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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...
Interview Preparation Tips
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I applied via Referral and was interviewed in Feb 2021. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. Personal questions n technical ones
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Mar 2021. There was 1 interview round.
Interview Questionnaire
3 Questions
- Q1. Tell me about yourself.
- Q2. What do you know about BPO?
- Ans.
BPO stands for Business Process Outsourcing. It involves contracting a third-party service provider to handle specific business processes.
BPO is a cost-effective way for companies to outsource non-core business functions such as customer service, data entry, and accounting.
BPO providers are typically located in countries with lower labor costs, such as India and the Philippines.
BPO services can be categorized into back...
- Q3. How will you handle an angry customer?
- Ans.
I will listen to their concerns, empathize with them, and offer a solution to their problem.
Listen actively to their complaints
Empathize with their situation
Apologize for any inconvenience caused
Offer a solution to their problem
Follow up to ensure their satisfaction
Interview Preparation Tips
I applied via Walk-in and was interviewed before Mar 2021. There were 3 interview rounds.
Basic mathematical questions asked along with a check of English speaking
(3 Questions)
- Q1. What are your salary expectations?
- Q2. Why should we hire you?
- Q3. Tell me about yourself.
Interview Preparation Tips
I applied via Walk-in and was interviewed before Dec 2020. There were 5 interview rounds.
Interview Questionnaire
1 Question
- Q1. Accounting questions
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. About yourself. Say from any topic you chose for 2 min
Interview Preparation Tips
Kode Divya Sri
I applied via Naukri.com and was interviewed before Mar 2021. There were 4 interview rounds.
(1 Question)
- Q1. Concepts of financial statements and depth analysis of accounting
(2 Questions)
- Q1. What are your salary expectations?
- Q2. Why should we hire you?
Quick assignment to test soft skills and accounting standards
Interview Preparation Tips
I applied via Naukri.com and was interviewed in Feb 2021. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Regarding my old company and my work
Interview Preparation Tips
I applied via Walk-in and was interviewed before Aug 2021. There were 3 interview rounds.
(2 Questions)
- Q1. Question about job experience previous about my self introduction
- Q2. Dnt knw exactly was asked
No questions were asked
(1 Question)
- Q1. Introduction part was taken only
Interview Preparation Tips
I applied via Referral and was interviewed in Mar 2021. There was 1 interview round.
Interview Questionnaire
1 Question
- Q1. About US Mortgage, and all it’s documents and related my previous experience
Interview Preparation Tips
Provana Interview FAQs
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