Prabhu Bank Finance Officer Interview Questions and Answers

Basic reading comprehension, quantitative, and logical reasoning questions.

Q1. There were 3 interviewers in total. 1 was HR and other two asked questions like difference between trial balance and balance sheet. What is cash flow. What are intangibe assets. Why is debtors intangibel a...read more
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Q1. My qualifications
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Q2. My Background details
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Q3. My job experience
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Q4. My future dreams
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Q5. My Name & My Family Background
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Q1. Self introduction
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Q1. About last Experienced
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Q2. Accounting Knowledge
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Q1. Deferred tax liability , practical use, how do we calculate
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Deferred tax liability is a balance sheet item representing taxes that will be paid in the future due to temporary differences in accounting and tax rules.
• Deferred tax liability arises when a company's taxable income is greater than its accounting income, resulting in taxes being paid in the future.

• It is calculated by multiplying the temporary difference between taxable income and accounting income by the tax rate.

• Exam...read more
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Q2. Swap in simple terms, dividend growth model
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A swap is a financial agreement between two parties to exchange cash flows or other financial instruments.
• A swap involves two parties exchanging cash flows or other financial instruments based on a predetermined set of terms.

• Common types of swaps include interest rate swaps, currency swaps, and commodity swaps.

• The dividend growth model is a method used to value a company's stock based on the expected future dividends i...read more
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Q1. Account payable?
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Q2. Difference between Profit & Revenue
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Q1. What is contingent liabilities
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Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
• Contingent liabilities are not recorded on the balance sheet but disclosed in the footnotes.

• They are dependent on a future event occurring or not occurring.

• Examples include lawsuits, warranties, and guarantees.

• If the contingent liability is probable and the amount can be estimated, it should be recor
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Q2. What is provision
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Provision is an amount set aside in financial statements to cover anticipated future expenses or losses.
• Provision is a liability that is recognized on the balance sheet.

• It is used to account for potential future expenses or losses that are uncertain but likely to occur.

• Examples of provisions include bad debt provisions, warranty provisions, and restructuring provisions.
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