Commerce Lecturer

Commerce Lecturer Interview Questions and Answers

Updated 13 Oct 2022

Q1. A brief introduction about you. What is accounting? What is Depreciation? What's about various types of costing? Basic questions from Commerce That's generally from +3 & +2 commerce books

Ans.

I am a commerce lecturer. Accounting is the process of recording, classifying, and summarizing financial transactions. Depreciation is the decrease in the value of an asset over time. Various types of costing include job costing, process costing, and activity-based costing.

  • Accounting involves recording, classifying, and summarizing financial transactions.

  • Depreciation is the decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors.

  • Variou...read more

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