I Global kpo Services llp Interview Questions and Answers

Financial ratios test and MCQ test related to finance numericals

Q1. What is balance sheet, p&l and cash flow statement?
Ans. 
Balance sheet shows a company's assets, liabilities, and equity at a specific point in time. P&L shows a company's revenues, expenses, and profits over a period. Cash flow statement shows how cash flows in and out of a company.
• Balance sheet provides a snapshot of a company's financial position at a specific point in time.

• P&L (Profit and Loss) statement shows a company's revenues, expenses, and profits over a specific p...read more
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Q2. What is the negative item in the balance sheet?
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The negative item in the balance sheet is liabilities.
• Liabilities represent the company's debts or obligations that must be paid off in the future.

• Examples of liabilities include loans, accounts payable, and accrued expenses.

• Having high levels of liabilities relative to assets can indicate financial risk.
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Q1. Scenario Based Questions.
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Q2. Give Income statement format.
Ans. 
Income statement format includes revenue, expenses, and net income.
• Start with revenue at the top

• List all expenses below revenue

• Calculate net income by subtracting total expenses from revenue

• Include headings for each section such as 'Revenue', 'Expenses', and 'Net Income'

• Format should be: Revenue - Expenses = Net Income
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Q1. What is Vlookup?and if it's giving error then which symbol we use to remove the error?
Ans. 
Vlookup is a function in Excel used to search for a value in a table and return a corresponding value from another column.
• Vlookup stands for 'Vertical Lookup'.

• It is commonly used in Excel to search for a value in the leftmost column of a table and return a value in the same row from a specified column.

• If Vlookup is giving an error, the symbol '#' is used to remove the error.

• For example, if the formula '=VLOOKUP(A2, B2:...read more
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Q2. Why should we select you over other candidates
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