Madhav Insurance Brokers Executive Accountant Interview Questions and Answers

Q1. Journal entries
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Q1. Salary discussion
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GD is The group of people discuss about one topic

Q1. When I join the company
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Q2. How much of my monthly take home
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Insurance and Banking

Q1. Why did you choose commerce
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Q2. What is accounting
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Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Involves recording financial transactions

• Summarizing financial data in financial statements

• Analyzing financial information to make business decisions

• Reporting financial results to stakeholders

• Examples: preparing balance sheets, income statements, cash flow statements
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Q3. What is cost accounting
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Cost accounting is a branch of accounting that focuses on calculating and controlling the costs of producing goods or services.
• It involves analyzing, recording, and reporting on the costs associated with producing goods or services.

• Cost accountants help management make decisions by providing information on the costs of different products, services, or activities.

• Examples of cost accounting techniques include job costin
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Q4. What is balance sheet
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Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are listed on the left side, liabilities and shareholders' equity on the right side.

• The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.

• It helps investors and analysts assess the ...read more
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Q5. What is insurance
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Insurance is a financial arrangement that provides protection against potential losses or risks.
• Insurance involves a contract between an individual or entity and an insurance company.

• The individual or entity pays a premium in exchange for coverage against specified risks.

• Types of insurance include health, life, auto, home, and business insurance.

• Insurance helps mitigate financial losses in case of accidents, illnesses,
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Q6. Tell me about yourself
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Q1. Accounting Concepts & Basics of Accounting
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Q1. Tell me self My name is sk mahammad rafi I am studying in mba My proper is andhrapradesh Gunter Playing game in cricket My hobi is reading books
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Q1. What is customer service and profit
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Customer service and profit are closely related as good customer service leads to increased profits.
• Good customer service leads to customer satisfaction and loyalty, resulting in repeat business and positive word-of-mouth referrals.

• Positive reviews and feedback from satisfied customers can attract new customers and increase sales.

• Poor customer service can lead to negative reviews, loss of customers, and decreased profi...read more
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Q2. How you communcation customer
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I communicate with customers through active listening, clear and concise language, and empathy.
• I actively listen to customers to understand their needs and concerns.

• I use clear and concise language to ensure that customers understand the information I am providing.

• I approach customer interactions with empathy and understanding to build rapport and trust.

• I am responsive to customer inquiries and follow up promptly to en...read more
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Q3. Customer service is to give customer sucsfaction service to profit plan
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Q4. Begin to give pice communication understanding customer interest &give good services.
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Q1. Read me through your resume
Ans. 
I have experience in fund accounting and will provide a detailed overview of my relevant skills and accomplishments.
• I have a Bachelor's degree in Accounting and Finance.

• I have worked as a Fund Accountant at XYZ Company for the past three years.

• I am proficient in using accounting software such as Bloomberg AIM and Advent Geneva.

• I have experience in reconciling cash and positions, calculating NAV, and preparing financial...read more
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Q2. Why Deutsche Bank?
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Deutsche Bank is a leading global financial institution with a strong reputation and extensive opportunities for growth.
• Deutsche Bank has a strong reputation in the financial industry.

• It is a global institution with a wide range of financial services.

• The bank offers extensive opportunities for career growth and development.

• Deutsche Bank has a strong commitment to innovation and technology.

• The company has a diverse and
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Q3. Why should I hire you
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I have the necessary skills, experience, and passion for the role of Fund Accountant.
• I have a strong background in accounting and finance, with a degree in finance and several years of experience in fund accounting.

• I am highly detail-oriented and have a strong analytical mindset, which is crucial for accurately managing and reconciling financial data.

• I have a deep understanding of investment products and financial mark...read more
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