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Lummus Technology Accountant Interview Questions and Answers

Updated 30 May 2024

Lummus Technology Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Lipi Paul

posted on 30 May 2024

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(1 Question)

  • Q1. What is contingent liabilities?
  • Ans. 

    Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.

    • Contingent liabilities are not recorded in the financial statements but disclosed in the footnotes.

    • They are dependent on a future event occurring or not occurring.

    • Examples include pending lawsuits, warranties, and guarantees.

    • Companies must assess the likelihood of the contingent liability occurring a

  • Answered by AI

Interview questions from similar companies

I applied via Naukri.com and was interviewed before Feb 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Related to my profile, fixed assets, cash management, general accounting

Interview Preparation Tips

Interview preparation tips for other job seekers - There will be 2 rounds. One by team lead and one by manager. They only want prior experience of the profile work here. Mainly Intercompany, general accounting, payments etc

Interview Questionnaire 

1 Question

  • Q1. Things to consider during invoice processing.
  • Ans. 

    During invoice processing, it is important to consider accuracy, completeness, and timeliness.

    • Ensure all necessary information is included on the invoice

    • Verify the accuracy of the amounts and calculations

    • Match the invoice to the corresponding purchase order or contract

    • Ensure timely processing to avoid late payment fees or missed discounts

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be very specific in your answer. Use application reference.
Interview experience
2
Poor
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Job Fair and was interviewed before Jun 2022. There were 5 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. Basic introduction and questions about the role!
Round 3 - One-on-one 

(1 Question)

  • Q1. Technical question based on accounting standards and journal entries
Round 4 - One-on-one 

(1 Question)

  • Q1. One on one with the director questions based on your resume
Round 5 - HR 

(1 Question)

  • Q1. Questions on your ctc and benefits
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Technical 

(3 Questions)

  • Q1. Tell me about yourself
  • Q2. What you do daily
  • Q3. What is your package
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Technical 

(1 Question)

  • Q1. Only design related queries
Round 3 - HR 

(1 Question)

  • Q1. Only salary package discussed

Interview Preparation Tips

Interview preparation tips for other job seekers - Just stick to basic and you can crack the interview
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Technical 

(4 Questions)

  • Q1. How to design floating head assembly From pds
  • Ans. 

    Designing a floating head assembly involves considering various factors such as material selection, sealing mechanisms, and thermal expansion.

    • Select appropriate materials for the floating head assembly based on the application requirements.

    • Design effective sealing mechanisms to prevent leakage and ensure proper functioning.

    • Consider thermal expansion and contraction to accommodate temperature variations.

    • Ensure proper al...

  • Answered by AI
  • Q2. H2s service for pressure vessel
  • Ans. 

    H2S service for pressure vessel refers to the use of hydrogen sulfide in a pressure vessel.

    • H2S service involves the handling and containment of hydrogen sulfide gas in a pressure vessel.

    • Pressure vessels used in H2S service must be designed and constructed to withstand the corrosive effects of hydrogen sulfide.

    • Special materials and coatings may be required to prevent hydrogen sulfide from corroding the pressure vessel.

    • R...

  • Answered by AI
  • Q3. Different types of gasket
  • Ans. 

    Gaskets are mechanical seals used to prevent leakage between two surfaces. There are various types of gaskets available.

    • Sheet gaskets

    • Spiral wound gaskets

    • Ring gaskets

    • Metallic gaskets

    • Rubber gaskets

    • Cork gaskets

    • Non-asbestos gaskets

  • Answered by AI
  • Q4. Kamprofile and SpWd as per Asme

Interview Preparation Tips

Interview preparation tips for other job seekers - 4 people taking interview in worley Parsons including Hod and department manager

Skills evaluated in this interview

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. Major difference between Hrg and Lrg?
  • Ans. 

    HRG stands for Human Resource Group while LRG stands for Large Retail Group.

    • HRG focuses on managing human resources within an organization

    • LRG focuses on managing a large retail business

    • HRG deals with employee relations, recruitment, training, and development

    • LRG deals with sales, inventory management, customer service, and marketing

  • Answered by AI
  • Q2. How to perform transformer sizing
  • Ans. 

    Transformer sizing involves calculating the appropriate size of a transformer based on load requirements.

    • Determine the total load requirements in kVA

    • Consider the load factor and diversity factor

    • Calculate the transformer size based on the total load requirements

    • Ensure the transformer is rated for the appropriate voltage and frequency

    • Consult with a professional engineer if needed

  • Answered by AI

Interview Questionnaire 

1 Question

  • Q1. Norms of your company

Interview Preparation Tips

Interview preparation tips for other job seekers - We are well versed in TQM and TPM

I applied via Walk-in and was interviewed in Dec 2020. There were 3 interview rounds.

Interview Questionnaire 

6 Questions

  • Q1. 1.why do you want to work here?
  • Q2. Where do you see yourself in 5 years?
  • Q3. What is a buyer?
  • Ans. 

    A buyer is a person or entity who purchases goods or services in exchange for money or other forms of payment.

    • Buyers can be individuals or organizations.

    • They play a crucial role in the supply chain by selecting and procuring products or services.

    • Buyers negotiate prices, terms, and conditions with sellers.

    • They may conduct market research to identify potential suppliers and evaluate their offerings.

    • Buyers may also be res...

  • Answered by AI
  • Q4. What do you know about fabrication?
  • Ans. 

    Fabrication involves the creation or construction of something, often using various materials and techniques.

    • Fabrication is the process of making or manufacturing something.

    • It involves using materials and techniques to create a finished product.

    • Examples of fabrication include welding, machining, and 3D printing.

    • Fabrication can be used in various industries such as automotive, aerospace, and construction.

  • Answered by AI
  • Q5. Do you know oracle or sap?
  • Ans. 

    Yes, I have knowledge of both Oracle and SAP.

    • I have experience working with Oracle databases and SAP ERP systems.

    • I am familiar with Oracle's SQL and PL/SQL languages.

    • I have used SAP modules such as SAP FI/CO and SAP MM.

    • I have completed training courses on Oracle and SAP.

    • I have successfully implemented Oracle and SAP solutions in previous projects.

  • Answered by AI
  • Q6. How much salary are you expecting?

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident
Answer every question even you dont know the answer.
Don't stay quiet
Ask them about the company as they will know that you're interested too.

Skills evaluated in this interview

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Lummus Technology Interview FAQs

How many rounds are there in Lummus Technology Accountant interview?
Lummus Technology interview process usually has 1 rounds. The most common rounds in the Lummus Technology interview process are Technical.

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Lummus Technology Accountant Interview Process

based on 1 interview

Interview experience

3
  
Average
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₹5.5 L/yr - ₹8 L/yr
119% more than the average Accountant Salary in India
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