Senior Executive Costing Interview Questions and Answers

Current assets are assets that can be converted into cash within a year, while non-current assets are long-term assets that cannot be easily converted into cash.

• Current assets include cash, accounts receivable, inventory, and prepaid expenses

• Non-current assets include property, plant, and equipment, intangible assets, and long-term investments

• Current assets are listed first on the balance sheet, followed by non-current assets

• The distinction between current and non-current ass...read more

I am currently working as a Senior Costing Manager in XYZ Company.

• Responsible for overseeing the costing department and ensuring accurate cost analysis

• Developing and implementing cost control measures to improve profitability

• Collaborating with cross-functional teams to identify cost-saving opportunities

• Preparing and presenting financial reports to senior management

• Leading the budgeting and forecasting process

• Ensuring compliance with accounting standards and regulations