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Sipani & Associates Chartered Accountants Junior Accounts Assistant Interview Questions, Process, and Tips
Sipani & Associates Chartered Accountants Junior Accounts Assistant Interview Experiences
1 interview found
Anonymous
Knowledge about Accounts
(5 Questions)
- Q1. Types of accounts
- Ans.
Types of accounts include asset, liability, equity, revenue, and expense accounts.
Asset accounts represent items of value owned by a company, such as cash, inventory, and property.
Liability accounts represent debts or obligations owed by a company, such as loans and accounts payable.
Equity accounts represent the owner's interest in the company, including capital and retained earnings.
Revenue accounts track income gener...
- Q2. What is jounal entry
- Ans.
A journal entry is a record of a financial transaction in a company's accounting system.
It is used to record the debit and credit aspects of a transaction.
Journal entries are typically recorded in chronological order.
Each journal entry includes the date, accounts involved, amounts, and a brief description.
They are used to update the general ledger and prepare financial statements.
Example: A company receives cash from a...
- Q3. What is trail balance
- Ans.
A trial balance is a statement that lists all the general ledger accounts and their balances to ensure that debits equal credits.
A trial balance is prepared to check the accuracy of the accounting records.
It lists all the accounts and their balances, including both debit and credit balances.
The total of debit balances should equal the total of credit balances.
If the totals do not match, it indicates an error in the acc...
- Q4. What is balance sheet
- Ans.
A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time.
It shows the assets, liabilities, and shareholders' equity of a company.
Assets include cash, inventory, property, and equipment.
Liabilities include loans, accounts payable, and accrued expenses.
Shareholders' equity represents the company's net worth.
The balance sheet follows the formula: Asset...
- Q5. What is contingent liability
- Ans.
Contingent liability refers to a potential obligation that may arise in the future depending on the outcome of a specific event or circumstance.
It is a possible liability that is uncertain and depends on a future event.
Contingent liabilities are disclosed in the financial statements as footnotes.
Examples include pending lawsuits, warranties, and guarantees.
They are not recognized as actual liabilities until the event o...
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Selected
I applied via Walk-in and was interviewed in May 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about your self
- Ans. Good morning sir First of all , thank you so much for giving me this opportunity to introduce myself. My name is Mohd khajamohinnuddin i’ m from Hyderabad , Telangana states. I am from a middle class family . My father is a carpenter and inventor , my mother is a housewife. And i have 2 elder brothers . Currently, i am working in Modi property pvt ltd role accountant Handling project of MBMC (Methodist complex) l...
- Q2. Tell me about your experience
- Ans. First I was jr accountant and assistant in previous office for 3 months after that they given projects after I became accountant by my self handling over all me , payments , gst , tbs , reports targets , filing , vouchers entry etc..
Interview Preparation Tips
(2 Questions)
- Q1. 5 years plan and why want to join us
- Q2. Want see myself in Managerial post
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed in Nov 2024. There were 2 interview rounds.
C++ ,Java , CAD , CNC programming, Data analytics
(5 Questions)
- Q1. What product management ur doing
- Q2. Where did you undergo your technical traing
- Q3. Where did u place most of your focus when reviewing somebody else code
- Q4. What did you develop
- Q5. What was the project before you are doing
Junior Software Engineer Interview Questions & Answers
Cognizant
Shahid Akhatar
posted on 11 Jan 2025
The aptitude test was quite easy.
Questions are moderated.
(2 Questions)
- Q1. Introduce your self.
- Q2. The interviewer asked me about java, oops concepts and some questions from data structures and some numerical in last.
I applied via Campus Placement and was interviewed in Oct 2024. There were 3 interview rounds.
Basic apptitude qwuestions were asked
(2 Questions)
- Q1. Questions on java and cybersecurity what is cybersecurity what is malware and ransomeware
- Q2. What is java how is it different from python
- Ans.
Java is a statically typed, object-oriented programming language, while Python is dynamically typed and focuses on simplicity and readability.
Java is statically typed, meaning variables must be declared with a specific data type, while Python is dynamically typed.
Java is more verbose and requires more code to accomplish tasks compared to Python.
Python emphasizes simplicity and readability, making it easier for beginner...
(2 Questions)
- Q1. Introduction why ltimindtree
- Ans.
I chose Mindtree because of its reputation for innovation, collaborative work culture, and opportunities for growth.
Reputation for innovation: Mindtree is known for its cutting-edge technology solutions and innovative projects.
Collaborative work culture: Mindtree fosters a team-oriented environment where employees can learn and grow together.
Opportunities for growth: Mindtree offers various training programs and career...
- Q2. Relocation situastion based questions
Interview Preparation Tips
- Java
- cybersecurity
- HTML
Skills evaluated in this interview
Azad
(2 Questions)
- Q1. Question incomplete - please add more details
- Q2. Question are incomplete - please add more details
It was easy cognitive aptitude and reasoning qsns
Med-Hard problems given 1hr to solve for 2 qsns
(2 Questions)
- Q1. Explain one of the project that you are good at
- Ans.
Developed a mobile app for tracking daily water intake
Researched user needs and preferences for water intake tracking
Designed user-friendly interface for inputting water consumption
Implemented features like reminders and progress tracking
Tested app with focus groups for feedback and improvements
- Q2. What is your long term goal
- Ans.
My long term goal is to become a senior engineer in a reputable company and eventually move into a leadership role.
Continuously improve my technical skills and knowledge through training and certifications
Seek opportunities for mentorship and leadership roles within the company
Work on challenging projects to gain experience and expertise
Build a strong professional network within the industry
Eventually transition into a...
Interview Preparation Tips
Pratik Patil
It was hard but not that much hard
(2 Questions)
- Q1. Have you got any experience in coding
- Ans.
Yes, I have experience in coding with languages like Java, Python, and C++.
I have worked on projects using Java, Python, and C++
I have experience in writing algorithms and solving coding problems
I have completed coding courses and participated in coding competitions
- Q2. Why you choose our company
- Ans.
I chose your company because of its reputation for innovation, strong company culture, and opportunities for growth.
Reputation for innovation - I am impressed by the cutting-edge projects your company is known for.
Strong company culture - I value a supportive and collaborative work environment.
Opportunities for growth - Your company offers training programs and career advancement opportunities.
Interview Preparation Tips
Pinapala Sravani
(5 Questions)
- Q1. Tell me about your self and about banking sector
- Q2. What is banking
- Ans.
Banking is a financial service industry that deals with managing money, providing loans, and facilitating transactions.
Banking involves accepting deposits from customers and lending money to individuals and businesses.
Banks also offer services such as checking and savings accounts, credit cards, and investment products.
Banking institutions play a crucial role in the economy by providing liquidity, credit, and financial...
- Q3. What is financial sector
- Ans.
The financial sector refers to the industry that deals with the management of money and other assets.
Includes banks, investment firms, insurance companies, and stock exchanges
Involves activities such as lending, borrowing, investing, and risk management
Plays a crucial role in the economy by facilitating the flow of funds and capital
Regulated by government authorities to ensure stability and protect consumers
- Q4. What is Banking products
- Ans.
Banking products are financial instruments offered by banks to customers for managing their money and achieving financial goals.
Savings accounts
Checking accounts
Certificates of deposit (CDs)
Credit cards
Loans (personal, auto, mortgage)
Investment products (stocks, bonds, mutual funds)
- Q5. What is Loans and investments
- Ans.
Loans and investments refer to financial transactions where money is lent or invested for a return.
Loans involve lending money to individuals or businesses with the expectation of repayment with interest.
Investments involve putting money into assets such as stocks, bonds, real estate, or mutual funds with the expectation of generating a return.
Both loans and investments carry risks and rewards, and are essential compon...
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