Novozymes South Asia Accountant Interview Questions and Answers

General knowledge test about field

Q1. How will you contribute to organisation
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45 mins, accounting concepts

Q1. What is equity, debenture
Ans. 
Equity represents ownership in a company, while debenture is a type of debt instrument issued by a company.
• Equity represents ownership in a company and gives shareholders voting rights and a share in profits.

• Debenture is a type of debt instrument issued by a company, typically with a fixed interest rate and maturity date.

• Equity holders are considered residual claimants, meaning they are paid after debenture holders in
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Q2. TDS, GST, GST rates, Bad debts
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Q1. Tell about the pervious experience ? why you join BASF
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Q1. Tell me about pervious work process in software's
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English grammar mathematics logical reasoning

Q1. With manager and team lead
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Q1. Asking about back ground and also CTC structure also expected salary
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Q2. Telling about back ground details previous employer and expectations
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Q3. All salery related asking its proof
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Q4. Giving bank statement
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Q1. Asking related about utility section and Sap .. also asking about technical questions also asking root cost
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Q2. Telling about utility and sap
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Q1. Asking about All process details knowledge and my experience
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Q2. Telling him all process about utility and mechanical knowledge
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Q3. How to check mechanical seal oky
Ans. 
To check mechanical seal, perform visual inspection, pressure test, and leakage test.
• Perform visual inspection to check for any visible damage or wear on the seal

• Conduct a pressure test to ensure the seal can withstand the required pressure

• Perform a leakage test to check if the seal is properly sealing the joint

• Check the temperature of the seal to ensure it is within the specified range

• Check the lubrication of the seal
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Q4. By calculate runout of shaft
Ans. 
Runout of a shaft can be calculated by measuring the amount of deviation from a true circular path.
• Use a dial indicator to measure the deviation of the shaft from a true circular path

• Rotate the shaft and take readings at various points to get an accurate measurement

• Calculate the average deviation to determine the runout of the shaft

• Runout can be caused by various factors such as misalignment, bent shaft, or worn bearin
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Q5. Utility load how to calculate
Ans. 
Utility load is calculated by determining the total power consumption of all devices connected to the utility grid.
• Determine the power consumption of each device connected to the grid

• Add up the total power consumption of all devices

• Consider the time of day and season to account for varying energy demands

• Factor in any renewable energy sources or backup generators

• Use software tools to automate the calculation process
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Q6. Telling about technical solutions
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Q1. Tell me about yourself
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Q2. What is an invoice?
Ans. 
An invoice is a document issued by a seller to a buyer, detailing the products or services provided and the amount due.
• An invoice typically includes information such as the seller's contact information, the buyer's contact information, a description of the products or services provided, the quantity, the price, and the total amount due.

• Invoices are used in business transactions to request payment from the buyer for the...read more
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Q1. Order to cash cycke
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Order to cash cycle is the process of receiving and fulfilling customer orders, invoicing, and receiving payment.
• Order is received from customer

• Order is processed and fulfilled

• Invoice is generated and sent to customer

• Payment is received from customer

• Accounts receivable is updated
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Q1. What is depreciation
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Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of the asset.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Example: A company purchases a delivery truck for $50,000 with ...read more
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Q2. What is accrual
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Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period, even if cash has not been exchanged.

• Accruals are used to provide a more accurate representation of a company's financial position and performance.

• Examples of accruals include accounts receivable, accounts payable, and acc
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