Patanjali Foods Accountant Interview Questions and Answers

Q1. Working knowledge , financial work, taxation work
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Q1. What is balance sheet
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time.
• It provides a snapshot of a company's financial position.

• Assets are what the company owns, liabilities are what it owes, and shareholders' equity is the difference between the two.

• The balance sheet follows the accounting equation: Assets = Liabilities + Shareholders' Equity.

• It helps in...read more
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Q2. What is prepaid expenses
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Prepaid expenses are expenses that have been paid for in advance but have not yet been incurred.
• Prepaid expenses are considered assets on the balance sheet until they are used up or expire.

• Common examples of prepaid expenses include prepaid rent, insurance premiums, and subscriptions.

• Prepaid expenses are initially recorded as assets and then gradually expensed over time as they are used or consumed.
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Q1. Accountant related work
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Q2. What about your experience
Ans. 
I have over 10 years of experience in accounting, including managing financial statements and budgets.
• Managed financial statements for a multi-million dollar company

• Developed and monitored budgets to ensure financial stability

• Led a team of accountants to streamline processes and improve efficiency
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Q3. What is your self experience
Ans. 
I have over 10 years of experience in accounting, including managing financial statements and budgets.
• Managed financial statements for a large corporation

• Developed and monitored budgets for various departments

• Implemented cost-saving measures to improve profitability

• Led a team of accountants to ensure accurate and timely reporting
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Q4. What is your family backround
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My family background is diverse and multicultural, with members from various professions and backgrounds.
• My parents are both educators, with my mother being a high school teacher and my father a college professor.

• I have a sibling who works in the technology industry as a software engineer.

• My extended family includes doctors, lawyers, and entrepreneurs, providing a wide range of perspectives and experiences.

• We celebrate...read more
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Q5. WHAT IS SALARY EXPTECTED ?
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The expected salary for an Executive Accountant varies depending on factors such as experience, location, and company size.
• Expected salary can range from $60,000 to $100,000+ per year.

• Factors influencing salary include years of experience, level of education, industry, and geographic location.

• Research industry standards and salary surveys to determine a reasonable salary expectation.

• Consider negotiating benefits and bo
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Q6. WHAT IS OFFICE TIMING ?
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Office timing refers to the designated hours during which employees are expected to be present at work.
• Office timing typically includes a start time, end time, and any designated break periods.

• It may vary depending on the company's policies and industry standards.

• For example, a typical office timing could be from 9:00 AM to 5:00 PM with a one-hour lunch break from 12:00 PM to 1:00 PM.
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Basic assessment likes journal entries - sales and depreciation and few basic questions

Q1. Tell me about your self, And previous work experience.
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Q2. Are you willing to work with us?
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Q1. Do you know about Vlookup?
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Q2. Do you know about Pivot Table and basic excel?
Ans. 
Yes, I am familiar with Pivot Tables and basic Excel functions.
• I have experience creating Pivot Tables to summarize and analyze data in Excel.

• I am proficient in using functions like VLOOKUP, SUMIF, and COUNTIF in Excel.

• I can manipulate data using filters, sorting, and conditional formatting in Excel.

• I have used Excel for financial analysis, budgeting, and forecasting.

• I am comfortable working with large datasets and cre
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Q1. Working knowledge , financial work, taxation work
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