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Garden Reach Shipbuilders & Engineers Cost Trainee Interview Questions, Process, and Tips

Updated 7 Jul 2024

Top Garden Reach Shipbuilders & Engineers Cost Trainee Interview Questions and Answers

  • Q1. What will be your action if you have posted a debit entry in miscellaneous expenses for purchase of goods?
  • Q2. What is the Journal Entry for Purchase of goods?
  • Q3. Whether one can take ITC if his input tax is shown only on GSTR 2A. If no then when one can take itc?
View all 6 questions

Garden Reach Shipbuilders & Engineers Cost Trainee Interview Experiences

2 interviews found

Cost Trainee Interview Questions & Answers

user image Anonymous

posted on 7 Jul 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(4 Questions)

  • Q1. My Audit experience
  • Q2. What is TDS sec and rate for consultancy
  • Ans. 

    TDS stands for Tax Deducted at Source. The TDS rate for consultancy services is 10%.

    • TDS stands for Tax Deducted at Source

    • The TDS rate for consultancy services is 10%

    • Consultancy services are subject to TDS deduction at the rate of 10%

  • Answered by AI
  • Q3. Whether one can take ITC if his input tax is shown only on GSTR 2A. If no then when one can take itc?
  • Ans. 

    ITC can be taken only if the input tax is reflected in GSTR 2A and meets other conditions specified in the GST law.

    • ITC can be taken only if the supplier has uploaded the invoice in GSTR 1 and it is reflected in GSTR 2A of the recipient.

    • The recipient must ensure that the supplier has paid the tax to the government before claiming ITC.

    • ITC can be claimed in the month following the month in which the invoice was uploaded b...

  • Answered by AI
  • Q4. Journal of accrued income and prepaid expenses
  • Ans. 

    Accrued income and prepaid expenses are recorded in journals to ensure accurate financial reporting.

    • Accrued income is income that has been earned but not yet received, recorded as a debit in the income account and a credit in the accrued income account.

    • Prepaid expenses are expenses paid in advance, recorded as a debit in the prepaid expenses account and a credit in the cash account.

    • Accrued income and prepaid expenses j...

  • Answered by AI

Cost Trainee Interview Questions & Answers

user image Anonymous

posted on 8 May 2024

Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Telegram and was interviewed before May 2023. There was 1 interview round.

Round 1 - One-on-one 

(5 Questions)

  • Q1. What is Marginal Costing? What is Marginal Cost?
  • Ans. 

    Marginal costing is a costing technique where only variable costs are considered in determining the cost of a product or service.

    • Marginal costing is also known as variable costing.

    • It helps in decision-making by providing information on the impact of producing additional units on profit.

    • Marginal cost is the cost of producing one additional unit of a product or service.

    • It includes only variable costs such as direct mater...

  • Answered by AI
  • Q2. What is the Journal Entry for Purchase of goods?
  • Ans. 

    The journal entry for purchase of goods involves debiting the inventory account and crediting the accounts payable or cash account.

    • Debit the inventory account to record the increase in inventory value

    • Credit the accounts payable account if the purchase is on credit

    • Credit the cash account if the purchase is made in cash

    • Example: Debit Inventory $1,000, Credit Accounts Payable $1,000

  • Answered by AI
  • Q3. What will be your action if you have posted a debit entry in miscellaneous expenses for purchase of goods?
  • Ans. 

    I would correct the entry by reversing the debit entry in miscellaneous expenses and posting a credit entry in the correct account for purchase of goods.

    • Reverse the debit entry in miscellaneous expenses

    • Post a credit entry in the correct account for purchase of goods

    • Ensure proper documentation and approval for the correction

    • Review the accounting records to prevent similar errors in the future

  • Answered by AI
  • Q4. Introduce yourself
  • Q5. How will you manage your studies and examinations while working in our organization?

Interview Preparation Tips

Topics to prepare for Garden Reach Shipbuilders & Engineers Cost Trainee interview:
  • Financial Accounting
  • Direct Tax
  • Indirect Taxation
  • Cost Accounting
Interview preparation tips for other job seekers - One must have clear understanding regarding the various concepts of Direct tax, GST, Cost Accounting and Financial Accounting.

Cost Trainee Interview Questions Asked at Other Companies

Q1. What will be your action if you have posted a debit entry in misc ... read more
Q2. What is the section that allows to deduct TDS on salaries?
Q3. What is the Journal Entry for Purchase of goods?
Q4. Whether one can take ITC if his input tax is shown only on GSTR 2 ... read more
Q5. What is Marginal Costing? What is Marginal Cost?

Interview questions from similar companies

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I appeared for an interview before Mar 2023.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me about yourself ?
  • Q2. Describe about your experience?
Round 2 - One-on-one 

(3 Questions)

  • Q1. Tell me about the status of Financial Inclusion in India?
  • Ans. 

    Financial Inclusion in India is improving but still faces challenges in reaching rural and marginalized populations.

    • Government initiatives like Jan Dhan Yojana have increased access to banking services

    • Digital payment systems like UPI have made transactions easier and more accessible

    • Challenges remain in reaching rural and marginalized populations due to lack of awareness and infrastructure

    • Microfinance institutions play ...

  • Answered by AI
  • Q2. How would you deal with Government official?
  • Q3. What is your expected CTC?
  • Ans. 

    My expected CTC is negotiable based on the job role, responsibilities, and benefits offered.

    • My expected CTC is based on industry standards and my level of experience.

    • I am open to discussing the salary range during the interview process.

    • I am looking for a competitive salary package that aligns with my skills and qualifications.

  • Answered by AI
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I appeared for an interview before Feb 2024.

Round 1 - One-on-one 

(1 Question)

  • Q1. Shipping domain related

I applied via Walk-in and was interviewed before Jun 2021. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(3 Questions)

  • Q1. Tell me about your self
  • Q2. Experience in shipping industry
  • Q3. Salary expectations.
Round 3 - Behavioral 

(1 Question)

  • Q1. Tell me about your self

Interview Preparation Tips

Interview preparation tips for other job seekers - Good interview. Polite Hr. Love to cma CGM.
Fresher can be applied because of atmosphere is very nice, friendly.

I applied via Naukri.com and was interviewed before Aug 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

English/world map/ reasoning / Typing

Round 2 - Behavioral 

(3 Questions)

  • Q1. About your past experience
  • Q2. Why you are switching
  • Q3. Your positive and negitive points

Interview Preparation Tips

Topics to prepare for CMA CGM Executive interview:
  • Reasoning
  • Typing Speed
  • World map(Continents/Sea)
  • English
Interview preparation tips for other job seekers - Apply on naukri.com and also send email from personal id

I applied via Naukri.com and was interviewed before Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

3 Questions

  • Q1. Golden rules Prepaid and accrual
  • Q2. Excel knowledge
  • Q3. What is Depreciation?
  • Ans. 

    Depreciation is the decrease in value of an asset over time due to wear and tear, obsolescence, or other factors.

    • Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.

    • It is calculated by dividing the cost of the asset by its useful life.

    • There are different methods of calculating depreciation, such as straight-line, declining balance, and sum-of-the-years-digits.

    • Examples of assets th...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Answer whatever you know without blabber

I applied via Referral and was interviewed in Apr 2022. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - PI 

(1 Question)

  • Q1. Two online questions to know your personality traits.
Round 3 - One-on-one 

(3 Questions)

  • Q1. Team handling situation based questions.
  • Q2. Certification related questions
  • Q3. Past experiences based
Round 4 - One-on-one 

(3 Questions)

  • Q1. Lean based questions
  • Q2. Team handling situations
  • Q3. Past experience based

Interview Preparation Tips

Interview preparation tips for other job seekers - All 3 rounds of interview completed in exact a week, very next day I get to know I m selected, HR manager kept me hanged for next 18 days just to present me an offer letter. After each round I got HR call who congratulated me for clearing the round.
Lack of transparency and integrity issue. HR manager was very rude at the end when they are willing to reject and not fair enough while dealing with candidates. Even if you're a selected candidate, there may be chances that they revoke the position after wasting enough of your time or do some biased hiring according to there will and at the end they will give you such offer on call that you won't be able to accept like send you to completely other location that you have never appeared for. Its better not to trust completely on Hapag lloyd HR management. They make false commitment and keep you waited so you don't join other company before they close their final hiring. This may lead to loss of the job offer that you already get. Hence ensure to accept the first offer letter that you get. I declined an offer letter from other company who was paying me higher package just because HApag Lloyd is close to my place and HR asked me to. I was sitting idle and preparing for job joining since I knew that I have to join Hapag lloyd soon. They offered me joining date aswell but then they kept delaying the joining date, she kept on calling or texting me to ensure I don't go and join other company for next 18 days and last 2 days she was trying to give me any reason to leave the thought of joining Hapagloyd when I already lost the other job opportunity. I felt so much harassed by the HR. Now I m sitting idle at home and not able to get any good vacancy anywhere while I was keep on getting selected for each opportunity till the time I appeared for. Now I feel like I lost all my confidence after this incidence. So advice to HR manager- don't make fake commitments to candidates. HR is interface to any company. Your activities make any candidate judge about a company.
Very disappointed. With heavy heart.

I applied via Referral and was interviewed before Oct 2021. There were 4 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Aptitude Test 

English Grammar, Vocabulary, Logical thinking, Mathematics

Round 3 - Typing Test 

(1 Question)

  • Q1. Your speed will be tested and minimum speed of 30 words per minute is required
Round 4 - One-on-one 

(1 Question)

  • Q1. Myself, Shipping Knowledge, Communication skills, excel knowledge, powerpoint,etc.

Interview Preparation Tips

Topics to prepare for Hapag-Lloyd Team Lead interview:
  • Shipping Line
  • Logistics
Interview preparation tips for other job seekers - Be confident
Speak Good English
Reflection of Body language must be appropriate

Executive Interview Questions & Answers

CMA CGM user image Sathya Nandhini

posted on 9 Feb 2024

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Basic questions
Round 2 - Aptitude Test 

Basic English grammar related

Round 3 - Behavioral 

(1 Question)

  • Q1. Basic information

Garden Reach Shipbuilders & Engineers Interview FAQs

How many rounds are there in Garden Reach Shipbuilders & Engineers Cost Trainee interview?
Garden Reach Shipbuilders & Engineers interview process usually has 1 rounds. The most common rounds in the Garden Reach Shipbuilders & Engineers interview process are One-on-one Round.
What are the top questions asked in Garden Reach Shipbuilders & Engineers Cost Trainee interview?

Some of the top questions asked at the Garden Reach Shipbuilders & Engineers Cost Trainee interview -

  1. What will be your action if you have posted a debit entry in miscellaneous expe...read more
  2. What is the Journal Entry for Purchase of goo...read more
  3. Whether one can take ITC if his input tax is shown only on GSTR 2A. If no then ...read more

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Garden Reach Shipbuilders & Engineers Cost Trainee Interview Process

based on 3 interviews

Interview experience

5
  
Excellent
View more

Interview Questions from Similar Companies

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Garden Reach Shipbuilders & Engineers Cost Trainee Salary
based on 16 salaries
₹1.2 L/yr - ₹2 L/yr
32% less than the average Cost Trainee Salary in India
View more details

Garden Reach Shipbuilders & Engineers Cost Trainee Reviews and Ratings

based on 4 reviews

4.2/5

Rating in categories

4.1

Skill development

3.6

Work-life balance

4.2

Salary

4.8

Job security

4.1

Company culture

3.9

Promotions

4.1

Work satisfaction

Explore 4 Reviews and Ratings
Manager
16 salaries
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₹14.1 L/yr - ₹20.5 L/yr

Cost Trainee
16 salaries
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₹1.2 L/yr - ₹2 L/yr

Assistant Manager
13 salaries
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₹9 L/yr - ₹14 L/yr

Supervisor
11 salaries
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₹2.4 L/yr - ₹7.3 L/yr

HR Manager
10 salaries
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₹15 L/yr - ₹21 L/yr

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