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Accounts refer to financial records, golden rules are principles for accounting transactions, and amortization is the process of spreading out the cost of an intangible asset over its useful life.
Accounts are financial records that track the financial activities of a business or individual.
Golden rules are principles that guide accounting transactions, such as the accounting equation (Assets = Liabilities + Equity...
Onboarding is the process of integrating a new employee into the organization. Main documents required during offer letter creation include ID proof, educational certificates, and background check forms.
Onboarding is the process of welcoming and integrating a new employee into the organization.
Main documents required during offer letter creation include ID proof, educational certificates, and background check form...
The golden rules of accounting are basic principles that guide the recording of financial transactions.
The golden rules of accounting are: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.
Prepaid refers to an expense that has been paid in advance but has not yet been used or consumed.
Depreciation is the systematic allocation of the ...
Dispute management involves resolving conflicts or disagreements between parties in a fair and efficient manner.
Dispute management involves identifying and addressing issues that arise between parties.
It requires effective communication and negotiation skills to reach a resolution.
Experience in handling customer complaints or resolving conflicts in a team setting can be relevant.
Knowledge of relevant laws and regu...
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GST is a tax system implemented in many countries to replace multiple indirect taxes.
GST stands for Goods and Services Tax.
It is a tax system implemented in many countries to replace multiple indirect taxes.
GST aims to simplify the tax structure, promote transparency, and reduce tax evasion.
It is a value-added tax levied on the supply of goods and services.
GST is categorized into different rates such as 0%, 5%, 12...
Eurobonds are international bonds issued in a currency other than the currency of the country or market in which it is issued.
Eurobonds are issued by multinational corporations, governments, and international organizations.
They are traded in the international capital market.
Eurobonds are not subject to the regulations of any single country.
They offer investors the opportunity to diversify their portfolio and hedge...
Answering questions related to previous job profile, shares and bonds, reference data, ex date, record date, and resume.
Shares and bonds refer to financial instruments used for investment purposes.
Reference data is information used to identify and classify financial instruments.
Ex date is the date on which a security is traded without its dividend.
Record date is the date on which a company determines its sharehold...
Depreciation is the accounting method for allocating the cost of tangible assets over their useful lives.
Straight-Line Depreciation: Equal expense each year. Example: A machine costing $10,000 with a 5-year life depreciates $2,000 annually.
Declining Balance Depreciation: Accelerated depreciation method. Example: 200% declining balance on a $10,000 asset results in higher early-year expenses.
Units of Production Dep...
Accruals are accounting adjustments for revenues and expenses that have been incurred but not yet recorded.
Accrued Revenues: Income earned but not yet received, e.g., services provided but not billed.
Accrued Expenses: Costs incurred but not yet paid, e.g., salaries for work done but not yet disbursed.
Deferred Revenues: Payments received before services are rendered, e.g., subscription fees collected in advance.
Def...
R2R process involves recording financial transactions and preparing reports for decision-making in financial management.
R2R process includes recording financial transactions, reconciling accounts, and preparing financial statements.
It helps in providing accurate and timely financial information for decision-making.
Significance of R2R process includes ensuring compliance with regulations, identifying financial tren...
Typing speed tests measure how quickly and accurately a person can type, often assessed in words per minute (WPM).
Typing speed is typically measured in words per minute (WPM). For example, a speed of 60 WPM means 60 words typed in a minute.
Accuracy is crucial; a high WPM with low accuracy can lead to errors. For instance, typing 80 WPM with 90% accuracy is better than 100 WPM with 50% accuracy.
Practice can improve typi...
I am a dedicated and detail-oriented individual with experience in data entry and process management.
Experienced in data entry and process management
Detail-oriented and dedicated
Strong organizational skills
Proficient in Microsoft Office suite
I appeared for an interview in Feb 2025.
The golden rules of accounting guide the recording of financial transactions, ensuring accuracy and consistency.
1. Debit what comes in, credit what goes out. Example: When a company purchases inventory, it debits inventory and credits cash.
2. Debit the receiver, credit the giver. Example: If a company receives cash from a customer, it debits cash and credits accounts receivable.
3. Debit all expenses and losses, credit ...
Journal entries are the foundational records in accounting that capture all financial transactions.
A journal entry consists of a date, accounts affected, amounts, and a description.
Example: Debit Cash $1,000 and Credit Sales Revenue $1,000 for a sale.
Each entry must maintain the accounting equation: Assets = Liabilities + Equity.
Journal entries can be simple (one debit and one credit) or compound (multiple debits and c...
I appeared for an interview in Jul 2025, where I was asked the following questions.
I appeared for an interview in Apr 2025, where I was asked the following questions.
I appeared for an interview in Mar 2025, where I was asked the following questions.
Accruals are accounting adjustments for revenues and expenses that have been incurred but not yet recorded.
Accrued Revenues: Income earned but not yet received, e.g., services provided but not billed.
Accrued Expenses: Costs incurred but not yet paid, e.g., salaries for work done but not yet disbursed.
Deferred Revenues: Payments received before services are rendered, e.g., subscription fees collected in advance.
Deferred...
Depreciation is the accounting method for allocating the cost of tangible assets over their useful lives.
Straight-Line Depreciation: Equal expense each year. Example: A machine costing $10,000 with a 5-year life depreciates $2,000 annually.
Declining Balance Depreciation: Accelerated depreciation method. Example: 200% declining balance on a $10,000 asset results in higher early-year expenses.
Units of Production Deprecia...
Basic Accounts related question
Offline Education vs online Education system
I appeared for an interview in Dec 2024.
BONDS stands for Building Opportunities for Networking and Discovering Success. It is a program designed to help individuals develop professional skills and expand their network.
BONDS is a professional development program aimed at helping individuals enhance their skills and expand their network.
Participants in BONDS may attend workshops, networking events, and mentorship programs.
The goal of BONDS is to provide indivi...
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Some of the top questions asked at the Capgemini Process Associate interview -
The duration of Capgemini Process Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
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