Miracle Software Systems Junior Accountant Interview Questions and Answers

Q1. I don't no any ideas about interview questions
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Q2. Any system works about accounts
Ans. 
There are various accounting systems used by businesses to manage their financial transactions.
• Some common accounting systems include QuickBooks, Xero, and Sage.

• These systems help businesses track income and expenses, generate financial reports, and manage payroll.

• Accounting systems can be cloud-based or installed on a local computer.

• They can also be customized to fit the specific needs of a business.

• Choosing the right...read more
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Q1. Why do you want to work in our company?
Ans. I see the opportunity it good and best. Knowledge company
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Q2. What are you looking for a change?
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Q3. I am willing to learn more about (mention a skill or task the new job include I am sure this job will you give me an opportunity to develop new skills and also leverage my current skills and experiences
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Two sections appitude in English

Q1. Tell me about yourself.
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Q1. What are the golden rules
Ans. 
Golden rules are basic principles of accounting that guide the recording of financial transactions.
• There are three golden rules: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

• These rules ensure that every transaction is recorded accurately and consistently.

• For example, if a company receives cash from a customer, the cash account is de...read more
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Q2. What is account payable
Ans. 
Account payable is the amount of money a company owes to its suppliers or vendors for goods or services received but not yet paid for.
• It is a liability on the company's balance sheet

• It represents the amount owed to suppliers or vendors

• It is recorded as a credit in the company's books

• Examples include unpaid invoices for raw materials, utilities, or rent

• It is important to manage and pay accounts payable on time to mainta
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Q3. Expansion for SAP and ERP
Ans. 
SAP and ERP are enterprise software solutions used for managing business operations and resources.
• SAP stands for Systems, Applications, and Products in Data Processing.

• ERP stands for Enterprise Resource Planning.

• Both SAP and ERP help in streamlining business processes, improving efficiency, and reducing costs.

• They provide a centralized database for managing various functions like finance, HR, inventory, and supply chai...read more
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Q4. What is blanket order
Ans. 
A blanket order is a purchase order that covers multiple deliveries over a period of time, usually for a fixed amount.
• It is a type of purchase order.

• It covers multiple deliveries over a period of time.

• It is usually for a fixed amount.

• It is commonly used for recurring orders of the same item.

• It simplifies the ordering process and reduces administrative costs.

• Example: A company may place a blanket order for office suppli...read more
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Resoning,Gk

Q1. Share details of your previous job.
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Q2. What are your salary expectations?
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Q3. Why should we hire you?
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Q4. What are your strengths and weaknesses?
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Q5. Tell me about yourself.
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Q1. What is your family background?
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Q2. What are your salary expectations?
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Q3. Share details of your previous job.
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Q4. Where do you see yourself in 5 years?
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Q5. Tell me about yourself.
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All of the logical questions should asked

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