Accountant/ Accounts Executive Interview Questions and Answers in 2025 (100+ Q&A)

Ques:- What is Pay Role?

Asked In :- Womble Bond Dickinson, UCC Coffee, cosec,

Right Answer:
Payroll is the process of calculating and distributing employee salaries, wages, bonuses, and deductions, as well as managing tax withholdings and ensuring compliance with labor laws.

Accountant/ Accounts Executive Excel SAP

Ques:- WHAT IS GAAP?

Asked In :- NAB - National Australia Bank, ANZ Bank, SBI Life Insurance, Factspan, AM InfoWeb, Millennium Organisation, Medline Industries, India Shelter Finance, Anova Data, India Nippon Electricals,

Right Answer:
GAAP stands for Generally Accepted Accounting Principles. It is a set of rules and standards used in the United States for financial reporting and accounting to ensure consistency and transparency in financial statements.

Accountant/ Accounts Executive Excel MIS Tally

Ques:- What is hform?

Asked In :- Promantia Consulting LLP, Mother Dairy, ESAF Small Finance Bank, ANZ Bank, SBI Life Insurance, Kiran Foreign Trade, HireMee, carrier corporation, thompson rivers university, point72,

Right Answer:
HForm is a tool used in Tally for creating and managing customized forms for data entry and reporting, allowing users to tailor the input and output formats according to their specific requirements.

Accountant/ Accounts Executive MS office

Ques:- WHY BRS IS IMPORTANT?

Asked In :- Junior Clerk, Suryoday Small Finance Bank, Motilal Oswal Securities, London Stock Exchange Group, FMCG Distribution, Bajaj Allianz Life Insurance, inchcape shipping services, pakistan state oil company (pso), federal reserve bank of dallas, sydney trains,

Right Answer:
BRS (Bank Reconciliation Statement) is important because it helps ensure that the company's financial records match the bank's records, identifies discrepancies, prevents fraud, and provides an accurate picture of cash flow.

Accountant/ Accounts Executive

Ques:- How many types of accounting role are there?

Asked In :- Vivienne Court, Wipfli, A S R, piramal pharma solutions, synergen health llc, south african institute of professional accountants (saipa), sentinel, carepay limited, trade finance bank,

Right Answer:
There are several types of accounting roles, including:

1. Financial Accountant
2. Management Accountant
3. Tax Accountant
4. Auditor
5. Forensic Accountant
6. Cost Accountant
7. Government Accountant
8. Internal Auditor
9. External Auditor
10. Bookkeeper

Accountant/ Accounts Executive Corporate Communication

Ques:- Where do you put up?

Asked In :- CBRE South Asia, Bank AL Habib, SR Batliboi & Associates, SNB, MNP LLP, Midland Microfinance, Imperium Management Solution, newcrest mining, covenant university, ota, nigeria, the morning star company,

Right Answer:
I live in [your location].

Accountant/ Accounts Executive

Ques:- What do you know about Accounts Payable?

Asked In :- Ryan India Tax Services, Nations Trust Bank, Federal Bank India, Nextgen Clearing, dp world, fast retailing, australiansuper, cr, d&v philippines,

Right Answer:
Accounts Payable refers to the money a company owes to its suppliers or vendors for goods and services received but not yet paid for. It is a liability on the balance sheet and involves managing invoices, processing payments, and ensuring timely settlement to maintain good supplier relationships.

Accountant/ Accounts Executive Accounting

Ques:- What is book keeping

Asked In :- Gleacher Shacklock, Rajkot Nagarik Sahakari Bank, vancity, giz,

Right Answer:
Bookkeeping is the process of recording and organizing all financial transactions of a business, including sales, purchases, receipts, and payments, to maintain accurate financial records.

Accountant/ Accounts Executive

Ques:- What type of recruitments are available?

Asked In :- Sage Intacct, TJSB Bank, zesco, william blair, meridian credit union, bank of tanzania, state bank of mauritius, mahajan & aibara, uk power networks, paytm money,

Right Answer:
There are several types of recruitments available, including:

1. **Internal Recruitment** - Filling positions from within the organization.
2. **External Recruitment** - Hiring candidates from outside the organization.
3. **Campus Recruitment** - Recruiting fresh graduates from colleges and universities.
4. **Walk-in Interviews** - Open interviews where candidates can come without prior appointments.
5. **Online Recruitment** - Using job portals and social media to find candidates.
6. **Headhunting** - Actively seeking out candidates for specific roles, often for senior positions.

Accountant/ Accounts Executive

Ques:- Previous experience in organsisation

Asked In :- Mansukh Securities & Finance, Lion International Bank, ebrd, arup laboratories, al ansari exchange, greenko group, central bank of kenya, bandhan bank, kpmg sri lanka, newday,

Right Answer:
In my previous role as an accounts executive at XYZ Company, I managed accounts payable and receivable, prepared financial statements, and assisted with budget forecasting. I also ensured compliance with accounting standards and collaborated with the finance team to streamline processes.

Accountant/ Accounts Executive Excel

Ques:- What is the service tax rate?

Asked In :- NJ India, NAB - National Australia Bank, ClearTax, Capstone Securities, Consero Global Solutions, Apar Industries, Can Fin Homes, Questrade, think-cell, Capline,

Right Answer:
The service tax rate is 18%.

Accountant/ Accounts Executive

Ques:- What is mortgage?

Asked In :- BUP, India Cements, P C Chandra Jewellers, pru life uk, ofwat, birch hill equity partners,

Right Answer:
A mortgage is a loan used to purchase real estate, where the property itself serves as collateral for the loan.

Accountant/ Accounts Executive Cost Accounting

Ques:- WHAT IS ACCOUNTING PROCESSES IN COMPANY

Asked In :- Commonwealth Bank of Australia, Mizuho Corporate Bank, Manba Finance, Divya Portfolio, the ups store, european investment bank, britam, capitalvia global research limited, aequs, aci,

Right Answer:
The accounting processes in a company typically include the following steps:

1. **Identifying Transactions**: Recognizing financial events that need to be recorded.
2. **Recording Transactions**: Documenting transactions in journals using double-entry bookkeeping.
3. **Posting to Ledger**: Transferring journal entries to the general ledger accounts.
4. **Trial Balance Preparation**: Summarizing all ledger accounts to ensure debits equal credits.
5. **Adjusting Entries**: Making necessary adjustments for accrued and deferred items at the end of the period.
6. **Financial Statement Preparation**: Creating income statements, balance sheets, and cash flow statements.
7. **Closing Entries**: Closing temporary accounts and preparing for the next accounting period.
8. **Review and Audit**: Ensuring accuracy and compliance through internal or external audits.

Accountant/ Accounts Executive Corporate Communication

Ques:- What was your happiest/saddest moment?

Asked In :- Bangladesh Securities and Exchange Commission BSEC, ITC Indian Tobacco Company, Allocator, cyril amarchand mangaldas, offshore, singhvi, dev & unni, chartered accountants, cicero group,

Right Answer:
My happiest moment was when I received recognition for my hard work on a project that significantly improved our team's efficiency. My saddest moment was when I had to say goodbye to a close colleague who moved away after many years of working together.

Accountant/ Accounts Executive Excel

Ques:- How is it possible for a company to show positive net income but go bankrupt?

Asked In :- SBI Life Insurance, IDrive, Adaptive Financial Consulting, think-cell, HireMee, PFB, Eurofins Scientific, Bnp Paribas India Solutions Pvt Ltd, nomura, smartsheet,

Right Answer:
A company can show positive net income but go bankrupt if it has high levels of debt or cash flow problems, meaning it doesn't have enough cash to pay its liabilities, even though it is profitable on paper.

Accountant/ Accounts Executive Audit Income Tax Returns

Ques:- What is income tax slab rate?

Asked In :- DFO, Everest Bank, MP Chitale & Co, V Singhi & Associates, Konkan Railway, Mahagenco, NatWest Group, hdfc bank, jefferies, pwc luxembourg,

Right Answer:
Income tax slab rates are the ranges of income that are taxed at different rates. In many countries, these rates increase as income increases, meaning higher earners pay a higher percentage of their income in taxes.

Accountant/ Accounts Executive

Ques:- What is financial portfolio management?

Asked In :- Zelis, lolc, payreto,

Right Answer:
Financial portfolio management is the process of creating and managing a collection of investments, such as stocks, bonds, and other assets, to achieve specific financial goals while balancing risk and return.

Accountant/ Accounts Executive Accounting Standard Cost Accounting

Ques:- What are the golden rules for accounts?

Asked In :- Inventurus Knowledge Solutions, Bharat Forge, Wonder Cement, Novel Office, KBC Bank, Nalco Water, Bolt & Nut Manufacturing, Marwadi Shares Finance Pvt Ltd, Texmaco Rail Engineering Ltd, elanco,

Right Answer:
The golden rules for accounts are:

1. **Debit the receiver, credit the giver** (Personal Account).
2. **Debit what comes in, credit what goes out** (Real Account).
3. **Debit all expenses and losses, credit all incomes and gains** (Nominal Account).

Accountant/ Accounts Executive Tally

Ques:- What is your motivation?

Asked In :- Bhavna, aditya birla group, pimco, bmw financial services, arup laboratories, sage pastel accounting,

Right Answer:
My motivation comes from the desire to contribute to the financial accuracy and efficiency of the organization, ensuring that all accounts are managed effectively and that I can help the team achieve its goals.

Accountant/ Accounts Executive Aptitude Corporate Communication

Ques:- Tell me about your experience?

Asked In :- MP Chitale & Co, Redcliffe Life Sciences, Balaji Group, Financial Technology Partners, boskalis, banque misr, psp investments, carvana, tradestation, solactive ag,

Right Answer:
I have [X years] of experience in accounting, where I have managed financial records, prepared reports, and ensured compliance with regulations. I have worked with various accounting software and have a strong understanding of financial analysis and budgeting. My experience also includes collaborating with teams to improve processes and enhance communication within the organization.

The Accountant / Accounts Executive category on takluu.com is designed for professionals responsible for maintaining accurate financial records, handling accounts payable and receivable, and supporting financial audits. These roles are critical for the smooth functioning of an organization’s finance department.

This section covers essential topics including journal entries, ledger posting, bank reconciliation, invoicing, payroll processing, taxation basics, and preparation of financial statements. Interview questions also test knowledge of accounting principles (GAAP/IFRS), compliance regulations, and use of accounting software like Tally, QuickBooks, or SAP.

Candidates preparing for positions such as Junior Accountant, Accounts Executive, Finance Assistant, or Bookkeeper will find curated interview questions, practical scenarios, and tips on managing day-to-day accounting tasks efficiently.

Interviewers typically assess your accuracy, attention to detail, and understanding of financial processes. You may be asked to explain how you handle reconciliations, manage expense reports, or ensure timely submission of tax filings.

At Takluu, we provide detailed study materials and example questions to help you build confidence and demonstrate your competence in interviews.

Whether you are a fresher starting your career or an experienced professional seeking advancement, this category offers comprehensive preparation to help you succeed in accounting roles.

Questions in: Accountant/ Accounts Executive

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