Article Trainee

Article Trainee Interview Questions and Answers for Freshers

Updated 21 Nov 2024

Q1. What functions do you know on excel?

Ans.

I know various functions on Excel such as SUM, AVERAGE, COUNT, IF, VLOOKUP, and more.

  • Basic arithmetic functions like SUM, AVERAGE, COUNT

  • Logical functions like IF, AND, OR

  • Lookup functions like VLOOKUP, HLOOKUP

  • Text functions like CONCATENATE, LEFT, RIGHT

  • Date and time functions like TODAY, NOW, MONTH

  • Statistical functions like MAX, MIN, MEDIAN

  • Financial functions like PV, FV, NPV

Q2. What is AS2 and what are the audit considerations

Ans.

AS2 is a standard for secure data transmission between businesses, with audit considerations including data integrity, authentication, and non-repudiation.

  • AS2 stands for Applicability Statement 2

  • It is a protocol used for secure and reliable data transmission over the internet

  • Audit considerations include ensuring data integrity during transmission

  • Authentication of the sender and receiver to prevent unauthorized access

  • Non-repudiation to ensure that the sender cannot deny sendin...read more

Q3. As Audit standard

Ans.

Audit standard refers to the set of guidelines and criteria that auditors must follow while conducting an audit.

  • Audit standard ensures consistency and quality in audit processes.

  • It provides a framework for auditors to plan, perform, and report on their findings.

  • Examples of audit standards include International Standards on Auditing (ISA) and Generally Accepted Auditing Standards (GAAS).

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