Lulu International Shopping Mall Senior Accountant Interview Questions and Answers

Depreciation methods allocate asset costs over time, impacting financial statements and tax liabilities.

• Straight-Line Depreciation: Allocates equal expense each year. Example: A $10,000 asset over 5 years = $2,000/year.

• Declining Balance Depreciation: Accelerated method; higher expense in early years. Example: 200% declining balance on a $10,000 asset.

• Units of Production Depreciation: Based on usage. Example: If a machi...read more

Excel fluency and team management are crucial for a Senior Accountant.

• Demonstrate proficiency in using Excel for financial analysis, data manipulation, and reporting.

• Highlight experience in creating complex formulas, pivot tables, and macros.

• Discuss your ability to handle large datasets and perform data analysis.

• Explain how you ensure accuracy and integrity of financial data in Excel.

• Describe your experience in trainin...read more

Golden rules of accounting are basic principles that guide the process of recording financial transactions.

• There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules help maintain the balance in accounting records and ensure accuracy in financial reporting.

• For example, when a company receives...read more

I chose to apply for your company because of its reputation for excellent customer service and positive work environment.

• I have heard great things about your company's commitment to customer satisfaction

• I am impressed by the positive reviews from both customers and employees

• I believe that working for your company will provide me with valuable experience and opportunities for growth

I will perform the job effectively by being attentive, learning quickly, and providing excellent customer service.

• I will pay close attention to details to ensure accurate transactions.

• I will quickly learn the company's policies and procedures to provide efficient service.

• I will prioritize customer satisfaction by being friendly and helpful.

• I will handle cash transactions accurately and efficiently.

• I will communicate ef

Customer service is providing assistance and support to customers before, during, and after a purchase.

• Customer service involves actively listening to customers' needs and concerns.

• It includes offering solutions and resolving issues in a timely and efficient manner.

• Providing a positive and friendly experience to customers is essential for good customer service.

• Building rapport and establishing trust with customers can ...read more

Working at Metro Cash and Carry offers a dynamic work environment, opportunities for growth, competitive pay, and a chance to interact with diverse customers.

• Dynamic work environment with daily challenges

• Opportunities for growth and advancement within the company

• Competitive pay and benefits package

• Interacting with diverse customers and building relationships

• Learning about retail operations and gaining valuable experien

Yes, I am a good cashier with excellent attention to detail and strong customer service skills.

• I have experience handling cash transactions accurately and efficiently.

• I am skilled in operating POS systems and handling customer inquiries.

• I am able to multitask and work well under pressure during busy periods.