Interview questions

Cost Accounting interview questions

74 questions. Tap “Show answer” to check yourself.

  1. How to do costing and which are the costs involved.

  2. What is cost of goods sold and how it it could be accounted with the norms of Indian accounting standard?

  3. What items usually comes in trading and P&L a/c? What is direct expenses with examples?

  4. What is the difference between ledger and general ledger

  5. What experience do you have with general ledger?

  6. How to make a table for to calculate the prime cost,factroy cost,total cost of production and cost of sales

  7. Which of the following is not included in the government accounting Balance Sheet: 1) Asset, 2) Cost, 3) Liability, 4) Surplus.

  8. How to handle cashbook?

  9. What are the various means of calculating depreciation?

  10. What does the name costing mean and what are the importance of costing?

  11. How strong in finance? justify sensex is the backbone of national income? Assume that you are going to merge one company? what are the steps are u taken?

  12. After run depreciation i have forget calculate depreciation of one asset then how to calculate depreciation of that asset

  14. What is an accrual?

  15. Please include why you would like to work for the Emirates Group

  16. What is the difference between the different depreciation methods

  17. What is procedure for testing after implementasion as functional consultant

  18. How to change asset class in fixed asset module in SAP? I made a wrong entry regarding the asset class.

  19. What is the significance of responsibility in oracle applications?

  20. What is the difference between a cash memo and a bill ?

  21. How call flow happening

  22. What is difference between "terms of payment" and "paymentterms"Fields are available in vendor master purchasing view andaccounting view respectively. System can take two differntvalues for same vendor? why different values are maintained?

  23. What is the difference between Excise duty and Custom duty?and direct cost and Indirect cost with examples?

  24. What is matching concept

  25. Whats difference between manufacturing account & cost account

  27. What is the difference between CASH FLOW & FUND FLOW Management?

  28. In General Business scenario we use cost center for cost collection and for short term or special purpose we use Internal order. If we use Internal Order insteed of cost center accounting so what happend. any data volume or periodic lost data we face.

  29. What is cash discount?

  30. Give narration of cash----a/c---Dr To cash

  31. What is meant by Cost Accounting? How it is different fromFinancial Accounting?

  32. Tell me the information about cost sheets.

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