IB Group Interview Questions, Process, and Tips for Experienced

Q1. Previous experience
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Q2. Full knowledge for poultry industry
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Q1. Besic details about Store
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Q2. Personal details & privious Company details
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Q1. What is v lookup??
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

• Syntax: =VLOOKUP(lookup_value, table_array, col_index_num, [range_lookup])

• Example: =VLOOKUP(A2, B2:D10, 3, FALSE) - searc...read more
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Q2. What is h lookup?
Ans. 
HLOOKUP is a function in Excel used to search for a value in the top row of a table and return a value in the same column from a specified row.
• HLOOKUP stands for Horizontal Lookup.

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

• Syntax: =HLOOKUP(lookup_value, table_array, row_index_num, [range_lookup])

• Example: =HLOOKUP(100, A1:D4, 3, FALSE) - searches...read more
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Q3. How to use all formula??
Ans. 
To use all formulas in Excel, enter the formula in a cell, use appropriate syntax, and reference cells correctly.
• Enter the formula in a cell by starting with an equal sign (=)

• Use appropriate syntax for the formula (e.g. SUM(A1:A10) for summing a range of cells)

• Reference cells correctly by selecting them or typing their cell references (e.g. A1)

• Use functions like SUM, AVERAGE, IF, VLOOKUP, etc. to perform calculations o...read more
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Q4. SAP Movment type??
Ans. 
SAP Movement type is a three-digit key that specifies the type of goods movement in SAP system.
• Used to differentiate between various goods movements in SAP

• Helps in determining the type of transaction being performed

• Examples: 101 for goods receipt, 261 for goods issue, etc.
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Well Planned and Structured process

Q1. Basic and Relevant questions asked
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Q2. Tell me GST types
Ans. 
There are three types of GST in India: CGST, SGST, and IGST.
• CGST (Central Goods and Services Tax) is levied by the central government on intra-state supplies of goods and services.

• SGST (State Goods and Services Tax) is levied by the state government on intra-state supplies of goods and services.

• IGST (Integrated Goods and Services Tax) is levied by the central government on inter-state supplies of goods and services.
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Q3. Tell me about finalization in account
Ans. 
Finalization in accounting refers to the process of closing the books at the end of a financial period.
• Finalization involves preparing financial statements like the balance sheet and income statement.

• It includes adjusting entries to ensure all transactions are accurately recorded.

• Finalization also involves reconciling accounts and ensuring all necessary adjustments are made.

• Once finalization is complete, the financial ...read more
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Q4. What things you want from our company
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