OQSC , APC Discussion Group JV

2014 Summer session - 1000 Questions program

Task 12 - Sample Questions - Accountancy Principles & Procedures, Data Managem

Program Competency
serial No sr No year Question
Accountancy Principles

694 1 2012 What is double Entry?

695 2 2012 What are the Balance Sheet and Profit & Loss A/C?

696 3 2012 What is gearing ratio

differenc between Balance sheet and Profit and loss
697 4 2012 account?

What are Balance Sheet, P&L Account and its

698 5 2012 components?

What are the major financial statements that you will look
699 6 2012 for to qualify a Contractor?
What includes in Balance sheet, Profit and Loss account
700 7 2012 and cash flow?

701 8 2014 What is capital allowance?.

How you will make sure that your company is making

702 9 2014 profit?

In order to know the financial status of company what are

703 10 2014 published?

704 11 2014 62) Can you explain what do you mean by Liabilities?

100) What financial information you collect form

705 12 2014 contractor for pre-qualification?

101) How you identify company is performing well or not,

706 13 2014 insolvency situation?
 153) Are the bottom figures in balance sheet equal
707 14 2014 (matching)?

155) Can you invest working capital in some other

708 15 2014 projects/businesses?

156) What is the difference between management

709 16 2012 accounting & financial accounting?
157) Is balance sheet a management accounting
710 17 2012 document or financial accounting document?
160) How that (cost & value) is shown in terms of
711 18 2012 accounts (in P&L account)

712 19 2012 161) Is there any other name for P&L account?
Data Management

713 20 2012 How do you manage Data?

714 21 2012 What are the resources of data ?

715 22 2012 What is BIM?

What Data Management system you can adopt to avoid
flying many correspondences among Architect,
716 23 2012 Consultants, Project manager, Clients?

How you manage in company data not only cost data

717 24 2012 overall.?

718 25 2012 How do you derive data from previous project data.

What are the Data Management systems you familiar

719 26 2012 with?

720 27 2012 How do you secure data in your Laptop?

How does your company ensure that no pirated software

721 28 2012 is used?

What is the modern data management systems used in

722 29 2012 your company?
723 30 2012 How do you protect Data in your office?

724 31 2012 How you manage data in your project?

725 32 2012 What do you mean by data protection act?

726 33 2012 As a QS what type of data you need to protect? How?

How do you transfer the data within the stakeholder in

727 34 2012 your site?

728 35 2012 Explain primary data & secondary data

729 36 2014 How you manage data?

If your backup got fired due to fire in the office will you
730 37 2014 lose all your data?

731 38 2011 What is BCIS ? How BCIS gather information?

732 39 2011 What is BMI?

733 40 2011 Prcing books ? What is the use?

Communication & Negotiation

731 38 2012 Negotiation process?

732 39 2012 How do you effectively communicate?

733 40 2012 What are negotiation Tools?

734 41 2012 What are negotiation strategies?

 Suppose you have negotiated with the contractor and
come up with 100Million, Client is not happy. What do
735 42 2012 you do?
If you are going to negotiate with Sub contractor what are
the Techniques you will use? Any special techniques for
736 43 2012 summar??

737 44 2012 What are the negotiation techniques you adopt?

You are asked to attend for a negotiation with your

738 45 2012 Contractor. How would you do it?

739 46 2012 How do you record your negotiation process effectively?

As a Quantity Surveyor, how Communication is important
740 47 2012 to you?

741 48 2012 Being senior QS why communication is required?

Tomorrow you need to go for a negotiation. What is your
742 49 2012 strategy?
You are requested to go for a negotiation, how you will
743 50 2012 prepare?
whats the effective communication & efficiency
744 51 2012 communication

745 52 2012 Different types of negotiation strategies ?

What type of communication & negotiation used in your

746 53 2012 office/

what is the diffrence between coordination and

747 54 2012 management ?
Procedures, Data Management , communication & negotiation

Answer