Pacific BPO Accounting Staff Interview Questions and Answers

Accounting questions

Q1. Accounting questions
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Q2. Technical accounting definition
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Technical accounting definition refers to the specific rules and guidelines that govern the preparation of financial statements.
• Technical accounting involves following Generally Accepted Accounting Principles (GAAP)

• It includes rules for recording transactions, preparing financial statements, and disclosing information

• Examples of technical accounting standards include revenue recognition, lease accounting, and inventory
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