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Ghatge Patil Industries Cost Accountant Interview Questions and Answers

Updated 5 Oct 2021

Ghatge Patil Industries Cost Accountant Interview Experiences

1 interview found

I applied via Referral and was interviewed before Oct 2020. There were 3 interview rounds.

Interview Questionnaire 

4 Questions

  • Q1. Job profile in previous organization.
  • Q2. What is break-even point
  • Ans. 

    Break-even point is the level of sales at which total costs equal total revenue.

    • It is the point where a company neither makes a profit nor incurs a loss

    • It is calculated by dividing fixed costs by contribution margin per unit

    • It helps in determining the minimum sales required to cover costs

    • It is affected by changes in variable costs, fixed costs, and selling price

  • Answered by AI
  • Q3. What are objective of management accounting
  • Ans. 

    The objective of management accounting is to provide relevant and timely information to management for decision-making.

    • Assist in planning and controlling business operations

    • Provide information for decision-making

    • Facilitate performance evaluation and improvement

    • Assist in cost management and reduction

    • Help in budgeting and forecasting

    • Provide insights into financial and non-financial performance

    • Support strategic planning a

  • Answered by AI
  • Q4. Explain Marginal costing
  • Ans. 

    Marginal costing is a technique of cost accounting which deals with the ascertainment of marginal cost and its use in decision making.

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

    • Fixed costs are not considered in marginal costing.

    • It helps in determining the profitability of a product.

    • It is useful in making short-term decisions like pricing, make or buy, etc.

    • It is also known as variable costin

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and honest

Interview questions from similar companies

I applied via Indeed and was interviewed before Feb 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. They did checked my confidence level

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be confident and be prepared a bit though u don't know to answer just say I'll learn n get bck to you.

Associate Interview Questions & Answers

Bajaj Auto user image pradnya gadahire

posted on 31 Jul 2024

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Jan 2024. There were 2 interview rounds.

Round 1 - Aptitude Test 

Logical aptitude test

Round 2 - Technical 

(2 Questions)

  • Q1. Practical test of vlookup and pivot
  • Q2. What is sap and explain tcodee
  • Ans. 

    SAP is a software used by companies for managing business operations and customer relations. Tcode is a transaction code used to access specific functions in SAP.

    • SAP stands for Systems, Applications, and Products in Data Processing.

    • It is a software used by companies for various business operations like finance, HR, sales, etc.

    • Tcode is a transaction code used to access specific functions in SAP, like creating a purchase

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Bajaj Auto Associate interview:
  • SAP
Interview preparation tips for other job seekers - Join on contract basis

Skills evaluated in this interview

I applied via Walk-in and was interviewed in Dec 2020. There were 3 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. 1.why do you want to work here?
  • Q2. Where do you see yourself in 5 years?
  • Q3. What is a buyer?
  • Ans. 

    A buyer is a person or entity who purchases goods or services in exchange for money or other forms of payment.

    • Buyers can be individuals or organizations.

    • They play a crucial role in the supply chain by selecting and procuring products or services.

    • Buyers negotiate prices, terms, and conditions with sellers.

    • They may conduct market research to identify potential suppliers and evaluate their offerings.

    • Buyers may also be res...

  • Answered by AI
  • Q4. What do you know about fabrication?
  • Ans. 

    Fabrication involves the creation or construction of something, often using various materials and techniques.

    • Fabrication is the process of making or manufacturing something.

    • It involves using materials and techniques to create a finished product.

    • Examples of fabrication include welding, machining, and 3D printing.

    • Fabrication can be used in various industries such as automotive, aerospace, and construction.

  • Answered by AI
  • Q5. Do you know oracle or sap?
  • Ans. 

    Yes, I have knowledge of both Oracle and SAP.

    • I have experience working with Oracle databases and SAP ERP systems.

    • I am familiar with Oracle's SQL and PL/SQL languages.

    • I have used SAP modules such as SAP FI/CO and SAP MM.

    • I have completed training courses on Oracle and SAP.

    • I have successfully implemented Oracle and SAP solutions in previous projects.

  • Answered by AI
  • Q6. How much salary are you expecting?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident
Answer every question even you dont know the answer.
Don't stay quiet
Ask them about the company as they will know that you're interested too.

Skills evaluated in this interview

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Aptitude Test 

1 hour duration, related financial crisis

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(1 Question)

  • Q1. Walk us through your resume
  • Ans. 

    Experienced consultant with a background in strategy, project management, and client relations.

    • Started career at XYZ Consulting firm, specializing in market research and analysis

    • Led multiple successful projects for Fortune 500 companies, resulting in increased revenue and cost savings

    • Developed strong relationships with clients, providing strategic recommendations and solutions

    • Currently pursuing MBA to further enhance b

  • Answered by AI

I applied via Naukri.com and was interviewed before Jan 2021. There were 3 interview rounds.

Interview Questionnaire 

5 Questions

  • Q1. Chemical analysis of chromite ore by ICP OES
  • Ans. 

    ICP OES is a technique used for chemical analysis of chromite ore.

    • ICP OES stands for Inductively Coupled Plasma Optical Emission Spectroscopy.

    • It is a powerful analytical technique used for the determination of trace elements in a variety of matrices.

    • ICP OES can be used to determine the concentration of elements such as Cr, Fe, Mg, Al, and Si in chromite ore.

    • The technique involves the excitation of atoms in a sample usi...

  • Answered by AI
  • Q2. Principle of ICP oes
  • Ans. 

    ICP-OES is a technique used for elemental analysis in which a sample is vaporized and excited by a plasma to emit light.

    • ICP-OES stands for Inductively Coupled Plasma Optical Emission Spectroscopy.

    • It is used to determine the concentration of elements in a sample.

    • The sample is vaporized and excited by a plasma to emit light, which is then analyzed to determine the elemental composition.

    • ICP-OES is commonly used in environ...

  • Answered by AI
  • Q3. Weight chemical analysis of chromite ore
  • Ans. 

    Weight chemical analysis of chromite ore involves determining the percentage of various elements present in the ore.

    • The ore is first crushed and ground into a fine powder.

    • The powder is then mixed with various chemicals to dissolve the elements of interest.

    • The resulting solution is then analyzed using various techniques such as atomic absorption spectroscopy or inductively coupled plasma mass spectrometry.

    • The percentage...

  • Answered by AI
  • Q4. Knowledge of NABL
  • Q5. Knowledge of ISO 17025,ISO 9001,ISO 450001, IMS

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and be calm whenever u will give your interview.

I applied via Campus Placement and was interviewed in Dec 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

60 questions in 60 mins from academics

Round 2 - Technical 

(1 Question)

  • Q1. Personal interview which was full of with academic & CV related questions

Interview Preparation Tips

Interview preparation tips for other job seekers - Be truthful & read Co annual report

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

Interview Preparation Tips

Interview preparation tips for other job seekers - They will ask technically and check communication

I applied via Recruitment Consultant and was interviewed in Sep 2018. There were 3 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. What is the diode? Types of transformer?
  • Ans. 

    A diode is an electronic component that allows current to flow in only one direction. There are two types of transformers: step-up and step-down.

    • Diode is a semiconductor device that has two terminals and allows current to flow in only one direction

    • It is commonly used in rectifiers, voltage regulators, and signal limiters

    • Transformers are devices that transfer electrical energy from one circuit to another through electro...

  • Answered by AI
  • Q2. Working of transformers?
  • Ans. 

    Transformers are electrical devices that transfer energy from one circuit to another through electromagnetic induction.

    • Transformers work on the principle of electromagnetic induction

    • They consist of two coils, primary and secondary, wound around a magnetic core

    • When an alternating current flows through the primary coil, it creates a magnetic field which induces a voltage in the secondary coil

    • The voltage in the secondary ...

  • Answered by AI
  • Q3. Working principle of induction motor?
  • Ans. 

    Induction motor works on the principle of electromagnetic induction.

    • It has a stator and a rotor.

    • The stator has a set of windings that are connected to an AC power source.

    • The AC current in the stator windings creates a magnetic field that rotates around the stator.

    • This rotating magnetic field induces a current in the rotor windings, which in turn creates a magnetic field in the rotor.

    • The interaction between the stator a...

  • Answered by AI
  • Q4. What is rectier? And their diagram?
  • Ans. 

    A rectifier is an electronic device that converts AC to DC voltage.

    • Rectifiers are used in power supplies to convert AC voltage to DC voltage.

    • They are commonly used in electronic devices such as radios, televisions, and computers.

    • There are two types of rectifiers: half-wave and full-wave.

    • The diagram of a rectifier typically shows a transformer, diodes, and a load resistor.

    • Rectifiers are important in ensuring that electr...

  • Answered by AI
  • Q5. What is the function of the inverter?
  • Ans. 

    The function of the inverter is to convert DC power to AC power.

    • Inverters are commonly used in solar power systems to convert DC power from solar panels to AC power for use in homes and businesses.

    • Inverters can also be used in cars to convert DC power from the battery to AC power for charging devices.

    • There are two types of inverters: pure sine wave and modified sine wave, with pure sine wave being the more expensive an...

  • Answered by AI
  • Q6. What is the flaming left and right hand rule?
  • Ans. 

    The flaming left and right hand rule is not a recognized term or concept in any field.

    • The flaming left and right hand rule is not a scientific or technical term.

    • It is possible that the interviewer was testing your ability to think on your feet or your willingness to admit when you don't know something.

    • If you encounter a question you don't know the answer to in an interview, it's better to be honest and say you don't kn...

  • Answered by AI

Interview Preparation Tips

General Tips: Do not fear at the time of interview.
Interviewer try to confuse you but don't loose your confidence.

Skills: Communication, Body Language, Time Management, Decision Making Skills
Duration: <1 week

Ghatge Patil Industries Interview FAQs

What are the top questions asked in Ghatge Patil Industries Cost Accountant interview?

Some of the top questions asked at the Ghatge Patil Industries Cost Accountant interview -

  1. What are objective of management accounti...read more
  2. What is break-even po...read more
  3. Explain Marginal costi...read more

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