United Conveyor Corporation Accounts & Finance Executive Interview Questions and Answers

Aptitude test was little tricky

Q1. What is account payables
Ans. 
Account payables are amounts owed by a company to its suppliers or vendors for goods or services purchased on credit.
• Account payables represent a company's short-term liabilities

• They are typically recorded as current liabilities on the balance sheet

• Companies often have terms for payment, such as net 30 or net 60, which indicate when the payment is due

• Examples include invoices from suppliers for raw materials, utilities
Answered by AI
Add your answer
Q2. Golden rule of accounting
Ans. 
The golden rule of accounting states that debit what comes in and credit what goes out.
• Debit what comes in and credit what goes out

• Assets = Liabilities + Equity

• Helps maintain the balance in financial statements
Answered by AI
Add your answer

Q1. Walk me through the resume
Ans. 
I have a strong background in finance with experience in financial analysis, forecasting, and reporting.
• Started my career as a financial analyst at XYZ Company, where I was responsible for analyzing financial data and preparing reports

• Implemented cost-saving strategies that resulted in a 10% increase in company profits

• Proficient in financial modeling and forecasting techniques using Excel and other financial software

• Co...read more
Answered by AI
Add your answer
Q2. Strength and weakness
Add your answer