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- Registered: 2017-09-21
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73 Most Common Accounting Manager Interview Questions And Answers
Accounts Manager based Frequently Asked Questions in various Accounting Manager job interviews by interviewer. These professional questions are here to ensures that you offer a perfect answers posed to you. So get preparation for your new job hunting
1 Tell us have you ever prepared MIS reports and what are these?
2 Tell us how much statistics knowledge is necessary or required in accounting?
3 Tell me what is fair value accounting?
4 Tell us what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
5 What are things will not be included in bank reconciliation statement?
6 Can you list out some of the accrued expenses and the accounts in which you would record them?
7 What does financial statement of the company includes?
8 Mention in simple terms what is the difference between Asset, equity, and liabilities?
9 Tell us how much mathematics knowledge is necessary or required in accounting?
10 Tell me what are the accounting events that are frequently involved in compound entries?
11 Explain me what is the general classification of accounts that usually ledger account involve?
12 What is the difference between accumulated depreciation and depreciation expense?
13 What happens to company’s “Cash Account” if it borrows money from the bank by signing a note payable?
14 What are the three factors that can affect your cash flow and business profitability?
15 What is liabilities and what all does include in current liabilities?
16 What is the difference between depreciation and amortization?
17 Why some asset accounts have a credit balance?
18 What are the activities that includes in Cash Flow Statement?
19 List out some of the examples for liability accounts?
20 Explain me the types of accounts involved in double entry book-keeping?
21 Tell me what is dual aspect term in accounting?
22 Tell me the types of ledger?
23 What knowledge should financial accountant have?
24 Can you list out things that fall under intangible asset?
25 How you can adjust entries into account?
26 Under the accrual basis of accounting, when revenues are reported in the accounting period?
27 Tell us what do we mean by purchase return in accounting?
28 Can you differentiate between provision and reserve?
29 Tell us whether the account “Cash” will be credited or debited, when a company pays a bill?
30 Explain the meaning of long-term notes payable is or long term liabilities?
31 What is double-entry accounting? Explain with an example?
32 What is Bad debt expense?
33 What does the investment of personal assets by the owner will do?
34 Which account is responsible for interest payable?
35 Tell us entries to revenues accounts such as Service Revenues are usually?
36 Can you define Offset accounting?
37 Do you know what is company’s payable cycle?
38 What is partitioning in accounting?
39 Tell us what is assets minus liabilities?
40 Please explain overhead in terms of accounting?
41 Under what type of account does the unearned revenues fall?
42 Deferred taxation is a part of which equity?
43 Do you know where a cash discount should be recorded in journal entry?
44 Where do generally accruals appear on the balance sheet?
45 Tell me what is marginal Cost?
46 Explain me retail banking?
47 Mention in which account does the unpresented cheque will get recorded?
48 What is account receivable?
49 What is balancing in accounting?
50 Explain me trade bills?
51 Tell me what is the term material facts in accounting?
52 What is an over accrual?
53 Do you know what are bills receivable?
54 Can you list out the Stages of Double Entry System?
55 What is trial balance in accounting?
56 Tell me what is depreciation and its types?
57 What does the standard journal entry includes?
58 What is reversing journal entries?
59 What is compound journal entry?
60 Can you differentiate between consignor and consignee?
61 What is the equation for Acid-Test Ratio in accounting?
62 What is GAAP?
63 Tell me what is scrap value in accounting?
64 What a deferred asset is and give an example?
65 What is ledger?
66 What is the disadvantage of double entry system?
67 What is “deposit in transit”?
68 Tell us what is working capital?
69 What is General ledger account?
70 Explain me what is accrual accounting?
71 Mention what is Bank Reconciliation?
72 What is the Master Account?
73 Explain the term account payable?
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