Fiat India Automobiles Accountant Interview Questions and Answers

The CEO of the company comes to us and give us to discuss in group

The CEO gave us a assignment to clear the installment files

Q1. What is Balance sheet?
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are listed on one side, liabilities and shareholders' equity on the other.

• The balance sheet equation is Assets = Liabilities + Shareholders' Equity.

• Example: If a company has $100 in assets, $60 in liabilities, and $40 in s...read more
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Q2. Difference between the Debit and Credit ?
Ans. 
Debit increases assets and expenses, while credit increases liabilities, equity, and revenue.
• Debit is on the left side of an accounting entry, while credit is on the right side.

• Debit increases assets and expenses, while credit increases liabilities, equity, and revenue.

• Debit balance is positive, while credit balance is negative.

• Debit is abbreviated as 'Dr' and credit as 'Cr'.
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Q3. Tell me about yourself?
Ans. 
Experienced accountant with a strong background in financial analysis and reporting.
• Over 5 years of experience in accounting roles

• Proficient in financial statement preparation and analysis

• Skilled in budgeting and forecasting

• Strong attention to detail and accuracy

• Excellent communication and interpersonal skills
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Q4. Tell me about your internship experience?
Ans. 
I completed a 6-month internship at a CPA firm where I gained hands-on experience in financial analysis and reporting.
• Assisted in preparing financial statements and reports

• Conducted audits and reconciliations

• Utilized accounting software such as QuickBooks

• Collaborated with team members on various projects
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Q5. Tell me about MS Excel, vlookup, how to use?
Ans. 
MS Excel is a spreadsheet program used for data analysis and organization. VLOOKUP is a function used to search for a value in a table.
• MS Excel is a powerful tool for organizing and analyzing data

• VLOOKUP is a function in Excel used to search for a value in a table and return a corresponding value

• To use VLOOKUP, you need to specify the value to search for, the range to search in, the column index to return the value fro...read more
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Q1. Nilesh Nahata sir
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Q2. Silk and expression
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Q3. And knowledge with my accountant realted
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Q4. Experience in workrealted
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Q5. And knowledge in accountant skils
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Q6. Communication and body language
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Q7. Knowledge in work process
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Costing and factory work

Q1. Know about gd&t and application
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Q2. What is your responsibility to current organization
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Q1. 1) About starter motor 2) Failures seen and analysis done in starter motor so far 3)One of the challenging tasks carried out 4)Circuit diagrams - Rectifier, starting circuit 5)Any new learning?
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Q1. 1) Whereabouts 2) Ambition 3) Where do i see myself 5 years later 4) What i know about RE?
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Objective question asked
Read thought

Q1. One on one round interview Quality assurance Process details Product audit Spc
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Q2. Spc Ppap Fmea Ims QMS
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General Aptitude test , Reasoning

Q1. Technical test with Mechanical background
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Q2. Projects done during academic
Ans. 
During my academic years, I completed several projects related to marketing and business management.
• Developed a marketing plan for a local restaurant as part of a marketing course

• Conducted a market research project on consumer behavior for a business management course

• Created a business plan for a startup as part of an entrepreneurship course

• Collaborated with a team to develop a social media strategy for a nonprofit org
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