Accountant & Audit Assistant, Accountant & Computer Operator

Accountant & Audit Assistant, Accountant & Computer Operator Interview Questions and Answers

Updated 1 Jun 2021

Q1. What is accountanting?

Ans.

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

  • Accounting involves keeping track of financial transactions such as sales, purchases, and payments.

  • It includes classifying these transactions into categories such as assets, liabilities, and equity.

  • Accounting also involves summarizing this information in financial statements such as balance sheets and income statements....read more

Q2. What is account manager

Ans.

An account manager is responsible for managing and maintaining relationships with clients and ensuring their satisfaction.

  • Acts as a liaison between clients and the company

  • Develops and implements strategies to increase sales and revenue

  • Provides excellent customer service and support

  • Monitors client accounts and resolves any issues

  • Maintains accurate records and prepares reports

  • Examples: Advertising account manager, sales account manager, customer account manager

Q3. What is audit

Ans.

Audit is a systematic and independent examination of financial statements, records, operations, and performance of an organization.

  • Audit is conducted to ensure the accuracy and reliability of financial information.

  • It involves examining financial records, transactions, and internal controls.

  • Auditors provide an opinion on whether the financial statements are fairly presented.

  • There are different types of audits, such as external audit, internal audit, and forensic audit.

  • Auditing...read more

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