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Accounts Interview Questions & Answers

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Accounts Interview Questions & Answers

An account (in book-keeping) refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. An account is a record in the general ledger that is used to collect and store debit and credit amounts. For example, a company will have a Cash account in which every transaction involving cash is recorded. If the company sells merchandise for cash, the Cash account will be debited and the Sales account will be credited.

Subcategories for Accounts Interview Questions & Answers :-

Following are sub categories for which Interview Questions & Answers are available under Accounts Interview Questions & Answers. Please select the appropriate sub-category:-

Accounts Payable Interview Questions & Answers (41) Exam Mode | Learning Mode

Accounts Receivables Interview Questions & Answers (15) Exam Mode | Learning Mode

Banking Interview Questions & Answers (26) Exam Mode | Learning Mode

Cashier Banking Interview Questions & Answers (10) Exam Mode | Learning Mode

Corporate Accounting Interview Questions & Answers (0) Exam Mode | Learning Mode

Cost Accounting Interview Questions & Answers (47) Exam Mode | Learning Mode

Deposit Account Interview Questions & Answers (10) Exam Mode | Learning Mode

Finance Interview Questions & Answers (71) Exam Mode | Learning Mode

Financial Account Interview Questions & Answers (0) Exam Mode | Learning Mode

Fixed Assets Interview Questions & Answers (11) Exam Mode | Learning Mode

General Ledger Interview Questions & Answers (17) Exam Mode | Learning Mode

Payroll Interview Questions & Answers (11) Exam Mode | Learning Mode

Personal Account Interview Questions & Answers (12) Exam Mode | Learning Mode

Retail Accounting Interview Questions & Answers (44) Exam Mode | Learning Mode

Sweep Account Interview Questions & Answers (10) Exam Mode | Learning Mode

Transactional Account Interview Questions & Answers (10) Exam Mode | Learning Mode

User Account Interview Questions & Answers (6) Exam Mode | Learning Mode

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What is a demographic environment?
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State the role RBI in Industrial Sector?
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What is the relationship between cost accounting financial accounting and managerial accounting?
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What is the difference between Consignor and Consignee?
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Define balancing in accounting?
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Explain what is compound journal entry ?
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What is 3 Way Matching?
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Differentiate between provision and reserve?
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ABO and rhesus (Rh) system, the second rhesus positive baby of a Rh negativemother is at a greater risk than the first
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Differentiate between consignor and consignee?
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How to perform CTERA C200 Full Text Search Configuration modifications?
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. What are the most typical functional units of the Client/Server applications?
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What do you mean by WCC?
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What Items of Information do you need before you can approve an Invoice for Payment?
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What other careers are you considering?
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Certkiller .com is considering an HA solution for disaster recovery and backups. They require regular switch testing and a daily backup from the target system. What should they purchase?

A. A single logically partitioned system

B. Two servers in the same computer room
C. High Availability model located in a remote location
D. CBU (Capacity Backup Unit) located in a remote location

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1. If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now. How it possible?
2. What about VAT like Tax Setups in AP and AR?
3. what about the SWEEP command in AP?
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What is the difference between an application server and a Web server?
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What is anonymous FTP and why would you use it ?
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Inequalities of income do not perpetuate in_____: a)Socialism b)Mixed economy c)Capitalism d)None
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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
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
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
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal



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