Shyam Steel Industries Interview Questions and Answers

Q1. Can I handle project site accounts
Ans. 
Yes, I can effectively manage project site accounts with precision and attention to detail.
• Experience in managing budgets and financial reports for construction projects.

• Proficient in using accounting software like QuickBooks or SAP for tracking expenses.

• Ability to reconcile accounts and ensure accurate financial records.

• Strong understanding of project costing and forecasting to manage cash flow.

• Example: Successfully m...read more
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Q2. How to handle petty cash
Ans. 
Petty cash should be handled with strict controls and proper documentation.
• Designate a specific amount for petty cash and keep it in a secure location.

• Create a petty cash log to track all transactions and receipts.

• Require receipts for all petty cash expenses and reconcile regularly.

• Limit access to petty cash and designate one person responsible for managing it.

• Periodically audit the petty cash fund to ensure accuracy a...read more
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Q3. How to check invoice
Ans. 
To check an invoice, verify the details against the purchase order and receipt of goods.
• Compare the invoice details with the purchase order to ensure accuracy.

• Check the quantities and prices on the invoice against the receipt of goods.

• Verify that the invoice includes all necessary information such as vendor details, invoice number, and payment terms.

• Ensure that any discounts or credits are applied correctly.

• Confirm tha...read more
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Q4. How to payment made
Ans. 
Payments are typically made through various methods such as checks, wire transfers, online payments, or cash.
• Payments can be made via checks, where the payer writes a check to the payee.

• Wire transfers involve electronically transferring funds from one bank account to another.

• Online payments can be made through platforms like PayPal, credit/debit cards, or mobile payment apps.

• Cash payments are made in physical currency,...read more
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Q5. GST knowledge
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Q6. SAP knowledge
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Q7. ERP knowledge
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Q1. How many years experience
Ans. 
I have 5 years of experience working as an accountant in various industries.
• 5 years of experience as an accountant

• Worked in various industries

• Familiar with different accounting practices and systems
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Q2. Privious company salary
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Skilled check, communication skills check

Q1. What preparation need to be made for commissioning?
Ans. 
Preparation for commissioning involves thorough testing, documentation, safety checks, and coordination.
• Ensure all equipment is installed correctly and functioning properly

• Conduct thorough testing to identify any issues or malfunctions

• Prepare detailed documentation of equipment specifications, procedures, and safety protocols

• Perform safety checks to ensure compliance with regulations and standards

• Coordinate with variou...read more
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Q2. We use any industrial drawing?
Ans. 
Yes, industrial drawings are essential for Diploma Mechanical Engineers to understand and communicate design specifications.
• Industrial drawings are used to communicate design specifications, dimensions, and tolerances.

• They are essential for manufacturing, assembly, and maintenance processes.

• Examples include blueprints, CAD drawings, and technical sketches.

• Understanding industrial drawings is crucial for interpreting en...read more
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Q1. Shyam steel company lunching date
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Q2. Shyam steel company one day production limite
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Q3. Shyam steel company one year tear limit
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Q4. Shyam steel company is owner name
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Q1. ITI related Questions
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Q1. How will you increase the Sales Volume using the existing infrastructure??
Ans. 
Leverage existing resources, optimize processes, and enhance customer engagement to boost sales volume effectively.
• Enhance customer engagement through targeted marketing campaigns, such as personalized emails or loyalty programs.

• Optimize sales processes by implementing CRM tools to track customer interactions and streamline follow-ups.

• Train sales staff on upselling and cross-selling techniques to increase average trans...read more
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Q2. What are the areas you need to modify to optimize the sales volume
Ans. 
To optimize sales volume, focus on market analysis, customer engagement, pricing strategies, and distribution channels.
• Conduct thorough market analysis to identify trends and customer needs, e.g., using surveys or focus groups.

• Enhance customer engagement through personalized marketing campaigns, such as targeted emails based on purchase history.

• Review and adjust pricing strategies to remain competitive, e.g., implement...read more
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