Larsen & Toubro Limited Assistant Accounts Manager Interview Questions and Answers

Acccounts, costing, tax, finance, tax

Q1. Ind AS 115, Finance and audit
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GD of general topic with 20 member in each group

Q1. Explain DTA accounting standard
Ans. 
DTA accounting standard refers to Deferred Tax Assets, which are future tax benefits that a company can use to reduce its tax liability.
• DTA is recognized when a company has overpaid taxes or has tax credits that can be used in the future.

• It is recorded on the balance sheet as an asset.

• DTA can arise from temporary differences between accounting income and taxable income.

• Companies need to assess the likelihood of realizi...read more
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Q1. Types of insurance , working capital management,
Ans. 
Types of insurance include life, health, property, and liability. Working capital management involves managing a company's short-term assets and liabilities.
• Types of insurance: life, health, property, liability

• Working capital management: managing short-term assets and liabilities

• Examples of short-term assets: cash, inventory, accounts receivable

• Examples of short-term liabilities: accounts payable, short-term loans

• Goal ...read more
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Q1. Sales & profit declaration
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Q1. About salary negotiations
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