Dua Associates Interview Questions and Answers

This test is an offline assessment covering math, logical reasoning, and English grammar. However, it holds less importance as HR will primarily focus on your process-related work experience, communication skills, knowledge about the company, and understanding of the process, especially if you are a fresher.

Q1. Tell me about yourself.
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Q2. Tell me in brief about your work experience.
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Q3. When did you leave your previous organization and why?
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Q4. Are you an immediate joiner or what is your notice period?
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Q5. Do you know about cogneesol?
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Q6. I will shortlisted you for the next round wait for it, or take a break.
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Q1. He/she will look at your resume and ask about your salary expectations.
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Q2. Show me your last salary slip or appraisal letter.
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Q3. We will provide your "XX" amount per month where "X" will be fixed and "Y" will be your NSA and incentives. If you are ready we will provide you an offer letter immediately.
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• participate actively

• listen to

• Interact with each other with respect

• Try to reach a compromise or decision together

• Keep your words clear

• Respect different opinions

Q1. Past company experience
Ans. 
I have 5 years of experience working as a Process Associate at a multinational company.
• Managed and optimized various processes to improve efficiency

• Collaborated with cross-functional teams to implement new strategies

• Analyzed data and generated reports for management review

• Trained new employees on company processes and procedures
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Q1. Core related experience and skills
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Q2. Accounting tools ?
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Q1. Salary discussion
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Questionare needs to be filled within 1 hour

Q1. Managerial Round
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Q2. Intro, Steps to make an impact on given position, why did u leave previous Org
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Q1. Tell me something about yourself
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Q2. Brief about your previous Org
Ans. 
I worked at a retail company specializing in home goods.
• Managed a team of 10 sales associates

• Implemented new sales strategies to increase revenue by 15%

• Handled customer complaints and resolved issues effectively
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Q1. Tell me about yourself?
Ans. 
I am a detail-oriented and analytical individual with a strong background in accounting and auditing.
• Graduated with a degree in Accounting

• Completed internships at accounting firms

• Strong understanding of auditing principles

• Proficient in financial analysis and reporting
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Q2. Ind As related questions and entire CV based questions
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Q3. WHAT IS MATERIALITY?
Ans. 
Materiality is the concept of determining the significance or importance of an item or event in relation to the financial statements.
• Materiality helps auditors decide what information to focus on during an audit

• It is based on the size, nature, and circumstances of an item or event

• Materiality is subjective and can vary depending on the context

• Examples include large dollar amounts, significant errors, and key transaction
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Q4. HOW TO CALCULATE MATERIALITY?
Ans. 
Materiality is calculated based on factors like size, nature, and risk of the financial statements.
• Determine the base amount for materiality (e.g. total assets, total revenue)

• Apply a percentage to the base amount to calculate materiality threshold (e.g. 5% of total assets)

• Consider qualitative factors like the nature of the entity, industry regulations, and potential impact on users of the financial statements

• Adjust mat...read more
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Q5. HOW TO DO AUDIT OF COMPANY?
Ans. 
Audit of a company involves examining financial records, internal controls, and compliance with regulations.
• Understand the company's business operations and industry standards

• Review financial statements and supporting documents

• Assess internal controls and identify any weaknesses

• Test transactions for accuracy and completeness

• Ensure compliance with laws and regulations

• Prepare audit reports with findings and recommendatio
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Q1. What do you know about International tax?
Ans. 
International tax refers to the taxation of income in multiple countries, often involving complex rules and regulations.
• International tax involves determining how much tax a person or company owes in different countries based on their income and activities.

• It can be influenced by tax treaties between countries, transfer pricing rules, and foreign tax credits.

• Multinational corporations often face challenges in complying...read more
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Q2. What is Transfer Pricing?
Ans. 
Transfer pricing is the setting of prices for goods and services sold between related entities within an organization.
• Transfer pricing is used to determine the cost of goods and services transferred between different divisions or subsidiaries of a company.

• It helps in allocating profits and costs appropriately among different parts of the organization.

• Transfer pricing is important for tax purposes to ensure that transac...read more
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Q3. Why was transfer Pricing introduced?
Ans. 
Transfer pricing was introduced to prevent tax evasion and ensure fair pricing between related entities.
• To prevent tax evasion by multinational companies

• To ensure fair pricing between related entities

• To prevent profit shifting to low-tax jurisdictions

• To comply with international tax regulations such as OECD guidelines
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Q4. Recent finance amendments (budgets)
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Recent finance amendments in budgets impact financial regulations and policies.
• Introduction of new tax laws or changes in existing tax rates

• Updates on government spending priorities and allocations

• Revisions to financial reporting standards

• Changes in import/export duties or tariffs

• Introduction of stimulus packages or economic relief measures
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Q5. Current affairs
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Student good expeieng just knowledege very best commerce 12 class pass

Q1. Why do you think travel going to important
Ans. 
Travel is important for personal growth, cultural understanding, and relaxation.
• Travel allows individuals to experience new cultures and broaden their perspectives

• It provides opportunities for personal growth and self-discovery

• Travel can help reduce stress and improve mental health

• Exploring new destinations can create lasting memories and enrich one's life

• Business travel is essential for networking and expanding profes
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Q2. But ia m student travel tried it
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