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Managerial Accounting Interview Questions & Answers - Learning Mode
COOLINTERVIEW.COM ACCOUNTS PAYABLE INTERVIEW QUESTIONS MANAGERIAL ACCOUNTING INTERVIEW QUESTIONS QUESTIONS & ANSWERS - LEARNING MODE

Managerial Accounting Interview Questions & Answers - Learning Mode

Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information for the pursuit of an organization's goals. This branch of accounting is also known as cost accounting. Managerial accounting is the process of identifying, measuring, analyzing, interpreting and communicating information for the pursuit of an organization's goals. This branch of accounting is also known as cost accounting.

Try Managerial Accounting Interview Questions & Answers - Exam Mode

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Managerial Accounting Interview Questions & Answers - Learning Mode
Try Managerial Accounting Interview Questions & Answers - Exam Mode
Question: What qualities have you got that would make you a good accountant?


Answer: Aside from the obvious ones such as numeracy and interpersonal skills, key skills will include determination and self discipline (to get through the difficult professional examinations) and an interest in the business world generally. An ability to work in (and ultimately lead) teams, strong analytical skills, good verbal and written communication skills and curiosity (particularly on the audit side) are some of the others you could mention - if you aren't strong in some of these areas then Source: CoolInterview.com
Question: Will you save me money?

Answer: By monitoring and reporting on the results of your business you will be able to take timely corrective action as well as informed decisions for your companys growth. We are totally committed to providing a highly cost-effective approach to Management Accounting which invariably results in considerable savings for our clients. Source: CoolInterview.com
Question: How to prepare for management accounts?

Answer: The preparation of management accounts can be disruptive as well as utilising excessive senior managment time. The most important use of management time is to concentrate on the businesses core activities. Utilizing management accounting services is often key to the smooth running and time-efficiency of a business. Source: CoolInterview.com
Question: If a company sale his product by
using a brand name of other company in their knowledge.Earn against sale of brand name.In which account earning will be book?



Answer: No answer available currently.
Question: Are you happy with the grades you achieved at A-level?

Answer: Chartered Accountancy firms put a lot of weight on A-level grades as these have been found to be the best predictors of success in professional examinations.<br><br>If your A levels were not outstanding, this may sometimes depend more on the quality of the school you attended than your ability. In some inner-city schools it may be that a mediocre A-level performance that you achieved might have been the best in your school - if this is so, then make it clear. An average performance a Source: CoolInterview.com
Question: Can you produce specific reports to suit my business?

Answer: We provide an exceptionally wide range of bespoke reports. Income and expenditure is laid out in a format that best suits your business and can be displayed together with budgets and/or historical data. Source: CoolInterview.com
Question: How can managerial accounts helps to quickly get information?

Answer: The flexible working approach of our staff enables us to react quickly to urgent demands. We can often produce Management Accounts, including forecasts within days of instruction. Source: CoolInterview.com
Question: Why did you choose the A-levels you did?

Answer: The A-level subjects you chose are largely irrelevant, so answer this question honestly, although A levels which demand numeracy, analytical skills and communication skills may help.

If you have not done A levels, but entered university by some other route such as an Access course, explain why this was so - you may find the selectors will in this case put a lot of weight on your degree performance.

A-levels are close to the heart of Accountancy firms. This is because your performan Source: CoolInterview.com
Question: Why do you want to be an accountant?

Answer: <br>A stereotypical answer to this question is that accountancy offers a respected professional qualification which can lead on to a wide range of opportunities in business. This is all true, but it doesn't answer the question of why YOU want to become an accountant - and if you give as general an answer as this, you can expect to be questioned in detail on the nature of the qualification and the opportunities you see it leading to.<br><br>Much of the income of the larger a Source: CoolInterview.com

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Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
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A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
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