quatrro business support services Accounts Analyst Interview Questions and Answers

Q1. Accounts related questions? What is the cash application cycle. Cash application cycle is the process of business taking incoming customer payment, Matching them to the corresponding to invoice.It hels to ...read more
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Q2. What is P2P Accounting P2P stands for Procure to Pay is the processing of acquiring goods or services for a business. It's knowns as purchase to pay.
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Q3. What is R2R in Accounting Record to report is the process of financial and accounting that involves processing,collecting and reporting financial data. It helps to ensure that companies financial statement...read more
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Q4. Cash sales journal entry with discount. Cash ac dr To sales
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Q5. What is the 10 concept of Ms excel. Business analyzies People management Managing Operation Performance Reporting Office administration Strategic Analysis Project management Managing Program Contr...read more
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Q1. What is Accounts payable
Ans. 
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable is a liability on the balance sheet

• It represents the amount of money owed by a company to its suppliers or vendors

• It is typically recorded when goods or services are received but payment has not yet been made

• Accounts payable is an important part of a company's working capital man
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Q2. What is Bank reconcilation statment
Ans. 
Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.
• It is used to identify any discrepancies between the two sets of records.

• It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.

• The goal is to ensure the accuracy of the company's financial records and the bank's records.

• Once discrepancies are identifi...read more
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Q1. What have you learned during your time with this company?
Ans. 
During my time with this company, I have learned the importance of attention to detail, effective communication, and time management.
• Importance of attention to detail in financial records and reports

• Effective communication with team members and clients for smooth workflow

• Time management skills to prioritize tasks and meet deadlines
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Q2. How has this experience helped you to grow your career?
Ans. 
My experience has helped me grow my career by providing me with valuable skills and knowledge in accounting.
• Developed strong analytical skills through handling financial data and reports

• Improved my communication skills by interacting with clients and colleagues

• Enhanced my ability to work under pressure and meet deadlines

• Gained a deeper understanding of accounting principles and practices

• Increased my proficiency in usin
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Q3. Help me for carrier growth
Ans. 
Continuous learning, networking, setting goals, seeking feedback, and taking on new challenges are key for career growth.
• Continuously seek opportunities to learn and develop new skills

• Network with professionals in your field to expand your opportunities

• Set clear and achievable career goals to work towards

• Seek feedback from mentors and supervisors to improve performance

• Take on new challenges and responsibilities to demo
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Q1. What is Accounts payable
Ans. 
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable represents a company's short-term debt obligations to its suppliers or vendors.

• It is listed as a current liability on the company's balance sheet.

• Accounts payable is typically settled within a short period, often within 30 to 60 days.

• Examples of accounts payable include invoices ...read more
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Q2. What is PO and Non PO & what is 2 way and 3 way match
Ans. 
PO stands for Purchase Order, Non PO refers to transactions without a Purchase Order. 2 way match involves matching the invoice with the PO, while 3 way match involves matching the invoice, PO, and receiving report.
• PO (Purchase Order) is a document issued by a buyer to a seller, outlining the products or services to be purchased.

• Non PO transactions are purchases made without a formal Purchase Order.

• 2 way match is the p...read more
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Q1. Tell me about your self
Ans. Name :ch Ashok Father name: Jagannathan Date of Birth: 11/29/2000 Qualification:degree (bsc )chemistry Address: 1-134 vadanarasapuram Rambilli (Mandalay) Anakapalli (District) PIN code:531061
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Q2. Resume based questions
Ans. You have done your internship in HR right
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Q3. How do you define success
Ans. When you complete a task that you set up to do you have achieved success
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Q4. What are your expectations in terms of a salery
Ans. 
I expect a competitive salary that reflects my experience and skills in the industry.
• I am looking for a salary that is in line with industry standards for an Accounts Manager position.

• I expect to be compensated fairly based on my qualifications and the responsibilities of the role.

• I am open to negotiation but would like to see a clear path for salary growth and advancement opportunities.

• I value a comprehensive benefits...read more
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Q5. What do you know about tech mahindra
Ans. Tech Mahindra limited is an Indian multinational company that offers business support services (BPO),networking technology solutions, information technology (lay) to the telecommunications sector
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Q6. Are you team player
Ans. The majority of my work has been completed in teams
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Q7. When was tech Mahindra founded
Ans. Tech Mahindra was founded in October 24 1986
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Q8. What area you hobbies and interests
Ans. Tell the interviewer about your hobbies and interests such as I like playing cricket and reading novels
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Q9. Where do you see yourself in the next 5 years
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Q10. I see myself working for a respectable company like yours in a successful position in five years
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Q11. What are the most important things for you in a job
Ans. The most important aspect of my job in being able to produce high-quality results on schedule
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Q12. Do you have any questions
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Write a program to return the difference between the count of odd numbers and even numbers

Accounting questions for aptitude test

Q1. What is working capital
Ans. 
Working capital is the difference between a company's current assets and current liabilities.
• Working capital is a measure of a company's operational efficiency and short-term financial health.

• It shows how much liquid assets a company has available to meet its short-term obligations.

• Formula: Working Capital = Current Assets - Current Liabilities

• Examples of current assets: cash, accounts receivable, inventory

• Examples of ...read more
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Q2. What is a accounting process
Ans. 
Accounting process refers to the series of steps taken to record, analyze, and report financial transactions of a business.
• The accounting process starts with identifying and recording financial transactions.

• Transactions are then classified into different accounts based on their nature (e.g. assets, liabilities, equity, revenue, expenses).

• The recorded transactions are then summarized and analyzed to prepare financial st...read more
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Q3. All accounting questions
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Q4. State the three main types of accounting
Ans. 
The three main types of accounting are financial accounting, management accounting, and tax accounting.
• Financial accounting focuses on recording and reporting financial transactions of a business.

• Management accounting involves providing information to help with internal decision-making and planning.

• Tax accounting deals with tax-related matters, such as preparing tax returns and ensuring compliance with tax laws.
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Q5. Golden rules of accounting
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• The three golden rules of accounting are: 1. Debit the receiver, credit the giver 2. Debit what comes in, credit what goes out 3. Debit expenses and losses, credit income and gains

• These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.

• For example, when a...read more
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Q1. Why should we hire you?
Ans. 
I have a proven track record of successfully managing accounts, strong analytical skills, and excellent communication abilities.
• Proven track record of successfully managing accounts

• Strong analytical skills

• Excellent communication abilities
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Q2. Why should we not hire you?
Ans. 
You should not hire me if you are looking for someone who is not open to new ideas and feedback.
• I may not be the best fit if you are seeking a candidate who is not adaptable to change.

• If you prefer someone who does not challenge the status quo, I may not be the right choice.

• I may not be the ideal candidate if you are looking for someone who is not willing to learn and grow in their role.
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Q1. Would you you be able to work on saturdays?
Ans. Say yes. They usually dont make you come in on saturdays.
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Q2. Where do you see yourself in 5 years?
Ans. I see myself continuing to work hard in my current role and making progress in the aligned vertical. I also see myself gaining the required knowledge and technical skills required to carry out my responsibilities. I see myself developing good relationship with my colleagues and the leadership as well.
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Q1. Same questions as above
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Q2. Refer above questions
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