InterviewSolution
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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Explain Opportunity Cost and Differential Cost. |
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| 2. |
What is the difference between costing and cost accounting? |
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| 3. |
What are adjustment entries? Why are they passed? |
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| 4. |
What is composite cost of capital? Explain the process to compute it? |
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| 5. |
What is capital structure? What are the principles of capital structure management? |
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| 6. |
Explain Balanced Capitalization. |
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| 7. |
What are limited liability companies? What are its two types? |
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| 8. |
What are the main duties and responsibilities of a finance executive? |
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| 9. |
What are the advantages and disadvantages of proprietary firms? |
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| 10. |
Explain share capital & reserves and surpluses. |
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| 11. |
What are the different types of expenditures considered for the purpose of accounting? |
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| 12. |
What are the two most basics financial statements prepared by the companies? |
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| 13. |
What do you understand by dissolution of firm? |
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| 14. |
What are allowable and dis-allowable expenditure? |
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| 15. |
How will you calculate House Rent Allowance (HRA)? |
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| 16. |
What are the types of Provident funds? |
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| 17. |
What do you understand by transfer income? |
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| 18. |
What is excise duty? |
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| 19. |
What is form c & d in sales tax? |
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| 20. |
What is Entertainment Tax? |
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| 21. |
What are the deductions under Salary Head? Name the items. |
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| 22. |
What do you mean by Commercial Tax? |
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| 23. |
What is luxury tax? |
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| 24. |
What is Excise & Service Tax? What is the difference? |
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| 25. |
Explain the procedure to calculate Provident Fund, ESI, VAT and Sales Tax. |
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| 26. |
What do you mean by fair rent? |
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| 27. |
What is the difference between the excise duty and the sales tax? |
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| 28. |
Can a person fill a NRI in an Income tax form if he has been out of India for six months though he is Indian citizen? |
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| 29. |
If a NRI buys property in India, does he has to pay property tax? |
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| 30. |
What is the difference between Fund flow vs. Cash Flow? |
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| 31. |
When Deferred Tax Asset & Deferred tax liability arises? |
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| 32. |
What items fall under the category of ‘securities’? |
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| 33. |
What is the difference between profit and gain? |
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| 34. |
What is Permanent Account Number (PAN)? |
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| 35. |
What is the Securities Transaction Tax? |
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| 36. |
What is Inter Company Reconciliation? |
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| 37. |
Define Amortization & Impairment? |
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| 38. |
Define deferred tax Liability? What items come under deferred tax liability? |
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| 39. |
Explain deferred tax asset? |
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| 40. |
What are the Streamlined Sales and Use Tax Agreement? |
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| 41. |
How can a taxpayer get a refund for an overpayment of taxes? |
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| 42. |
What is alternative minimum tax (AMT)? |
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| 43. |
What is Taxation? |
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| 44. |
What is working capital? |
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| 45. |
What is deferred tax? |
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| 46. |
What is capital gain? Explain long term capital gains and how is it different from short term capital gains? |
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| 47. |
What is Tax refund? |
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| 48. |
What is tax audit? |
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| 49. |
What is FBT? |
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| 50. |
Which income is considered as accrued income? |
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