QX Global Group Accountant Interview Questions and Answers for Experienced

Recording the purchase of a pen involves a journal entry reflecting the transaction in accounting records.

• Identify the accounts involved: 'Office Supplies' and 'Cash' or 'Accounts Payable'.

• Determine the cost of the pen, e.g., $2.00.

• Debit 'Office Supplies' for $2.00 to increase assets.

• Credit 'Cash' or 'Accounts Payable' for $2.00 to decrease cash or increase liabilities.

Motivating employees without monetary benefits involves recognition, growth opportunities, and fostering a positive work environment.

• Recognition and Praise: Regularly acknowledge employees' hard work and achievements, such as through 'Employee of the Month' programs.

• Professional Development: Offer training sessions, workshops, or mentorship programs to help employees grow their skills and advance their careers.

• Flexible...read more

I would assess the situation, engage remaining team members, and seek external expertise to ensure continuity and knowledge transfer.

• Conduct a thorough assessment of the current projects and identify critical knowledge gaps left by the SMEs.

• Engage remaining team members to leverage their insights and experience, fostering a collaborative environment.

• Implement a knowledge transfer plan, documenting processes and best pr...read more