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Cbe Interview Quiz

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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 ?

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