Samsung Accountant Interview Questions and Answers

Q1. 1. What is working capital? 2. What is bank reconcilation? 3. Golden rules of accounting?
Ans. 
Working capital is the difference between current assets and current liabilities. Bank reconciliation is the process of matching the balances in a company's accounting records to the corresponding information on a bank statement. Golden rules of accounting are basic principles that guide the process of recording financial transactions.
• Working capital is calculated as current assets minus current liabilities.

• Bank reconc...read more
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Q1. What is accrual accounting ?
Ans. 
Accrual accounting is a method of accounting where revenues and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.
• Revenue is recognized when it is earned, not necessarily when cash is received

• Expenses are recorded when they are incurred, not necessarily when they are paid

• Accrual accounting provides a more accurate picture of a company's financial position and performance over ...read more
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Q2. What you treat prepayment ?
Ans. 
Prepayment is an advance payment made for goods or services before they are received or delivered.
• Prepayment is recorded as an asset on the balance sheet until the goods or services are received or delivered.

• Once the goods or services are received or delivered, the prepayment is then recognized as an expense on the income statement.

• Examples of prepayments include rent paid in advance, insurance premiums, and subscripti...read more
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Q1. What is the Job Role In Your Company
Ans. Accountant In Tally with computer operator
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Q2. Why is the resign Your Previous Job
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Q1. What are your strengths and weaknesses?
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Q2. Tell me about yourself.
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Q3. What is your family background?
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Simple aptitude questions which can be cleared upon basic preparation of quants and LR

General topics and current affairs

Q1. So tell me what are you looking for out of this job?
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Q1. Tell me yourself
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Q1. Discussion about salary
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Q1. Tell me about yourself.
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Q2. What are the roles and responsibilities associated with this position?
Ans. 
The roles and responsibilities of an Assistant Manager include overseeing daily operations, managing staff, ensuring customer satisfaction, and assisting the Manager in decision-making.
• Overseeing daily operations to ensure smooth functioning of the business

• Managing and supervising staff members to ensure productivity and efficiency

• Ensuring customer satisfaction by addressing complaints and resolving issues

• Assisting the...read more
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Q1. How will you handle new projects?
Ans. 
I will handle new projects by creating a detailed plan, delegating tasks effectively, monitoring progress, and adjusting as needed.
• Create a detailed project plan outlining goals, timelines, and resources

• Delegate tasks to team members based on their strengths and expertise

• Monitor progress regularly to ensure deadlines are met

• Adjust the plan as needed based on feedback and unforeseen challenges
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Q1. Technical questions related to your job
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