Accounting Interview Questions

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“You sell a product for $1,000 in october. You recieve $500 in october and $500 in november. How do you recognize the sale?”

“You buy machinary for $10,000. It has a useful life of 5yrs and $5,000 salvage value. What is your depreciation expense”

“What is 1/64 as a decimal?”

“How many invoices did you process in your last accounts payable position?”

“Would you be willing to put more for less”

“Questions unrelated and not required knowledge for the position.”

“What is your experience with ACL software?”

“What characteristics in a company do you look for for a good LBO candidate?”

“How did you prepare for the interview?”

“I had trouble typing fast enough with the owner sitting next to me with a chronometer in hand but it was all fun.”

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