Flipkart Executive Accountant Interview Questions and Answers

Q1. Introduce yourself ?
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Q2. What is the journal entries?
Ans. 
Journal entries are accounting records that show the financial transactions of a business.
• Journal entries are used to record debits and credits for each transaction.

• They include the date of the transaction, accounts affected, and amounts involved.

• Journal entries are typically recorded in a general ledger.

• Example: Debiting cash and crediting revenue for a sale transaction.
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Q3. Explain golden rules of account
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.

• These rules ensure that every transaction is recorded accurately and consistently.

• For example, when a company receives cash from a c...read more
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Q1. What is meant by cheque?
Ans. 
A cheque is a written order from an account holder to a bank to pay a specified amount of money to a designated recipient.
• A cheque is a negotiable instrument used to make payments.

• It includes details such as the amount to be paid, the date, the payee's name, and the account holder's signature.

• Cheques are commonly used for business transactions and personal payments.

• They provide a secure and convenient way to transfer f
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Q1. Why should I hire you?
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Q2. What is your strength ?
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Q3. Where will you see yourself after 5 years?
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First round of the aptitude test

Second round is coding test

Third round is group discussion

All the best to your assignment

Careful to study the case study

Q1. Preparation of a HR interview
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Q2. Tell me about self introduction
Ans. 
I am a financial accountant with expertise in managing financial records and ensuring compliance with regulations.
• I have a strong background in accounting principles and practices.

• I am skilled in financial analysis and reporting.

• I have experience in preparing financial statements and budgets.

• I am detail-oriented and have a strong attention to accuracy.

• I am familiar with accounting software and proficient in MS Excel.

• I ...read more
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Q3. Tell me about your study
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I studied accounting and finance at XYZ University.
• I completed a Bachelor's degree in accounting and finance at XYZ University.

• I took courses in financial accounting, managerial accounting, taxation, and auditing.

• I also participated in internships at a financial firm and gained practical experience in financial analysis and reporting.

• I consistently maintained a high GPA and received academic recognition for my performa
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Q4. Tell me your experience
Ans. 
I have 5 years of experience as a Financial Accountant in a multinational company.
• Managed financial records and prepared financial statements

• Performed financial analysis and provided recommendations for cost reduction

• Ensured compliance with accounting principles and regulations

• Collaborated with cross-functional teams to streamline financial processes

• Implemented automated systems to improve efficiency

• Led the annual budg
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Q5. Salary expectation
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Q1. Tell me your technical skills
Ans. 
I have strong technical skills in financial accounting.
• Proficient in using accounting software such as QuickBooks and SAP

• Extensive knowledge of financial reporting standards (GAAP, IFRS)

• Experience in preparing financial statements and conducting financial analysis

• Ability to perform complex financial calculations and reconciliations

• Familiarity with tax regulations and compliance

• Strong Excel skills for data analysis and
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Q2. What is Ms office
Ans. 
MS Office is a suite of productivity software developed by Microsoft.
• MS Office includes applications like Word, Excel, PowerPoint, and Outlook.

• It is widely used for creating documents, spreadsheets, presentations, and managing emails.

• MS Office provides various features and tools to enhance productivity and collaboration.

• Examples of MS Office versions are Office 365, Office 2019, and Office 2016.
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Q3. What is Ms Excel
Ans. 
Ms Excel is a spreadsheet software developed by Microsoft.
• It allows users to organize, analyze and manipulate data using formulas and functions.

• It has features like charts, graphs, and pivot tables for data visualization.

• It is widely used in finance, accounting, and other industries for data analysis and reporting.

• It supports various file formats like CSV, XLS, XLSX, etc.
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Q1. Face to face round
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Q1. Why do you want to work for our company
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Q2. Tell me about the gap in your resume
Ans. 
I took a break from my career to pursue further education and enhance my skills.
• I decided to take a gap in my resume to pursue a master's degree in accounting.

• During this time, I also completed several certifications related to financial analysis and taxation.

• I actively participated in workshops and seminars to stay updated with the latest accounting practices.

• I utilized the gap to gain practical experience by voluntee...read more
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Q3. What is your biggest achievement so far
Ans. 
My biggest achievement so far is successfully implementing a new accounting system that improved efficiency and accuracy.
• Implemented a new accounting system that streamlined processes and reduced errors

• Led a team of accountants to ensure smooth transition and training

• Achieved a 20% increase in productivity and a 15% reduction in financial discrepancies

• Received recognition from senior management for the successful imple
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Q4. Why should we hire you
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Q5. How to you deal with criticism
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Q6. What is your deal companyor workplace
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Q1. About your self My name is bhavani
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My self bhavani degree b.com ca
In madhurari meenakshi in year of 2022 .coming to my intermediate gvt in the year 2019 70 persent

Q1. Why shoud i hire you
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Number series,ratio analysis,time and clock

Current assets and current liabilities

Q1. Introduce yourself ?
Add your answer
Q2. What is the journal entries?
Ans. 
Journal entries are accounting records that show the financial transactions of a business.
• Journal entries are used to record debits and credits for each transaction.

• They include the date of the transaction, accounts affected, and amounts involved.

• Journal entries are typically recorded in a general ledger.

• Example: Debiting cash and crediting revenue for a sale transaction.
Answered by AI
Add your answer
Q3. Explain golden rules of account
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit all expenses and losses, Credit all incomes and gains.

• These rules ensure that every transaction is recorded accurately and consistently.

• For example, when a company receives cash from a c...read more
Answered by AI
Add your answer

Q1. What is meant by cheque?
Ans. 
A cheque is a written order from an account holder to a bank to pay a specified amount of money to a designated recipient.
• A cheque is a negotiable instrument used to make payments.

• It includes details such as the amount to be paid, the date, the payee's name, and the account holder's signature.

• Cheques are commonly used for business transactions and personal payments.

• They provide a secure and convenient way to transfer f
Answered by AI
Add your answer