Account Executive Questions And Answers

21⟩ Tell me what Steps Would You Take To Increase Revenue For This Company?

Every employee plays a part in helping the company to generate revenue. The interviewer may ask this question to learn more about the sales and customer service methods you typically use and also to determine whether you have anything new to offer their organization. Again, reference instances of success from your past, detailing the outcome in specific, measurable terms. Your response may also include some discussion of the role of market research, effective communication and collaboration with the client, the sales team and other departments within the organization.

When interviewing for a position as an account manager, be sure your responses are tailored to the specific services and products provided by the employer. Reference past successes and be prepared to offer detailed plans for meeting goals and increasing revenue. The account manager interview questions and answers should show the interviewer that you are the best candidate for the job.

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22⟩ Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

When I was working in sales, making a mistake usually just resulted in a lost sale. Even though the consequences are lower, I still understand what is at stake in the accounting department. I can’t deny that I have messed up in a way that affected existing clients a few times, but I’ve always been able to work with them to make sure they are satisfied and continue to be loyal customers. I’ve found what you do in response to making a mistake is what really makes the difference.

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23⟩ Explain what Qualities and Skills Make An Account Manager Successful?

This question asks you to show that you understand how to fulfill the duties of the position. Your response should include three parts:

· Discuss three or four traits that contribute to an account manager’s success. You might describe the importance of market research, communication skills or the ability to negotiate.

· Describe how those qualities can be beneficial when working with this specific company’s clients. If you have done your homework then you will know something about the accounts that they service, and can give specifics on how the traits you’ve described can help you to meet their customer’s needs.

· Share experiences that illustrate that you possess these qualities. Outline an experience or achievement where you demonstrated the qualities you’ve listed in specific, quantifiable terms.

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24⟩ Tell us what is the abbreviation for the accounting terms debit and credit?

Debit abbreviation is “dr” and credit abbreviation is “cr”.

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25⟩ Tell us in balance sheet, where do you show TDS?

It is shown on the assets section, right after the head current asset.

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26⟩ Tell us what inspired you to move to the next opportunity?

Is the candidate running to the next role or running from something?

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27⟩ Explain have you ever heard about TDS, what it is?

Yes, TDS abbreviates Tax Deduction at Source.

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28⟩ Tell me what do you believe makes a successful account executive?

Good communication and negotiation skills are of the utmost importance in the role of an account executive. The ability to prospect clients and perform market research is equally important.

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29⟩ Tell us do you have any professional experience of this field?

Yes, I have worked as an accountant at two different places.

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30⟩ Do you know how many types of business transactions are there in accounting?

There are two types of transactions in accounting i.e. revenue and capital.

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31⟩ Explain me what is tally accounting?

It is the software used for accounting in small business and shops for managing routine accounting transactions.

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32⟩ Explain fictitious assets?

These are the assets that cannot be shown or touch. Fictitious assets can only be felt such as good will, rights etc.

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33⟩ Do you know executive accounting?

It is a type of accounting that is specifically designed for the business that offers services to users.

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34⟩ Tell us why did you select accounting as your profession?

Well, I was quite good in accounting throughout but in my masters, when I got distinction I decided to adopt this field as a profession.

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35⟩ Tell me do you have any idea about Service Tax or Excise?

It is a kind of hidden tax that is included in the service provided by the service provider and paid by the service receiver.

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36⟩ Tell us what is your proudest accomplishment?

This is an alignment question and tests whether the candidate’s proudest accomplishment is tied to the first question around role, responsibilities, and success.

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37⟩ Tell me what are the key tasks for account executive?

There are two main tasks for an account executive

☛ Keep best possible relations with existing accounts and develop them further.

☛ Find new accounts and develop them.

However, the tasks can vary from company to company, that’s why you should use job description as an inspiration for your answer.

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38⟩ Tell me an example of a tough decision that you had to make?

The company I was working for had many clients who provided recurring business. However, one such client was becoming quite difficult to handle since he had very unreasonable demands which were against company policies. Since I was handling his account (and generating a good commission from it), I was asked to make a decision – whether to retain the client or let him go. I knew the right thing to do was to let him go since retaining him would pull the company down eventually. I decided to let him go despite having to lose a sizeable amount of income.

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39⟩ Do you know what is project implementation?

Project implementation involves six steps in total such as:

☛ Identify Need

☛ Generate and Screen Ideas

☛ Conduct Feasible Study

☛ Develop the Project

☛ Implement the Project

☛ Control the Project

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40⟩ Tell us what do you believe should be an important quality of an account executive?

Working independently and making timely decisions is very important when working in this role. While some part of an account executive’s work is dependent on others, it is important to carry out most duties on your own. Self motivation and outstanding client services skills are equally important.

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53 Account Executive Questions And Answers

21⟩ Tell me what Steps Would You Take To Increase Revenue For This Company?

22⟩ Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

23⟩ Explain what Qualities and Skills Make An Account Manager Successful?

24⟩ Tell us what is the abbreviation for the accounting terms debit and credit?

25⟩ Tell us in balance sheet, where do you show TDS?

26⟩ Tell us what inspired you to move to the next opportunity?

27⟩ Explain have you ever heard about TDS, what it is?

28⟩ Tell me what do you believe makes a successful account executive?

29⟩ Tell us do you have any professional experience of this field?

30⟩ Do you know how many types of business transactions are there in accounting?

31⟩ Explain me what is tally accounting?

32⟩ Explain fictitious assets?

33⟩ Do you know executive accounting?

34⟩ Tell us why did you select accounting as your profession?

35⟩ Tell me do you have any idea about Service Tax or Excise?

36⟩ Tell us what is your proudest accomplishment?

37⟩ Tell me what are the key tasks for account executive?

38⟩ Tell me an example of a tough decision that you had to make?

39⟩ Do you know what is project implementation?

40⟩ Tell us what do you believe should be an important quality of an account executive?

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Account Executive

Home Accounting Account Executive

53 Account Executive Questions And Answers

21⟩ Tell me what Steps Would You Take To Increase Revenue For This Company?

22⟩ Explain me your track record in previous jobs, specifically speaking to any mistakes you may have made. There is little room for error in accounting?

23⟩ Explain what Qualities and Skills Make An Account Manager Successful?

24⟩ Tell us what is the abbreviation for the accounting terms debit and credit?

25⟩ Tell us in balance sheet, where do you show TDS?

26⟩ Tell us what inspired you to move to the next opportunity?

27⟩ Explain have you ever heard about TDS, what it is?

28⟩ Tell me what do you believe makes a successful account executive?

29⟩ Tell us do you have any professional experience of this field?

30⟩ Do you know how many types of business transactions are there in accounting?

31⟩ Explain me what is tally accounting?

32⟩ Explain fictitious assets?

33⟩ Do you know executive accounting?

34⟩ Tell us why did you select accounting as your profession?

35⟩ Tell me do you have any idea about Service Tax or Excise?

36⟩ Tell us what is your proudest accomplishment?

37⟩ Tell me what are the key tasks for account executive?

38⟩ Tell me an example of a tough decision that you had to make?

39⟩ Do you know what is project implementation?

40⟩ Tell us what do you believe should be an important quality of an account executive?

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