Grb Dairy Foods Costing Executive Interview Questions and Answers

Accounting is the process of recording, summarizing, and analyzing financial transactions of a business.

• Accounting involves the recording of financial transactions.

• It includes summarizing and analyzing financial data.

• Accounting helps in preparing financial statements and reports.

• It ensures compliance with financial regulations and tax laws.

• Examples of accounting tasks include bookkeeping, budgeting, and financial analy

BRS stands for Bank Reconciliation Statement.

• BRS is a statement that compares the bank balance as per the bank statement with the balance as per the company's books.

• It helps in identifying any discrepancies or errors in the bank transactions.

• The process involves matching the transactions in the bank statement with the transactions in the company's books.

• Any outstanding checks or deposits are also taken into considerati...read more

Direct taxes are paid directly to the government by the taxpayer, while indirect taxes are paid indirectly through goods and services.

• Direct taxes are progressive in nature and are based on the income of the taxpayer.

• Examples of direct taxes include income tax, corporate tax, and wealth tax.

• Indirect taxes are regressive in nature and are based on consumption.

• Examples of indirect taxes include sales tax, excise duty, an...read more

Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.

• Accounting involves recording all financial transactions of a business.

• It includes summarizing and organizing the recorded transactions into financial statements.

• Accounting also involves analyzing the financial data to provide insights and make informed decisions.

• Finally, accounting includes reporting the ...read more

TCS stands for Tata Consultancy Services.

• TCS is an Indian multinational IT services and consulting company.

• It is one of the largest IT service providers in the world.

• TCS offers a wide range of services including software development, infrastructure management, and business process outsourcing.

• The company was founded in 1968 and is headquartered in Mumbai, India.

• TCS has a global presence with offices and delivery center...read more

GST stands for Goods and Services Tax. It is a consumption-based tax levied on the supply of goods and services.

• GST is an indirect tax system implemented in many countries around the world.

• It replaces multiple indirect taxes like excise duty, service tax, and value-added tax (VAT).

• GST is designed to simplify the tax structure, reduce tax evasion, and promote economic growth.

• It is levied at each stage of the supply chai...read more

TAX is a mandatory financial charge imposed by the government on individuals and businesses based on their income or transactions.

• TAX is used to fund government activities and services.

• It can be levied on income, property, goods and services, or capital gains.

• Different countries have different tax systems and rates.

• Examples of taxes include income tax, sales tax, property tax, and corporate tax.

To increase sales in my territory, I would focus on building strong relationships with customers, identifying new opportunities, and providing excellent customer service.

• Develop a deep understanding of the market and customer needs

• Identify new sales opportunities through market research and networking

• Build strong relationships with customers through regular communication and excellent customer service

• Offer promotions a...read more