Novartis Accountant Interview Questions and Answers

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Q1. What is marketing management
Ans. 
Marketing management involves planning, organizing, directing, and controlling marketing activities to achieve organizational goals.
• Developing marketing strategies to reach target customers

• Analyzing market trends and competition

• Setting marketing budgets and monitoring expenses

• Managing advertising and promotional campaigns

• Measuring the effectiveness of marketing efforts
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Q2. Same principal of handery fayol
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Henri Fayol's principles of management are applicable in accounting as well.
• Fayol's principle of unity of command can be applied in accounting to ensure clear reporting lines and accountability.

• The principle of division of work can be seen in accounting departments where tasks are divided among different roles for efficiency.

• Accountants can use the principle of discipline to ensure adherence to financial regulations an...read more
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Q1. Define what is a balance sheet?
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A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
• It shows the company's assets, liabilities, and shareholders' equity.

• Assets include cash, accounts receivable, inventory, and property.

• Liabilities include loans, accounts payable, and accrued expenses.

• Shareholders' equity represents the company's net worth.

• The balance sheet follows the formula...read more
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Q2. Describe the golden rules of Accounts?
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The golden rules of Accounts are basic principles that guide the recording of financial transactions.
• The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.

• The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.

• The third golden rule is the Nominal Account rule, which states that debit all expenses and losses
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Q3. Describe Types of Accounts ?
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Types of accounts include assets, liabilities, equity, revenue, and expenses.
• Assets: Resources owned by a company, such as cash, inventory, and property.

• Liabilities: Debts or obligations owed by a company, such as loans and accounts payable.

• Equity: Represents the owner's interest in the company's assets after deducting liabilities.

• Revenue: Income generated from the sale of goods or services.

• Expenses: Costs incurred in ...read more
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Q4. Theer Different types of accounts in accounting are Real account, Personal account and Nominal Account. Real account is then classified in two subcategories – Intangible real account, Tangible real account...read more
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Q1. Tell me about yourself.
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Q2. Why do you want to work for our company?
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Q3. Why are you looking for a change?
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Q4. What are your greatest strengths and weaknesses?
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Q1. Job Description
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Q2. Job Responsibility
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Q3. Account and Finance with Insurance
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Q1. Job Responsibility
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Q2. Account and Finance
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Q3. All company insurance
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Q1. What is mean by chromatography
Ans. 
Chromatography is a technique used to separate and analyze mixtures of chemicals based on their properties.
• Chromatography involves passing a mixture through a stationary phase, which separates the components based on their interactions with the stationary phase and mobile phase.

• Different types of chromatography include gas chromatography, liquid chromatography, and thin-layer chromatography.

• It is widely used in various...read more
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Q2. Ir spectroscopy
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Q3. Whatis mean by analysis
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Analysis is the process of examining data or information to uncover insights, patterns, and trends.
• Analysis involves breaking down complex information into smaller components for better understanding.

• It helps in making informed decisions based on the findings.

• Examples include financial analysis to assess company performance, data analysis to identify trends in customer behavior, and market analysis to understand indust
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Q4. About phvalues phmeters
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Q1. Analytics importance
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Q1. What ever I was mentioning in my resume from toward the questions
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Q2. Explain about UV, IR, KF, polarimeter with principle and functions
Ans. 
UV, IR, KF, and polarimeter are analytical instruments used for different types of analysis based on principles of light absorption, emission, and rotation.
• UV (Ultraviolet) spectrophotometer measures the absorption of ultraviolet light by a sample to determine its concentration or purity.

• IR (Infrared) spectrophotometer measures the absorption of infrared light by a sample to identify functional groups in organic compou...read more
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Q3. Calibration of analytical balance
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Calibration of analytical balance is essential for accurate measurements in analytical chemistry.
• Calibration involves comparing the readings of the balance to known weights.

• Regular calibration ensures accuracy and reliability of measurements.

• Adjustments may be needed if the balance readings deviate from the known weights.

• Calibration should be done using a proper calibration weight and following manufacturer's instructi...read more
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Q4. What is the range of PH and explain about calibration
Ans. 
PH range is 0-14. Calibration ensures accuracy by adjusting the PH meter to known standards.
• PH range is from 0 to 14, with 7 being neutral

• Acidic solutions have a PH below 7, while alkaline solutions have a PH above 7

• Calibration involves adjusting the PH meter using buffer solutions of known PH values

• Regular calibration ensures accurate PH measurements
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Q1. Waiting for HR round
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Q1. About hplc and its priciple?
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Q2. UV and its principle?
Ans. 
UV stands for ultraviolet and its principle involves electromagnetic radiation with a wavelength shorter than that of visible light.
• UV radiation is divided into UVA, UVB, and UVC based on their wavelengths.

• UV radiation is commonly known for its effects on skin, such as sunburn and skin cancer.

• UV radiation is also used for disinfection purposes, such as in water treatment and sterilization.
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Q3. What is pH of water?
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The pH of water is typically around 7, which is considered neutral.
• The pH scale ranges from 0 to 14, with 7 being neutral, below 7 acidic, and above 7 basic.

• Pure water has a pH of 7, but this can vary due to dissolved minerals or gases.

• Acidic water has a pH below 7, while basic water has a pH above 7.
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Q1. Nothing, only insulting the employee
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Q2. They treat you like you know nothing
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