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Accountancy Interview Questions & Answers

Below we have listed all the Accountancy Interview Questions and answers. Feel free to comment on any Accountancy Interview Questions or answer by the comment feature available on the page.

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Accountancy Interview Questions & Answers

Nov 19, 2011 - Accountancy is the practice of recording, classifying, and reporting on financial transactions for a business. It provides feedback to management regarding the financial results and status of an organization. Accountancy is the process of managing the income and expenses of a business. Manage your accountancy needs with a comprehensive accounting system such as Debitoor. The process of recording and summarizing financial transactions is known as 'bookkeeping'.

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What is the difference between cost accounting management accounting and financial accounting?
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What do you consider to be the biggest challenge facing the accounting profession today?
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What are the most important goals of accounts receivable?
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Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs.
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How to do Cost Accounting in Tally
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Have you ever been involved in an invoice dispute? How did you manage the problem?
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What qualities have you got that would make you a good accountant?
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What have you read in the newspapers in the last few days that particularly interested you?
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Why did you choose the A-levels you did?
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Describe any accounting process that you have developed or revised.
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What role did you play in collections?
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What is the relationship between cost accounting financial accounting and managerial accounting?
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What other careers are you considering?
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Which accounting applications are your familiar with?
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What information do you require before you approve an invoice for payment?
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What software applications have your used for accounts receivable?
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How many invoices on average do you handle on a weekly/monthly basis?
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What is the difference between liquid asset and fixed asset?
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What information is included in a bill for services?
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What is your greatest achievement and why?
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