Eviden Financial Associate Interview Questions and Answers

Q1. Are you ready to relocate
Ans. 
Yes, I am open to relocating for the right opportunity.
• I am willing to relocate for the right job opportunity that aligns with my career goals.

• I have experience moving for previous job positions and am comfortable with the process.

• I am excited about the possibility of exploring a new city and culture through relocation.
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Q2. Your expectations
Ans. 
I expect challenging work, opportunities for growth, supportive team, and fair compensation.
• Challenging work that allows me to utilize my skills and knowledge

• Opportunities for professional growth and advancement within the company

• A supportive team environment where collaboration and communication are valued

• Fair compensation and benefits for the work I am doing
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It was an online aptitude test

Q1. Golden rules of accounting
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules help ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.

• For example, when a company receives ...read more
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Q2. Difference between capital and revenue expenditure
Ans. 
Capital expenditure is for long-term assets, while revenue expenditure is for day-to-day expenses.
• Capital expenditure is for acquiring or improving long-term assets, such as buildings or equipment.

• Revenue expenditure is for day-to-day expenses like salaries, rent, and utilities.

• Capital expenditure is usually non-recurring and adds value to the business over time.

• Revenue expenditure is recurring and is necessary to keep...read more
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Q1. What do you know about Atos
Ans. 
Atos is a global leader in digital transformation, providing IT services and consulting.
• Atos is a multinational IT services corporation based in France

• It offers services in areas such as cybersecurity, big data, and cloud computing

• Atos has a strong presence in various industries including healthcare, finance, and manufacturing
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Q1. Why did you leave your previous job?
Ans. I was working in a different industry -banking, hence wanted to be in finance sector.
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Q2. I didn't wanted to continue banking any more.
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Excel with problem statement like pivot, etc.

Q1. Finance and accounting knowledge screened
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Q2. Basic concepts about accounts payable, collection, cash application, general ledger, billing and project accounting
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General aptitude questions were being asked.

Q1. What is revenue expenditure
Ans. 
Revenue expenditure refers to the costs incurred by a business to maintain its operations and generate revenue in the short term.
• Includes expenses for raw materials, utilities, salaries, rent, and repairs

• These costs are deducted from revenue in the same accounting period

• Helps in generating immediate benefits for the business

• Contrast with capital expenditure which involves long-term investments
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Q2. What is capital expenditure
Ans. 
Capital expenditure refers to funds used by a company to acquire, upgrade, or maintain physical assets such as property, buildings, or equipment.
• Capital expenditure is a long-term investment in the company's infrastructure or assets.

• It is not considered a regular operating expense, but rather an investment in the company's future growth.

• Examples include purchasing new equipment, building a new facility, or upgrading te...read more
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Q1. What do you know about Atos
Ans. 
Atos is a global leader in digital transformation, providing IT services and consulting.
• Atos is a multinational IT services corporation based in France

• They specialize in digital transformation, cybersecurity, cloud services, and high-performance computing

• Atos has a strong presence in various industries including healthcare, finance, and manufacturing
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Q2. Salary was being discussed
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Q1. General Accounting questions
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