Genpact Management Trainee Interview Questions, Process, and Tips

Q1. 1. What is depreciation, amortization & impairment 2. What is G.P & EBIT 3. Some questions related to journal entries and inter company reconciliation s
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Depreciation, amortization, impairment, G.P, EBIT, journal entries, and intercompany reconciliation explained.
• Depreciation is the allocation of the cost of tangible assets over their useful life.

• Amortization is the allocation of the cost of intangible assets over their useful life.

• Impairment is a reduction in the value of an asset due to a permanent decrease in its value.

• Gross Profit (G.P) is the difference between rev...read more
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Q2. How you will record inter company transactions
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Intercompany transactions are recorded using intercompany accounts to eliminate double counting and ensure accurate financial reporting.
• Create intercompany accounts for each entity involved in the transaction

• Record the transaction in the respective intercompany accounts

• Ensure that the total intercompany transactions balance out to zero

• Use elimination entries to remove intercompany transactions from consolidated financi
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Q3. How you will reconcile fixed assets
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Reconciling fixed assets involves verifying the accuracy of the fixed asset register with physical assets and financial records.
• Perform a physical inventory count of fixed assets to ensure they match the records

• Compare the fixed asset register with financial statements to identify any discrepancies

• Investigate any differences found and make necessary adjustments

• Update the fixed asset register with any changes made durin
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Q1. It was all about your previous role and responsibilities
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Q1. Why do want join us ?
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Q1. What u done last process?
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Q1. Basic Questions. Tell me about yourself? Experience?
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Total 50 questions which is all mixed like Grammer, Accounting, Reasoning, Email, Essay.

Q1. Tell me about your last experience? Why you want to change your job? Why should we hire you? Tell me your family background?
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