Nspira Management Services Senior Accounts Executive Interview Questions and Answers

The assignment involved the analysis the business problem and providing the detailed solution.

The group discussion focused on the topic. The impact of remote on productivity each participant was given two mintues to present the view follow by the open decision..

We were analysis the situation and identify the key issue

Q1. Tell me something about your self
Ans. 
I am a detail-oriented and organized individual with a strong background in accounting and finance.
• Bachelor's degree in Accounting

• Experience with financial reporting and analysis

• Proficient in using accounting software such as QuickBooks

• Strong analytical skills and attention to detail

• Excellent communication and interpersonal skills
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Q2. Why do you want work here
Ans. 
I am passionate about finance and eager to learn from experienced professionals in this industry.
• I am drawn to the company's reputation for excellence in financial management.

• I am excited about the opportunity to work with a talented team and contribute to the company's success.

• I believe this role will provide me with valuable experience and help me grow in my career.
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Q3. What do you see yourself in 5 years
Ans. 
In 5 years, I see myself as a senior Account Assistant, taking on more responsibilities and contributing to the growth of the company.
• Continuing to excel in my role as an Account Assistant

• Taking on leadership roles within the accounting department

• Completing additional certifications or training to enhance my skills

• Contributing to the company's financial success through strategic decision-making

• Mentoring junior staff me
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Q4. Why should we hiring you
Ans. 
I am a detail-oriented and organized individual with a strong background in accounting and a proven track record of accuracy and efficiency.
• I have a Bachelor's degree in Accounting and X years of experience in the field.

• I am proficient in using accounting software such as QuickBooks and Excel.

• I have a strong attention to detail and can ensure accurate financial records.

• I am a team player and can effectively communicate...read more
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Q5. What motivate you at work
Ans. 
I am motivated at work by the opportunity to learn and grow, the satisfaction of completing tasks successfully, and the positive impact I can make on the team and organization.
• Opportunity to learn and grow

• Satisfaction of completing tasks successfully

• Positive impact on team and organization
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Q1. What is accounting
Ans. 
Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business.
• Accounting involves recording financial transactions such as sales, purchases, and expenses.

• It includes summarizing the financial data into financial statements like balance sheets and income statements.

• Accounting also involves analyzing the financial information to provide insights for decision-making.

• Rep...read more
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Q2. What is journal
Ans. 
A journal is a detailed record of financial transactions in chronological order.
• A journal is used to record all financial transactions of a business.

• It includes the date, description, and amount of each transaction.

• Journals are typically organized by accounts, such as cash, accounts receivable, and accounts payable.

• The information recorded in a journal is later transferred to the general ledger for financial reporting.

• ...read more
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Q1. What is Tds and how explain one sections
Ans. 
TDS stands for Tax Deducted at Source. It is a tax collection method where a certain percentage of tax is deducted by the payer at the time of making payment to the payee.
• TDS is deducted by the payer and deposited with the government on behalf of the payee.

• It is applicable to various payments like salary, interest, commission, rent, etc.

• One section of TDS is Section 194C which deals with TDS on payments to contractors ...read more
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Q2. Tds is tax deduction source 94c comes under tds for contract
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Q1. What are the technical questions in an interview
Ans. Technical questions are questions that are designed to assess your specific knowledge and skills related to technical aspects of a job
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Q2. These can include questions about programming languages, software tools,
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Q1. What is the difference between a provision and a reserve
Ans. 
Provisions are liabilities that are uncertain in timing or amount, while reserves are profits set aside for specific purposes.
• Provisions are made for known liabilities that are uncertain in timing or amount, such as bad debts or legal claims.

• Reserves are profits set aside for specific purposes, such as expansion, dividends, or contingencies.

• Provisions are charged against profits as expenses, while reserves are not char...read more
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Q1. Accounting entries , mainly sales . International financial reporting standards
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Aptitude test
There will be 4 sections
English grammer, maths, reasoning and logical thinking