Accounting Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

Audit (531)
CompanyAffairs CS (172)
Taxation (2208)
Accounting General (3976)

Oracle General Ledger (64)
Accounting AllOther (4595)

Accounting Interview Questions

Questions Answers Views Company eMail

I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK

Genpact, Oracle,

2121

what is meaning the central excise duties

Excise Department,

16 53875

can any one tell me the Types of accounts in practise

5 7384

If you are making a transaction of Cash Purchase on 30th March and your accounting period ends on 31st March. Does it affect the Current Asset of the Company?

FIC,

5 8555

what is a contract note?

Capital IQ,

8 16624

distinguish between price rate and time rate?

2108

what is tax?

CRP, Genpact, Kotak, Xpitax, Zenta,

51 81176

what is accountig methods?

Genpact,

9 16054

what is net profit?

Genpact,

16 20939

a account has debit balence.what is the meaning?

Genpact, HSBC, State Bank Of India SBI,

15 44270

When u r using Automatic Payment Programme?

IBM,

1 5872

what is general HR?

Amazon, Genpact,

2156

what was the need of Merger in 1991?

1 5003

what is meant by cost accounting? How it is different from financial accounting

2 6824

what is exact difference between copy rights and patent rights?

Capital IQ, NETV,

8 29992

Un-Answered Questions { Accounting }

What is partnership accounting?

1086

Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.

2351

journal can be entered only in open periods. Is this statement correct?

367

What are the columns of a journal?

1200

What is mean by error of submission? can u plz provide notes on this?

2522

is replacement of DVD writer come under fixed assets. I think that it cannot increase earning capacity or it cannot any separate identity.please clarify me

2298

What do you understand by dissolution of firm?

1132

do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

2126

why cost center is assign to gl account in sap

1479

Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1922

Can we use ST-38 outward form for a sale of Rs-100000/- with in the state i.e haryana

3058

Is it possible to list only a portion of Equity Shares leaving the balance as unlisted?

3120

Explain me fair value accounting?

1011

lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples

2040

Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

1987

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