AmbitionBox
Interview Questions
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Filter interviews by
Ghatge Patil Industries Cost Accountant Interview Questions and Answers
Ghatge Patil Industries Cost Accountant Interview Experiences
1 interview found
Anonymous
I applied via Referral and was interviewed before Oct 2020. There were 3 interview rounds.
Interview Questionnaire
4 Questions
- Q1. Job profile in previous organization.
- Ans.
In my previous role as a Cost Accountant, I managed budgeting, cost analysis, and financial reporting to optimize company resources.
Conducted monthly cost analysis to identify variances and recommend corrective actions.
Prepared detailed budgets and forecasts, collaborating with department heads to align financial goals.
Implemented cost-saving initiatives that reduced operational expenses by 15% over two years.
Analyzed ...
- Q2. What is break-even point
- Ans.
Break-even point is the level of sales at which total costs equal total revenue.
It is the point where a company neither makes a profit nor incurs a loss
It is calculated by dividing fixed costs by contribution margin per unit
It helps in determining the minimum sales required to cover costs
It is affected by changes in variable costs, fixed costs, and selling price
- Q3. What are objective of management accounting
- Ans.
The objective of management accounting is to provide relevant and timely information to management for decision-making.
Assist in planning and controlling business operations
Provide information for decision-making
Facilitate performance evaluation and improvement
Assist in cost management and reduction
Help in budgeting and forecasting
Provide insights into financial and non-financial performance
Support strategic planning a...
- Q4. Explain Marginal costing
- Ans.
Marginal costing is a technique of cost accounting which deals with the ascertainment of marginal cost and its use in decision making.
Marginal cost is the cost of producing one additional unit of a product.
Fixed costs are not considered in marginal costing.
It helps in determining the profitability of a product.
It is useful in making short-term decisions like pricing, make or buy, etc.
It is also known as variable costin...
Interview Preparation Tips
Top trending discussions
Interview questions from similar companies
I applied via No and was interviewed before Jul 2021. There were 3 interview rounds.
(1 Question)
- Q1. Cite an example where you have shown excellence.
- Ans. Mention the area where you feel you excel at. Give details of work carried out.
(1 Question)
- Q1. Define how you will solve a design challenge
- Ans.
To solve a design challenge, I would follow a systematic approach and involve stakeholders for input and feedback.
Understand the problem and gather requirements
Research and analyze existing solutions
Brainstorm and generate multiple design ideas
Create prototypes and gather feedback
Iterate and refine the design based on feedback
Collaborate with stakeholders for final approval
(1 Question)
- Q1. Expected salary for this role
Interview Preparation Tips
I applied via Company Website and was interviewed before Oct 2021. There were 2 interview rounds.
(3 Questions)
- Q1. What about yourself and past experience
- Q2. What is your strengthen
- Q3. What is your past experience.
Interview Preparation Tips
Selected
I appeared for an interview before Mar 2024, where I was asked the following questions.
- Q1. Can you introduce yourself?
- Ans.
Detail-oriented accountant with 5 years of experience in financial reporting and analysis, dedicated to accuracy and compliance.
Bachelor's degree in Accounting from XYZ University.
5 years of experience in financial reporting and tax preparation.
Proficient in accounting software like QuickBooks and SAP.
Successfully managed a budget of $1 million for a mid-sized company.
Strong analytical skills demonstrated through finan...
- Q2. How do you envision your future with the company, and how long do you see yourself staying?
- Ans.
I see myself growing with the company, contributing to its success, and developing my skills over the long term.
I envision taking on more responsibilities, such as leading projects or mentoring junior accountants.
I aim to enhance my skills through continuous learning, possibly pursuing certifications like CPA or CMA.
I see myself contributing to the company's financial strategies, helping to optimize budgets and forecas...
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Oct 2021. There were 3 interview rounds.
(2 Questions)
- Q1. Tell me something about your self??
- Ans.
Experienced Sr. Engineer with a strong background in software development, project management, and team leadership.
Over 10 years of experience in software engineering, specializing in full-stack development.
Led a team of 5 engineers in a successful project that improved system performance by 30%.
Proficient in multiple programming languages including Python, Java, and JavaScript.
Implemented Agile methodologies, resultin...
- Q2. What is your daily work management???
- Ans.
I prioritize tasks, use tools for organization, and maintain clear communication to manage my daily work effectively.
Prioritization: I use the Eisenhower Matrix to distinguish between urgent and important tasks, ensuring I focus on what truly matters.
Task Management Tools: I utilize tools like Trello and Asana to track progress and deadlines, which helps in visualizing my workload.
Time Blocking: I allocate specific tim...
(1 Question)
- Q1. Why are you want to change company??
- Ans.
I seek new challenges and opportunities for growth that align with my career goals and values.
Desire for professional growth: I'm looking for a role that offers more responsibilities and opportunities to lead projects.
Alignment with company values: I want to work for a company whose mission and values resonate with my own, such as sustainability or innovation.
Seeking new challenges: I feel that I've reached a plateau i...
Interview Preparation Tips
I applied via Naukri.com and was interviewed before May 2020. There were 6 interview rounds.
Interview Questionnaire
5 Questions
- Q1. All technical questions regarding your engineering field
- Q2. Detailed past experiences
- Q3. Calculate departmental objectives and how to obtain targets
- Ans.
To calculate departmental objectives and targets, a thorough analysis of past performance and future projections is necessary.
Review past performance data to identify areas of improvement
Set specific, measurable, achievable, relevant, and time-bound (SMART) objectives
Identify key performance indicators (KPIs) to track progress towards objectives
Develop action plans to achieve objectives and targets
Regularly monitor and...
- Q4. What is team building
- Ans.
Team building is the process of creating a cohesive group that works effectively towards common goals through collaboration and trust.
Encourages collaboration: Team-building activities foster communication and cooperation among team members.
Enhances trust: Trust-building exercises, like sharing personal stories, help team members feel more connected.
Improves morale: Fun activities, such as team outings or games, boost ...
- Q5. Our idea of positive thinking
- Ans.
Positive thinking is the mindset of focusing on the good and optimistic aspects of a situation.
Positive thinking involves having a positive attitude and outlook on life.
It is about finding the silver lining in difficult situations.
Positive thinking helps in maintaining motivation and resilience.
It involves reframing negative thoughts into positive ones.
Positive thinking can lead to improved mental and physical well-bei...
Interview Preparation Tips
Interview Questionnaire
8 Questions
- Q1. There is no free meal in this world
- Q2. Is everything has a price tag???
- Ans.
No, not everything has a price tag.
Some things are priceless, such as love, happiness, and memories.
There are also things that cannot be bought with money, such as time and health.
However, in a business context, most things do have a price tag.
It ultimately depends on the perspective and context of the question.
For example, a company may offer free services or products as part of a marketing strategy.
- Q3. What's my remuneration for these questions
- Q4. Nash industries have paid services
- Q5. Plz pay thru Google pay
- Q6. That's all for now
- Q7. Take care bye
- Q8. How fast will I get my remuneration
(2 Questions)
- Q1. How you are controlling the inventory without variances?
- Ans.
By implementing strict inventory management procedures, conducting regular audits, utilizing technology for tracking, and training staff on proper inventory handling.
Implementing strict inventory management procedures to ensure accuracy
Conducting regular audits to identify and rectify any discrepancies
Utilizing technology such as inventory management software for real-time tracking
Training staff on proper inventory han...
- Q2. What changes you will bring in Stores process?
- Ans.
I will implement a more efficient inventory management system, streamline the ordering process, and improve staff training.
Implementing a barcode scanning system to track inventory levels accurately
Creating standardized procedures for ordering and restocking
Providing regular training sessions for staff on proper inventory management techniques
Interview Preparation Tips
Anjali Dubey
Selected
I applied via Campus Placement and was interviewed in Aug 2023. There were 3 interview rounds.
They asked basic programs, cloud computing, computer networking
(2 Questions)
- Q1. Why do you want to join company? , how do you manage your expense of home in this salary amount?
- Q2. Introduce yourself, strength, weakness, hobbies
Interview Preparation Tips
(1 Question)
- Q1. Basics of SOM and engineering
(1 Question)
- Q1. Stress Strain curve
Ghatge Patil Industries Interview FAQs
Tell us how to improve this page.
Interview Questions for Popular Designations
- Accountant Interview Questions
- Executive Accountant Interview Questions
- Senior Accountant Interview Questions
- Financial Accountant Interview Questions
- Junior Accountant Interview Questions
- Fund Accountant Interview Questions
- Chartered Accountant Interview Questions
- Accountant Cashier Interview Questions
- Show more
Interview Questions from Similar Companies
|
Senior Engineer
43
salaries
|  ₹2.6 L/yr - ₹5.4 L/yr |
|
Engineer
37
salaries
| ₹1.7 L/yr - ₹4.8 L/yr |
|
Design Engineer
29
salaries
| ₹1.8 L/yr - ₹4 L/yr |
|
Maintenance Engineer
22
salaries
| ₹2.4 L/yr - ₹4.5 L/yr |
|
Production Engineer
17
salaries
| ₹2 L/yr - ₹3.6 L/yr |
Sulzer
Kirloskar Pneumatic
Texmo Industries
Nash Industries
- Home >
- Interviews >
- Ghatge Patil Industries Interview Questions >
- Ghatge Patil Industries Cost Accountant Interview Questions
