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Accrual accounting is a method of accounting where revenues and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.
Revenue is recognized when it is earned, not necessarily when cash is received
Expenses are recorded when they are incurred, not necessarily when they are paid
Accrual accounting provides a more accurate picture of a company's financial position and performance over ...
Prepayment is an advance payment made for goods or services before they are received or delivered.
Prepayment is recorded as an asset on the balance sheet until the goods or services are received or delivered.
Once the goods or services are received or delivered, the prepayment is then recognized as an expense on the income statement.
Examples of prepayments include rent paid in advance, insurance premiums, and subscripti
I applied via Company Website and was interviewed in Mar 2021. There was 1 interview round.
I have 2 years of experience in accounting.
During my 2 years of experience, I have gained a strong understanding of accounting principles and practices.
I have experience in preparing financial statements, managing accounts payable and receivable, and reconciling bank statements.
I am proficient in using accounting software such as QuickBooks and Excel.
I have also developed strong analytical and problem-solving skills th...
I applied via Indeed and was interviewed in Jun 2022. There were 2 interview rounds.
I appeared for an interview in May 2022.
I applied via Job hai and was interviewed in Aug 2023. There was 1 interview round.
Working capital is the difference between current assets and current liabilities. Bank reconciliation is the process of matching the balances in a company's accounting records to the corresponding information on a bank statement. Golden rules of accounting are basic principles that guide the process of recording financial transactions.
Working capital is calculated as current assets minus current liabilities.
Bank reconc...
I applied via Campus Placement and was interviewed before Mar 2021. There were 5 interview rounds.
My strengths include strong leadership skills, excellent communication abilities, and a knack for problem-solving. My weaknesses include a tendency to be overly critical of myself and a desire for perfection.
Strength: Strong leadership skills
Strength: Excellent communication abilities
Strength: Knack for problem-solving
Weakness: Overly critical of myself
Weakness: Desire for perfection
I am a highly motivated and experienced professional with a strong background in management and leadership.
Over 5 years of experience in management roles
Proven track record of successfully leading teams and achieving targets
Excellent communication and problem-solving skills
Strong organizational and time management abilities
Ability to adapt to changing environments and handle multiple tasks
Example: As a Manager at XYZ C...
My family background is diverse and has shaped me into a well-rounded individual.
My parents come from different cultural backgrounds, which has exposed me to different traditions and perspectives.
I have siblings who have pursued various career paths, which has influenced my own career choices.
My family has always emphasized the importance of education and hard work.
We have a strong sense of community and often engage i...
Simple aptitude questions which can be cleared upon basic preparation of quants and LR
General topics and current affairs
I am looking for a challenging role where I can utilize my leadership skills and contribute to the growth of the company.
Opportunity to lead and manage a team
Ability to make strategic decisions
Opportunity for professional growth and development
Contribute to the success of the company
Work in a dynamic and fast-paced environment
I applied via Naukri.com and was interviewed before Sep 2022. There were 3 interview rounds.
By setting clear goals, prioritizing tasks, utilizing resources efficiently, and seeking guidance when needed.
Set clear goals and priorities for each day
Utilize resources efficiently to maximize productivity
Seek guidance from experienced team members or supervisors when needed
Stay organized and focused on tasks at hand
Regularly assess progress and make adjustments as needed
I applied via Recruitment Consulltant and was interviewed in Dec 2022. There were 6 interview rounds.
I have 8 years of experience in HVAC sales.
8 years of experience in HVAC sales
Managed a team of sales representatives
Successfully increased sales by 20% in the last year
My total Sales Target is 50 Lakhs with 100 ODU. I handle products like electronics, home appliances, and furniture.
Total Sales Target: 50 Lakhs
Number of ODU: 100
Products handled: electronics, home appliances, furniture
Yes, I am aware of how to do heat load and BOQ preparation.
For heat load calculation, I consider factors like building size, insulation, number of occupants, and equipment usage.
For BOQ preparation, I consider materials needed, quantities required, labor costs, and any additional expenses.
I also take into account any special requirements or specifications provided by the client or project manager.
Examples: For heat loa...
I have handled territories in the Midwest region, major dealers include ABC Company and XYZ Inc., and have contributed to a 20% increase in business.
Handled territories in the Midwest region
Major dealers include ABC Company and XYZ Inc.
Contributed to a 20% increase in business
2 Hours -logical ,Apti & case based questions.
My in hand salary is the amount I receive after deductions. The fixed component of my CTC is the guaranteed portion of my salary, while the variable component depends on performance.
In hand salary is the amount received after deductions such as taxes and other withholdings.
Fixed component of CTC is the guaranteed portion of salary, such as base salary.
Variable component of CTC is the portion that can vary based on perf
My expected CTC is negotiable based on the responsibilities and benefits offered for the Assistant Manager position.
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 reflects my skills and contributions to the role.
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