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Nalco Accountant Interview Questions and Answers

Updated 13 Feb 2020

Nalco Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Anonymous

posted on 13 Feb 2020

Interview Questionnaire 

1 Question

  • Q1. WHAT IS SHARE AND DEBENTURE ?
  • Ans. 

    Shares and debentures are financial instruments used by companies to raise capital from investors.

    • Shares represent ownership in a company and give the shareholder voting rights and a share in profits.

    • Debentures are a type of bond that companies issue to raise funds. They pay a fixed rate of interest and have a maturity date.

    • Shares are riskier than debentures as their value can fluctuate based on market conditions and c...

  • Answered by AI

Interview questions from similar companies

I applied via Other and was interviewed in Nov 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. How can you add value to our organization
  • Ans. 

    I can add value to your organization by providing accurate financial analysis and strategic insights.

    • I have extensive experience in financial analysis and reporting, which can help identify areas of improvement and cost-saving opportunities.

    • I can provide strategic insights based on financial data to support decision-making and drive business growth.

    • I am proficient in using accounting software and can streamline process...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Was very good

I applied via Walk-in and was interviewed in Jun 2020. There was 1 interview round.

Interview Questionnaire 

2 Questions

  • Q1. Reasoning
  • Q2. What is handle your life biggest failure

Interview Preparation Tips

Interview preparation tips for other job seekers - Good
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I was interviewed in Sep 2023.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Accurate 

(1 Question)

  • Q1. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • There are three golden rules of accounting: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit expenses and losses, Credit income and gains.

    • These rules help ensure that financial transactions are accurately recorded and classified.

    • For example, when a company receives cash from a...

  • Answered by AI
Round 3 - One-on-one 

(1 Question)

  • Q1. Golden rules of accounting
  • Ans. 

    Golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.

    • These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

    • For example, when a com...

  • Answered by AI
Round 4 - Technical 

(1 Question)

  • Q1. Golden rules of account
  • Ans. 

    The golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • The three golden rules are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

    • These rules ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.

    • For example, when a company receives cash from a custo...

  • Answered by AI

I applied via Company Website and was interviewed in Mar 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. What is mean of fbpb
  • Ans. 

    There is no known meaning for the acronym fbpb.

    • There is no context provided for the acronym fbpb, making it impossible to determine its meaning.

    • It is important to provide context when using acronyms to avoid confusion.

    • If the acronym fbpb is specific to a certain industry or organization, it may have a unique meaning within that context.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I am expert in accounting because I have solve the solution of problems

Interview Questionnaire 

3 Questions

  • Q1. How much tax we calculate on Proprietor ship.
  • Ans. 

    The tax calculation on proprietorship depends on the income and tax laws of the specific country.

    • Tax on proprietorship is calculated based on the income generated by the business.

    • The tax rate may vary depending on the tax laws and regulations of the country.

    • Deductions and exemptions allowed for business expenses can also affect the tax calculation.

    • For example, in the United States, sole proprietors report their busines...

  • Answered by AI
  • Q2. Direct tax or indirect tax salab
  • Q3. What is p2p process
  • Ans. 

    P2P process refers to the procurement-to-payment process, which involves the entire cycle of purchasing goods or services and paying for them.

    • P2P process involves requisitioning, purchasing, receiving, and paying for goods or services.

    • It starts with a purchase requisition, which is then approved and turned into a purchase order.

    • The goods or services are received and inspected, and an invoice is generated.

    • The invoice is...

  • Answered by AI

Interview Questionnaire 

1 Question

  • Q1. What is full of TDS.
  • Ans. 

    TDS stands for Tax Deducted at Source, which is a tax collected by the government from the income of an individual or entity.

    • TDS is deducted from various sources of income such as salary, interest, rent, commission, etc.

    • It is collected by the government to ensure that taxes are paid in a timely manner.

    • The rate of TDS varies depending on the type of income and the amount earned.

    • TDS certificates are issued to individuals...

  • Answered by AI
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - HR 

(1 Question)

  • Q1. Working experience

I applied via Naukri.com and was interviewed before Sep 2020. There were 3 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. How to reduce unnatural vibrations in equipments
  • Ans. 

    Unnatural vibrations in equipments can be reduced by proper maintenance and installation.

    • Ensure proper alignment of equipment parts

    • Use vibration dampeners or absorbers

    • Regularly inspect and replace worn out parts

    • Install equipment on a stable foundation

    • Reduce equipment speed or load if possible

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and share answers with prompt technical aspects.

I applied via Tata steel and was interviewed before Sep 2021. There were 2 interview rounds.

Round 1 - Aptitude Test 

Standard 10th level questions.

Round 2 - Technical 

(3 Questions)

  • Q1. Well versed with your subject mentioned in resume.
  • Q2. What you want to join Tata steel.
  • Q3. What is your strength and weakness.

Interview Preparation Tips

Interview preparation tips for other job seekers - Just be yourself you will get selected or else TATA STEEL is not GOD company so try somewhere else.
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Nalco Accountant Interview Process

based on 1 interview

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based on 2 reviews

5.0/5

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3.0

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4.0

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3.0

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1.1

Job security

4.9

Company culture

2.0

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4.0

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