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Provana Finance Accounts Process Associate Interview Questions and Answers
Provana Finance Accounts Process Associate Interview Experiences
1 interview found
Anonymous
I applied via Recruitment Consultant and was interviewed in Dec 2019. There were 4 interview rounds.
Interview Questionnaire
3 Questions
- Q1. What is bank reconciliation statements ?
- Ans.
Bank reconciliation statement is a document that compares the bank statement with the company's accounting records.
It helps identify any discrepancies between the two records.
It ensures that all transactions are recorded accurately.
It includes items such as deposits in transit, outstanding checks, and bank errors.
It is usually prepared on a monthly basis.
Example: If a company records a check as $500 but the bank statem...
- Q2. Explain minimum 7 reasons for preparing of bank reconciliation statements .
- Ans.
Bank reconciliation statements are important for several reasons.
Identifying errors or discrepancies in bank transactions
Ensuring accuracy of accounting records
Preventing fraud or embezzlement
Tracking outstanding checks or deposits
Identifying bank fees or charges
Reconciling differences between bank and book balances
Providing evidence for audits or financial statements
- Q3. What is the COGS ? √√√√ Prepaid rent , Fictitious assets & Basis knowledge of
- Ans.
COGS stands for Cost of Goods Sold, which is the direct cost of producing goods or services sold by a company.
COGS includes the cost of materials, labor, and overhead expenses directly related to the production of goods or services.
It is subtracted from the revenue generated by the sale of goods or services to determine the gross profit.
COGS is an important metric for businesses to track as it directly impacts their pr...
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Interview questions from similar companies
I applied via Recruitment Consultant and was interviewed before Aug 2020. There were 4 interview rounds.
Interview Questionnaire
2 Questions
- Q1. This was my 1st company and I was fresher so basis introduction and why should we hire you for this particular position,
- Q2. One more questions ask if as a fresher if we choose in this company and for future, they gave Good salary offer what will do? And one more question ask what is important for you money or job.
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Nov 2021. There were 2 interview rounds.
Basic questions regards maths, then English
(2 Questions)
- Q1. Details about one self
- Q2. Why you chose Wipro?
Interview Preparation Tips
I applied via Referral and was interviewed before Jan 2021. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. Personal information
- Q2. About myself
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Sep 2021. There were 3 interview rounds.
Basic excel and grammar questions
A topic would be given to the candidates. Ex. "Pro's and Con's of social media"
(1 Question)
- Q1. Meaning of financial terms. My Self.
- Ans.
Financial terms refer to the vocabulary used in the world of finance and economics.
Financial terms include words and phrases related to investments, banking, accounting, and more.
Examples of financial terms include assets, liabilities, interest rates, dividends, and capital gains.
Understanding financial terms is important for making informed financial decisions and communicating effectively with financial professionals
Interview Preparation Tips
I applied via Campus Placement and was interviewed before Dec 2020. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. Tell me about yourself
Interview Preparation Tips
I applied via Campus Placement and was interviewed before Feb 2021. There were 4 interview rounds.
Do with confidence prepare your self
Start putting your points on first 3 mins only
(1 Question)
- Q1. Some accounts based questions
(5 Questions)
- Q1. What is your family background?
- Q2. Why should we hire you?
- Q3. Where do you see yourself in 5 years?
- Q4. Tell me about yourself.
- Q5. What are your strengths and weaknesses?
Interview Preparation Tips
- Technical Skills
Mohammed Javeed Rahman
Interview Questionnaire
1 Question
- Q1. Tell me what you self
- Ans.
I am a dedicated and detail-oriented individual with strong analytical skills and a passion for process improvement.
I am highly organized and able to multitask effectively
I have experience in data analysis and problem-solving
I am a quick learner and always eager to expand my knowledge and skills
I applied via Naukri.com and was interviewed before Aug 2021. There were 2 interview rounds.
It includes basic English, reasoning and Quantitative questions
Interview Preparation Tips
I applied via Recruitment Consultant and was interviewed before Sep 2020. There was 1 interview round.
Interview Questionnaire
3 Questions
- Q1. General English speaking ability
- Ans. A short speech in any topic
- Q2. Identify langauge skills
- Q3. This test will be on a computer to identify language skills
Interview Preparation Tips
Provana Interview FAQs
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