Trane Technologies Finance Manager Interview Questions, Process, and Tips

Q1. On what activity day to day your investing . Accounts receivable
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Q2. Budget and forecasting
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Q1. Process related questions, last work experience related questions some account basic concepts
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Q1. Just final discussion about joining date
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Q1. Golden rules of accounting.
Ans. 
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• Debit what comes in, credit what goes out

• Debit the receiver, credit the giver

• Debit expenses and losses, credit income and gains
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Q2. Few excel related questions
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About jiyacgi and ABB divrstment

Q1. Mapping details of Cost sheet
Ans. 
Cost sheet is a detailed statement of the various costs incurred in the production process.
• Cost sheet includes direct costs (like raw materials, labor) and indirect costs (like overhead expenses).

• It helps in analyzing the cost structure of a company and making informed decisions.

• Examples of costs on a cost sheet include material costs, labor costs, manufacturing overhead, and total cost of production.
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Q2. IFRS - Project accounts
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Q1. Budgeting , forecasting, variance analysis and inventory management
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Q1. Mostly about personal
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Q1. Can you describe your previous job role at the company and how it related to finance?
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