April 1, 2015

Homework Help: Financial officer Interview

Posted by Molly on Friday, August 28, 2009 at 1:58pm.

1.Briefly describe your current position and its duties and responsibilities.
2.What are the revenue centers for your organization
3.What types of centers (departments) have budgets?
4.How many cost centers are there? Can you give some examples?
5.How important is it to control costs?
6.How are fixed costs separated from variable costs?
7.How are variable costs handled?
8.What method of cost allocation do you use in your organization (Direct allocation, step-down allocation, double or multiple distribution, or reciprocal)? What are the advantages and disadvantages of using that particular method?
9.How are costs allocated? What are some examples of criterion you use to determine cost allocation?
10.What happens when a service’s revenues do not cover its costs
11.Has a service been discontinued because revenue did not cover its costs
12. What is it about your job that you like
13. What is the most challenging part of your job
14.Would you change your position if you had the chance

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