Paradise Food Court Senior Manager Finance & Accounts Interview Questions and Answers

I am a finance executive with extensive experience in financial planning, analysis, and strategy.

• Over 10 years of experience in finance roles, including 5 years as a finance executive at ABC Company.

• Expertise in financial planning, budgeting, forecasting, and financial analysis.

• Proven track record of driving cost savings and improving financial performance.

• Strong leadership skills, having successfully managed teams and...read more

The golden rule of accounting is to debit the receiver and credit the giver.

• It is a fundamental principle of double-entry bookkeeping.

• It ensures that every transaction is recorded accurately.

• Debit refers to the left side of an account, while credit refers to the right side.

• For example, when a company receives cash from a customer, it debits the cash account and credits the accounts receivable account.

• This rule helps ma...read more

GST is a tax reform implemented in India in 2017. It aims to simplify the tax structure and boost the economy.

• GST stands for Goods and Services Tax

• It replaces multiple indirect taxes with a single tax

• It has helped in reducing tax evasion and increasing tax compliance

• It has led to the formalization of the economy and increased transparency

• It has made interstate trade easier and reduced logistics costs

• It has led to a red...read more