Deccan interview questions

What is the accounting cycle? ERP and Tools What accounting software have you used? What is ERP? What is chart of accounts? What are aging reports? How do you handle month-end closing? Internal Controls and Audit What is internal control? What is internal audit? What is the difference between internal and external audit? What is fraud? How do you prevent accounting errors? Banking and Reconciliation What is a bank reconciliation statement? What are reasons for differences in bank and cash book? What is petty cash? What is imprest system?