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Lovely Sales Corporation SM Interview Questions and Answers
Lovely Sales Corporation SM Interview Experiences
1 interview found
Anonymous
I applied via Indeed and was interviewed in Jun 2019. There was 1 interview round.
Interview Questionnaire
3 Questions
- Q1. What is ur aim
- Ans.
My aim is to become a successful entrepreneur and make a positive impact on society.
I want to create innovative products and services that solve real-world problems.
I aim to build a company that values ethics, diversity, and sustainability.
I aspire to inspire and empower others to pursue their dreams and achieve their goals.
Examples: Launching a tech startup that provides affordable healthcare solutions, creating a soc...
- Q2. How will be u increase sale in market
- Ans.
We will increase sales by implementing targeted marketing strategies and improving customer experience.
Identify target audience and tailor marketing campaigns accordingly
Offer promotions and discounts to attract new customers
Improve product quality and customer service to retain existing customers
Expand distribution channels to reach more potential customers
Analyze sales data to identify trends and adjust strategies ac
- Q3. How long u work in our co.
Interview Preparation Tips
Interview questions from similar companies
IRAM ISLAM
I applied via Recruitment Consulltant and was interviewed in Oct 2024. There was 1 interview round.
(6 Questions)
- Q1. What do you mean by deferred revenue?
- Ans.
Deferred revenue refers to income received by a company in advance of earning it, resulting in a liability on the balance sheet.
Deferred revenue is also known as unearned revenue.
It is recorded as a liability on the balance sheet until the revenue is recognized.
Common examples include magazine subscriptions, annual maintenance contracts, and advance payments for services.
Once the revenue is earned, it is recognized on ...
- Q2. Hiw would you reconcile bank balances at the end of the period?
- Ans.
Reconciling bank balances involves comparing the bank statement with the company's records to identify and resolve any discrepancies.
Obtain the bank statement and compare it with the company's records of transactions.
Identify any discrepancies such as missing deposits or withdrawals, bank errors, or outstanding checks.
Adjust the company's records to match the bank statement by recording any necessary corrections.
Ensure...
- Q3. What are the three major activities incvolved in cash flow statement? And in which category would you include purchase of fixed assets and repayment of loans?
- Ans.
The three major activities in cash flow statement are operating activities, investing activities, and financing activities. Purchase of fixed assets would fall under investing activities, while repayment of loans would fall under financing activities.
Operating activities involve cash flows from day-to-day business operations, such as sales and expenses.
Investing activities include cash flows related to the purchase and...
- Q4. What are the 5 steps of Revenue recognition?
- Ans.
The 5 steps of Revenue recognition are identification of the contract, identification of performance obligations, determination of transaction price, allocation of transaction price, and recognition of revenue as performance obligations are satisfied.
Identification of the contract: Determine the existence of a contract with a customer.
Identification of performance obligations: Identify the separate performance obligati...
- Q5. Why do you want to join Deloitte?
- Ans.
I want to join Deloitte because of its reputation for providing excellent training and career development opportunities.
Deloitte is known for its high-quality training programs which will help me develop my skills and knowledge in auditing.
I am impressed by Deloitte's commitment to employee growth and advancement, which aligns with my career goals.
I believe that working at Deloitte will provide me with the opportunity ...
- Q6. How would you audit fixed assets?
- Ans.
Fixed assets are audited by verifying physical existence, ownership, valuation, and depreciation methods.
Verify physical existence by conducting physical inventory counts.
Confirm ownership by reviewing title deeds and purchase agreements.
Ensure accurate valuation by comparing book value to market value.
Review depreciation methods and calculations for accuracy.
Check for impairment indicators and assess if any assets nee...
Interview Preparation Tips
- Accounting
- Auditing
Selected
I applied via Walk-in and was interviewed in Oct 2024. There was 1 interview round.
(5 Questions)
- Q1. About your self
- Ans.
My name is Gourish ramadas velip nujji patne tq: joida dis: uttar kannada state: karnataka 581187
- Q2. Education background
- Ans.
I study in graduation in b com in 2021 in karnataka university dharwad
- Q3. Family back ground asked
- Ans.
Father name : ramdas Mother name :namrata Sister name : kavita Brother name : kalpesh Father is farmer and mother house wife
- Q4. Why working for TCS company
- Q5. How many years are Experience in company
- Ans.
I have 5 years of experience working in the company.
I have been working in the company for 5 years.
During my time at the company, I have gained valuable experience in Tally accounting.
I have successfully handled various accounting tasks and projects over the past 5 years.
Interview Preparation Tips
- Communication Skills
- Accounting
- Computer Operating
- Powerpoint
- HTML
- Tally ERP
Selected
I applied via Company Website and was interviewed in Nov 2023. There were 3 interview rounds.
(4 Questions)
- Q1. How is technology
- Ans.
Technology has greatly impacted the field of accounting, streamlining processes and improving efficiency.
Technology has automated many manual accounting tasks, such as data entry and calculations.
Accounting software like Tally has made it easier to track financial transactions and generate reports.
Cloud-based accounting solutions allow for real-time collaboration and access to financial data from anywhere.
Technology ha...
- Q2. What is a algorithm
- Ans.
An algorithm is a step-by-step procedure or set of rules for solving a problem or accomplishing a task.
An algorithm is a well-defined computational procedure.
It consists of a sequence of instructions that are executed in a specific order.
Algorithms can be represented using flowcharts, pseudocode, or programming languages.
They are used in various fields, including mathematics, computer science, and finance.
Examples of a...
- Q3. What is a C language
- Ans.
C language is a high-level programming language used for developing software and operating systems.
C language was developed by Dennis Ritchie at Bell Labs in the 1970s.
It is a procedural language, allowing step-by-step execution of instructions.
C language is widely used for system programming, embedded systems, and developing applications.
It provides low-level access to memory and hardware, making it efficient and powe...
- Q4. What is programming
- Ans.
Programming is the process of creating instructions for a computer to execute tasks and solve problems.
Programming involves writing code using a programming language.
It requires logical thinking and problem-solving skills.
Programs can be created to perform various tasks, such as calculations, data manipulation, and automation.
Examples of programming languages include Python, Java, and C++.
Programmers use algorithms and...
(4 Questions)
- Q1. What is a data base management system
- Ans.
A database management system is a software that allows users to store, organize, and manage data efficiently.
It provides a structured way to store and retrieve data.
It ensures data integrity and security.
It allows multiple users to access and manipulate the data simultaneously.
It supports querying and reporting functionalities.
Examples include MySQL, Oracle, Microsoft SQL Server.
- Q2. What is quaries
- Ans.
Queries are requests for information or clarification.
Queries are used to obtain specific information or clarification on a particular topic.
They are commonly used in various fields, including accounting, to gather necessary data.
Queries can be verbal or written, and they aim to resolve doubts or seek additional details.
For example, in accounting, a Tally Accountant may raise queries to understand specific transactions
- Q3. What is a data system
- Ans.
A data system is a structured and organized collection of data that is used to store, manage, and analyze information.
A data system typically includes hardware, software, and databases.
It allows for the efficient storage, retrieval, and manipulation of data.
Examples of data systems include relational databases, data warehouses, and content management systems.
- Q4. What is a table of quarries
- Ans.
A table of quarries is a database table that stores information about quarries, including their location, production, and other relevant details.
A table of quarries is used in the field of mining and construction to manage and track information about different quarries.
It typically includes columns for quarry name, location, type of material extracted, production capacity, and other relevant data.
The table can be used ...
Skills evaluated in this interview
(8 Questions)
- Q1. Tell me about your self
- Ans.
Good morning sir or madam first of all the thankyou for giving me this opportunity to introduce myself my name is gudaru rajasekhar iam from nandigram while coming to my educational details I AM completed my MBA finance from DVR DR HS Mic Collage of Technology in kanchikacherla my experience details I AM worked with Radha Ram marketing pvt Ltd I have a 1 year 5 months experience in tally prime
- Q2. Education details
- Q3. Experience details
- Q4. Hobbies and achievements
- Ans.
Playing cricket and listening music Achievements are positive attitude and I am a hard worker
- Q5. Technical skills
- Ans.
I have good knowledge in tally prime GST and tally with GST and generation of e waybill s and vendor creation and purchase and sale of e-way bill invoice processing in tally prime debit note and credit note in tally prime cash bill s invoice processing in tally prime
- Q6. Family details
- Q7. Technical skills
- Q8. Family details that's all
Interview Preparation Tips
- Accounting
(4 Questions)
- Q1. Tell me about your self
- Q2. How did you hear about this position
- Q3. Why do you want this job
- Q4. What are greatest gths
- Ans.
The greatest strengths of a Data Operator are attention to detail, problem-solving skills, and ability to work with large datasets.
Attention to detail is crucial for accurately inputting and analyzing data
Strong problem-solving skills help in identifying and resolving data discrepancies
Ability to work with large datasets efficiently is essential for managing and processing data effectively
Selected
I applied via Company Website and was interviewed in Nov 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Your preference in work
- Ans. I very preference in work 1st
- Q2. Experience in the work
Interview Preparation Tips
2 Redding book
3 hard work
I applied via AmbitionBox and was interviewed in Jun 2023. There were 3 interview rounds.
How will your strengths can benefit our company
(5 Questions)
- Q1. Would you like to work overtime or odd hours
- Ans. I understand that putting extra efforts impacts the company's development,so I'm happy.If it means I'm contributing to the company, I'll be glad to contribute.
- Q2. Why did you decide to apply to this role
- Ans. Because, I'm completed B.com and tally ERP 9
- Q3. Hard work is the key to success or is it?
- Q4. Difference between hard work and smart work
- Q5. What your know about Accenture
Interview Preparation Tips
- Self intro
- Tally ERP
I applied via Job Fair and was interviewed in Feb 2022. There were 2 interview rounds.
(4 Questions)
- Q1. What are your salary expectations?
- Q2. What is your family background?
- Q3. What are your strengths and weaknesses?
- Q4. Tell me about yourself.
Interview Preparation Tips
I applied via Referral and was interviewed in Nov 2021. There were 2 interview rounds.
In group discussion we make best group discuss & planning about the work.
Interview Preparation Tips
- Commerce
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