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Accounting Interview Questions


Accounting Interview Questions

Questions: 613
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 Accounting Interview Questions
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What are the major areas of differences in financial accounting and reporting practices observed around the world? In what areas are there substantial similarities? 
Latest Answer: I must admit. This is one of the best questions ever asked in this forum.I don't know the answer. And I want the answer. I believe the answer can be given only by someone who is experienced in different accounting practices worldwide. ...
Read Answers (1) | Asked by : ldfudf

What are the month end activities in FICO 

What is meant by MIS-Monthly?What is meant by Form 16A ? 
Latest Answer: The word MIS means Management Information System it is an comprehensive statement differs from Industry to Indsutry or Organisation to Oraganaisation in general contex Montlhy MIS of any concern aims at activities taken in a month(duration differs from ...
Read Answers (1) | Asked by : asgarali

What are the documents require for the payment?What are the expenses are made in inventory stock? 
Latest Answer: In making payment for buying stock/goods we need invoice/bill and lorry receipt or bill of lading. If the goods are brought via air transport then airway bill or whatever name it is called by.And then when you make a payment you need to take receipt. ...
Read Answers (1) | 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

What are the contemporary applications used in AP/AR?  

What is Form No. 8E ? Explain in what situation Form No. 8E can be issued. 
View Question | Asked by : raja.s.t.

what is miscellaneous expenses & why they carry forward every year 
Latest Answer: Miscellaneous expenses are those expenses which are very minor/small in nature.Any expense which cannot be debited to any expense account is debited to misc exp a/c. Examples: donations given to someone (if they are too small to call donation, else debited ...

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