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North West Carrying Co. Accountant Interview Questions and Answers for Experienced
North West Carrying Co. Accountant Interview Experiences for Experienced
1 interview found
Anonymous
I applied via Naukri.com and was interviewed in Nov 2022. There were 2 interview rounds.
(3 Questions)
- Q1. What is the accounting
- Ans.
Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.
Accounting involves recording financial transactions
It classifies transactions into categories such as assets, liabilities, and equity
It summarizes the transactions in financial statements such as balance sheets and income statements
Accounting provides informatio...
- Q2. What is the sale or purchase
- Ans.
Sale or purchase refers to the exchange of goods or services for money or other valuable consideration.
Sale is the transfer of ownership of goods or services from the seller to the buyer in exchange for money or other valuable consideration.
Purchase is the acquisition of goods or services by paying money or other valuable consideration to the seller.
Examples of sale include selling a car, a house, or a product in a sto...
- Q3. What is the Good & service tax
- Ans.
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services.
GST is a single tax that replaced multiple indirect taxes in India
It is a destination-based tax, meaning the tax is collected where the goods or services are consumed
GST has 4 tax slabs - 5%, 12%, 18%, and 28%
It has simplified the tax structure and made compliance easier for businesses
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Interview questions from similar companies
I applied via Naukri.com and was interviewed before Jan 2022. There were 2 interview rounds.
Easy test of reasoning and maths question
(2 Questions)
- Q1. What is Accrual concept? Reason for change? Salary expectation? Team management scenerio Weakness,improvements
- Q2. What is your end goal? How did you overcome escalations?
Interview Preparation Tips
- Accounting
- Team Management
Overview of accounting and accrual concept.
Aptitude test was quit difficult and bound with timings
(1 Question)
- Q1. One on one round was good, it was interactive and good knowledge check.
(1 Question)
- Q1. Technical round was technically questions were asked and very easy way of having it
(1 Question)
- Q1. Salary discussion with HR but not worthy
(1 Question)
- Q1. Final selection for the position in cash and bank
Interview Preparation Tips
I applied via Walk-in and was interviewed in May 2023. There was 1 interview round.
(3 Questions)
- Q1. What is AP procedure
- Ans.
AP procedure refers to the process of managing accounts payable, including receiving, verifying, and recording invoices for payment.
Receiving invoices from vendors
Verifying the accuracy of invoices
Recording invoices in the accounting system
Processing payments to vendors
Reconciling accounts payable with vendor statements
- Q2. What is AR procedure
- Ans.
AR procedure refers to the process of managing accounts receivable, including invoicing, tracking payments, and following up on overdue accounts.
AR procedure starts with sending invoices to customers for goods or services provided.
It involves tracking payments received and reconciling them with the invoices issued.
Follow-up on overdue accounts is a crucial part of AR procedure to ensure timely payment.
AR procedure may ...
- Q3. Nothing from my side
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Skills evaluated in this interview
I applied via Referral and was interviewed in May 2021. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. What is FMCG .
- Ans.
FMCG stands for Fast Moving Consumer Goods, which are products that are sold quickly and at a relatively low cost.
FMCG products are typically non-durable goods that are consumed or used up quickly, such as food, beverages, toiletries, and cleaning products.
These products are sold in large quantities and at a low profit margin, but generate high sales volume due to their high demand.
FMCG companies often rely on extensiv...
- Q2. How to develop the distribution
- Ans.
Developing distribution involves identifying target markets, creating a distribution strategy, and building relationships with distributors.
Conduct market research to identify potential target markets
Create a distribution strategy that aligns with the company's goals and objectives
Build relationships with distributors by offering incentives and providing excellent customer service
Regularly evaluate and adjust the distr...
Interview Preparation Tips
Skills evaluated in this interview
I applied via LinkedIn and was interviewed before Apr 2021. There was 1 interview round.
(1 Question)
- Q1. 1)Tell me about your self? 2)explain your profile/designation of the last company? 3)what are the type of sourcing? 4) Do you have knowledge about MS office? 5) Have you used MS Excel? What is V Lookup ?wh...
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Language doesn't matter at all
I applied via Internshala and was interviewed before Sep 2021. There were 2 interview rounds.
(1 Question)
- Q1. Only simple about myself questions as well as finance operations terms
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I applied via Campus Placement and was interviewed before Jul 2020. There were 5 interview rounds.
Interview Questionnaire
1 Question
- Q1. Few Basis Questions
Interview Preparation Tips
Interview Questionnaire
2 Questions
- Q1. Why you like to join with gati
- Q2. Do not going note going wrong with company as wrong information and trust with senior and junior
I applied via Referral and was interviewed before Jul 2021. There was 1 interview round.
(1 Question)
- Q1. They asked my previous job profile and my future prospects
Interview Preparation Tips
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