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What are the various streams of accounting? Explain Financial Accounting. What are its characteristic features?

Compare Financial Accounting and Management Accounting Compare Cost Accounting and Management Accounting..................... Basic financial management What is the scope of finance function? What are the goals of finance function? What is the relation of finance function to other functions of a business enterprise?.................. Basics financial accounting Explain the following: a)Business Entity Concept b)Dual Aspect Concept c)Going Concern Concept d)Accounting Period Concept e)Cost Concept f)Money Measurement Concept g)Marketing Concept................ Expenditures What are capital expenditures? Is it Ok to consider these expenditures while calculating the profitability of during a certain period? Explain your answer. Explain deferred expenditures. How are these expenses dealt with in profitability statement?......................... Types of Accounts Explain Real Accounts. List different accounts consisting real accounts in practical circumstances............ Double entry system of accounting What is the principal of Double Entry system of accounting? What are the advantages of Double Entry system of accounting?................... Depreciation What is depreciation? What are the causes of depreciation? Is it a cost? Why? What is the need of depreciation account? What is the effect of depreciation of assets on profits received by owners?.................. Balance sheet How would you deal with following while preparing final accounts? a.) Closing Stock b.) Depreciation c.) Outstanding Expenses d.) Prepaid Expenses e.) Accrued Income f.) Income receieved in advance g.) Bad debts h.) Provision for doubtful debts i.) Provision for discount on Debtors j.) Interest on Capital k.) Drawings l.) Deferred revenue expenditure written off m.) Abnormal Loss n.) Goods distributed as free samples o.) Goods sent on approval basis p.) Commission payable to the manager Bank reconciliation statement Explain Bank Reconciliation Statement. Why is it prepared? What are the reasons which cause pass book of the bank and your bank book not tally?..................... Capital market What does capital market mean? How does the company raise funds in capital market? What "rights issue" do the shareholders of a company have under Companies Act, 1956? What are the eligibility criteria for an unlisted company to make public issue?......................

Basically, Some of this are to be ask.

Tell me about yourself. What would you say is your biggest accomplishment so far? How would you deal with a personality clash with your boss? Do you prefer to work by yourself or with a group of people? What do you think about (...some contemporary development in finance or accounting)? Tell me of an instance where you faced a real-life ethical dilemma. How do you see your career developing over the next five years? What attracts you to the accounting profession? What do you think is the biggest challenge facing the accounting profession at this time? How will you handle it? How much money are you looking for? Why do you want to work for this company? Why do you want to leave your present job? Your boss has given you an urgent proj. to complete. Unfortunately, you and your team are already fully engaged in an existing project that takes up all your time. How will you handle this?

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