DTDC Express Interview Questions and Answers

Yes, I have extensive experience in bank stock audit.

• I have conducted bank stock audits for multiple financial institutions.

• I am familiar with the regulatory requirements and best practices in bank stock auditing.

• I have experience in analyzing financial statements, assessing risk, and evaluating internal controls specific to bank stocks.

The difference between debit/credit balance of company books and bank books is due to timing differences in recording transactions.

• Debit balance in company books means assets increase and liabilities decrease, while credit balance means the opposite.

• Debit balance in bank books means money received, while credit balance means money paid out.

• Timing differences can occur when transactions are recorded in one set of books but not the other yet.

• Reconciling the balances involves co...read more

The Gstr-3b due date is the deadline for filing the monthly summary return for GST.

• The Gstr-3b due date is usually the 20th of the following month.

• For example, if you are filing for the month of January, the due date would be February 20th.

• Failure to file Gstr-3b by the due date may result in penalties.

Balance sheet components include assets, liabilities, and equity, providing a snapshot of a company's financial position at a specific point in time.

• Assets represent what the company owns, such as cash, inventory, and property.

• Liabilities are what the company owes, like loans, accounts payable, and bonds.

• Equity is the difference between assets and liabilities, showing the net worth of the company.

• Balance sheet equation: Assets = Liabilities + Equity.

• Example: If a company has ...read more

The work in progress formula calculates the value of unfinished goods or services in production.

• The work in progress formula is: Beginning WIP + Manufacturing Costs - Ending WIP

• Beginning WIP is the value of unfinished goods at the start of the accounting period

• Manufacturing Costs include direct materials, direct labor, and overhead costs

• Ending WIP is the value of unfinished goods at the end of the accounting period

GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.

• GST is a consumption tax that is imposed on the supply of goods and services in India.

• It is a comprehensive tax levied on the supply of goods and services across the country.

• GST has replaced multiple indirect taxes like VAT, service tax, excise duty, etc.

• It is divided into Central GST (CGST), State GST (SGST), and Integrated GST (IGST) depending on the type...read more

Yes, TDS stands for Total Dissolved Solids and refers to the combined content of all inorganic and organic substances contained in a liquid.

• TDS is commonly measured in water quality testing to determine the purity of the water.

• High TDS levels can indicate contamination or the presence of harmful substances.

• TDS can be measured using a TDS meter or through laboratory analysis.

A pivot table in Excel is a powerful tool that allows you to summarize and analyze large amounts of data in a structured format.

• Pivot tables are used to reorganize and summarize selected columns and rows of data in a spreadsheet or database table.

• They allow you to quickly create reports and analyze trends, patterns, and relationships within your data.

• You can easily group, sort, filter, and calculate data in a pivot table to gain insights and make data-driven decisions.

• For exa...read more