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Accounting Interview Questions


Accounting Interview Questions

Questions: 472
Comments: 777
 Showing Questions 11-20 of 121 Questions
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 Accounting Interview Questions
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Explain what is money market? 
Latest Answer: Money market is the market of money.Just like goods and services are sold in market money itself is also sold.That does not mean foreign currency. I mean when you buy short term deposit, treasury bill of government, commercial paper etc then it is called ...

What is the importance of the profit and loss account? What is the most important item of the P&L A/C (asked in a Citibank interview) 
Latest Answer: A company's profit and loss account shows revenue, expenditure and the profit and/or loss resulting from operations for a given 'financial year'. So it is necessory for the company to know the profit and loss after deducting / adding all direct and indirect ...

What is meaning of Stale Cheque? 
Latest Answer: The  words are self explanatory. Each negotiable instrument has a validity. No financial instrument can be given for indefinite period. A cheque which has crossed maximum 6 months from the date of signing the cheque is stale cheque. That 6 months ...

What are the major areas of differences in financial accounting and reporting practices observed around the world? In what areas are there substantial similarities? 
View Question | Asked by : ldfudf

What are the month end activities in FICO 

What is meant by MIS-Monthly?What is meant by Form 16A ? 
View Question | Asked by : asgarali

What are the documents require for the payment?What are the expenses are made in inventory stock? 
View Question | Asked by : asgarali

What are the major areas of difference in financial accounting and reporting practices observed around the world ? In what areas are there substantial similarities ? 
View Question | Asked by : venket

What are the benefits and costs of segmental reporting? Evaluate the quality of segmental reporting by multinational enterprises generally and by US. 
View Question | Asked by : venket

A companys' prinicpal activity is to buy land for development. It is like investing in land and then developing it. Do you treat this land as available for Sale or fair value through statement of 
View Question | Asked by : clevy

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