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Accounting Manager Test Assessment

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"Interview Mocha has provided UNEECOPS with a veritable assessment platform with a comprehensive test library, online test platform, and intelligent reports. This made it easier for us to map different job openings with job-fit candidates and recruit faster."

Nisha Chandila, UNEECOPS,
Talent Acquisition Manager
Question

Discount received on purchases or the discount allowed on sales is termed as _____________________

Answer
    • Trade Discount

    • Cash Discount

    • Debit Note

    • Credit Note

Question

In double entry system of accounting, every business transactions affects two accounts?

Answer
    • True

    • False

Question

What is the maximum numbers of members required in case of partnership firm?

Answer
    • 5

    • 7

    • 50

    • 20

Test details:

70 Questions 95 minutes
 

  • Verbal Ability -             08 Questions 08 minutes

  • Verbal Reasoning -       08 Questions 11 minutes

  • Quantitave Aptitude -    15 Questions 15 minutes

  • Logical Reasoning -      08 Questions 08 minutes

  • Abstract Reasoning -     08 Questions 14 minutes

  • Financial Analysis-        16 Questions 16 minutes

  • Excel Modeling-             05 Questions  05 minuteS

Test description:

The Accounting Manager is responsible for all areas relating to financial reporting. This position will be responsible for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. The Accounting Manager supervises  staff accountants and is responsible for managing the team to ensure that  the work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, yearend audit preparation and the support of budget and forecast activities. The Accounting Manager will have contact with senior-level Attorneys and the firm’s Executive Director and Controller which requires strong interpersonal communication skills both written and verbal.

TYPICAL RESPONSIBILITIES

  •  Account analysis and reconciliation. Responsible for monitoring and analyzing the applicable general ledger activity, ensuring account reconciliations are performed timely and reconciling items are accounted for on timely basis.

  • Financial Reporting. . Ensure accuracy, timeliness and integrity of the financial statements and management reports. 

  • Direct and mentor accounting staff. Managing day-to-day accounting operations while improving the accounting procedures and departmental internal controls.  Provide training and guidance to effectively manage their responsibilities in a timely and efficient manner.

 
KEY SKILLS REQUIRED:
  • Strong verbal and written communication skills – Verbal Reasoning and Verbal Ability

  • Strong problem solving and analytical skills- Quantitative Aptitude, Abstract Reasoning

  • Advanced proficiency in Excel required- Excel Basics

  • Fully accounting understanding – Accounting Fundamentals, Financial Analysis

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