Accounts cum Admin Executive Interview Questions and Answers

Invoices are checked for accuracy and completeness of information.

• Check the invoice date and number

• Verify the billing and shipping address

• Ensure the correct products or services are listed

• Check the unit price and quantity

• Verify the total amount and any applicable taxes

• Check for any discounts or credits applied

• Ensure the payment terms are correct

• Verify the payment method and due date

My 5 year plan is to advance my skills in accounting and administration, take on more responsibilities, and potentially move into a managerial role.

• Continue professional development through courses and certifications

• Seek opportunities for advancement within the company

• Develop strong leadership and communication skills

• Work towards becoming a manager in the accounting or admin department

Lockdown refers to a period of time when people are required to stay at home and avoid social contact to prevent the spread of a contagious disease.

• Lockdown is a measure taken by governments to control the spread of a contagious disease.

• During lockdown, people are required to stay at home and avoid social contact.

• Essential services such as healthcare, grocery stores, and pharmacies remain open.

• Lockdown can be enforced at different levels, ranging from partial to complete.

• Exam...read more

The 3 golden rules of accounts are the fundamental principles that guide the recording of financial transactions.

• 1. Personal Account: Debit the receiver, credit the giver. For example, when cash is received from a customer, debit the cash account and credit the customer's account.

• 2. Real Account: Debit what comes in, credit what goes out. For example, when purchasing inventory, debit the inventory account and credit the cash account.

• 3. Nominal Account: Debit all expenses and ...read more