Branch Commercial Officer
Branch Commercial Officer Interview Questions and Answers
Q1. WHAT IS THE MAIN RULES OF ACCOUNTING
The main rules of accounting are the principles and guidelines that govern the preparation and presentation of financial statements.
The principle of consistency
The principle of relevance
The principle of materiality
The principle of conservatism
The principle of objectivity
The principle of full disclosure
The principle of going concern
The principle of matching
The principle of cost
The principle of dual aspect
The principle of time period
Q2. WHAT IS RECONCILATION
Reconciliation is the process of comparing two sets of records to ensure they are accurate and in agreement.
It involves identifying and resolving discrepancies between the two sets of records.
Reconciliation is commonly used in accounting to ensure that financial statements are accurate.
Examples of reconciliation include bank statement reconciliation, inventory reconciliation, and account reconciliation.
The process of reconciliation can be done manually or through automated so...read more
Interview Questions of Similar Designations
Calculate your in-hand salary
Confused about how your in-hand salary is calculated? Enter your annual salary (CTC) and get your in-hand salary
Reviews
Interviews
Salaries
Users/Month