Vijaya Sai Auto Consultancy & Finance RTO Executive Interview Questions and Answers

Limited review is less extensive than an audit, providing limited assurance on financial statements.

• Limited review is a less comprehensive examination of financial statements compared to an audit.

• An audit involves a detailed examination of financial records, transactions, and internal controls.

• A limited review provides a moderate level of assurance on the accuracy and reliability of financial statements.

• Audits are typi...read more

Quarterly financial results are unaudited as they are not verified by an external auditor.

• Quarterly financial results are released every three months and provide a snapshot of a company's financial performance.

• These statements are not verified by an external auditor, unlike annual financial statements.

• The unaudited financial statements are subject to change and may not be as accurate as audited financial statements.

• Inv...read more

The 5 accounting assumptions are basic principles that guide the preparation of financial statements.

• 1. Going Concern: Assumes that the business will continue to operate indefinitely.

• 2. Consistency: Requires consistent accounting methods and practices over time.

• 3. Accrual: Records transactions when they occur, not when cash is exchanged.

• 4. Monetary Unit: Assumes that financial transactions are measured in a stable curr...read more

AS 9 and Ind AS 115 are accounting standards that differ in revenue recognition principles.

• AS 9 follows the 'realization' principle, recognizing revenue when it is realized or realizable.

• Ind AS 115 follows the 'control' principle, recognizing revenue when control of goods or services is transferred to the customer.

• AS 9 allows revenue recognition at different stages of completion, while Ind AS 115 requires a more string...read more

The salary structure for Capgemini in accounts profile varies based on experience and job role.

• The salary range for entry-level positions is around $40,000 to $60,000 per year

• For mid-level positions, the salary range is around $70,000 to $100,000 per year

• Senior-level positions can earn upwards of $150,000 per year

• Bonuses and benefits are also offered based on performance and tenure

Opposite of succumb is to resist or overcome.

• The opposite of succumb is to resist or fight against something.

• For example, if someone is trying to tempt you to do something wrong, you can resist their temptation.

• Another example is overcoming a difficult challenge or obstacle.

• In a medical context, the opposite of succumb could be recovering from an illness or injury.

Yes, I have the necessary skills and experience to excel in this sales role.

• I have a proven track record of meeting and exceeding sales targets in my previous roles.

• I have excellent communication and negotiation skills, which are essential for sales.

• I am highly motivated and driven to succeed in this field.

• I am constantly learning and adapting to new sales techniques and strategies.

• I am confident that I can bring value