Mustang Enterprises Senior Accounts Executive Interview Questions and Answers

Q1. Do you know which latest notification is issued by the GST department
Ans. 
The latest notification issued by the GST department is related to the extension of the due date for filing GSTR-3B for the month of May 2021.
• The notification extends the due date for filing GSTR-3B for the month of May 2021 to June 20, 2021.

• Taxpayers with turnover of over Rs. 5 crore in the previous financial year are required to file GSTR-3B by the 20th of the following month.

• The notification also mentions that inter...read more
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Q2. What is the payment criteria for MSME payments.
Ans. 
MSME payments are typically made within 45 days from the date of acceptance or the date of deemed acceptance of goods or services.
• MSME payments are required to be made within 45 days from the date of acceptance or the date of deemed acceptance of goods or services.

• In case of delay in payment, interest is payable to the MSME supplier as per the provisions of the MSME Act, 2006.

• The payment criteria for MSME payments is g...read more
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Q3. What is the methodology to sale Assets purchased two year back
Ans. 
The methodology to sell assets purchased two years back involves evaluating current market value, identifying potential buyers, marketing the assets effectively, negotiating prices, and completing the sale transaction.
• Evaluate the current market value of the assets to determine a competitive selling price.

• Identify potential buyers through networking, advertising, or utilizing a broker.

• Market the assets effectively thro...read more
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Industry discussion & current trends

Q1. Past experience
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Q2. How will i contrbute in Nokia s success
Ans. 
I will contribute to Nokia's success by leveraging my strong communication skills, strategic thinking, and ability to build and maintain relationships with clients.
• Developing and implementing strategic account plans to drive revenue growth

• Building and maintaining strong relationships with key clients to ensure customer satisfaction and retention

• Identifying new business opportunities and upsell/cross-sell potential prod...read more
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Q1. Journal entries
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Q1. Salary discussion
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Q1. Tell me about yourself
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The CEO of the company comes to us and give us to discuss in group

The CEO gave us a assignment to clear the installment files

Q1. About my skills and qualifications
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Accounting related questions, financial statements and p and l Ifrs

Q1. With the team lead mostly accounting related questions
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Q2. Intangible assets, effect of changes in forex ,asset accounting revenue accounting
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