Jaguar Land Rover Finance Intern Interview Questions and Answers

Q1. Tell me about you and take us through career path
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Q2. Tell us about job profile
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Q3. Tell us about bill booking process
Ans. 
The bill booking process involves recording and tracking invoices and payments.
• Invoices are received from vendors and entered into the accounting system

• The invoices are reviewed for accuracy and approved for payment

• Payments are scheduled and made according to payment terms

• Records are kept of all invoices and payments for future reference

• The process may involve communication with vendors to resolve any issues or discrep
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Q1. Golden rules of accounting
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• There are three golden rules of accounting: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

• These rules help ensure that financial transactions are accurately recorded and classified.

• For example, when a company receives cash from a...read more
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Q1. Tell me about yourself
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Q2. What is your salary expectations
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Q1. Tell Me about yourself
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Q2. How do you recognise accruals and where are they placed in financial statements
Ans. 
Accruals are recognized when revenue is earned or expenses are incurred, but not yet received or paid, and are placed in financial statements to accurately reflect the company's financial position.
• Accruals are recognized based on the matching principle, where revenue is recorded when it is earned and expenses are recorded when they are incurred, regardless of when cash is exchanged.

• Accruals are typically found in the b...read more
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Q3. Tell me how you handle conflict
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Q4. Strengths and weaknesses
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Q1. Why would u choose Polaris
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Regular aptitude related questions willl be asked to test aptitude levels.

Capital budgeting related case study will be provided