Metriqe Solutions Interview Questions, Process, and Tips

Q1. Self induction with personal
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Q1. Manger asked for work with previous organotin
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Q1. Can you tell me about yourself?
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Q2. Are you comfortable working night shifts?
Ans. 
Yes, I am comfortable working night shifts as I have prior experience and can adapt to different schedules.
• I have previous experience working night shifts in my previous job.

• I am able to adapt to different schedules and have no issues with working during the night.

• I understand the importance of maintaining accuracy and focus during night shifts.

• I am willing to work night shifts if required to meet deadlines or client n
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Q1. Golden rule of accounting?
Ans. 
The golden rule of accounting states that debit what comes in and credit what goes out.
• Debit what comes in and credit what goes out

• Assets = Liabilities + Equity

• Helps maintain the balance in financial statements
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Q2. What are the journal entries for purchases?
Ans. 
Journal entries for purchases involve debiting the inventory account and crediting the accounts payable or cash account.
• Debit the inventory account to record the increase in inventory due to the purchase

• Credit the accounts payable account if the purchase was made on credit

• Credit the cash account if the purchase was made with cash

• Example: Debit Inventory $1,000, Credit Accounts Payable $1,000
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Q3. What is the process of bank reconciliation?
Ans. 
Bank reconciliation is the process of comparing the balances in a company's accounting records to the balances on its bank statement.
• Gather bank statements and accounting records

• Compare deposits and withdrawals between the two

• Identify and investigate any discrepancies

• Adjust the accounting records to match the bank statement

• Prepare a bank reconciliation statement to document the process
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Q1. What are your salary expectations?
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Q1. You can study Golden Roles, Prepaid expenses, Accruals, BRS, Journal Entries
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Q2. What is Accrual? Then where it will come?
Ans. 
Accrual is a method of accounting where revenues and expenses are recognized when earned or incurred, regardless of when payment is received or made.
• Accrual accounting recognizes revenue when it is earned, not when payment is received

• Expenses are recognized when they are incurred, not when payment is made

• Accruals are recorded as adjusting entries at the end of an accounting period

• Examples of accruals include salaries o...read more
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Q3. What is prepaid expenses? Give some examples
Ans. 
Prepaid expenses are payments made in advance for goods or services that will be received in the future.
• Prepaid expenses are recorded as assets on the balance sheet until the goods or services are received.

• Examples of prepaid expenses include prepaid rent, prepaid insurance, and prepaid subscriptions.

• Prepaid expenses are typically amortized over the period in which the goods or services are received.

• Prepaid expenses ca
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They will ask some accountancy related questions, maths questions, reasoning questions like that.

Q1. What is accrual
Ans. 
Accrual refers to the recognition of revenue and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period

• It provides a more accurate representation of a company's financial position

• Examples include recognizing revenue when a service is performed, even if payment is not received yet
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Q2. What is golden rules
Ans. 
Golden rules are basic principles of accounting that serve as the foundation for recording financial transactions.
• Golden rules include the principles of Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; and Debit expenses and losses, Credit income and gains.

• These rules help ensure accurate and consistent recording of financial transactions in accounting.

• For example, when a business receiv...read more
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Q3. Prepaid expenses journal entry
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Q1. Basic details about us
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Q2. Technical questions about our domain
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Q1. Accounts realted question
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Q2. About your previous work and process
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Q1. After resume was shortlisted HR will call and fix an interview with Team Leader as I interviewed on COVID period it's a Telephonic Interview but now they are conducting walk-ins. Mostly the question are ba...read more
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After passing Technical round you will have an aptitude test consist of quants, reasoning, English and Accounts related questions

Q1. After clearing Technical and Aptitude test HR will call and confirm your offer.
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