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List of 100 Tricky Finance Questions for Students

Finance questions are important to know because they can help


whenever you will be interviewed or you will be asked to answer
problems. There are also tricky questions that you might have to answer,
so here is a list you might find useful.
Finance Problems for Students
Knowing finance questions and answers will help you a lot to get a high score. With that
in mind, here are questions that can help you. Be sure that you take it seriously so that
you will give the best answer. If you want to know more finance questions, you can check
out the internet.
1. Difference between accounts payable and accounts receivable.
2. If the company is using double entry accounting, what element of given ledger
should be equal?
3. If the company has three accounts in processing payments, what will be the
minimum ledger?
4. Give the types of special journals and explain each of them?
5. What method should you used in estimating a bad debt? Why you choose that
method?
6. Why it is easy in perpetrating fraud using journal entry with the use of ledger?
7. Can you give experience in developing business metrics? How that experience
helped you a lot in knowing more?
8. How can you able to develop a strategy about spending and investing money?
9. What challenges you faced in leading team through analyzing a project?
10.Why you choose finance as your profession? Give some reasons and explanation
11.Do you have an experience in this field? If yes, what it is and how it is related to
finance sector?
12.Have you ever used accounting application in other companies? If yes, what
accounting application you have used?
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13.Can you give some other finance application?


14.What finance application you want to use?
15.What is the abbreviation for the terms of credit and debit card?
16.How many business transactions are there in finance?
17.What is the meaning of balance sheet?
18.Do you have idea about excise or service tax?
19.Difference between dormant and inactive accounts
20.Define tally accounting.
21.Define department accounting
22.What is the meaning of fictitious assets?
23.Periodic inventory or perpetual system: what it does mean?
24.Define premises
25.Do you have knowledge about finance standards?
26.Meaning of GAAP
27.Explain basic finance equation
28.Explain executive accounting
29.What is bank reconciliation statement?
30.Differentiate private and public accounting
31.Meaning of project implementation
32.Does finance standards are important and why?
33.Name some different branches of finance.
34.Differentiate auditing and accounting
35.What is the dual aspect term in finance?
36.Meaning of purchase return in accounting finance
37.What are materials facts in accounting?

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38.What is payable cycle?


39.What is the meaning of retail banking?
40.Is mathematics knowledge is required in finance.
41.What are bills receivable?
42.What is depreciation and what are its types?
43.Define consignee and consignor
44.What is balancing in the accounting?
45.How much statistics knowledge is required in finance?
46.What is scrap value?
47.What is marginal cost?
48.What is partitioning in accounting?
49.Differentiate between reserve and provision
50.What is offset accounting?
51.What is overhead?
52.What is the meaning of trade bills?
53.Define what is fair value
54.How can you implement tax changes?
55.Give experience about preparing and managing accounts.
56.Explain about different accounting packages
57.Tell how you handled finance project
58.Give examples on how you track things about your project.
59.What objectives you set for now and how can you able to achieve it?
60.How you monitored the regulations with your financing position?
61.What is your performance in your team?
62.What systems you have in your company and how you keep track on it?

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63.Give explanation of your financial analysis problem.


64.What is your latest budget preparation?
65.How you managed potential budget problem?
66.What decision you have made in this year and how it affects you?
67.What will be your reactions when someone commits mistakes about your project?
68.Are instructions about financing is important for your job?
69.How do you avoid mistakes in finance?
70.Have you been engaged in a situation that you do not want? If yes, what did you
do?
71.Describe criteria that you use in evaluating reliability about financial details.
72.Provide example of when you need to explain about complex process
73.What organizational change you will do for your team
74.What financial data you will present to non-financial staff
75.What motivations you establish in your finance career?
76.What is the biggest opportunities and challenges you face in your financing
profession today?
77.What cost cut measure will you implement
78.How much money you saved in the company and what methods you used or how
you do it?
79.What aspects of hands-on financing you participate in?
80.Provide examples of internal control procedures
81.What will be your interface with budget process?
82.Tell about your experience in financial analysis
83.What is financial forecasting?
84.What role will you play in audit process?
85.What processes will you use in analyzing financial risk?

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86.What are management reports?


87.What is tax planning?
88.What will you do to be updated on accounting techniques and roles?
89.What strengths you need for finance profession?
90.How will you deal with demanding and difficult client?
91.What is receivable and payable account processes?
92.How will you adapt to work effectively and what approach you will have in
working with other teams?
93.How can you reduce costs?
94.What is financial analysis?
95.What real value you will add to the company and why
96.What are biggest opportunities and challenges that finance profession faced today?
97.What will you do to make sure there are no mistakes in your work?
98.Why finance profession is important in this era?
99.What application is best in financing?
100.What solutions can you give for financing problem today?
It is important to know about finance problems and solutions so that you will know how
to address it correctly and solve your finance homework really fast. You need to work hard
in giving the best answers to all the questions given to you so that you will impress the
instructor or the interviewee. Make sure that you spend time thinking the best answer
before you write it. If you review the questions ahead, you will not have a hard time
answering them when the time comes.

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