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Shipco Transport
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Shipco Transport Accountant Interview Questions and Answers
Shipco Transport Accountant Interview Experiences
1 interview found
Anonymous
I applied via Walk-in and was interviewed in May 2022. There were 4 interview rounds.
In this company 1 st round is for aptitude test. Mathamatical and reasoning tests are conducted. 10 questions on accounting related. 30 marks is for aptitude test.
(2 Questions)
- Q1. For the post of accounting very few basic question is asked. But make sure that your answer should be in english language. Golden rules of accointing. Bank reconciltion meaning. Journal entries purchase an...
- Q2. 1 tell me something about yourselves.
(1 Question)
- Q1. Hr tell about the company and asked about your personal experience.
Interview Preparation Tips
Interview questions from similar companies
Aptitude test was quit difficult and bound with timings
(1 Question)
- Q1. One on one round was good, it was interactive and good knowledge check.
(1 Question)
- Q1. Technical round was technically questions were asked and very easy way of having it
(1 Question)
- Q1. Salary discussion with HR but not worthy
(1 Question)
- Q1. Final selection for the position in cash and bank
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Jan 2022. There were 2 interview rounds.
Easy test of reasoning and maths question
(2 Questions)
- Q1. What is Accrual concept? Reason for change? Salary expectation? Team management scenerio Weakness,improvements
- Q2. What is your end goal? How did you overcome escalations?
Interview Preparation Tips
- Accounting
- Team Management
Overview of accounting and accrual concept.
I applied via Walk-in and was interviewed in May 2023. There was 1 interview round.
(3 Questions)
- Q1. What is AP procedure
- Ans.
AP procedure refers to the process of managing accounts payable, including receiving, verifying, and recording invoices for payment.
Receiving invoices from vendors
Verifying the accuracy of invoices
Recording invoices in the accounting system
Processing payments to vendors
Reconciling accounts payable with vendor statements
- Q2. What is AR procedure
- Ans.
AR procedure refers to the process of managing accounts receivable, including invoicing, tracking payments, and following up on overdue accounts.
AR procedure starts with sending invoices to customers for goods or services provided.
It involves tracking payments received and reconciling them with the invoices issued.
Follow-up on overdue accounts is a crucial part of AR procedure to ensure timely payment.
AR procedure may ...
- Q3. Nothing from my side
Interview Preparation Tips
Skills evaluated in this interview
Selected
I applied via Newspaper Ad and was interviewed before Feb 2022. There was 1 interview round.
(3 Questions)
- Q1. Basics about company.
- Q2. Basics about family.
- Q3. General knowledge questions
Interview Preparation Tips
I applied via Referral and was interviewed in May 2021. There was 1 interview round.
Interview Questionnaire
2 Questions
- Q1. What is FMCG .
- Ans.
FMCG stands for Fast Moving Consumer Goods, which are products that are sold quickly and at a relatively low cost.
FMCG products are typically non-durable goods that are consumed or used up quickly, such as food, beverages, toiletries, and cleaning products.
These products are sold in large quantities and at a low profit margin, but generate high sales volume due to their high demand.
FMCG companies often rely on extensiv...
- Q2. How to develop the distribution
- Ans.
Developing distribution involves identifying target markets, creating a distribution strategy, and building relationships with distributors.
Conduct market research to identify potential target markets
Create a distribution strategy that aligns with the company's goals and objectives
Build relationships with distributors by offering incentives and providing excellent customer service
Regularly evaluate and adjust the distr...
Interview Preparation Tips
Skills evaluated in this interview
Selected
I was interviewed before Jun 2023.
(2 Questions)
- Q1. Tell me about yourself
- Q2. Jobs Roles and Responsibilities etc.
Logical+ Attitude +Math
(2 Questions)
- Q1. Question on day to day Roles
- Q2. Process question
I applied via Referral and was interviewed in Nov 2022. There were 3 interview rounds.
(1 Question)
- Q1. General check regarding keyboard typing
(1 Question)
- Q1. Accrual concept of accounting Accounting standards
- Ans.
Accrual concept recognizes revenue and expenses when they are earned/incurred, regardless of when cash is received/paid. Accounting standards provide guidelines for financial reporting.
Accrual concept is based on matching revenue and expenses in the same accounting period
Revenue is recognized when it is earned, not when cash is received
Expenses are recognized when they are incurred, not when cash is paid
Accounting stan...
Interview Preparation Tips
- General Accounting
They will ask you to do typing test even for experienced professionals.
I attended interview 3 rounds in 3 days
It was good
Good
(1 Question)
- Q1. It was challenging and good
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Sep 2023. There were 3 interview rounds.
(3 Questions)
- Q1. If you have experience, it's related to your performance and roles and responsibilities based
- Ans. 2 way matches and 3 way matches
- Q2. Journal entry? Credit memo and debit memo ?
- Q3. Accounts payable accounts Debit to Cash account credit
(1 Question)
- Q1. Accurel and SAP T codes
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