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20 - Vvimp Interview Questions
20 - Vvimp Interview Questions
HDFC
4.
Bank Overdraf is an Asset or a liability for a Bank?
ICAI
How is the Cost of Goods Calculated????
ICAI
why should we do accounts in company
WHAT IS THE DIFFERENCE BETWEEN RESERVE CAPITAL AND CAPITAL RESERVE?
Capital-IQ
what is difference between depreciation and amortization ?
principles of accounts
what are the difference between bookkeeping and accounting ?
WHY SHOULD WE PREPARE PROFIT & LOSS APPROPRIATION a/c??? Accenture
what is the difference between shares & debentures
What is a General Ledger Balance? How can it be arrieved at?
RBI
whether cash book is a subsidiary book?
What is mean by Tab Group in MS-Excel?
IBM
WHAT ENTRY SHOULD WE PASSED IN BOOK A PERSON HAVING SALARY BASIC 10000.00 HRA
4000 PF 1500.00
why opening stock posted in the credit side
Who Invented Accountancy??
Capital-IQ
5.
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 treatemnt 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 reatail Invoice ?
Explain the effect of closing stock on gross profit and net profit. comment on the financial
health of their business.
whatis mean by accured income?
Capital-IQ
what is derivative?
Capital-IQ
what is balancesheet 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 capitalisation
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 Inventry Accounting Procedure
1.Domestic Purchases ( VAT,CST,& Excise)
2.Import Purchases ( Direct Expences & Excise )
3.When Will the Price Diffrence Entry Happen?
what amounts to appropriation of profits? When provision for taxation does not amount to
appropriation of profits?
Where does TDS payable & receivable appear in the books of accounts
Professional fees of Rs.30000/- is paid to a consultant ABC & Co. please pass the necessary
entry for the same
Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank
please pass the necessary entry for the same
Under which headings the following transaction appear in bank reconciliation as on 30.06.03
particulars Interest debited by bank Chq issued to suppliers not appearing in bank statement
Chq deposited not appearing in bank statement Income not accounted in books appearing in
bank statement
An advance of Rs 10000/- is received from customer. pass necessary journal entries
Name any 3 heads shown under assets side of balance sheet.
Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the
asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales
of asset on 30.09.2000 Rs 25000/a) what are the rate of employees & company's contribution for PF & ESIC? b) what is the
ceiling in case of ESI deductions? c) what are the due dates for paying ESI/PF
Compute the following selling price for the follwing item: Basic cost CST @ 4% on basic cost
freight & insurance Rs 200/- Margin @ 15% on selling price
16.
What is the due date for paying monthly IT deductions, other than deductions towards salary
What is the due date for filing monthly & annual sales tax returns in karanataka
Compute the interest & TDS amount following transaction:
Compute the sales tax amount on the following transactions: MRP rs 1000/- Sales Tax is 10%
cess on sales tax is 5% Turnover tax is 1% on net turnover
what is the entry passed for sales return (sales is on credit basis)?
What is the TDS ratio applicable on professional fees?
Can u please give me example of bonds? is National savings certificate a Bond?
What do we mean by the term "Securities" when we say that "Govt injecting/sucking liquidity
in/out of the system by buying/selling securities?
why we use the term profit and loss account instead of profit or loss account Syntel
what are the differences between Tally and Focus?
what is the treatement of outstanding expenses in Tally accounting package? where it shown
and what is its account type?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the
employee salaries details?
17.
Give me total Details of payroll calculation, payslip with examples.
payroll calculation procedure explain completely?
what are the payroll procedures?
Hewitt
what is the order for cashflow statement
Capital-IQ
tell the ratio where the numerator and denominator should contain one from asset side and
other from liabilities side
Capital-IQ
What are the difference between Cash Flow Statement and Fund flow Statement? please
explain me fully.
Can you give three examples/names of Public and Private Ltd companies?
Syntel
What is the difference between "Primary Market" and "Secondary Market"?
Syntel
what is debit card? n what is credit card? if it is a debit card what will be a transaction in
personal account and if it is a credit card what will be the tranction in personal account
I want to know how to get Appeared to the examination of State bank of India. And how can i
find the question Book Series.
What is the uses of Ratio's in The Finanacial management? Explain it? IBM
What is difference between cash flow and funds flow?
Any two difference of Trading and Profit and loss A/c
Syntel
Any Two difference Between Debenture and bonds?
Syntel
What is the Entry for Call in arrears?
Syntel
18.
What do you mean by Amortization?
What is Electronic clearances?
Genpact
What is Accrual (Mercantile Vs Cash System of Accounting)
Genpact
why to differentiate between capital and revenue expenditure?
what is the journal entry for bad debts?
What is means by A/c in Accountancy ?
What is the full form of Dr. and Cr. ?
Syntel
what is CDDs configuration
what is the meaning of (PDDs, DODs, CFRs,) based on understanding of the business process
What is Share?
Syntel
company's total overhead expense is containing which are the expenses? Definition of overhead
expense.
what is the difference between debit card and credit card
Genpact
19.
Where we have to take the Director's current account, wages a/c, Accruals, sales tax payable in
Balancesheet
what is leverage?how many types of leverages are there and explain Capital-IQ
what is contingent asset
Genpact
What is the full from of DR and CR ?
Adani
How to treat the provision for bad debts which appeared on the credit side of the P&L A/c?
Wipro
How to treat the provision for bad debts which appear on credit side of the p&L A/c. Capital-IQ
can any one send me payables real time scenarious or any projects
Briefly explain about Stok valuation.
What is depreciation? What are the various methods thereof?
What is Royalty Accounting? How it calculate? Give some example.
What are the accounting conventions and Practices?
20.
What is the means of Limited.they are not asked about public limited or private limited or
difference tehy asked only what is the limited
what are the three basic acounting principles.what is account reconcilliation.what is portfolio
management
GE
what is mean by Red herrting
Capital-IQ
What is mean by Dis-investment
Capital-IQ
What is accounts recevable & acct. payble? How they are efect in real life accounts of the
company?
Genpact
IBM
IBM
Syntel
There is any new golden rule added with remain three? Why bank credited our all deposited?
Why do people call Genpact as Gunpat outside? What do you reply when they ask that What
does Gunpat manufacture?
Genpact
what is accrual prepayment? Define capital A/c &revenue. Define golden rules. meaning of
share capital and its entries
e-Serve
What is the diffrecnce between liabilities and owner's equity?
ABN-AMRO
what is the procedure to get the duplicate Cform in case the original is lost in transit.
WHAT IS THE MEANING OF BLUE CHIP COMPANY?
Capital-IQ
what is the meaning of hedging?
Capital-IQ
WHAT IS THE MEANING OF INDENTURE?
Capital-IQ
WHAT IS THE MEANING OF CREDIT WORTHINESS?
Capital-IQ
Please answer the following question: "Your grandmother sends you a large check for your
birthday, asking that you use the money to buy shares of stock in a company. She recommends
that you review the company's financial statements before investing. What can a company's
financial statements tell you about the investment potential of its stock?"
Ans: Generally financial statement reflects the financial
condition of the firm in terms of profit growth and
sales.There are different type of financial ratio which can
be calculated after seing the financial statement like Eps
ratio tell ur how much co. can pays to its
shareholder,other ratio are PE,Debt-Equity and many ratio
are relyy impotant to evaluate company performance
what is the meaning of LETTER OF CREDIT?
Capital-IQ
What is mean by Debt Equity Ratio ?
24.
What is the Accounting Treatment for Contingent Liability ?
Why Closing Stock Not shown in Trial Balance?
WHAT IS MEAN BY SHARE & DEBENTURE? WHAT IS THE DIFFERENCE BETWEEN THEM?
How do u show Drawings In Trading Account ?
Difference between Provision & Reserve?
Difference between Accounts & Finance ?
what is Current Accountant ?
What is the Difference Between Retail Invoice & Tax Invoice?
what is minority interest
Capital-IQ
explain accounting concepts
Capital-IQ
How to Prepar Balance sheet?
what does bpo means?
Genpact
why do u want to join bpo sector
Genpact
example irr
What is the trial balance
Capital-IQ
25.
What do you mean by Mutual Funds ? Types
Capital-IQ
what is ADRs?
Capital-IQ
which are company offering jobs in PORTFOLIO MANAGEMENT ?
what is monetary polasy and how it is different from trade polacy? how it will impact on
stockmarkets in India?
What is the trade balance ,what is the Trailbalance,
ITW-Signode
UBS
UBS
26.
What do you mean by capital?
Define mortgage
what is ADVANCE,DECLINE ratio. also explain how it helps the investor to predict the stock
market movements?
UBS
why stock market goes to bearish mode when RBI hikes CRR rates? UBS
what is F B T?
what is priority?
what is surcharge?
Perot-Systems
what happens in the stockmarket when RBI changes the CRR rates(REPO RATES)
Wipro
Canu send me account aptitude questions
Genpact
I am going to attend an interview for the post of Accounts Officer in NCMSL Co.(procurement
co.),So pls help me for the interview.
meaning of accounts payable
what is accrual income ?
Genpact
most recently asked questions
what is bank reconcilietion
WNS
what are the point to see when calculating the Company Profit / Loss
27.
salary is which type of account??
how much percentage of shares of a company must be purchased so in order to start the
company?? fictitious account is what type of account i.e real,nominal or personal account??
What is the different between each of the following. a) ordinary shares and preference shares
b) called and uncalled capital c) bearer debentures and convertible notes d) floating charge and
specific charge
how to calculate the Current Ratio, Liquid Ratio & Operating Ratio
What is MEan By Sundry?
Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c Bank-Of-America
What is ment by MIS reporting?
machinery is assets or liabilities
what is the meaning of accountant,accounting & accountancy & account?
how is caluclation of over time (O.T)
what is subsidiary book?
ICICI
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?
Capital-IQ
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
Wipro
31.
Deloitte
Accenture
Bank-Of-America
Capital-IQ
33.
WHAT IS DERIVATIVE?
WHAT IS A SHARE?
What is the TDS Rates for the F.Y 2008-09 ?
WHAT IS PORTFOLIO MANAGEMENT?
What is portfolio?
India-Infoline
India-Infoline
India-Infoline
India-Infoline
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.
Mafoi
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.
HP
Capital-IQ
IBM
Capital-IQ
Capital-IQ
WNS
HCL
Accenture
42.
Andhra-Bank
TIME
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 the difference between an Imprest and Non-imprest petty cash account?
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