounts receivable or accounts payable.
Example: A customer returns a defective product and receives a credit memo for the
Normal writing test asking basics of accounting and prepare profit and loos account and balancesheet
Interview Preparation Tips
Manish Rathod
Selected
I applied via Walk-in and was interviewed in Mar 2023. There were 3 interview rounds.
(4 Questions)
- Q1. Technical questions
- Q2. What is the balance sheet?
- Ans.
The balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time.
It shows what a company owns (assets), what it owes (liabilities), and the residual interest of the owners (shareholders' equity).
The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.
It helps assess a company's financial he...
- Q3. How many types of accounts ?
- Ans.
There are five types of accounts in US accounting: assets, liabilities, equity, revenue, and expenses.
Assets: resources owned by a company, such as cash, inventory, and property
Liabilities: debts or obligations owed by a company, such as loans and accounts payable
Equity: the residual interest in the assets of a company after deducting liabilities
Revenue: income generated from the sale of goods or services
Expenses: cost...
- Q4. What is the bank Reconciliation statement ?
- Ans.
Bank Reconciliation statement is a document that compares the bank statement with the company's cash records.
It helps identify any discrepancies between the bank statement and the company's records.
It ensures that the company's cash balance is accurate and complete.
It includes adjustments for outstanding checks, deposits in transit, bank fees, and other transactions.
The statement reconciles the ending balance on the ba...
(1 Question)
- Q1. About Salary , ask the personal details...
Interview Preparation Tips
Top trending discussions
Interview questions from similar companies
Interview Questionnaire
5 Questions
- Q1. A Big Bazaar store had low profits for the last two months. Whats going on?
- Ans.
Low profits in Big Bazaar store for last two months.
Check if there is a decrease in footfall or sales.
Analyze the competition in the area.
Check if there are any supply chain issues.
Evaluate the marketing strategies and promotions.
Assess the economic conditions of the area.
Consider the impact of COVID-19 on consumer behavior.
Review the store's inventory management and pricing strategies.
- Q2. Heres some data about the quantity of a particular item sold in a store for the last few weeks. Any thoughts?
- Q3. You have two brands of milk that you can sell in your store,. Which one would you pick?
- Ans.
I would pick the brand that has a higher quality and better taste.
Check the quality and taste of both brands
Consider the price of each brand
Look at the expiration date of both brands
Consider the popularity of each brand among customers
- Q4. Why do you want to work at Dunnhumby?
- Ans.
I am passionate about data-driven insights and Dunnhumby's reputation as a leader in customer data science.
I am impressed by Dunnhumby's innovative approach to customer data science
I am excited about the opportunity to work with a talented team of data analysts
I am drawn to Dunnhumby's reputation for delivering actionable insights to clients
I believe that Dunnhumby's focus on customer-centricity aligns with my own valu...
- Q5. Tell me about this particular internship that you did
- Ans.
I interned at a marketing firm where I worked on social media campaigns and market research.
Assisted in creating social media content for clients
Conducted market research on target demographics
Analyzed data to improve campaign performance
Attended client meetings and presented findings
Learned about marketing strategies and industry trends
Interview Preparation Tips
Experience: 70 people shortlisted probably by cv and pre-assessment test results.
Round: Group Discussion
Experience: 70 shortlisted candidates were divided into 10 groups of 10. GD started, we sat in a circle around a table. All of us were handed a booklet and rough sheets. The interviewers told us that the booklet had three sections. Each section contained some data about a company followed by a question. We, as a group had to answer the three questions within one hour. He, himself suggested that we take twenty minutes per section - 5 mins to go through the data, fifteen to discuss and come to a conclusion. The first section gave us an idea about the company and asked some general questions about decreasing costs. Generic case study stuff. The next two sections were quant heavy. Required us to do a lot of calculations albeit simple. We divided the task among the group members. Ran out of time before solving the third question. Interviewer stepped in and helped us reach a conclusion. We were asked to leave the rough sheet behind. One of the longest and most civil Gds that I have attended. A wonderful experience.
Tips: Try to help move the discussion forward. Draw out your calculations and tables in the rough sheet. Let others speak, one hour is enough time for everyone to shine :).
Round: Case Study Interview
Experience: One interviewer. Small talks about the GD. A moderately long case followed by two short cases. The cases involved some quants. Nothing fancy. I did not follow any framework but he did not seem to mind. He helped me out any place that i got stuck. Asked me about why Dunnhumby. Nailed this answer. Did not ask a lot a questions from my cv, just about an internship i had done at a startup. Asked me whether i was comfortable with coding, told him i had not coded since my first year at college. That was it. Shaked hands and asked me to wait outside. HR came and told me i got the job.
Tips: Think out loud. Whatever you are thinking when looking at the tables or numbers, just speak them out loud for the interviewer so that he knows your thought process. Learn about the company a little bit before showing up for the interview. I was asked only cases, I heard others were asked guesstimates as well.
General Tips: Case in Point is more than enough as far as preparation is concerned. A good CV and CGPA helps. Don't worry, I myself lacked both :P
Skills: Ability To Work In A Team, Case Solving Ability, Quant+Math
College Name: IIT Kharagpur
Motivation: Wanted a job as an analyst with a good work-life balance and a moderately good pay.
Interview Preparation Tips
Experience: Pre-Assesment Test conducted in my college.
Consists of Quant, Verbal and logical reasoning.
Students who scored good in this test and had CG above 7 are shortlisted
Tips: Cat preparation would help
Practice aptitude for two months prior to placement season
Round: Group Discussion
Experience: A case was given and should be solved by the group of 8 people in an hour.
They will closely monitor the group and select the students who provide right insights, direct the group in right direction.
Tips: Avoid talking just for sake of talking.
Understand the case and then summarize what you understood.
Speak you idea and also discuss other ideas.
Make sure that the invigilator understands that you are good with cases.
Read Case in point or other case books to get in touch with different cases.
Duration: 60 minutes
Round: Case Study Interview
Experience: Asked few questions like Why Dunnhumy? Type of profiles you applied for? Tell me about your childhood? and few basic HR questions.
Asked a profitability case problem.Even though I did not solve the entire problem, my approach was right.
Gave some data and asked my inference.
Asked to calculate a problem without using pen and paper.
Tips: You need to be good with numbers.
You need to show them that you have the enthusiasm to learn things.
Skill Tips: Go through any good case book.
Show them you enjoy numbers.
Show them you like this work.
Skills: Case Solving Ability, Number Crunching, Ability To Make Quick Calculations
College Name: IIT Kharagpur
Analyst Interview Questions & Answers
Institutional Shareholder Services
Anonymous
posted on 9 Jul 2020
I applied via Recruitment Consultant and was interviewed in Jan 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Problem solving,Core Java,SQL queries,Design patterns,project based questions
I applied via LinkedIn and was interviewed in Sep 2022. There were 3 interview rounds.
Logical and data interpretation
Basic understanding of business
Interview Preparation Tips
I applied via Campus Placement and was interviewed in Jul 2024. There were 3 interview rounds.
20 MINUTES 15 QUESTIONS OF DATA INTERPETRATION
(3 Questions)
- Q1. INTRODUCE YOURSELF
- Ans.
I am a dedicated and detail-oriented analyst with a strong background in data analysis and problem-solving.
Experienced in conducting thorough research and interpreting complex data sets
Proficient in using analytical tools such as Excel, SQL, and Tableau
Skilled in identifying trends and patterns to provide valuable insights for decision-making
Excellent communication skills for presenting findings and recommendations to
- Q2. WHY THIS ROLE ?
- Ans.
I am passionate about analyzing data and providing valuable insights to drive strategic decision-making.
I have a strong background in data analysis and have successfully utilized various analytical tools and techniques in my previous roles.
I enjoy the challenge of interpreting complex data sets and identifying trends and patterns that can inform business strategies.
I am excited about the opportunity to work in a dynami...
- Q3. SIMPLE CASE STUDY
(2 Questions)
- Q1. CASE STUDY HARD ONE
- Q2. DIFFERENT SITUATIONS IN THE SAME PROLEM
- Ans.
Analyzing different situations within the same problem allows for a comprehensive understanding and effective solutions.
Identify the various factors contributing to the problem
Consider how each factor interacts with the others
Evaluate potential solutions based on the different scenarios
Adjust strategies as needed based on the changing circumstances
Selected
I applied via Referral and was interviewed before May 2023. There were 3 interview rounds.
Written assignment on an HR policy. Had to submit in word document
Profitability and market entry case studies
(1 Question)
- Q1. Interview with the partner
Vineet Karmakar
I applied via Campus Placement and was interviewed in Sep 2024. There were 2 interview rounds.
Moderate level qurestions and the aptitude was in online mode . I applied through campus
Second round was guesstimate round in which the interviewer asked me the number of Tyres sold in India in a single year
Interview Preparation Tips
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Confiance BizSol Private Limited Interviews By Designations
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Confiance BizSol Private Limited Accountant Interview Process
based on 4 interviews
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