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Ratnam Motors Accountant Interview Questions and Answers

Updated 8 Jan 2022

Ratnam Motors Accountant Interview Experiences

1 interview found

Accountant Interview Questions & Answers

user image Anonymous

posted on 8 Jan 2022

I applied via Walk-in and was interviewed before Jan 2021. There were 4 interview rounds.

Interview Questionnaire 

1 Question

  • Q1. Basic acc skills system test

Interview Preparation Tips

Interview preparation tips for other job seekers - be prepare skills in resume

Interview questions from similar companies

I applied via Recruitment Consultant and was interviewed before Nov 2019. There were 3 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Questions related to accounts as well as so important topics like rules of accounting
  • Q2. Questions regarding the company like its working and CEO

Interview Preparation Tips

Interview preparation tips for other job seekers - Ne confident and see nothing gonna stop you.

Interview Questionnaire 

2 Questions

  • Q1. What is brs?
  • Ans. 

    BRS stands for Bank Reconciliation Statement, which is a statement that compares the bank balance as per bank statement with the balance as per company's books.

    • BRS helps in identifying any discrepancies between the bank statement and company's books

    • It ensures that all transactions are recorded accurately

    • It helps in detecting any fraudulent activities

    • Example: If the bank statement shows a different balance than the comp...

  • Answered by AI
  • Q2. What is book keeping?
  • Ans. 

    Bookkeeping is the process of recording financial transactions and maintaining financial records.

    • Bookkeeping involves recording all financial transactions of a business.

    • It includes maintaining records of income, expenses, assets, and liabilities.

    • Bookkeeping is essential for preparing financial statements and tax returns.

    • Examples of bookkeeping tasks include recording sales, tracking expenses, and reconciling bank state

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - be quick in answering

I applied via Company Website and was interviewed in Sep 2020. There were 2 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Tell about your self
  • Ans. 

    I am an experienced accountant with a strong attention to detail and a passion for numbers.

    • Experienced accountant with a track record of accurately managing financial records

    • Strong attention to detail and ability to analyze complex financial data

    • Proficient in using accounting software and spreadsheets

    • Excellent communication and interpersonal skills

    • Ability to work independently and meet deadlines

    • Example: In my previous ...

  • Answered by AI
  • Q2. What yours previous experience
  • Ans. 

    I have 5 years of experience as an Accountant in a multinational company.

    • Worked as an Accountant for 5 years in a multinational company

    • Managed financial records and prepared financial statements

    • Performed budgeting and forecasting activities

    • Handled accounts payable and accounts receivable

    • Conducted financial analysis and provided recommendations for improvement

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Google Accountant interview:
  • Financial Accounting
Interview preparation tips for other job seekers - I Will attend no .of companies all asking tell me your self ...why not asking tell your skills and ideas, how to develop company

I applied via Referral and was interviewed in Jul 2022. There were 2 interview rounds.

Round 1 - HR 

(1 Question)

  • Q1. Need in accounting and auditing role
Round 2 - One-on-one 

(1 Question)

  • Q1. Accounting and auditing role

Interview Preparation Tips

Interview preparation tips for other job seekers - Acconting golden rules and accounting concepts and auditing
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Approached by Company and was interviewed in Oct 2022. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Tell me something about ypurself
Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Technical 

(2 Questions)

  • 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 company's obligation to pay off short-term debts to creditors

    • It includes invoices from suppliers, utility bills, and other expenses

    • Accounts Payable is typically recorded when goods or services are received, not when they are pa

  • Answered by AI
  • Q2. What is Procure to pay ?
  • Ans. 

    Procure to pay is the process of obtaining and paying for goods and services from suppliers.

    • Involves requesting goods/services, receiving them, approving invoices, and making payments

    • Includes steps like purchase requisition, purchase order, goods receipt, invoice verification, and payment processing

    • Helps streamline the purchasing process and ensure timely payments to suppliers

  • Answered by AI
Interview experience
2
Poor
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Company Website and was interviewed in Sep 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Double-check your resume for any spelling mistakes. The recruiter may consider spelling mistakes as careless behavior or poor communication skills.
View all tips
Round 2 - Aptitude Test 

Accounting questions for aptitude test

Round 3 - One-on-one 

(5 Questions)

  • 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 ...

  • Answered by AI
  • 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...

  • Answered by AI
  • Q3. All accounting questions
  • 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.

  • Answered by AI
  • 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...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for WNS Accountant interview:
  • Accounting job
Interview preparation tips for other job seekers - Practice makes perfect
Round 1 - Technical 

(4 Questions)

  • Q1. What is CMMI expand and what is sweep account. What is marginal cost what js expense nd expenditure
  • Ans. 

    CMMI is a process improvement model. Sweep account is a bank account. Marginal cost is the cost of producing one additional unit. Expense is a cost incurred in the normal course of business. Expenditure is a payment made for goods or services.

    • CMMI stands for Capability Maturity Model Integration and is a process improvement model used in software development.

    • Sweep account is a bank account that automatically transfers ...

  • Answered by AI
  • Q2. What is depreciation what is fixed assets some eg. What is capital gains
  • Ans. 

    Depreciation is the decrease in value of an asset over time. Fixed assets are long-term assets that are not easily converted to cash. Capital gains are profits from the sale of an asset.

    • Depreciation is the allocation of the cost of an asset over its useful life

    • Fixed assets are tangible assets that are expected to provide economic benefits for more than one year

    • Examples of fixed assets include buildings, machinery, and ...

  • Answered by AI
  • Q3. What is capital exp .what is the abbreviation for debtors
  • Ans. 

    Capital exp refers to expenses incurred for acquiring or improving fixed assets. Abbreviation for debtors is DR.

    • Capital exp is a long-term investment in assets that will benefit the company for many years.

    • Examples of capital exp include purchasing a new building or machinery.

    • Debtors are customers who owe money to the company for goods or services provided.

    • The abbreviation for debtors is DR, which is used in accounting

  • Answered by AI
  • Q4. What is the abbreviations for creditor
  • Ans. 

    The abbreviation for creditor is CR.

    • CR stands for creditor

    • CR is used in accounting and finance

    • CR is the opposite of debtor (DR)

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - I want a job which suits my personality and as well I'll wrk hard on my wrk nd make sure I wont let down the company

I applied via Naukri.com and was interviewed in Feb 2022. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - HR 

(2 Questions)

  • Q1. Tell me about yourself.
  • Q2. What is your hobbies

Interview Preparation Tips

Interview preparation tips for other job seekers - Thank you giving me this opportunity and I blessed them

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