MKC Infrastructure Ltd. Assistant Accounts Manager Interview Questions and Answers

Acccounts, costing, tax, finance, tax

Q1. Ind AS 115, Finance and audit
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Q1. Types of insurance , working capital management,
Ans. 
Types of insurance include life, health, property, and liability. Working capital management involves managing a company's short-term assets and liabilities.
• Types of insurance: life, health, property, liability

• Working capital management: managing short-term assets and liabilities

• Examples of short-term assets: cash, inventory, accounts receivable

• Examples of short-term liabilities: accounts payable, short-term loans

• Goal ...read more
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Q1. Sales & profit declaration
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Q1. About salary negotiations
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GD of general topic with 20 member in each group

Q1. Explain DTA accounting standard
Ans. 
DTA accounting standard refers to Deferred Tax Assets, which are future tax benefits that a company can use to reduce its tax liability.
• DTA is recognized when a company has overpaid taxes or has tax credits that can be used in the future.

• It is recorded on the balance sheet as an asset.

• DTA can arise from temporary differences between accounting income and taxable income.

• Companies need to assess the likelihood of realizi...read more
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Q1. Tell me about yourself.
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Q2. What about you privious experience
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Q1. What is rate analysis? Have you done this?
Ans. 
Rate analysis is the process of determining the rates of various items of work involved in a construction project.
• It involves breaking down the cost of a project into individual components

• It helps in estimating the total cost of a project

• It helps in comparing the cost of different projects

• Yes, I have done rate analysis for various construction projects
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Q2. How to calculate steel reinforcement of piles?
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Steel reinforcement of piles is calculated based on the load capacity and design of the pile.
• Determine the load capacity and design of the pile

• Calculate the required cross-sectional area of steel reinforcement

• Determine the spacing and diameter of the reinforcement bars

• Calculate the total length of steel reinforcement required

• Consider any additional factors such as corrosion protection

• Ensure compliance with relevant cod
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