MyGlamm Director Finance Interview Questions and Answers

Strength: Strong analytical skills, Weakness: Difficulty delegating tasks

• Strength: Ability to analyze complex financial data and make strategic decisions

• Strength: Strong attention to detail and accuracy in financial reporting

• Weakness: Struggle with delegating tasks and trusting others to complete them

• Weakness: Tendency to take on too much work and become overwhelmed

Working capital is the difference between current assets and current liabilities, representing the funds available for day-to-day operations.

• Working capital is calculated by subtracting current liabilities from current assets.

• It represents the liquidity available to a company for its daily operations.

• Positive working capital indicates that a company has enough assets to cover its short-term liabilities.

• Negative working...read more

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