Target Integration Executive Accountant Interview Questions and Answers

Q1. What are a three golden rules
Ans. 
The three golden rules of accounting are the principles that guide the recording of financial transactions.
• The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.

• The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.

• The third golden rule is the Nominal Account rule, which states that debit all expenses and l
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Q2. Just for information GAAP
Ans. These Accounting concepts or principles are known as Generally accepted Accounting Principles (GAAP)
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Q3. What is GST? Ans - GST full form Goods & services Tax . GST is a indirect Tax. Always GST in go to Supply &services
Ans. 
GST is an indirect tax on the supply of goods and services in India.
• GST stands for Goods and Services Tax.

• It is a comprehensive tax levied on the supply of goods and services in India.

• It is a destination-based tax, which means that it is levied at the point of consumption.

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

• It has simplified the tax structure and made it easier for businesse
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Q4. What is Income Tax? This is Direct Tax. It is valuet in annual Income .
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Income tax is a direct tax levied on an individual's or entity's income by the government.
• It is calculated as a percentage of the income earned by an individual or entity.

• The tax rates vary depending on the income bracket and the tax laws of the country.

• The tax collected is used by the government to fund public services and infrastructure.

• Examples of income that are subject to income tax include salaries, wages, rental...read more
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Group discussion buildup knowledge.and I'm gain the interview crack.but any resion I'm not selected in the IBM. and try to next time but IBM join in my passion.or find to the get a job

Q1. Accounting related interview
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Q2. What's your hobby Where is the MBA DEGREE.belong to University. Eacektra
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B. Com computer applications in c java based programs

Group decisions in team members encouragement

Q1. Basic introduction, salary expectations, etc.
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Q1. For a customer service associate, they asked conducted tests on general english writing skills as I was going to support email customers.
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Q2. For the Finance & Accounts/R2R role, they asked questions regarding basic journal entries
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Q3. For the R2R, they also asked regarding capitalization, so learn some basic accounting terminologies.
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Q4. For the R2R role, they asked regarding my flexiblity as well, as the role requires working long hours, so if you want the job, just answer positively.
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Q1. Basic Accounting questions
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Q2. Tell me about financial statements
Ans. 
Financial statements are reports that show the financial performance of a company over a specific period of time.
• There are three main financial statements: balance sheet, income statement, and cash flow statement.

• The balance sheet shows a company's assets, liabilities, and equity at a specific point in time.

• The income statement shows a company's revenue, expenses, and net income over a specific period of time.

• The cash ...read more
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Q3. Golden rules of accounting
Ans. 
Golden rules of accounting are basic principles that guide the recording of financial transactions.
• The first golden rule is the rule of debit and credit.

• The second golden rule is the rule of assets and liabilities.

• The third golden rule is the rule of income and expenses.

• These rules ensure accuracy and consistency in financial reporting.

• For example, if a company purchases inventory on credit, the rule of debit and credi...read more
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Q4. What is net worth and its formula
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Net worth is the value of assets minus liabilities of an individual or company.
• Net worth = Assets - Liabilities

• Assets include cash, investments, property, and other valuables

• Liabilities include debts, loans, and other financial obligations

• Net worth is a measure of financial health and stability

• Example: If an individual has $100,000 in assets and $50,000 in liabilities, their net worth is $50,000
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Multiple choice almost 50 questions passing marks 35

Q1. Role , Behaviour , experience
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Q2. Knowledge of project, regarding education
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Q3. Certification, situation based questions
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Q1. Final round about profile and salary package
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Q2. Joining dates, submission documents
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Q1. I cant remember this time soory 4 years before i will face the interview in genpact this time i am not remember.
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Q2. Sorry for that it is long time before
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