This document contains 21 questions about various accounting and finance concepts. The questions cover topics such as the different types of financial statements and their definitions, the concept and purpose of a cash flow statement, GAAP principles, the differences between withdrawal and expense and between nominal and real accounts, the differences between financial, cost, and management accounting, project evaluation techniques and which is most preferable, the steps of the accounting cycle, depreciation methods, bank reconciliation steps and items recorded on the bank side, the differences between simple and compound interest and between accrual and deferral, the differences between accounting and finance, inventory systems and methods, the differences between capital and revenue expenditure, definitions of partnerships and corporations, and what petty cash is.
This document contains 21 questions about various accounting and finance concepts. The questions cover topics such as the different types of financial statements and their definitions, the concept and purpose of a cash flow statement, GAAP principles, the differences between withdrawal and expense and between nominal and real accounts, the differences between financial, cost, and management accounting, project evaluation techniques and which is most preferable, the steps of the accounting cycle, depreciation methods, bank reconciliation steps and items recorded on the bank side, the differences between simple and compound interest and between accrual and deferral, the differences between accounting and finance, inventory systems and methods, the differences between capital and revenue expenditure, definitions of partnerships and corporations, and what petty cash is.
This document contains 21 questions about various accounting and finance concepts. The questions cover topics such as the different types of financial statements and their definitions, the concept and purpose of a cash flow statement, GAAP principles, the differences between withdrawal and expense and between nominal and real accounts, the differences between financial, cost, and management accounting, project evaluation techniques and which is most preferable, the steps of the accounting cycle, depreciation methods, bank reconciliation steps and items recorded on the bank side, the differences between simple and compound interest and between accrual and deferral, the differences between accounting and finance, inventory systems and methods, the differences between capital and revenue expenditure, definitions of partnerships and corporations, and what petty cash is.
This document contains 21 questions about various accounting and finance concepts. The questions cover topics such as the different types of financial statements and their definitions, the concept and purpose of a cash flow statement, GAAP principles, the differences between withdrawal and expense and between nominal and real accounts, the differences between financial, cost, and management accounting, project evaluation techniques and which is most preferable, the steps of the accounting cycle, depreciation methods, bank reconciliation steps and items recorded on the bank side, the differences between simple and compound interest and between accrual and deferral, the differences between accounting and finance, inventory systems and methods, the differences between capital and revenue expenditure, definitions of partnerships and corporations, and what petty cash is.
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CBE INTERVIEW QUIZ
1. What are the types of financial statement ? define them ?
2. What is the concept of cash flow statement ? 3. What are the GAAP principles ? and define three or four of them ? 4. What is the difference between withdrawal and expense ? 5. What is the difference between nominal and real account ? 6. What is the difference among financial accounting , cost accounting and management accounting ? 7. What are the project evaluation technique and define them ? 8. From those project evaluation technique which technique is the most preferable and why ? 9. What are the steps of accounting cycle 10. What is the depreciation 11. What are the methods of depreciation ? 12. Which method is known as accelerated depreciation method ? 13. What is the bank reconciliation and steps of bank reconciliation ? 14. What item are recorded In the bank side 15. What is the difference between simple interest and compound interest 16. What is the difference between accrual and deferral ? 17. What is the difference between accounting and finance? 18. What are inventory system and methods ? 19. What is the difference between capital and revenue expenditure ? 20. Define the term partnership and corporation with their properties ? 21. What is petty cash ?