I prefer not to answer personal preference questions.
I prefer not to answer personal preference questions.
Planning is the process of setting goals and determining the actions needed to achieve those goals in a systematic way.
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods and services received but not yet paid for.
In accounting, "relax" typically refers to the process of easing or reducing certain financial constraints or requirements, such as payment terms or credit limits, to improve cash flow or customer relations.
A growth rate is a measure of how much a quantity increases over a specific period, usually expressed as a percentage.
ACC stands for "Association of Chartered Certified Accountants."
An account is a record that summarizes all transactions related to a specific asset, liability, equity, revenue, or expense, used to track financial activity and maintain accurate financial statements.
There are three main types of accounts:
1. Real Accounts
2. Personal Accounts
3. Nominal Accounts
A profit and loss account, also known as an income statement, is a financial report that summarizes a company's revenues, costs, and expenses over a specific period, showing the net profit or loss during that time.
The question is too vague to provide a specific answer. Please specify the type of insurance you are referring to.
General insurance is a type of insurance that provides coverage for various risks, excluding life insurance. It includes policies such as auto, home, health, and liability insurance, protecting against financial losses from events like accidents, theft, or natural disasters.
C-Form is a tax document used in India for inter-state sales of goods, allowing the buyer to purchase goods at a reduced VAT rate. It is issued by the buyer to the seller to claim the benefit of lower tax rates under the Central Sales Tax Act.
VLOOKUP (Vertical Lookup) is a function in Excel that searches for a value in the first column of a table and returns a value in the same row from a specified column. HLOOKUP (Horizontal Lookup) works similarly but searches for a value in the first row of a table and returns a value from a specified row below it.
I am aware that your company offers a range of services including inventory management, supply chain optimization, and financial accounting solutions. You focus on enhancing operational efficiency and providing accurate financial reporting to support business growth.
The accounting process is a series of steps that involve identifying, recording, classifying, summarizing, and interpreting financial transactions to prepare financial statements and reports.
The answer cannot be determined without specific data on beer consumption in the city.
I would allocate the $1 million to support community projects, such as funding local schools, healthcare initiatives, and small business grants, to create a positive impact in the community.
The trader had 6 sacks of sugar.
Tax is a mandatory financial charge imposed by the government on individuals or businesses to fund public services and infrastructure.
One of my most memorable moments was when I successfully completed my first major audit project, which not only helped the company save money but also earned me recognition from my team and management.
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.