Retail Store Accountant

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Retail Store Accountant Interview Questions and Answers

Updated 22 Apr 2022

Q1. What are the Basic Rules and Responsibility of an Customer Excutive

Ans.

A customer executive is responsible for providing excellent customer service and ensuring customer satisfaction.

  • Listening to customer complaints and resolving them promptly

  • Assisting customers with their purchases and providing product information

  • Maintaining a positive and friendly attitude towards customers

  • Handling customer transactions and ensuring accuracy

  • Upselling and cross-selling products to customers

  • Maintaining a clean and organized store environment

  • Following company po...read more

Q2. How and What i know about CIL

Ans.

CIL stands for Cost Inflation Index, which is used to calculate the inflation-adjusted purchase price of an asset.

  • CIL is used in India for tax purposes to calculate long-term capital gains tax on the sale of assets such as property, stocks, and mutual funds.

  • The CIL is published by the Indian government every year and is based on the Consumer Price Index (CPI).

  • The formula for calculating the inflation-adjusted purchase price of an asset is: (Actual cost of asset) x (CIL of yea...read more

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