Junior Auditor Interview Questions and Answers

A bank account is a financial account maintained by a bank for a customer.

• Bank accounts allow individuals and businesses to deposit money, withdraw funds, and make transactions.

• There are different types of bank accounts such as savings accounts, checking accounts, and money market accounts.

• Bank accounts may earn interest on the deposited funds.

• Customers can access their bank accounts through online banking, ATMs, and in-person at bank branches.

Bonds are debt securities issued by companies or governments to raise capital, with a promise to repay the principal amount along with interest at a specified future date.

• Bonds are essentially loans that investors provide to the issuer in exchange for periodic interest payments and the return of the bond's face value upon maturity.

• They are typically used by companies and governments to raise funds for various projects or operations.

• Bonds have a fixed maturity date, at which p...read more