G.S. Mathur & Co. Paid Assistant Interview Questions and Answers

Q1. What was round one ?
Ans. I will combine my best .
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Q2. Well done I'm good for my
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Q3. It's good company I appreciate in this
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Q1. Variable cost.............
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Q2. Overhead..........
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Excel test..............

Q1. Why to join .............
Ans. 
I am excited about the opportunity to contribute my financial expertise and leadership skills to a dynamic and growing organization like yours.
• I am impressed by the company's reputation and success in the industry.

• I believe my experience and qualifications align well with the requirements of the Assistant Manager Finance role.

• I am eager to work with a talented team and contribute to the company's financial growth and s...read more
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Q2. Variable cost vs fixed cost ........
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Variable costs change with production levels while fixed costs remain constant.
• Variable costs fluctuate based on production volume (e.g. raw materials, labor)

• Fixed costs remain the same regardless of production levels (e.g. rent, salaries)

• Variable costs are directly related to the level of output, while fixed costs are independent of output

• Understanding the distinction between variable and fixed costs is crucial for bu
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Q1. Current CTC.........
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Q2. How would you rate yourself in excel...............
Ans. 
I would rate myself as highly proficient in Excel.
• I have extensive experience using advanced functions and formulas in Excel.

• I am skilled in creating complex financial models and analyzing large datasets.

• I have successfully automated various reporting processes using VBA macros.

• I am proficient in data visualization techniques using pivot tables and charts.

• I have completed advanced Excel courses and certifications to en
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Q1. Tell me about yourself
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Q1. Do you give a one chance to me ?
Ans. Improve ourself skill, learn everything easily & do my best
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Q2. What is your weakness
Ans. 
I tend to overthink and sometimes struggle with decision-making.
• I have a tendency to analyze situations thoroughly before making a decision

• I am working on improving my ability to make decisions quickly and confidently

• For example, I have been practicing making decisions based on limited information to build my confidence
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Q3. What is your hobbies & strengths?
Ans. My strenght are i am good makeover & hobbies are dancing & mehndi
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Q4. Why should we hire you ?
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You should hire me because of my strong accounting skills, attention to detail, and ability to work well in a team.
• I have a degree in accounting and several years of experience in the field.

• I am highly organized and detail-oriented, ensuring accuracy in all financial reporting.

• I am a team player and enjoy collaborating with others to achieve common goals.

• I am also proficient in various accounting software programs, inc...read more
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Q1. Tally sap Microsoft Office
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Q1. Research the company you're interviewing with. ... Research the person who is interviewing you. ... Carefully read the job description and understand every point, as well as how your own skills fulfil all ...read more
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Numerical Reasoning.
Verbal Reasoning.
Inductive Reasoning.
Diagrammatic Reasoning.
Logical Reasoning.
Mechanical Reasoning.
Situational Judgement.
Deductive reasoning.
More items...•14-Sept-2022

Q1. Consider the tools and skills necessary for the role. Think about the basic requirements of the job. ... Study helpful books and digital publications. ... Practice for the interview. ... Prepare to ask que...read more
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Q2. How would you describe yourself? ... What makes you unique? ... Why do you want to work here? ... What interests you about this role? ... What motivates you? ... What are you passionate about?
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The first is resume shortlist and his ap

It's really a hard don't worry u will crack it

Q1. HR will talk with you
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Q2. Tell about ur self and banking questions
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Q1. Journal entry for provision for doubtful debt
Ans. 
A provision for doubtful debt is a journal entry made to account for potential losses from customers who may not pay their debts.
• Provision for doubtful debt is recorded as an expense in the income statement.

• It is created by debiting the provision for doubtful debt account and crediting the bad debt expense account.

• The provision is based on an estimate of the amount of debt that is likely to become uncollectible.

• The pro...read more
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Q2. What are subsequent events
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Subsequent events are events that occur after the balance sheet date but before the financial statements are issued.
• Subsequent events can be classified as either adjusting or non-adjusting events.

• Adjusting events provide evidence of conditions that existed at the balance sheet date and require adjustment to the financial statements.

• Non-adjusting events do not require adjustment to the financial statements but may requi...read more
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Q3. Audit of bank balance
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Q4. Assertions and procedure for audit of debtors
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Assertions and procedures for auditing debtors
• The existence assertion: ensuring that the debtors actually exist and are valid

• The completeness assertion: ensuring that all debtors are included in the financial statements

• The valuation assertion: ensuring that the debtors are valued correctly

• The rights and obligations assertion: ensuring that the company has the right to collect the debt and that the debtors have an oblig...read more
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Q5. 3 golden principles of accounting
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The 3 golden principles of accounting are: 1) Debit the receiver, credit the giver 2) Debit what comes in, credit what goes out 3) Debit expenses and losses, credit income and gains.
• Debit the receiver, credit the giver: when an asset is received, it is debited and when a liability is given, it is credited

• Debit what comes in, credit what goes out: when cash is received, it is debited and when cash is paid, it is credite...read more
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Q6. Basic audit questions and resume walkthrough
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