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What steps to be taken at the time of implementation of Oracle ERP and please give the chart of accounts and links to
be given
Aster-Teleservices
what is the accounting treatment for issuing material to a subcontractor on recovery basis?
Entry for the settlement of loans?
Wipro
Entry for prepaid expenses?
Wipro
what is journal entries for cheque dishonored?
Difference Between Tax Invoice and retail Invoice ?
Explain the effect of closing stock on gross profit and net profit. comment on the financial health of their business.
What is mean by accrued income?
Capital-IQ
what is derivative?
Capital-IQ
what is balance sheet adjustment a/c. what is the use of this a/c in sap fico Reliance
what is zero balance clearing a/c. why we r maintaining this a/c in sap fico
Reliance
what is inflation accounting
What is put option, call option, mutual fund?
Wipro
What is audit, auditing?
Wipro
Should I deduct TDS for Dyeing Charges in Garments Industry? If yes what is the percentage under which group it will
come?
6.
npv, arbitrage
RRDonnelley
equity
RRDonnelley
market capitalization
RRDonnelley
nav , npv
RRDonnelley
hedge fund, hedging
RRDonnelley
investment banking
RRDonnelley
types of derivatives
RRDonnelley
capital expenditure , revenue expenditure
RRDonnelley
deferred revenue expenditure
RRDonnelley
what is meant by derivatives
RRDonnelley
Plz Give the Inventory Accounting Procedure
1.Domestic Purchases ( VAT,CST,& Excise)
2.Import Purchases ( Direct Expenses & Excise )
3.When Will the Price Difference Entry Happen?
4.Cash Discount & Trade Discount On Purchases?
5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customs ,Excise )
7.Cash Discount & Trade Discount On Sales?
Please let me know the journal entry for the below. "A" paid Rs.100 to "C" on behalf of "B"
What are the legal entities that constitute your business? Does a legal entity have a separate Federal Tax Id? In which
country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's
fiscal year begin?
what are the fundamentals of book keeping
What is Accounting? How to prepare the manual accounts? What are the manual accounts? What are the subsidiary
books? How to classify, summarizing and posting accounts. What are basic and important steps to take while
preparing journal,ledger,cashbook, Bank book, Trail balance, Trading and profit and loss a/c and Balance sheet.
7.
what is crr
when the money introduced in india
What Is repo transaction
What is Risk Assessment?
what is the golden rules of accountancy ?withdrwal frm atm what will be the transaction ?
what is ZBA hold & balance hold in banking?
What is difference between NSE and BSE? Which company are include in NSE and which are include in BSE? How do i
will cme to now that i have invested in NSE or BSE?
Catalyst
give narration of cash----a/c---Dr To cash
Hindalco
What is Standard Cost?
Cap-Gemini
What is mean by ETDS
Syntel
Please tell me the process of Selction of Junior Research Associate in Capitaliq(Intervie rounds&written test)
where we have file E-returns in SAP FICO-CIN/Wtax?
Wipro
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the
system check before making the necessary accounting entries?
8.
what are the balance sheet, profit& loss a/c, profit & loss appropriation a/c format
What is General Accounting
TATA
What are the General Ledgers?
what is journal?
what is the meaning of double entry system & Double entry system?
28.
what is genpact? Tell us about genpact? what is GE? Tell us about GE? Describe your ideal company,location and job?
why we should hire you? why do you want to join our company(GE)? What is capital bugeting? Explain the methods of
capital bugeting in detail?
GE
what is the usage of Acounting standard?, what is deferred tax?, what is operating Expenses and incomes?, what is
the difference between subsidary and holding company? and what is right share and right issue?
what is difference between cash and profit?, and why netprofit comes under capital account? ITC-Infotech
What is cash profit? how can we calcute?
are you a gay?
Genpact
What is meant by Kpo?If possible tell me the process too?
What are accounting standards?
CTS
why debit notes and credit notes are passed?
TCS
Wat is the diff.between revenue and capital expenditure? Wat is meant by deffered revenue expenditure?
TCS
what do you meant auction? what is F & o segment?
How to Calculate Turnover?
TATA
what about your self
Capital-IQ
What is Mean By Defered Tax, How To Calculate?
what is service tax, how much calculated on service?
Capital-IQ
29.
what is format of Trial balance
If Bank OD In Balance Sheet Which Site Showing?
What is Meany By MIS Report?What are things covered in the report?
What three Specific Job Positions do you target from the Industry
GSK
Why do you want to work with us
GSK
Do you have reference list
GSK
How do you plan to achieve these goals
GSK
What goals do you have in your career
GSK
Briefly describe your ideal job
GSK
What is difference between profit, revenue?
what is RTGS?
What is the defination/meaning of Mercantile Accounting?
What is mean by mercantile accounting?
In intangible assest, patents ,trade marks,copy rights we can feel or some thing can be done but what about goodwill?
30.
what are accounting principles
Accenture
what is diff between p&l & trading a/c
CA
WHAT IS PERSONAL ACCOUNT
What is the difference btwn "Sales" and "Turnvoer".
What is the difference betwn "Inventory" and "Stock".
What is Mean By FRS for HQ reporting, How To Prepare?
what is the difference between pay order & D.D.?
ICICI
wat is penny stock?
Deloitte
What is operating profit ? how is it different from Gross profit ?
What do you mean by Venture Capitla and Private Equity?
Define cost accounting?
what is Bills Receivables and Bills Payables?
HCL
Expand GAAP?
Wipro
what is Suspence Account?
Wipro
31.
what do you mean by contra entry? and where it is used?
Accenture
What is Meaning Of accounting Function , Fund Management, Equities, Mutual Funds, Fixed Income Secrities,
Derivative, Accounts of Trade, Share Holder Transaction,Knowledge on Using bloombag?
can debenture is cenverted into share?if yes? how?
what is sweet equity share?
what is the treatment of frieght paid on purchase of fixed asset? & where it shold be shown? John-Fowler
what is profit & loss A/c? difference between income & expenditure A/c
how to study five year balance sheet
HBL-Power-Systems
What is Owner's Equity?
What is income tax,sales tax and vat?
sensex is increased and decreased in share market? why?
what is a security?
Franklin-Templeton
what is mutualfund?
Franklin-Templeton
what is delapidation?
CA
please send me a HSBC basic accounting question & answers to my mail id.
What is the analytical way of accounting?
what is break even point?
ADP
what is gross profit?
36.
what is net profit?
pls explain the clear difference between Depreciation and Demortization?
HSBC
Explain why retained earnings have an opportunity cost associated?
What are the 3 Basic Rules in Accounting.
Franklin-Templeton
What is the difference between cost accounting and financial accounting?
what is diffference between retail invoice and tax invoice ?
what is the difference between provision for bad debts and reserve for bad debts?
Genpact
What is the difference between Capital Reserve and Reserve Capital?
Discuss the role of cost accounting in managerial decision making
Distinguish between Piece rate and Time rate?
Discuss the role of cost accounting in managerial decision making?
What is meant by Repo Rate and Reverse Repo Rate.
Capital-IQ
What is the Difference between Real Accont and Nominal Account?
GE
Tell me something about you
What is Deffered Tax?
Capital-IQ
37.
Discuss the role of cost accounting in managerial decision making?
What is meant by Cost Accounting? How it is different from Financial Accounting?
Discuss the role of cost accounting in managerial decision making?
What is meant by Cost Accounting? How it is different from Financial Accounting?
Parco
Compare and contrast the accounting procedure followed by a sole trader and a partnership firm.
what are the concepts & conventions of accounting?
what do you mean by debt equity ratio?
Capital-IQ
what is the difference between long term debt and short term debt?
Capital-IQ
what is ment by memorandom of association?
Capital-IQ
share premium?
Capital-IQ
what is securites
what is bond and what is debentures
what is debentures
what is bonds
golden rules of accounting? how bank earn profit?
Bank-Of-America
38.
What is meant by defferred revenue expenditure
Xansa
bonus shares?
Capital-IQ
what do you mean by fixed asset?
Capital-IQ
what is meant by credit derivative?
Wipro
what is the basic difference between accounting and financing?
Mafoi
what is meant by mid-cap?
When we are using the DEPB licence for duty adjustment 100 %, there is no cash payment to customs. If i am a
trader and registered with excise, Can we avail the modvat credit and pass on to customers? ABC
discuss how accrual concepts and matching concepts are the same
How to calculate india GDP growth rate?
Why depreciation is charged in P&L Account?
Deloitte
Why profit is a liability and loss is an assets
apptitude Questions for accounts payable job
Airtel
Who to create a budget on software company
KLG-Systel
Who to create a budget on software company
Difference betwen debentures and bonds
What is the diffrecnce between liabilities and owner's equity?
Owner and the Company/Firm are both the different entities.Owner's Equity itself is a liability for the firm/Company as
the owner has invested it into the firm.
39.
what is repo market?
I am going to attend an interview for the post of Sr. Accounts Officer in airport authority of india,pls help me to
prepare for the interview
Why you choose commerce faculty & not science or Why you are in commerce & not in science ? What is mean by
Corporate accounts?
IN PROFIT AND LOSS ACCOUNT WE MAY EITHER GET PROFIT OR LOSS.SO WHY IT IS PROFIT AND LOSS ACCOUNT
INSTEAD OF PROFIT OR LOSS ACCOUNT ?
How to answer for the question, tell me about ur project? I mean in which format can i say?
What is amortization?
Capital-IQ
What should be considered as best in the company's view either debt or equity? Explain briefly?
Capital-IQ
What is securities market?
Capital-IQ
What is operating cycle?
Capital-IQ
Which one is best to company either debt or equity?
Capital-IQ
THE DEBIT BALANCE OF THE P&L A/C IS SHOWN IN WHICH COLUMN OF BALANCE SHEET
Capital-IQ
BY WHOME THE BANK RECONSILIATION STATEMENT IS PREPARED
Capital-IQ
Ratio Analysis with its Ratios
Bank-Of-America
what is Dual Accounting
Bank-Of-America
40.
What is Capital Management
Wipro
what are the questions commomly asked in reuter's interview.?
what is the difference between debenture and shares
Syntel
what is fundamentals of accounting ?
WHAT IS Z.B.B. ZERO BASED BUDGET?
Capital-IQ
What is treasury bills
what is cash flow and funds flow? Difference between cash and funds flow? methods of cash flow
Capital-IQ
what is oppurtunity cost
Capital-IQ
what is authorised capitla and subscribed capital
Capital-IQ
what is sunk cost
Capital-IQ
Stock Turnover Ratio?
Capital-IQ
What are operating Costs?
Capital-IQ
What is Capital Expenditure
Capital-IQ
What is Zero Based Budgeting?
Capital-IQ
What is meant by marginal cost?
Infosys
41.
What is meant by Salaries Outstanding Accounts?
HP
what are the models of valuation of the company ipo
Capital-IQ
What is exact difference b/w Accounts and finance
IBM
what is net worth
Capital-IQ
what is quick asset
Capital-IQ
what are different types of invoice?
WNS
hwo to joine accountancy
What do you mean by Investment Banking?
HCL
What is General Ledger
Accenture
what is business entity concept?
42.
what do you mean by BPO,KPO
Accenture
What is TDS
Accenture
what do you mean by Bank reconcilation statement
Accenture
what do you mean by Account receivables
Accenture
what do you mean by Accounts payable
Accenture
FORFEITURE OF SHARESVS SURRENDER OF SHARES
REALISATION ACCOUNT VS REVALUATION ACCOUNT
Andhra-Bank
RULE IN GARNER VS MURRAY
INDEPENDENT BRANCHS
HIREPURCHASE VS INSTALMENT PURCHASE
DEFECTS OF SINGLE ENTRY SYSTEM
Mphasis
ACCOUNTING CONCEPTS AND CONVENTIONS
INTE3RNATIONAL ACCOUNTING STD
CA
GOLDEN RULES OF ACCOUNTING
HP
RECEIVABLES MEANS TO BE RECEIVED, ACCOUNT RECEIVABLES INCLUDES THE AMOUNTS WHICH HAS TO BE
RECEIVED AGAINST SALES FOR WHICH RECEIVER HAS PROMISED TO PAY IN DUE COURSE OF TIME ,THE PERSON OR
THE FIRM IS CALLED DEBTORS
Accounts receivable is somtimes a 'Suspense' account. An advance is given by debiting this account for purchase of
some article or item for which bill is not received immediately. After the expenditure is incurred and proper Invoice or
Bill is received , this amount is reversed to the debit of the expenditure head or after Asset creation (in case of buying
a fixed asset). In brief, accounts receivable may be a temporary advance and is expected to be wiped out, shortly.
43.
HOW MANY ACCOUNTING STANDARDS IN INDIA
what is the use of activity based costing, process costing, product costing, what are the steps followed for the same
Bosch
how standard costing techniques are applied in manufacturing sectors
Bosch
how margnial costing is used in manufacturing sectors, what is the method/steps for using marginal costing
Bosch
hi friends this veerendra i faced a qsn from accenture that is "if we use 2 retained earng a/cs what will happened and
which places it will affect? give me explain
what are the characteristics of financial accounting
Genpact
what is depreciation?
Genpact
bills receivables shows which balance
Genpact
after adjusting the amounts accountant of the company prepares which accounts??
Genpact
company prepares accounts sometimes on cash basis , sometimes on accural basis A)TRUE B)FALSE C)SOMETIMES
TRUE D)SOMETIMES FALSE
what are concepts and conventions of accounting
Infosys
category of acccount
TCS
What is peer group comaprision?
Office-Tiger
what is holding company?
Capital-IQ
what is insider trading?
Capital-IQ
44.
What is debt?
Nagarjuna-Fertilizers
What is the significance of finance management in day to day life?
What is the difference between Long term Loan and Debt?
What is GDP???
what is the difference between debenture and preference share
Indiabulls
Why are bond prices inversely related to interest rates ?
ICFAI
DESCRIBE A FAILURE IN PROFESSIONAL OR ACADEMIC LIFE?HOW TO OVERCOME
LaSalle
What are GAAP?
Brigade
What is Royalty?
What is Bear market?
what is BSE? tell me the details about that?
Kotak
What is EBIDTA?
what is sensex,nifty and what is difference between those two
Wipro
Profit is a Liability or asset?
difference between Funds Flow and Cash Flow statements? EDS
what is the major difference between ECBs and FCCBs. how is the accounting treatment done to them as to mitigate
the forex fluctuation?
What is equity?
what are options?
What is Beta?
What are Mutual Funds?
45.
what is indirect tax?
Capital-IQ
what is inflation?
Capital-IQ
what is repo rate?
Capital-IQ
what is public ltd company and difference between public ltd company and public sector undertaking? Capital-IQ
What is venture capital?
Capital-IQ
what is bpo
BPO
What is Sensex? What is Nifty ? Difference between these two
TCS
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also
give examples of each of them Golden-Sands
clasification of accounts
Genpact
can anybody describe about the accounts and finance ? what is difference between that , thanks in advance gurus
Infosys
Two candles of equal lengths and of different thickness are there. The thicker one will last of six hours. The thinner 2
hours less than the thicker one. Ramesh light the two candles at the same time. When he went to bed he saw the
thicker one is twice the length of the thinner one. For how long did Ramesh lit two candles ?please describe full
description
CMC
can we assign one more currency to the client
HCL
What is new GL & Odd G.L What is the difference between these two.
HCL
46.
What do you think you do well?
Bank-Of-America
how to create a profit and loss a/c
Indian Iran Gas pipeline
What is sezs
What is your principles and values in life
Ernst-Young
what are all the books maintained in accounts for the purpose of excise?
Alnkey-Financial
what is capital work in progress?
What is considered a healthy profit?
Why would dividend declared not be included when calculating net income?
How to enter an invoice already paid?
India-Glycols
47.
What is the difference between an Imprest and Non-imprest petty cash account?
How to Determine Bad Debts Expense?
Question and Answer of Accoutant
SSC
find the sum of all the numbers 1 to 1000
tell me something about urself?
Accenture
how to attract the HR person and give me tips
BPO
how to introduce ourself
Kamkuo
what are the uniform public construction cost accounting act procedures?
what is the uniform public construction cost accounting act?
What is the greatest difficulty in implementing FCA?
What are the specific types of costs that FCA addresses?
What part can management policy play in the analysis of cost behaviour?
Explain the term linear approximation.
What is the relevant range and why is it important to a full understanding of the behaviour of costs? What is the
significance of the function y = a + bx?
48.
why a variable cost is said to be variable?
why a fixed cost is said to be fixed?
Does the Summary Income and Expenditure account in the Charities SORP comply with the Companies Act 1985?
Is fee income unrestricted income or restricted income?
Who would NOT be considered "independent" in the context of an independent examiner?
Do assets have to be analysed between funds?
What information needs to be disclosed in accounts?
Can grants made in stage payments but not yet received be accrued as grants receivable?
Are service charges made on tenants' property rental to be regarded as incoming resources?
How do you value freehold property investment assets?
How do you identify the amount of realised gain or loss on the disposal of an investment asset?
How do you assess the value of intangible assets such as copyrights and logos?
How do we treat grants that are received in advance of the period when they are to be spent?
How do we determine Market Value of shares?
How are fund-raising and publicity and management and administration costs apportioned over funds?
49.
How to value fixed interest stocks, at year-end?
How should you treat money donated to improve a building, which is a permanent endowment?
Who constitute 'staff' for the purposes of showing 'total staff costs' in the accounts?
What does SORP mean?
What is "investment cash" compared with "current assets cash"?
What is Total Expenditure?
What is Gross Income?
What type of report and accounts should a company prepare?
Does there need to be a declaration that the Trustee Investment Act 1961 has been complied with?
Do assets have to be analysed between funds?
Under the SORP, do you have to disclose fees received by a trustee for a professional service even if you have a
charging clause in the Governing Document?
What form of classification of expenses is expected for a charity whose gross income does not exceed ?250,000
preparing accruals accounts?
Does the Commission have a policy on the holding of reserves?
Can the Charity Commission recommend any accounting packages for charity accounts?
When did the accounting requirements of the revised SORP & Regulations come into force?
50.
What accounting records must a non-company charity keep, and for how long?
What accounting records must a company charity keep, and for how long?
what is open item managed account?
IBM
Mention the differencebetween consiner and consinee?
what is the purpose of Aging bucket Report?
Explain the setup steps for Autoinvoice?
Morepen
What is BMP in IMS?
Explain NAFCO?
what is FBT?
what is daily accrual?
Explain the difference between inactive account and dormant account?
what is shadow balance?
Reliance
what are time sheets?how they are maintained?
what is the scenario of multi-org setup?
How much percentage of discounts lost did you have in accounts payable ?percentage increased or decreased?
what is the core accounts