Genpact Assistant Manager Interview Questions, Process, and Tips

Q1. General accounting questions
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Q2. What are Golden rules, what revenue recognition, Matching concept, difference between Amortization and depreciation, Provision and reserve.
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Golden rules are basic principles of accounting, revenue recognition is when revenue is recorded, matching concept is matching expenses to revenue, amortization is for intangible assets, depreciation is for tangible assets, provision is for anticipated expenses, reserve is for uncertain liabilities.
• Golden rules are basic principles of accounting that include: Debit what comes in, Credit what goes out; Debit the receive...read more
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Q1. What are your strengths and weaknesses?
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Q2. Tell me about yourself.
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Q1. What is reserve and surplus? What is accounting equation?
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Reserve and surplus are accounting terms used to describe profits that are not distributed as dividends. Accounting equation is Assets = Liabilities + Equity.
• Reserve is a portion of profits that a company sets aside for future use, such as expansion or investment.

• Surplus is the amount of profits that remain after all expenses and dividends have been paid.

• Accounting equation is a fundamental principle of accounting that...read more
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Some basic questions

About Indian economic

Q1. About work experience
Ans. Give breif about your work experience post completed graduation.
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Situation based question

Q1. What are your salary expectations?
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Q2. Share details of your previous job.
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Q3. Why are you looking for a change?
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Q4. Tell me about yourself.
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Q1. About your recent profile and work experience.
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Q1. Asked about what i do in current job, day to day work, accounting knowledge etc
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Q1. Accounting questions, process knowledge and other stability questions.
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Q1. Ask qualification and expectation of salary.
Ans. As a fresher, if you are CA just answer you take the salary as per company policy. Don't put any number.
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Q1. What is mean of Accrual? What is mean of GIT and entry of it. What is mean of GRIR?
Ans. 
Accrual is the process of recognizing expenses and revenues as they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues to expenses when they are incurred, not when cash is exchanged.

• GIT stands for Goods in Transit, referring to inventory that is in the process of being transported from one location to another.

• GRIR stands for Goods Receipt/Invoice Receipt, a clearing account used to r...read more
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Q2. Income and expenditure should be recorded in books when that are incurred not at the time when the paid or received.
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Q3. GIT is accrual and it is assets. So dr. the GIT and credit the supplier
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