Find Interview Questions for Top Companies
Dac beachcroft llp Interview Questions and Answers
Ques:- What is the difference between finance and accounts?most of the companies having a different section like finance and accounts. why they aren't had only single section neither finance nor accounts?
Right Answer:
Finance focuses on managing the company's money, including investments, budgeting, and financial planning, while accounts deal with recording, classifying, and reporting financial transactions. Companies separate these functions to ensure specialized expertise and better management of financial resources and compliance.
Ques:- Expenditure incurred for the innovation of Guest house building is revenue nature or capital nature ??
Right Answer:
The expenditure incurred for the innovation of a guest house building is of capital nature.
Ques:- What do you know about sales tax.
Right Answer:
Sales tax is a consumption tax imposed by the government on the sale of goods and services. It is usually calculated as a percentage of the purchase price and collected by the seller at the point of sale. The seller then remits the collected tax to the government. Sales tax rates can vary by state or locality.
Ques:- About compensation, payroll
Right Answer:
Compensation refers to the total rewards provided to employees for their work, including salary, bonuses, benefits, and other perks. Payroll is the process of calculating and distributing these payments to employees, ensuring compliance with tax laws and regulations.
Ques:- Ent analysis or textual analysis is a methodology in the social sciences for studying the content of communication. Earl Babbie defines it as “the stu
Right Answer:
Content analysis is a research method used to systematically analyze communication content, such as texts, speeches, or media, to identify patterns, themes, and meanings.
Ques:- What are the fields used for Project Planning in Ms Project?
Right Answer:
The fields used for Project Planning in MS Project include:

1. Task Name
2. Duration
3. Start Date
4. Finish Date
5. Predecessors
6. Resources
7. Percent Complete
8. Work
9. Cost
10. Milestones
Ques:- WHAT IS WORKING CAPITAL
Right Answer:
Working capital is the difference between a company's current assets and current liabilities, indicating the short-term financial health and operational efficiency of the business.
Ques:- State the difference between Enteric coated and normal coated?
Right Answer:
Enteric-coated tablets are designed to dissolve in the intestine rather than the stomach, protecting the drug from stomach acid and preventing stomach irritation. Normal-coated tablets dissolve in the stomach.
Ques:- Company is failing, you have been brought in to save it, what do you do?
Right Answer:
Assess the current situation, identify key issues, engage with employees and stakeholders, streamline operations, focus on core products or services, improve cash flow, and develop a strategic plan for turnaround.
Ques:- Our client is the New York City Opera. They want to develop a growth strategy for the next five years. What would you advise them to look at, and what are your recommendations for growth?
Right Answer:
1. **Market Analysis**: Assess the current opera market, audience demographics, and trends in arts consumption.

2. **Audience Engagement**: Develop programs to attract younger audiences, such as educational outreach, community events, and social media campaigns.

3. **Partnerships**: Collaborate with local schools, universities, and cultural organizations to expand reach and resources.

4. **Diverse Programming**: Introduce a mix of traditional and contemporary operas, including new works and collaborations with diverse artists.

5. **Digital Presence**: Enhance online offerings, including streaming performances and virtual experiences to reach a broader audience.

6. **Membership and Subscription Models**: Create flexible membership options and subscription packages to encourage repeat attendance.

7. **Fundraising and Sponsorship**: Strengthen relationships with donors and seek new sponsorship opportunities to increase funding.

8. **Feedback Mechanism**: Implement a system for gathering audience feedback to continuously improve offerings and experiences.
Ques:- Estimate costs of building a metro?
Right Answer:
Estimating the costs of building a metro involves several factors, including land acquisition, construction materials, labor, equipment, and operational expenses. A rough estimate can range from $100 million to over $1 billion per mile, depending on the location, complexity, and design of the metro system.
Ques:- A 350-bed hospital in a metro city has historically exhibited strong financial performance, and had a 1-3% operating gain each year for the last five years. However, they are projecting a Rs.30 Cr operating loss this year and expect this situation to worsen in the future. The CFO believes that they will be out of cash within five years. They are our big client and have asked us to identify the source of this sudden downturn, and to come up with alternatives to restore them to a break-even position. They will not consider layoffs as a possible solution. What to do?
Right Answer:
1. **Analyze Revenue Streams**: Review patient volume, payer mix, and service utilization to identify declines in revenue.

2. **Cost Management**: Examine operational costs, including supply chain inefficiencies and overhead expenses, to identify areas for cost reduction without layoffs.

3. **Service Line Review**: Assess the profitability of different departments and services to focus on high-margin areas and consider discontinuing or restructuring underperforming services.

4. **Enhance Patient Experience**: Improve patient satisfaction and retention through better service delivery and engagement strategies to increase patient volume.

5. **Diversify Services**: Explore new service offerings or partnerships that can attract more patients or generate additional revenue streams.

6. **Financial Restructuring**: Consider renegotiating contracts with suppliers and payers to improve margins and cash flow.

7. **Community Outreach**: Increase marketing efforts to raise awareness of services and attract more patients from the community.

8. **Technology Investment**: Invest in technology to improve operational efficiency
Ques:- What is the primary purpose of procurement management plan?
Right Answer:
The primary purpose of a procurement management plan is to outline how project procurement will be managed, including the processes for acquiring goods and services, defining roles and responsibilities, and establishing timelines and budgets for procurement activities.
Ques:- What is my capacity of organizing, maintaining and behavior with supervisor?
Right Answer:
My capacity for organizing involves effectively planning tasks and resources to meet project goals. I maintain clear communication and documentation to ensure everything is on track. Regarding my behavior with supervisors, I prioritize professionalism, respect, and openness to feedback, fostering a collaborative working relationship.
Ques:- What is my major resposibiliyies?
Right Answer:
Your major responsibilities include planning, executing, and closing projects; managing project teams; ensuring projects are completed on time and within budget; communicating with stakeholders; and mitigating risks.
AmbitionBox Logo

What makes Takluu valuable for interview preparation?

1 Lakh+
Companies
6 Lakh+
Interview Questions
50K+
Job Profiles
20K+
Users