Travclan Technology India Finance Intern Interview Questions and Answers

Yes, I have knowledge of reconciliation, audit, and vendor payment management.

• I have experience in reconciling financial statements to ensure accuracy and completeness.

• I am familiar with conducting audits to assess financial controls and compliance with regulations.

• I have managed vendor payments by verifying invoices, processing payments, and resolving discrepancies.

• I have utilized accounting software and tools to stre

Yes, maintaining general entries involves recording financial transactions in the general ledger.

• General entries are recorded in the general ledger to track all financial transactions.

• Each entry should include the date, description, debit amount, and credit amount.

• Balancing entries are made to ensure that debits equal credits.

• Examples of general entries include recording revenue, expenses, assets, and liabilities.

Working capital refers to the funds available for a company's day-to-day operations and is calculated by subtracting current liabilities from current assets.

• Working capital is the measure of a company's liquidity and ability to meet short-term obligations.

• It represents the difference between a company's current assets (such as cash, inventory, accounts receivable) and its current liabilities (such as accounts payable, ...read more

Capital budgeting refers to the process of planning and evaluating long-term investment decisions.

• It involves analyzing potential investment opportunities and determining their financial viability.

• The goal is to allocate financial resources to projects that will generate the highest return on investment.

• Methods used in capital budgeting include net present value (NPV), internal rate of return (IRR), and payback period.

• ...read more

Working capital refers to the funds available for a company's day-to-day operations and is calculated by subtracting current liabilities from current assets.

• Working capital is the measure of a company's liquidity and ability to meet short-term obligations.

• It represents the difference between a company's current assets (cash, accounts receivable, inventory) and current liabilities (accounts payable, short-term debt).

• Pos...read more

Capital budgeting refers to the process of planning and evaluating long-term investment decisions.

• It involves analyzing potential investment opportunities and determining their financial viability.

• It helps in allocating financial resources to projects that are expected to generate the highest returns.

• Methods used in capital budgeting include net present value (NPV), internal rate of return (IRR), and payback period.

• Exa...read more