Consero Global Solutions Interview Questions, Process, and Tips

English Grammer and Exel knowledge skills

Q1. General accounting questions and case studies
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Q2. What is prepaid and prepaid JE
Ans. 
Prepaid refers to expenses paid in advance, while prepaid JE stands for prepaid journal entry which records the prepayment in accounting books.
• Prepaid expenses are costs that have been paid for in advance but have not yet been incurred.

• Prepaid JE is a journal entry that records the prepayment as an asset on the balance sheet.

• Example: Prepaid rent is a common prepaid expense where rent is paid in advance for future mont...read more
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Q1. Self introduction
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Q2. Current CTC and also how much your expectations
Ans. 
Current CTC is $80,000 and expectations are $90,000.
• Current CTC is $80,000

• Expectations are $90,000
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Q3. Your family background
Ans. 
I come from a close-knit family with a diverse background and strong values.
• My family consists of my parents, two siblings, and grandparents.

• We have a mix of cultural backgrounds, with influences from Indian, Chinese, and American traditions.

• Family gatherings are important to us, and we often celebrate holidays and special occasions together.

• My parents have always emphasized the importance of education and hard work.

• I ...read more
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Q4. How many years of experience in functionala consultent
Ans. 
I have 5 years of experience as a Functional Consultant.
• I have worked in various industries such as IT, healthcare, and finance.

• I have successfully implemented ERP systems for multiple clients.

• I have experience in requirement gathering, process mapping, and user training.

• I have strong analytical and problem-solving skills.

• I have a proven track record of delivering projects on time and within budget.
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English test round 1

Test related to aptitud

Q1. Unbilled revenue, unearned income, BRS
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Basic questions only

Q1. Basic accounting questions only about accruals prepaid
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Q2. What is accruals
Ans. 
Accruals are adjustments made to financial statements to ensure that revenues and expenses are recognized in the period they occur, regardless of when cash is exchanged.
• Accruals help match revenues and expenses to the period in which they are incurred

• They are necessary for accurate financial reporting

• Examples include accrued interest, accrued wages, and accrued taxes
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After Resume screening, the candidate will receive a mail to finish online assessments 1) Communication Test (15Minutes)
2) Aptitude Test (50Minutes) 50 questions.
Level of difficulty--- Medium

Q1. After Aptitude and communication tests the candidate has to appear one on one interview virtually. Its a technical round questions are based on JD and Accounting general ledgers and journal entries.
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Q2. Gross margin, COGS, Journal entries, Bank Reconciliation based questions.
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Q1. Tell me About yourself
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Email assignment, Communication skills assessment

Q1. Accounting entries related to Sale of Fixed assets
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Q2. Accounting entry related to Provision of Bad debts
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Q3. Unbilled revenue definition
Ans. 
Unbilled revenue refers to revenue that has been earned but not yet invoiced to the customer.
• Unbilled revenue is recognized on the income statement as a liability until it is invoiced.

• It represents work that has been completed but not yet billed to the customer.

• Common in service-based industries where work is done before invoicing, such as consulting or legal services.
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Q4. Deferred revenue definitions
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