Rallis India Senior Executive Interview Questions and Answers

Q1. What is depreciation
Ans. 
Depreciation is the allocation of the cost of a tangible asset over its useful life.
• Depreciation is a non-cash expense that reduces the value of an asset over time.

• It reflects the wear and tear, obsolescence, or decrease in value of the asset.

• Common methods of calculating depreciation include straight-line, double declining balance, and units of production.

• Example: A company purchases a delivery truck for $50,000 with ...read more
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Q2. What is accrual
Ans. 
Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period, even if cash has not been exchanged.

• Accruals are used to provide a more accurate representation of a company's financial position and performance.

• Examples of accruals include accounts receivable, accounts payable, and acc
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Group discussion on the topic of politics.

In case staff is on vacation, than how to handle in minimum staff.

General knowledge test about field

Q1. How will you contribute to organisation
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Q1. Safety culture and unitnprocess
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Profit loss understanding with algebraic knowledge

Q1. If selling price is doubled, the profit triples. Find the profit percent.
Ans. 
To find the profit percent when selling price is doubled and profit triples.
• Let the cost price be C, selling price be S, and profit be P.

• Given, 2S = S + 3P (since selling price is doubled and profit triples)

• From the above equation, we can find the profit percent using the formula: Profit percent = (P/C) * 100
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Q1. Introduction, area related question
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Q1. Logistics related question, import export questions
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