FinAcct Technologies Interview Questions and Answers

Q1. Accounting information
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Q2. What are the golden rules
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The golden rules of accounting are basic principles that guide the recording of financial transactions.
• The first golden rule is the rule of debit and credit.

• The second golden rule is the rule of assets and liabilities.

• The third golden rule is the rule of income and expenses.

• These rules ensure accuracy and consistency in financial reporting.

• For example, if a company purchases inventory on credit, the rule of debit and c...read more
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Q1. What are accounting cycle? Step in the accounting cycle first step journal entry and second step is ledgers and third step subsidiary books and forth step is trail balance and fifth step is trading accoun...read more
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Step in the accounting cycle first step journal entry and second step is ledgers and third step subsidiary books and forth step is trail balance and fifth step is trading account next step is profit and loss account and final step is balance sheet
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Q1. Introduction , process, otc , ptp
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Q2. Values, Changer of process
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Q1. What is your salary expectations?
Ans. 
My salary expectations are in line with industry standards and based on my experience and qualifications.
• Research industry standards for Accountant salaries

• Consider my experience and qualifications

• Be prepared to negotiate based on job responsibilities and benefits package
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Q2. What is job profile?
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Job profile refers to the specific responsibilities, tasks, and duties associated with a particular job title.
• Job profile outlines the key responsibilities and duties of a specific job title

• It includes details such as required qualifications, skills, and experience

• Job profile helps candidates understand the expectations of the role and employers to assess candidate fit

• For example, an Accountant job profile may include ...read more
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Q1. Good for technical
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Q2. How to make a account
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To make an account, you need to gather necessary information, choose a platform, create login credentials, and verify your account.
• Gather personal information such as name, email, and contact details

• Choose a platform or website to create your account on

• Create login credentials including a username and password

• Verify your account through email or phone verification
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Who to behavior with the candidates and communications skill and body expression etc

Q1. What is journal entrys?
Ans. 
Journal entries are records of financial transactions in chronological order.
• Journal entries are used to record the debits and credits of a transaction.

• They provide a detailed account of the financial effects of each transaction.

• Each journal entry consists of a date, accounts involved, and amounts.

• For example, a journal entry for a sale would debit the accounts receivable and credit the sales revenue account.
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