Manager Finance interview questions

What are the strategies to be followed for preparing Accounts receivable?

Given production is 1,00,000 units, fixed costs is Rs 2,00,000 Selling price is Rs 10 per unit and variable cost is Rs 6 per unit. Determine profit using technique of marginal costing.

In cooperative society bank which item represent the asset side of balance sheet?

What do you mean by Debtors Reconciliation?

Calculate sales in rupees for desired profit if fixed cost is Rs 10,000, selling price is Rs 20 per unit, Variable cost is Rs 15 per unit and desired profit is Rs 1 per unit.

Explain briefly the technique of marginal costing. In what ways do you consider this technique useful in management accounting?

In EOQ, Carrying cost is more, less or equal to Ordering cost, Explain?

Why rule of nominal account is exactly opposite with the rule of personal and real account?

What is known as direct debit in bank reconcilation?

When does a debtor become a creditor?

What are the indications of existence of undercapitalization in a company?

Define lease financing?

What is combined leverage? How is it calculated?

Differentiate Convertible & Non-convertible shares

Compare Convertible & Non-convertible Debentures.

What is cost of equity shares? What are the various ways to measure the cost of equity shares?

Explain a Public Limited Company?

Explain Current Ratio. What does it indicate?

Define profitability group ratios.

What are the various sources through which a company can meets its fund requirements?

Bond, debentures and term loans fall under which category in accounting?

Equaltion for Gross profit ratio is?

True or False: Standard Costing is more widely applied in job order industries and not suitable for engineering industries.

Marginal costing is also known as?

Profit-Volume ratio is also known as what?

A standard cost card reveals that one unit of Product A needs 2 kg of material X at Rs 10 per kg. During February 800 units of Product A were produced. Actual price paid for material X is Rs 9 per kg and total cost Rs 15,300. Determine material cost variance.

Compute P/V ratio if variable cost ratio is 60%?

Determine total as well as per unit contribution if Sales is Rs 40,000, Sales in units is 4,000 and variable cost is Rs 30,000.

How risk of two securities with different expected return can be compared?

Given selling price is RS 20 per unit, variable cost is Rs 16 per unit contribution is?