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DNV Senior Accountant Interview Questions and Answers
DNV Senior Accountant Interview Experiences
1 interview found
Anonymous
(1 Question)
- Q1. Those who are looking job in DNV must have all accounting concept clear knowledge, focus on revenue recognition, basic accounting entries, Accruals, prepayment, FA all accounting, leases, etc
(1 Question)
- Q1. Basic accounting
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(5 Questions)
- Q1. What type account
- Ans.
The type of account refers to the classification of accounts based on their nature and purpose.
There are five main types of accounts: assets, liabilities, equity, revenue, and expenses.
Assets are resources owned by the company, such as cash, inventory, and equipment.
Liabilities are obligations owed by the company, such as loans and accounts payable.
Equity represents the owner's stake in the business.
Revenue is the inco...
- Q2. What is bank reconciliation
- Ans.
Bank reconciliation is the process of comparing and matching the balances in a company's accounting records with the balances on its bank statement.
Bank reconciliation helps ensure that all transactions are recorded accurately in the company's books.
It involves comparing the company's records of its bank account with the bank statement to identify any discrepancies.
Common reasons for discrepancies include outstanding c...
- Q3. Any five tangible Assets
- Ans.
Tangible assets are physical assets that can be seen and touched.
Real estate
Machinery
Vehicles
Inventory
Furniture and fixtures
- Q4. What is current Assets
- Ans.
Current assets are assets that are expected to be converted into cash or used up within one year.
Includes cash, accounts receivable, inventory, and prepaid expenses
Listed on the balance sheet under assets
Helps determine a company's liquidity and ability to pay off short-term obligations
- Q5. Gold rule of Accounting
- Ans.
The gold rule of accounting states that debits must equal credits in every financial transaction.
Debits must always equal credits in accounting entries
It is the foundation of double-entry accounting
Helps ensure accuracy and balance in financial records
Interview Preparation Tips
I applied via Walk-in and was interviewed in Oct 2023. There were 2 interview rounds.
(6 Questions)
- Q1. Dividend payable journal entry
- Q2. Shareholder expenses journal entry
- Q3. Income tax provision
- Q4. Goods purchased and discount received JE
- Q5. R&S, provision, prepaid, Accrued, Deferred Revenue. Meaning and journal entries
- Q6. GST input setoff entries
I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.
(1 Question)
- Q1. Self introduce , skills, Education
Ravi Kukreti
I applied via Walk-in and was interviewed in Dec 2023. There were 2 interview rounds.
(1 Question)
- Q1. Just asked your resume
(1 Question)
- Q1. Bank statement , TDs , gst r1 and 3b
Interview Preparation Tips
(2 Questions)
- Q1. What is the journal entry for accounts payable
- Ans.
The journal entry for accounts payable is a credit to accounts payable and a debit to the corresponding expense or asset account.
Accounts payable is a liability account that represents the amount owed to suppliers or vendors for goods or services received.
When recording the journal entry for accounts payable, the accounts payable account is credited to increase the liability.
The corresponding expense or asset account i...
- Q2. What is the journal entries for acvounts recievable
- Ans.
Journal entries for accounts receivable record the increase and decrease in the amount owed by customers.
When a sale is made on credit, the journal entry debits accounts receivable and credits sales revenue.
When a customer makes a payment, the journal entry debits cash and credits accounts receivable.
If a customer returns goods, the journal entry debits sales returns and allowances and credits accounts receivable.
If an...
I applied via Approached by Company and was interviewed in Dec 2022. There were 2 interview rounds.
(2 Questions)
- Q1. Why should we hire you?
- Q2. What is the wrost boss and best bosa
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed before Apr 2023. There was 1 interview round.
Basic concepts, journal entries.
Interview Preparation Tips
I was interviewed in Feb 2023.
(2 Questions)
- Q1. Self introduction and about qualifications
- Q2. About my self and about qualifications and salary
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed in Dec 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. What is working capital. Why working capital negative
- Ans.
Working capital is the measure of a company's liquidity and operational efficiency. It represents the difference between current assets and current liabilities.
Working capital is the amount of money available to a company for its day-to-day operations.
It is calculated by subtracting current liabilities from current assets.
Positive working capital indicates that a company has enough assets to cover its short-term liabil...
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DNV Senior Accountant Reviews and Ratings
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