Infra.Market Accountant Interview Questions and Answers for Experienced

I can add value to your organization by providing accurate financial analysis and strategic insights.

• I have extensive experience in financial analysis and reporting, which can help identify areas of improvement and cost-saving opportunities.

• I can provide strategic insights based on financial data to support decision-making and drive business growth.

• I am proficient in using accounting software and can streamline process...read more

Outstanding liability is a debt that is yet to be paid while accrued income is revenue that has been earned but not yet received.

• Outstanding liability is a current liability that is recorded on the balance sheet until it is paid off.

• Accrued income is recorded as a current asset on the balance sheet until it is received.

• Examples of outstanding liabilities include unpaid bills, wages, and taxes.

• Examples of accrued income...read more

TDS stands for Tax Deducted at Source, which is a tax collected by the government from the income of an individual or entity.

• TDS is deducted from various sources of income such as salary, interest, rent, commission, etc.

• It is collected by the government to ensure that taxes are paid in a timely manner.

• The rate of TDS varies depending on the type of income and the amount earned.

• TDS certificates are issued to individuals...read more