NoBroker Accountant Interview Questions and Answers for Freshers

There are 2 assessments 1 is Excel and 2nd is Competency test -RTR and Accounting questions

Q1. Face to Face interview with Senior Manager
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I attended interview for accounting and finance so you must have good accounting skills and communication skills then only you crack the interview

Accounts and excel test online format

Q1. What are Accruals
Ans. 
Accruals are adjustments made to financial statements to recognize revenues and expenses when they are earned or incurred, regardless of when cash is exchanged.
• Accruals help match revenues with expenses in the same accounting period

• They are necessary for accurate financial reporting

• Examples include accrued interest, accrued salaries, and accrued taxes
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Q2. What are prepaid
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Prepaid expenses are expenses that have been paid for in advance but have not yet been incurred.
• Prepaid expenses are considered assets on the balance sheet until they are used up or expire.

• Common examples of prepaid expenses include prepaid rent, insurance premiums, and subscriptions.

• Prepaid expenses are initially recorded as assets and then gradually expensed over time as they are used.

• Prepaid expenses are typically c...read more
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Q1. Tell me about your self. What is your hobbies. What is your salary expectation.
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Q2. What is your salary expectation?
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Q1. How have you dealt with a disagreement with a co-worker?
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Q2. Are you competent in excel?
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I have given aptitude test which has 30 questions

Q1. Basics of accounting, communication,your joining time.
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Q1. What are your salary expectations?
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Q2. Share details of your previous job.
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Q3. Why are you looking for a change?
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Q1. What is a BOQ?
Ans. 
A BOQ stands for Bill of Quantities, which is a document used in construction projects to list the materials, parts, and labor needed for a project.
• A BOQ is typically prepared by a quantity surveyor or estimator.

• It includes detailed information on quantities, unit rates, and total costs for each item in the project.

• BOQs are used to help contractors and clients understand the scope of work and costs involved in a projec...read more
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Q2. What are your strength?
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Q3. What is a contract?
Ans. 
A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship.
• A contract must involve an offer, acceptance, consideration, and intention to create legal relations.

• Contracts can be written or oral, but written contracts are generally more enforceable.

• Examples of contracts include employment agreements, rental agreements, and sales contracts.
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Q4. Do you know about fidic?
Ans. 
FIDIC stands for International Federation of Consulting Engineers, which publishes standard contracts for the construction industry.
• FIDIC is an acronym for International Federation of Consulting Engineers.

• FIDIC publishes standard contracts for the construction industry.

• FIDIC contracts are commonly used in international construction projects.
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