cost accountant Interview Questions


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Cost Accountant was asked...5 June 2012

How do you cost a product?

9 Answers

It all depend in materials used, labors, packaging and delivery cost.

it all depend in materials used labors,packaging,and delivery ,That call product cost. Less

Depends on the product, transportation, loading and unloading cost and packaging cost if needed. Less

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How many types of accounting

2 Answers

Cost Accounting Financial accounting Management accounting

1. Financial accounting, 2. Cost accounting 3. Managerial accounting,

Spudnik Equipment

How would you summarize a large amount of data in an Excel spreadsheet

1 Answers

Pivot Table

Aster DM Healthcare

The interview went smooth, , the Finance Head asked me technical questions, the Director asked me about my personality traits, etc.

1 Answers

I was selected for the position, and got a call from the hr executive that I have been selected and would receive the offer letter immediately. She asked me about my nationality, and to forward my passport copy. After they found out that I am not Indian, they did not take the process any further, lying that they will send the offer letter soon. This for a long established, growing company looking for an IPO on three stock exchanges, completely unexpected and waste of time, they could have just asked me this question at the initial stage. Less

Why I wanted a change

1 Answers

I am looking to relocate

If the client ask for amendment of the contract to perform cost saving to do some changes in the specs. How would you deal with that?

1 Answers

I don't prefer any cost saving unless it is really needful by the client and no way to avoid it due to valuable reasons. As cost control/accountant for a contractor we aim for a big bulk of work and diversity and bring more values to the company instead of omitting by doing cost saving for the client. I do seek to have more variations from the client and his engineer / consultant. Less

Tiffany & Co.

experience and availability

1 Answers

gave them what they asked for

PTI Technologies

Why are you interested in the company?

1 Answers

Aerospace is of great importance to our country's infrastructure and I would like to be an active team member to the organization. Less

Par Pharmaceutical Companies

Are you willing to work longer hours during month end close

1 Answers



What is retail costing method?

1 Answers

It is a method of costing to evaluate the ending balance of inventory based on cost-to-retail price ration. Cost divided by retail price equals to Cost-to-retail percentage, Cost of opening balance of Inventory plus Cost of purchasing inventory during period which gives the cost of goods available for sale, Cost of Sales will be calculated by Sales times to Cost-to-retail percentage then Calculate ending inventory by deducting Cost of goods available for sale minus Cost of sales during the period. Less

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