35 Ally bank Interview Questions and Answers | HR, Technical & Aptitude Prep

Accounting

Ques:- What is Use of statistics in accounting?

Asked In :- Citco, Signet Jewelers, Revenue Assurance Services, creditmantri, ally bank,

Right Answer:
Statistics in accounting is used to analyze financial data, identify trends, make forecasts, assess risks, and support decision-making by providing insights into patterns and relationships within the data.

Account Payble Financial Accountant

Ques:- How many invoices have you handled on a monthly basis?

Asked In :- First American, Hitachi Capital (UK), PDEA, Cascade Revenue Management (India), dtc, fairstone, sahni natarajan & bahl, vpls inc., ally bank, us equity advantage,

Right Answer:
I have handled approximately [insert number] invoices on a monthly basis.

Accountant/ Accounts Executive Taxation

Ques:- What are your areas of interests?

Asked In :- ESAF Small Finance Bank, Kiran Foreign Trade, Vasan & Sampath, kpmg canada, pwc hong kong and mainland china, neuberger berman, banque misr, mazars uk, axiom telecom, vistra,

Right Answer:
My areas of interest include tax compliance and planning, financial reporting, auditing processes, and staying updated on changes in tax laws and regulations.

Accounting

Ques:- What are the most important goals of accounts receivable?

Asked In :- FCI CCM, TD Direct Investing International, Expenzing, v.ships, bernhard schulte shipmanagement, bdo unibank, d&v philippines, gic, affordplan, ally bank,

Right Answer:
The most important goals of accounts receivable are to ensure timely collection of payments, maintain accurate records of customer transactions, minimize bad debts, manage cash flow effectively, and strengthen customer relationships.