Us Taxation Associate

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Us Taxation Associate Interview Questions and Answers for Freshers

Updated 29 Jan 2025

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Q1. Golden Rules of Accounts? What is the special in your native? Payroll, Credit Sales Journal Entry? If you apply US Taxation, below the questions What is Standard deduction, Itemized deduction, What are the docu...

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Ans.

Golden Rules of Accounts are basic principles that guide the recording of financial transactions.

  • The Golden Rules of Accounts include: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.

  • For example, when a company receives cash from a customer, the entry would be to debit the cash account (what comes in) and credit the accounts receivable account (what goes out).

  • These rules help ensure accurate a...read more

Q2. What was your aggregate percentage in MBA

Ans.

My aggregate percentage in MBA was 85%.

  • I scored 85% in my MBA program.

  • I was among the top performers in my MBA class.

  • My GPA in MBA was 3.8 out of 4.0.

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