Everest Industries Accountant Interview Questions and Answers

Words, relations, mcqs

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Q1. What's is debit and credit
Ans. 
Debit and credit are the two sides of every financial transaction. Debit is an entry on the left side, and credit is an entry on the right side.
• Debit represents an increase in assets or a decrease in liabilities or equity.

• Credit represents a decrease in assets or an increase in liabilities or equity.

• Debit and credit must always balance in every transaction.

• For example, when a company purchases inventory with cash, the ...read more
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Q2. What's are Depreciation
Ans. 
Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors.
• Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.

• It is calculated based on the useful life of the asset and the method of depreciation chosen.

• Examples of assets that are subject to depreciation include buildings, vehicles, and equipment.

• Depreciation can be straight-l...read more
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Q1. Reason for joining our company
Ans. 
I am impressed by the company's commitment to innovation and employee development.
• I am excited about the opportunities for growth and advancement within the company.

• I admire the company's strong reputation in the industry.

• I believe in the company's values and mission statement.
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Q2. Technical questions related to your core
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Q3. How would you increase productivity.
Ans. 
Increasing productivity can be achieved by setting clear goals, providing proper training, offering incentives, and promoting a positive work environment.
• Set clear goals and expectations for employees to work towards.

• Provide proper training and resources to help employees perform their tasks efficiently.

• Offer incentives such as bonuses or rewards for meeting or exceeding productivity targets.

• Promote a positive work env...read more
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Q1. Specialist Of Packing Plant Mechanical Maintenance and Packing Plant Commercial Operations, Utility , Compressor And Pump Maintenance
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Q2. Specialist Of Fls ventomatic
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Q1. Audit standards
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Q2. Internal controls
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Q1. Experience of last company
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Q2. Why you are looking for change
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