Supervisory Interview Preparation Guide
Enhance your Supervisory interview preparation with our set of 21 carefully chosen questions. These questions are specifically selected to challenge and enhance your knowledge in Supervisory. Perfect for all proficiency levels, they are key to your interview success. Dont miss out on our free PDF download, containing all 21 questions to help you succeed in your Supervisory interview. Its an invaluable tool for reinforcing your knowledge and building confidence.21 Supervisory Questions and Answers:
1 :: Suppose you been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
Please share your answers.
2 :: How to handle HR role in office?
An office manager who handles HR would be considered multitalented. But does that necessarily mean it's the best way to use that person's time? You could be opening yourself up to problems, too, if the person isn't properly trained. Here are some criteria that will help you decide.
3 :: Tell me how might quality problems manifest themselves in an accounting department?
Accounting errors could happened from a wrong posting, wrong figure, or even something missing not posted, accuracy and follow up on the routine work is required to avoid those problems affect accounting work and other bills related to the customers or vendors.
4 :: Explain what percentage of discounts lost did you have in Accounts Payable? Did the percentage increase or decrease under your supervision?
please share your answer.
5 :: Do you know what is the biggest challenge for being a Team leader or supervisor?
Being in leader-ship position means getting bit away from the tasks at transaction level but retaining the ability and vigour to deep dive into the details if the situation warrants. This is lot more relevant for people who join organizations directly in leadership positions. While being a role model in all aspects of soft skills (which includes not just communication but other aspects like time management, conflict managment and also people engagement initiatives), being a TL / Supervisor essentially means NOT to lose touch with the transactions completely !!
However, those who get promoted from lower levels have a different type of problem !! Getting used to prioritizing the learning and experimenting the wide range of soft skills which were not so important until now AND getting out of comfort zone becomes important for this category.
However, those who get promoted from lower levels have a different type of problem !! Getting used to prioritizing the learning and experimenting the wide range of soft skills which were not so important until now AND getting out of comfort zone becomes important for this category.
6 :: Tell me what accounting systems should must a supervisor be familiar with?
A supervisor must be familiar with the companys accounting system and all sub-system in order to provide assistance to his / her sobordinates.
7 :: Can you explain how the finance and accounting cycle works?
The accounting cycle takes accountants through ten distinct steps, each of which depends on information generated in the previous step. The accounting cycle is continually repeated, with the final results of each iteration resulting in a comprehensive set of financial statements. Small business accountants should have a thorough understanding of the accounting cycle, including how each step in the cycle affects the next, before taking on responsibility for an accounting system.
8 :: What are Transactions?
The first two steps in the accounting cycle – identifying and analyzing transactions -- depend on data from primary transaction sources, such as cash register tapes and cashiers' daily reports. Sales information is routed from sales outlets directly into the accounting department, where an accounting clerk performs the next two steps in the process.
9 :: What are Posting Transactions?
Steps three and four involve making individual journal entries for each transaction, then posting all new journal entries to the general ledger. Making individual journal entries relies on the raw transaction data gathered in the previous steps.
After posting journal entries for a specific period of time, such as a day or a week, accountants transfer all journal entries to the general ledger – a running total of account balances. This step relies directly on the journal entries made in the previous step.
After posting journal entries for a specific period of time, such as a day or a week, accountants transfer all journal entries to the general ledger – a running total of account balances. This step relies directly on the journal entries made in the previous step.
10 :: What is Balancing the Books?
The next three steps in the accounting cycle are creating a trial balance, making adjusting entries and preparing an adjusted trial balance. A trial balance uses information from the general journal to create a mock balance sheet in an attempt to balance assets with liabilities and equity accounts. Next, accountants make adjusting entries to rectify non-cash accruals and deferred expenses, such as depreciation and amortization, based on the information contained in the trial balance. After making the appropriate journal entries to adjust for non-cash items, accountants prepare an adjusted trial balance which more accurately reflects the flow of assets for the period.