Deloitte Accountant Interview Questions and Answers for Freshers

Interaction between two person, share their knowledge, skills and relevant qualifications for the position.

Aptitude test is to test the candidates IQ level and their grasping power towards organizations... Using tricky mathematics to test candidates knowledge.

Q1. What is CMMI expand and what is sweep account. What is marginal cost what js expense nd expenditure
Ans. 
CMMI is a process improvement model. Sweep account is a bank account. Marginal cost is the cost of producing one additional unit. Expense is a cost incurred in the normal course of business. Expenditure is a payment made for goods or services.
• CMMI stands for Capability Maturity Model Integration and is a process improvement model used in software development.

• Sweep account is a bank account that automatically transfers ...read more
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Q2. What is depreciation what is fixed assets some eg. What is capital gains
Ans. 
Depreciation is the decrease in value of an asset over time. Fixed assets are long-term assets that are not easily converted to cash. Capital gains are profits from the sale of an asset.
• Depreciation is the allocation of the cost of an asset over its useful life

• Fixed assets are tangible assets that are expected to provide economic benefits for more than one year

• Examples of fixed assets include buildings, machinery, and ...read more
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Q3. What is capital exp .what is the abbreviation for debtors
Ans. 
Capital exp refers to expenses incurred for acquiring or improving fixed assets. Abbreviation for debtors is DR.
• Capital exp is a long-term investment in assets that will benefit the company for many years.

• Examples of capital exp include purchasing a new building or machinery.

• Debtors are customers who owe money to the company for goods or services provided.

• The abbreviation for debtors is DR, which is used in accounting
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Q4. What is the abbreviations for creditor
Ans. 
The abbreviation for creditor is CR.
• CR stands for creditor

• CR is used in accounting and finance

• CR is the opposite of debtor (DR)
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Interaction between two person, share their knowledge, skills and relevant qualifications for the position.

Aptitude test is to test the candidates IQ level and their grasping power towards organizations... Using tricky mathematics to test candidates knowledge.