Impression Furniture Industries Interview Questions and Answers for Experienced

Q1. Last company review
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Q2. Retail KPI and sales data
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Q1. Nothing most important related sales data
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Q1. HR knows nothing wont be able to ask questions to you
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Basically it was a Guesstimate question

Q1. Past experience, CV points, how do you fit in the role
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4 sections of psychometric test

Q1. Basics of cv and past experience
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Q1. What is accrued income
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Accrued income refers to revenue that has been earned but not yet received or recorded in the accounting books.
• Accrued income is recognized when it is earned, regardless of when it is received.

• It is recorded as a current asset on the balance sheet.

• Common examples include interest income, rent receivable, and service fees.

• Accrued income is typically recorded through adjusting journal entries at the end of an accounting
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Q2. Journal entry for accrued expense
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Accrued expenses are recorded through a journal entry to recognize expenses incurred but not yet paid.
• Accrued expenses are liabilities that are recognized when expenses are incurred but not yet paid.

• The journal entry for accrued expenses involves debiting an expense account and crediting an accrued liability account.

• For example, if a company incurs $1,000 of utility expenses but has not yet received the bill, the journ...read more
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Q3. How to do balancesheet reconciliation
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Balance sheet reconciliation involves comparing the balances of various accounts in the balance sheet to ensure accuracy and identify discrepancies.
• Start by obtaining the trial balance and the general ledger for the period being reconciled.

• Compare the balances of each account in the trial balance to the corresponding account in the general ledger.

• Investigate any discrepancies or differences between the two balances.

• Ens...read more
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Q4. What is debit note
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A debit note is a document used to record the reduction in accounts payable or an increase in accounts receivable.
• A debit note is issued by a buyer to a seller to request a credit for overcharged or returned goods.

• It serves as a proof of the reduction in the amount owed by the buyer to the seller.

• Debit notes are commonly used in business-to-business transactions.

• They help in maintaining accurate financial records and r...read more
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Q5. What is goods in transit
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Goods in transit refers to inventory or goods that are in the process of being transported from one location to another.
• Goods in transit are not yet received by the buyer but have been shipped by the seller.

• These goods are typically in transit via shipping methods such as trucks, trains, ships, or airplanes.

• The ownership and responsibility for the goods may vary depending on the terms of the sale or contract.

• Goods in t...read more
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Q1. Earthing system
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Q2. Moter hp to kw ,kw to apm rating
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Q1. Asking about previous experience
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Q1. Joining releted
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Q2. Company rules & salary releted
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Q1. Previous sale figures
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I have consistently exceeded sales targets in my previous roles, with a track record of increasing revenue year over year.
• Exceeded sales targets by 20% in Q1 of last year

• Implemented new sales strategies resulting in a 15% increase in revenue

• Led a team that achieved a 30% growth in sales compared to the previous year
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Q1. Past Experience
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Q2. Product details
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