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“Accountant based job preparation guide for freshers and experienced candidates. Number of Accountant frequently asked questions(FAQs) asked in many interviews”

65 Accountant Questions And Answers

6⟩ Explain fair value accounting?

As per fair value accounting, a company has to show the value of all of its assets in terms of price on balance sheet on which that asset can be sold.


7⟩ What is trade bills?

We know that all types of transactions need to be documented. The trade bills are the documents, generated against each transaction.


17⟩ What is depreciation and its types?

By depreciation we mean that a value of an asset is decreasing as it is in use. It has two types such as "Straight Line Method" and "Written Down Value Method".