Top Most Fixed Assets Interview Questions
1. What are fixed asset?
fixed asset are assest which gives the business future benfife
Fixed assets are those which are tangiable in nature and is not meant for sale in the near future and from which future benefits are derived.
Fixed Assets are those which are tangible and used for running the day to day business which are owned. As they are utilised for business, we save a part of the profit earned in the business to replace these Assets when they worn out.
2. What is the meaning of non performing assets?
A non performing asset is one which does not earn any income. For example you have built a house consisting of 3 floors and the whole building is occupied by your family member and does not earn any rent, then this is called as a non performing asset.
A non performing asset is a type of asset which does not earn any income and these asset unable to cover up the investment put into it to hold.
if dues in the form of intrest and principle are not paid by borrower for the period of 90 days then the assets is called as N.P.A
3. What is the difference between the different depreciation methods?
Different Methods Of Dpn .
Straight Line Method
Diminishing Value Method
Annuity Method
Depletion Method
Written Down value Method
4. What experience have you had as a cashier?
Basically , almost all times, i must be in full of concentration,
secondly, before cash paying and cash receiving we must count and give , at in any situation.
Finally, quick listener, and speed and accuracy maintainence is very important.
5. Explain NON PERFORMING ASSET?
An asset or account of borrower,which has been classified by a bank or financial instution as sub-standard,doubtful or loss assets as per the guidelines issued by RBI.
An Asset/Advance is considered as non-performing in casse if interest or isntalment of principal or both remain unpaid for more than two quarters in a financial year.
6. What is the meaning of non performing assets?
A non performing asset is one which does not earn any income. For example you have built a house consisting of 3 floors and the whole building is occupied by your family member and does not earn any rent, then this is called as a non performing asset.
A non performing asset is a type of asset which does not earn any income and these asset unable to cover up the investment put into it to hold.
if dues in the form of intrest and principle are not paid by borrower for the period of 90 days then the assets is called as N.P.A
7. What is the difference between debenture holders and creditors?
Debentureholder are those who provides long term loan at specific interest rate in term of cash and creditor provides only short term credit in term of cash for purchasing of goods.
8. What are the various means of calculating depreciation?
1. Double declining method
2. Units of production method
3. Straight-line method
4. Sum of year digit method