Urbanic Interview Questions and Answers

Q1. Introduction about yourself
Ans. 
I am a detail-oriented accounts executive with 5 years of experience in managing financial transactions and preparing financial reports.
• I have a Bachelor's degree in Accounting from XYZ University.

• I have experience in handling accounts payable and accounts receivable.

• I am proficient in using accounting software such as QuickBooks and SAP.

• I have strong analytical skills and attention to detail.

• I have excellent communica...read more
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Q2. Previous work experience
Ans. 
I have 5 years of experience working as an Accounts Executive in a multinational company.
• Managed accounts payable and receivable processes

• Prepared financial statements and reports

• Handled budgeting and forecasting

• Performed reconciliations and audits

• Collaborated with internal and external stakeholders
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Excel formulas test like Sumifs, pivot table, sumif, vlookup, xlookup, etc

Accounting entries, question from taxation

Q1. Work experience (detailed explanation)
Ans. 
I have 5 years of experience in accounts payable and receivable, financial reporting, and budgeting.
• Managed accounts payable and receivable processes

• Prepared financial reports and analyzed financial data

• Assisted in budgeting and forecasting

• Implemented cost-saving measures

• Collaborated with auditors during annual audits
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Q2. Question related accounts and finance
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Q1. Journal entries related to TDS
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Q2. Question related to finance and accounts
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Q1. Explain the essential changes due to DPDP ACT
Ans. 
The DPDP Act brought significant changes in data protection laws, impacting how personal data is collected, processed, and stored.
• Introduction of new data protection principles such as data minimization and purpose limitation

• Requirement for explicit consent for processing personal data

• Establishment of data protection authority to oversee compliance and enforcement

• Increased penalties for data breaches and non-compliance

• ...read more
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Q2. Explain the FDI Rules for bringing in investment
Ans. 
FDI Rules regulate foreign investment in a country, specifying sectors, limits, and approval processes.
• FDI Rules vary by country and may restrict foreign ownership in certain sectors

• Limits on foreign ownership may be set in key sectors like defense, telecom, and banking

• Approval processes for FDI may involve government agencies like the Foreign Investment Promotion Board (FIPB)

• FDI Rules aim to attract foreign investment
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Q1. Why you want to change your job
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Q1. Just simple typing test
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