Find Interview Questions for Toulouse business school

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I prefer to use LinkedIn for professional networking, Twitter for industry news and trends, and Instagram for brand engagement and visual content.

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Your capability includes strong leadership skills, strategic thinking, excellent communication, and the ability to drive business growth and manage teams effectively.

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Lease financing is a method where a company acquires the use of assets by renting them from a lessor for a specified period instead of buying them outright. It helps conserve capital and provides flexibility in asset management.

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Working capital refers to the difference between a company's current assets and current liabilities. It represents the funds available for day-to-day operations. The primary objective of working capital management is to ensure that a company has sufficient liquidity to meet its short-term obligations while maximizing its operational efficiency and profitability.

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Cost accounting focuses on capturing and analyzing costs associated with production and operations. Financial accounting involves recording, summarizing, and reporting financial transactions to external stakeholders through financial statements. Managerial accounting provides internal management with information for decision-making, planning, and controlling operations.

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The time value of money (TVM) is the concept that money available today is worth more than the same amount in the future due to its potential earning capacity. Techniques used for this include Present Value (PV), Future Value (FV), Net Present Value (NPV), and Internal Rate of Return (IRR).

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Under the Companies Act, 1956, shareholders have the right to participate in a rights issue, which allows them to purchase additional shares in the company in proportion to their existing holdings, typically at a discounted price, before the shares are offered to other investors.

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The basic accounting principles every accountant should know are:

1. **Accrual Principle**: Revenue and expenses are recorded when they are earned or incurred, not when cash is exchanged.
2. **Consistency Principle**: Once an accounting method is adopted, it should be used consistently throughout unless a change is warranted.
3. **Going Concern Principle**: Assumes that a business will continue to operate indefinitely unless there is evidence to the contrary.
4. **Matching Principle**: Expenses should be matched with the revenues they help to generate in the same period.
5. **Economic Entity Assumption**: The transactions of a business must be kept separate from those of its owners or other businesses.
6. **Full Disclosure Principle**: All relevant financial information must be disclosed in the financial statements.
7. **Materiality Principle**: All significant information that could influence decisions should be disclosed, while insignificant details can be omitted.
8. **Historical Cost Principle**: Assets should be recorded at their original

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Generally Accepted Accounting Principles (GAAP) are the accounting standards used in the United States, while International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) are used in many other countries. The relationship between them is that both aim to provide a framework for financial reporting, but they differ in specific rules and guidelines. Efforts are ongoing to converge GAAP and IFRS to create a more unified global accounting standard.

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The Historical Cost Principle states that assets should be recorded and reported at their original purchase price, rather than their current market value. This principle is relevant in financial reporting as it provides consistency and reliability in financial statements, allowing users to compare financial information over time without the influence of market fluctuations.

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The Cost Principle states that assets should be recorded and valued at their original purchase cost, not their current market value. This means that the value of an asset on the balance sheet reflects the amount paid for it, which influences how assets are reported and affects financial statements.

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The Revenue Recognition Principle impacts profit calculations by ensuring that revenue is recognized when it is earned, regardless of when cash is received. This means profits reflect the actual performance of a business during a specific period, aligning income with the expenses incurred to generate that income.