Frontline Electronics Cheif Financial Officer Interview Questions and Answers

Q1. She Asked about my experience and all, and some questions from my Resume.
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Q1. This Round was with the Manager.questions were Related to the process.
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Q1. This was with on-site supervisor, she asked General questions and some process realted questions.
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1 hrs of excel assignment on screen sharing, He was giving the Live cases and i have to show him.

Q1. Salary discussion
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Accounting questions

Q1. Balance sheet related questions
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Q2. Revenue recognition concept
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Tell me about your self and reason for living

Q1. Tell me about your projects
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Q2. Challenge your projects
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Basic accounting questions and english

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

• These rules help ensure that financial transactions are accurately recorded and classified.

• For example, when a company receives cash from a c...read more
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Q2. What is mean by budgeting and forecasting
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Budgeting involves setting financial goals and creating a plan to achieve them, while forecasting involves predicting future financial outcomes.
• Budgeting is the process of creating a detailed plan for how to spend money or allocate resources over a specific period of time.

• Forecasting involves predicting future financial outcomes based on historical data, trends, and other factors.

• Budgeting helps organizations to plan a...read more
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Q3. Tell about yourself and family background
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Q4. What would be next 5 years in the carrier
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Q1. What would be your expected salary
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I would expect a salary that is competitive with industry standards and reflects my qualifications and experience.
• Research industry salary benchmarks for financial analysts

• Consider my qualifications, experience, and the responsibilities of the role

• Negotiate based on the value I can bring to the company

• Be open to discussing benefits and other forms of compensation
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Q2. Are you Okay with any shifts ?
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Maths , General Apti

Q1. What is the entry of prepaid expense in GL
Ans. 
Prepaid expenses are recorded as an asset in the general ledger (GL).
• Prepaid expenses are expenses paid in advance but not yet incurred.

• They are recorded as an asset because they represent future economic benefits.

• The entry in the GL is a debit to the prepaid expense account and a credit to the cash or accounts payable account.

• As the prepaid expense is gradually incurred, it is recognized as an expense and the prepaid ...read more
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Q2. Tell us about yourself
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Q3. How did you hear about us
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Q4. What is ERP system do you have any idea of it
Ans. 
ERP stands for Enterprise Resource Planning. It is a software system used to manage business processes and operations.
• ERP integrates various business functions such as finance, human resources, inventory management, and customer relationship management.

• It provides a centralized database for all business data, allowing for real-time information sharing and decision-making.

• Examples of ERP systems include SAP, Oracle, and...read more
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