Saturday, March 5, 2011

Group Account Manager

What is the difference between authorised capital and paid-up capital?

What is the journal entry for cancelling a cheque?

What is known as direct debit in bank reconcilation?

What are Accrual, Provision and Reserve?

Give examples of problems that manifest themselves in accounting department?

How prepare funds flow statement?

What difference between retail invoice and tax invoice?

What is Debtors Reconciliation?

How will you Prepare Final Accounts?

How to pass a JV when we receive bill including service tax?

Why is the development of credit policies critical to the organization?

What are the assumptions of BEP analysis?

Explain short term solvency ratios?

What is Short Term Solvency Ratio?

What is Shadow Balance Sheet? Where it is used?

How is working capital arrived?

What is a Control Account? How will you create a control account?

How will you treat pre-paid insurance in balance sheet?

What is the steps taken before approving any Invoice ?

What is the full form of acronym FPNA? 

What do you mean by EMI Reports? How we make EMI Reports?

Describe What is Net Cash Accural? What is the effect of this on Working Capital?

Why depreciation is not charged on land?

What are freight charges?

Where do you put non current lease payment on a statement of cash flow?

What is contribution margin and How it is calculated?

Explain What is money market?

What is the importance of the profit and loss account?

What is meaning of Stale Cheque?

What are the contemporary applications used in AP/AR? 

What is Form No 8E ? Explain in What situation Form No 8E can be issued?

What is miscellaneous expenses?

How can we caluculate HRA, DA, DP in taxation?

What is the difference between financial account and financial statement?

Why always Liabilities are on left side and Assets on right side in Balance Sheet?

Why do we prepare Trail Balance?

How do you calculate sensex points?

What is meant by reserves?

How do you prepare MIS Report?

What is the diffrence between Travelling and Conveyance  ?

What are the objectives of Accounting?

What is Amortization?

What is the difference between a Provisions and Reserves?

What is the meaning of Comprehensive Income ?

What is prepaid expense and What are its effects?

What is Back Flash Accounting and explain with an example?

How does posting acctounts payable and receivable effect the general ledger?

What is the difference between ordinary shares and Preference share? 

What is Contingent Liability?

What Account is Salary outstanding? Is it real, personnel or nominal account?

Who invented double entry system?

What is the meaning of account voucher?

What is the Provision? What is the Entry for Provision?

What are the advantages of Computer accounting over Paper accounting? 

How to prepare finalisation accounts?

What is the difference between Capital Reciept and Revenue Reciept?

What is Departmental Accounting? Give an example ?

What is Service Tax & Excise? How it will be charge?

What is Capital Budget?

What is SLA?

Difference between Accounts and Finance?

What is bills receivable?

What is deferred account?

What are MIS reports and do you prepare it?

What is your role in planning?

How to do credit control?

What is bank reconcillation statment?

What do you mean by Bank Reconsilation Statement?

What are the extraordinary items?

What is the ficticious assets?

What is the difference between Oracle financials and Sap Fico?

What are time sheets? How they are maintained?

What is mean by Working Capital?

What is shadow balance ?

What is meant by balancing?

What is the difference between inactive accounts and dormant account?

What is meant by turnover?

What is meant by calender maintaince?

What is meant by daily accrual and booking ?

What is operative accounts ?

What is balance sheet and offbalance sheet?

What are the configuration steps for Bank Reconciliation in SAP FI module?

WWhat is polling facility?

What is customer account?

What is dormant account?

What is balancing?

What is retail banking?

What is inventory management ?

What is the difference between personal account real account and nominal account ?

What is meant by partitioning?

What is trade bills?

What is double entry book keeping?

What is dividend wareents?

What is Letter of Credit?

What are the four classification of Bad & Doubtful Debts as per the context of the Bank?

What is a Comprehensive Income?

What is the difference between Perpetual & Periodic Inventory system?

What is the difference between provision & reverse?

What is an adjusting journal entry?

What is Contingent Liabilities?

In What cases can Convertible bonds be considerred as derivatives?

What is the Difference Between Sales Tax and VAT ?

What is CST ?

What is the Difference Between Sales Tax and VAT ?

What is the Difference Between Income Tax and TDS ?

Why we Deduct TDS ?

What is Statory Books ?

What is the Difference Between P & L A/C and Income and Expenditure A/C ?

What is Depreciation ?

What is Journal Entry of Depreciation ?

How many types of Methods of Depreciation Calculation ?

What is LIFO and FIFO ?

What is the Difference Between Limited Co and Pvt Ltd Co ?

What is the Project Accounting in case of Real Estate or Construction Co`s ?

What is the Basics of Bank Reconcialiation ?

What is Double Entry System ?

What is the Meaning of Value Date in Bank Statement ?

What is the Meaning of E?& O?E ?

What Is The Difference Between Bill and Invoice?

How a company can purchase materials from any other state without a way bill ?

What is ABC ANALYSIS OF INVENTORIES ?

How many types of inventories are there for a company ?

What is the Intrest Rate for CST Delay Payment?

What is matching concept ?

difference between provisions and reserves?

What is break even point?

What is book building ?

What is the simple definition of liquidity and equity?

What is the fullform of WCT?

How to account pre incorporation expenses?

What is cash profit?

What is the difference between back order and partial shipments?

How to Finalized Accounts?

How will u check the account receivables and cash balances while doing audit ?

who is debtor? who is creditor?

What is TDS rate of Salary head?

What is Journal Entry for Booking & paid Telephone Expenses?

What is amortization?

What is FBT & where it is used?

What is GST and How it work ?

What is liability?

How many types excise audits and when they are applicable to firm?

What do you mean by cenvat? and in which is liable?

What dou mean by work contract?with example?

What doyou mean by assesment order? and for What purpose it will be passed?

What is the maximum amount of adversiting while we paying in cash?

Why TDS not Deducted on Service tax amount of Rent?

What is the difference between 'quotation' and 'proforma invoice'?

What is the bill of exchange?

What is the finallizition account?

What is the role of journal in accounts ?

What is prudence ?

What is contigencies?

What is capital?

What is difference between cash & intraday in stock market?

What is the diffrentm between internal & external audit?

How many types of auding report?

What is Sale tax Assessment?

What is bill receible?

What do Loan Loss Coverage Ratio mens describe it with examples?

How we will account the preliminary expenses in journal and ledger as well as balance sheet?

How loan is different from debenture?

What is the meaning of the Dilapidation ?

What is vat sett off? service tax?

What is trail balance? What is Profit & loss a/c ? What is Balance sheet?

What do u mean by Derivatives and its types?

What differance Between Capital reserv and reserve capital?

What is proviosion for bad debts and provision for bad and doubtfull debts?

What is the meaning of the amortization ?

What IS ACCOUNT? What IS FINANCE? What DO YOU MEAN BY FINANCE AND ACCOUNTS?

How to pass year ending entries for VAT treatment?

How to pass year entry for incomtat payment?

What is the definition of direct expenses?

What is the difference between equity shares & preferred shares?

What is deemed assessee?

What is FDI?

What is the basic function of accounting?

What is tax asesssement?

Is 'H'Form can be issued against local sale?

What is the difference of Capital and Investment?

How do you calculate GRATUITY and How much its exempted under taxation?

How can we calculate Goodwill of a firm?

What is the FORM F ? And when we are going to use it ?

What is money at call and short notice ?

What do you mean by documentation ?

which is the combine entry in ERP?

explain about ISO certificate ?

What IS CST & What IT'S RATE ?

What are the difference between P/l a/c and income and expenditure ?

What is cenvat credit?

What is composition vat ?

diff between eqiuty share & preference shares ?

What is cash flow & What is funds flow statement ?

diff? between accounts & finance ?

What is account & What is finance ?

What is the prior period item ?

What is the meaning of GAPP?

What is working capital?

who is the customer and vendor?

Whatis the meaning of Depreciation? and why it will charge?

who is payee?

What is the meaning of Bills Receivable?

What is mutualfunds?

What is stock market?

difference between options and futurs ?

What is derivative?

What quick books How to prepare ?

What aboutthe Comprised account for preparation of Book Accounts ?

What are the major components of country's trade account?     

What determines Capital flow across the countries?

What is the definition of dual reporting in view of global market?

What is input rebet on sale tax?

When we use D form?

Why 2:1 is considered as ideal current ratio?

What is the mean of ABC analysis ?

What is the meaning of Processing Vendor/Employee payments?

What are the rules of Account?

What is Venture Capital ?

What is 'Rights Issue' ?

What is difference between venture capital financing and equity financing?

What is standing order ?

What is forex management?

whah is price earning formula?

What are the nationalised banks?

What are the financial ratios that a manager see in accounting?

How to calculate basic in provident fund under salaries?

What is VAt return form ?

What is the difference between trial balance and ledger account  ?
   
How much deduction want while salary paid?

What is an acquisition?

What is merger?

What is joint venture & venture capitaling ?

What is private equity?

What is drawbacks of account?

What is a Funds flow statement?

Why is Income statement prepared?

What is the full form of GAAP?

What is the full form and the application of SAP?

What do you mean by the term Accounts Payables/ Receivables?

What is a 3 Column cash book?

What are the golden principles of accounting? Give an example for each?

What do you mean by depreciation?

Why do we prepare trial balance?

What do you mean by contingent liability?

What is Penal account?

How to reconcilation of modvat ?

What is budgeting and steps required to configure this?

What is withholding tax?

What is MD050?

Is Taxi bills allowed to claim the LTA?

What is the concept of finance accounting?

What is differance between creditors & expenses for creditors?

What is buy back of share & why a company go for it?

What IS THE MEANING OF BLUE CHIP COMPANY?

What is mean by credit purchase?

What is cost accounting ?

What is purchase consideration?

What is BRS? What is the use of BRS?

why balance sheet should tally?

What is difference between profit, revenue?

What is dishonor check?

What is Accounting?

What IS PORTFOLIO MANAGEMENT?

What is portfolio Saint?

What is minority interest?

What is EPS?

What is Acquisition?

What IS PROSPECTUS?

What IS DERIVATIVE?

What are motive behind mergers And acquisitions?

What is the entry for deprecation?

What is Home Loan Modification?

What are Mortgage Payment Problems?

What is Mortgage Payment?

How to Calculate Mortgage?

What are Home Equity Loans ?

What is a bad credit score?

What is Inter Company Reconciliation?

What is Vendor Reconciliation and How is it done ?

What is Procedure of Bank Reconciliation?

Explain the Calculation of VAT ?

Explain the Calculation of Sales Tax?

What is the Difference between VAT and Sales Tax ?

What are the various forms used for Sales Tax?

What are the various forms used for VAT?

Rules for filling Income Tax return for an Individual ?

What is Tax Refunds ?

What is TDS and why we deduct it?

What is Advance Payment of Tax?

What do you mean by Adjustment

What is journal for Credit purchase?

What is the Branch Accountant Responsbilities ?

What is the meaning of call in arear?

What is Mean By Defered Tax, How To Calculate?

What are rules of double entry system ?

why should we are preparing BRS ?

What is outsider equity and time interest period ratio?

What are the names of the codes which are needed for RTGS ?

What is market capitalisation?

What is contigent liabilities? Whats it status in balance sheet?

What is Petty Cash Book?

What is calls-in-arrears?

What is traditional Based Budgeting?

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