Interview Questions Answers in Accounting AllOther

Questions / { purna }

Questions Answers Category Views Company eMail

What is the trial balance

A1 Technology, Capital IQ,

24 Accounting AllOther 31913

Question { Accenture, 88779 }

what do you mean by BPO,KPO

Answer

BPO Means Business Process Outsource
KPO Means Knowledge Process Outsourcing.

Is This Answer Correct ?

172 Yes

24 No

Question { 6427 }

Tell me something about you

Answer

My name is chandu. and i completed M.Com in Mar 2006. and my
father is business man and mother is house wife and i have
one sister and brother. and i am interest in listing music
and watching T.V and playing cricket and chatting.
i am working so and so (company name). experience in 1 year.

Is This Answer Correct ?

4 Yes

5 No

Question { Infosys, 18136 }

what is net profit?

Answer

net profit means:

(gross profit- expenses and depreciation of fixed
assets)=net profit. for example

particulars amount particulars amount
_____________________________________________________________
gross loss xxxx gross profit xxxx
salaries xxxx
rent xxxx
telephone charges xxxx

net profit xxxx
____ _____
xxxx xxxx

Is This Answer Correct ?

3 Yes

1 No

Question { 19233 }

what is gross profit?

Answer

gross profit means (Purchase-p.returns)- (sales-s. returns)-
closing stock. for example.

particulars amount. particulars amount

Purchae xxx Sales xxx
(-)p.returns xxx xxxx (-)s.returns xxx xxxx

Fright inwards xxxx Closing Stock xxxx

Gross profit xxxx Gross Loss xxxx

Is This Answer Correct ?

7 Yes

3 No

Question { Capital IQ, 24531 }

what is cost of goods sold ?

Answer

in Quick Books {Sales- Gross Profit}= Cost of goods sold

Is This Answer Correct ?

4 Yes

1 No

Question { Genpact, 20822 }

what is net profit?

Answer

net profit means:

gross profit- indirect expense= net profit

Is This Answer Correct ?

4 Yes

1 No

Question { 14654 }

what is securities?

Answer

A guarantee that an obligation will be met.

Is This Answer Correct ?

16 Yes

12 No

Question { WNS, 44811 }

what is the meaning of accountant,accounting & accountancy
& account?

Answer

accountant means Someone who maintains and audits business
accounts.

accounting means A bookkeeper's chronological list of
related debits and credits of a business; forms part of a
ledger of accounts.

accountancy means The occupation of maintaining and
auditing records and preparing financial reports for a business.

Account means A record or narrative description of past events

Is This Answer Correct ?

112 Yes

18 No

Question { 20055 }

machinery is assets or liabilities

Answer

machinery is asset. not fixed assets

Is This Answer Correct ?

3 Yes

15 No

Question { Cap Gemini, 41546 }

salary is which type of account??

Answer

salary is an expenses. it is nominal account nominal
principal is whats come in
what goes out

rent, telephone charges, electrical charges salary this are
expenses. in profit and loss account debit expenses and
credit incomes.

Is This Answer Correct ?

16 Yes

11 No

Question { Volkswagen, 29645 }

meaning of accounts payable

Answer

Account payable means which u pay to u r sundry creditor
that is the payable for example salaries payable, rent,
electrical charges, Telephone charges like this. that is
account payable

Is This Answer Correct ?

59 Yes

9 No

Question { Genpact, 15054 }

what does bpo means?

Answer

Business Process Outsourcing

Is This Answer Correct ?

19 Yes

5 No