Accounts & Office Assistant Interview Questions and Answers

Genpact's working style is focused on innovation, collaboration, and continuous improvement.

• Genpact encourages innovation and creativity in problem-solving.

• Collaboration is key at Genpact, with teams working together to achieve common goals.

• Continuous improvement is emphasized, with a focus on learning and adapting to changes in the industry.

• Genpact values diversity and inclusion in the workplace, fostering a supportive and inclusive environment for all employees.

Land does not depreciate as it is considered to have an indefinite useful life.

• Land is typically not subject to depreciation because it is considered to have an indefinite useful life.

• Depreciation is usually applicable to assets that have a limited useful life, such as buildings or machinery.

• Land value may fluctuate based on factors like location, demand, and zoning changes, but it does not depreciate over time.

The golden rule of accounts is to debit the receiver and credit the giver.

• Debit the receiver, credit the giver

• Assets = Liabilities + Equity

• Every transaction has equal debits and credits