JW Marriott Finance Executive Interview Questions and Answers

Q1. What are accruals
Ans. 
Accruals are adjustments made to financial statements to ensure that revenues and expenses are recognized in the period they are earned or incurred, regardless of when cash is exchanged.
• Accruals help match revenues and expenses to the period in which they are incurred, providing a more accurate representation of a company's financial performance.

• Examples of accruals include accrued interest, accrued wages, and accrued ...read more
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Q2. What are deferrals
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Deferrals are revenues or expenses that are recognized at a later date instead of immediately when they are incurred.
• Deferrals involve postponing the recognition of revenue or expenses to a future period.

• Common examples of deferrals include prepaid expenses, unearned revenue, and deferred tax assets/liabilities.

• Prepaid expenses are costs that are paid in advance but recognized as expenses over time as they are used.

• Une...read more
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Q1. What is your introduction
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Q2. What is your experience
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Q3. What is your education
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Q4. What is your hobby
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Q5. What is your strength
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Wfh or wfo

Q1. Tell me about yourself
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Q1. What are the Golden Rules of Accounting?
Ans. 
The Golden Rules of Accounting are basic principles that guide the recording of financial transactions.
• Debit the receiver, credit the giver

• Debit what comes in, credit what goes out

• Debit expenses and losses, credit income and gains
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Q1. Balance sheet and Profit and loss related
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Q2. Women in work opinion
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Q3. Excel skills and formula
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Q1. How do i take feedback
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Q2. Expectations from organization
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Q1. Informed me about tge work to be done in the financa deptt and explained me about the profile
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