Finance & accounts question

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Querist : Anonymous

Querist : Anonymous (Querist)

24 September 2013 Can anybody provide list of question related to Finance & Accounts for written test ?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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24 September 2013 you are asking for a pandora box Boss. thousands of questions can be made!!

Querist : Anonymous

Querist : Anonymous (Querist)

07 October 2013 but I know lot of question can be made but I want in question answer form material if somebody has.

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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24 July 2024 Certainly! Here is a list of questions related to Finance & Accounts that are commonly asked in written tests or interviews:

### Finance Questions:

1. What is the difference between equity and debt financing?
2. Explain the concept of working capital.
3. What is financial modeling, and why is it important?
4. Define NPV (Net Present Value) and explain its significance in investment decision-making.
5. What are the key components of a financial statement? Explain each briefly.
6. Describe the Capital Asset Pricing Model (CAPM) and its components.
7. What is the difference between finance lease and operating lease?
8. Explain the concept of cost of capital. How is it calculated?
9. What is leverage in finance? How does it impact a company's risk and return?
10. Discuss the importance of financial ratios in analyzing a company's performance.

### Accounts Questions:

1. What is accrual accounting? How does it differ from cash accounting?
2. Define depreciation. What are the different methods of depreciation calculation?
3. Explain the terms debit and credit in accounting.
4. What is a trial balance? Why is it prepared?
5. Describe the process of reconciling bank statements.
6. What is the difference between GAAP (Generally Accepted Accounting Principles) and IFRS (International Financial Reporting Standards)?
7. What is the purpose of a balance sheet? What does it include?
8. How are bad debts treated in accounting?
9. Explain the concept of FIFO and LIFO in inventory valuation.
10. What is the difference between an expense and a liability in accounting?

### General Questions:

1. How do you calculate EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)?
2. What is the role of a CFO (Chief Financial Officer) in an organization?
3. Describe a situation where you had to analyze financial data to make a business decision.
4. How would you assess the financial health of a company based on its financial statements?
5. What is the difference between liquidity and solvency?
6. How do changes in working capital affect cash flow?
7. Explain the concept of double-entry accounting.
8. How do you evaluate the performance of an investment portfolio?
9. What are the steps involved in the budgeting process?
10. How does inflation impact financial statements?

These questions cover a range of topics within Finance & Accounts and are designed to assess both theoretical knowledge and practical application. Tailor your preparation based on the specific requirements of the written test or interview you are preparing for.

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