Vistra Corporate Services Accounts & Finance Executive Interview Questions and Answers

Q1. What are the ratios that you know
Ans. 
Common financial ratios include profitability ratios, liquidity ratios, leverage ratios, and efficiency ratios.
• Profitability ratios: Return on assets (ROA), return on equity (ROE), gross margin ratio

• Liquidity ratios: Current ratio, quick ratio

• Leverage ratios: Debt to equity ratio, interest coverage ratio

• Efficiency ratios: Inventory turnover ratio, accounts receivable turnover ratio
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Q2. What is effective tax rate
Ans. 
Effective tax rate is the percentage of income that an individual or company pays in taxes after accounting for deductions and credits.
• Effective tax rate takes into account all taxes paid, including federal, state, and local taxes.

• It is calculated by dividing total tax expense by taxable income.

• For example, if a company has a total tax expense of $10,000 and taxable income of $100,000, the effective tax rate would be 1
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Q3. What are accrual expenses
Ans. 
Accrual expenses are costs that have been incurred but not yet paid for or recorded in the financial statements.
• Accrual expenses are recognized when they are incurred, not when they are paid.

• They are recorded as liabilities on the balance sheet until they are paid.

• Examples include accrued salaries, interest, and taxes.

• Accrual expenses help provide a more accurate representation of a company's financial position.
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Q1. Questions based on Prior Experience
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Q2. Basic questions related to job description
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Q1. Self introduction
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Q2. Profile releted question
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Regarding financial action Bank related, Credit- Debit related, Sales- Purchase other many question

Financial related code in Accounting Software like Tally, SAP, PFMS(Public Finance Management System) etc.

Q1. Introduction about myself
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Q1. Basic questions as per the resume details
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Q2. SAP knowledge required for finance
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Q3. Core knowledge about the financial part
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Q1. Worked on any project
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Q1. Manager round for skill test
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Q1. For challenges, skills, project info, improvement.
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