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LTIMindtree
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LTIMindtree Executive Accountant Interview Questions and Answers for Experienced
LTIMindtree Executive Accountant Interview Experiences for Experienced
1 interview found
Anonymous
(2 Questions)
- Q1. What is Accounts payable
- Ans.
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
Accounts payable is a liability on the balance sheet
It represents the amount of money owed by a company to its suppliers or vendors
It is typically recorded when goods or services are received but payment has not yet been made
Accounts payable is an important part of a company's working capital man
- Q2. What is Bank reconcilation statment
- Ans.
Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.
It is used to identify any discrepancies between the two sets of records.
It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.
The goal is to ensure the accuracy of the company's financial records and the bank's records.
Once discrepancies are identifi...
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Mansi Kamra
I applied via Referral and was interviewed before Dec 2016. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Ind as, Companies act 2013,
Interview Preparation Tips
Experience: Revenue recognition standard
General Tips: Be confident since this is the primary skill seeked by the people here
Skills: Communication
Duration: 1-4 weeks
I applied via Naukri.com and was interviewed before Aug 2020. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. What is the type of liability
- Ans.
A type of obligation that a company or individual owes to another party.
Liability refers to the legal obligation to pay debts or fulfill other obligations.
It can be classified as current or long-term, depending on the time frame for repayment.
Examples include accounts payable, loans, and taxes owed.
Liabilities are listed on a company's balance sheet and are an important factor in determining financial health.
- Q2. What is debit cames in and credit go out tell me explain
- Ans.
Debit represents incoming funds while credit represents outgoing funds.
Debit is used to record an increase in assets or a decrease in liabilities or equity.
Credit is used to record a decrease in assets or an increase in liabilities or equity.
For example, when a company receives cash from a customer, it would debit cash and credit accounts receivable.
Conversely, when a company pays a supplier, it would credit cash and d
Interview Preparation Tips
I applied via Referral and was interviewed before Mar 2021. There was 1 interview round.
(1 Question)
- Q1. Why should we hire you?
Interview Preparation Tips
Prepare for accounting knowledge
I applied via Naukri.com and was interviewed in Feb 2022. There were 3 interview rounds.
(7 Questions)
- Q1. What are your salary expectations?
- Q2. What is your family background?
- Q3. Why should we hire you?
- Q4. Why are you looking for a change?
- Q5. What are your strengths and weaknesses?
- Q6. Tell me about yourself.
- Q7. Are you flexible for shift timing.
(1 Question)
- Q1. What is TCS. What is TAN. What is e way challan. What is SLA. What is one time vendor.
- Ans.
TCS is Tax Collected at Source. TAN is Tax Deduction and Collection Account Number. E-way challan is an electronic waybill for transportation of goods. SLA is Service Level Agreement. One time vendor is a vendor who is used only once for a specific transaction.
TCS is a tax collected by the seller from the buyer at the time of sale.
TAN is a 10-digit alphanumeric number used as an identification number for persons deduct...
SAP,EXCEL
Interview Preparation Tips
- P2P
- SAP
- O2C
- R2R
- Accounts Payable
- Account Relationship Management
Selected
I applied via Naukri.com and was interviewed in Sep 2022. There were 5 interview rounds.
(3 Questions)
- Q1. Introduction , current CTC, expectation, location
- Q2. Technical questions
- Q3. Salary discussion
Pervious experience
(1 Question)
- Q1. Domain questions
Salary discussions , ok with flexible timing,
(5 Questions)
- Q1. What are your strengths and weaknesses?
- Q2. What are your salary expectations?
- Q3. What is your family background?
- Q4. Tell me about yourself.
- Q5. Fresher or experience
Interview Preparation Tips
(1 Question)
- Q1. Ask question related what work experience do you have.
Interview Preparation Tips
I applied via Approached by Company and was interviewed in Apr 2022. There were 2 interview rounds.
(1 Question)
- Q1. How much your expectation and define your work
Interview Preparation Tips
- Accounting
- Goods and service tax
I applied via Walk-in and was interviewed in Feb 2022. There were 2 interview rounds.
Nothing
Interview Preparation Tips
- General Accounting
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LTIMindtree Executive Accountant Interview Process for Experienced
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