#Deloitte Tax Consultant | Financial #Accounting (Part 1) | #Aptitude Test Questions @TheAptitudeGuy

Summary

This video from the 'Aptitude Guy' is a guide for candidates preparing for the Deloitte (Deo) placement process, focusing on the financial accounting section of the aptitude test. It covers 30 questions out of 75, alongside logical reasoning and Microsoft Excel sections, each with its own time constraints and cut-off marks. The host encourages viewers to practice and understand the reasoning behind answers rather than memorizing them. The video also includes a discussion invitation for any disagreements with the provided answers, aiming to educate viewers on the types of questions Deloitte may ask.

Takeaways

• 😀 The video is part of a series on the Deloitte (Deo) placement process, focusing on the aptitude test for US tax consultants.
• 📚 The Deo aptitude test consists of 75 questions, with 30 on logical reasoning, 30 on financial accounting, and 15 on Microsoft Excel.
• 🔗 The video provides links to other resources, including videos on logical reasoning and Excel, for comprehensive preparation.
• ⏰ Candidates are given 75 minutes to complete the aptitude test, averaging about one minute per question.
• 📝 The presenter emphasizes the importance of understanding the reasoning behind the answers rather than just memorizing them.
• 🤔 The video includes a mix of theoretical and numerical questions, with the presenter advising to spend more time on numerical ones.
• 📉 There is a mention of a scoring system where viewers can keep track of their correct and incorrect answers to gauge their preparation level.
• 🗣️ The presenter invites viewers to discuss any disagreements with the provided answers in the comment section.
• 📈 The video suggests that each section of the aptitude test has its own cutoff marks, emphasizing the importance of performing well in all areas.
• 👍 The presenter encourages viewers to like and subscribe to the channel for easy access to the videos during revision.
• 👋 The video ends with an invitation to watch the next part of the series and a reminder to subscribe for updates.

Q & A

What is the total number of questions in the Deo aptitude test?

The Deo aptitude test consists of 75 questions in total.

How many questions on logical reasoning are there in the Deo aptitude test?

There are 30 questions on logical reasoning in the Deo aptitude test.

What is the recommended approach to answering numerical questions in the Deo aptitude test?

For numerical questions, it is advised to take more time, possibly 1.5 to 2 minutes, as they are more complex than the theoretical questions.

How many questions on financial accounting are included in the Deo aptitude test?

There are 30 questions on financial accounting in the Deo aptitude test.

What is the time allocated for the Deo aptitude test and what does this imply for the average time per question?

The total time allocated for the Deo aptitude test is 75 minutes, which implies an average of 1 minute per question.

What is the recommended strategy for handling 'All of the above' or 'None of the above' type questions in the Deo aptitude test?

The recommended strategy is to skip these questions initially, answer the others first, and then revisit these at the end after considering all options carefully.

How many questions on Microsoft Excel are there in the Deo aptitude test?

There are 15 questions on Microsoft Excel in the Deo aptitude test.

What does the speaker suggest doing if you disagree with an answer provided in the video?

If you disagree with an answer, the speaker suggests discussing it in the comment section of the video.

What is the speaker's advice on memorizing answers for the Deo aptitude test?

The speaker advises against blindly memorizing answers and instead emphasizes understanding the reasoning behind them.

What is the speaker's recommendation for keeping track of your performance during the Deo aptitude test practice?

The speaker recommends having a scorecard to mark correct and incorrect answers to understand how much more practice is needed.

How does the speaker suggest using the 'liked' videos section on YouTube for revision purposes?

The speaker suggests liking the video to save it in the 'liked' videos section for easy access and revision, and then unliking it after the test.

Outlines

00:00

📚 Introduction to Deloitte Aptitude Test Preparation

This paragraph introduces the video series focused on preparing for the Deloitte aptitude test, specifically the financial accounting section. The speaker mentions that there are 75 questions in total, with 30 on logical reasoning, 30 on financial accounting, and 15 on Microsoft Excel. The speaker also encourages viewers to watch all the uploaded videos for practice, and offers a link to interview questions for those who have already cleared the aptitude test. The video aims to provide the types of questions Deloitte asks, with answers based on past students' experiences, and encourages viewers to engage in discussions in the comments if they disagree with any answers.

05:01

📝 Detailed Walkthrough of Financial Accounting Questions

The speaker proceeds to guide viewers through the financial accounting questions that are part of the Deloitte aptitude test. They emphasize the importance of understanding the reasoning behind the answers rather than memorizing them. The paragraph includes a series of questions with their respective answers, and the speaker advises viewers to keep a scorecard to track their progress. It is highlighted that there is a time constraint for the test, with an average of 1 minute per question, and special attention is given to the numerical questions which may require more time. The speaker also reminds viewers that each section of the test has its own cutoff marks.

10:02

👍 Encouraging Engagement and Providing Tips for Test Preparation

In the final paragraph, the speaker encourages viewers to like and subscribe to the channel for easy access to the video for revision purposes. They also provide a strategy for dealing with 'all of the above' and 'none of the above' type questions, suggesting that viewers skip these initially and return to them at the end. The speaker wraps up the video by summarizing the content covered and inviting viewers to watch the previous and next videos in the series for a comprehensive preparation for the Deloitte aptitude test.

Keywords

💡Aptitude Test

An aptitude test is a type of assessment designed to measure a person's natural abilities and potential for learning certain skills. In the context of the video, the aptitude test is specifically for the Deo placement process, which includes questions on logical reasoning, financial accounting, and Microsoft Excel skills. The video aims to prepare viewers for this test by familiarizing them with the types of questions asked.

💡Deo

Deo likely refers to a company or organization conducting the aptitude test mentioned in the video. The term is used to describe the entity for which the viewers are preparing to take a placement test. The video script suggests that Deo is known for asking a specific set of questions in their aptitude test, which the video aims to help viewers practice and understand.

💡Logical Reasoning

Logical reasoning is the ability to think and analyze arguments based on logic. In the video, logical reasoning is one of the main subjects of the aptitude test, with 30 questions dedicated to this area. The video mentions that there are already uploaded videos on the channel that cover logical reasoning questions, indicating its importance in the test preparation.

💡Financial Accounting

Financial accounting is the process of recording, summarizing, and reporting financial transactions related to a business. It is a key topic in the Deo aptitude test, with 30 questions focused on this area. The video script emphasizes the importance of understanding financial accounting concepts for test preparation, suggesting that viewers should be well-versed in this subject to perform well in the test.

💡Microsoft Excel

Microsoft Excel is a widely used spreadsheet program for organizing, analyzing, and presenting data. In the video, Excel proficiency is part of the aptitude test, with 15 questions dedicated to it. The video encourages viewers to watch uploaded videos that cover Excel-related questions, highlighting the necessity of being proficient in Excel for the test.

💡Scorecard

A scorecard in this context refers to a tool used by viewers to track their performance while practicing questions from the video. The video suggests that viewers should have a scorecard to mark their correct and incorrect answers, which helps in assessing their progress and identifying areas that need more practice.

💡Theoretical Questions

Theoretical questions are those that test knowledge of concepts or principles rather than practical application. The video script mentions that there will be a mix of theoretical and numerical questions in the aptitude test. The video advises viewers to be well-versed with both types of questions, as theoretical questions require memorization and understanding of concepts.

💡Numerical Questions

Numerical questions involve calculations or quantitative analysis and are typically more time-consuming. The video script warns viewers to be careful with numerical questions as they require more time and thought compared to theoretical questions. The video also advises a strategic approach to managing time during the test, suggesting that numerical questions should be given more time.

💡Cut-off Marks

Cut-off marks are the minimum scores required to pass a test or to be considered for further stages of a selection process. The video script explains that each section of the Deo aptitude test has its own cut-off marks, emphasizing that performing well in some sections cannot compensate for poor performance in others.

💡Time Management

Time management is the efficient allocation of time to different tasks. In the context of the video, time management is crucial for the aptitude test, as there is a fixed time of 75 minutes to answer 75 questions. The video advises viewers to balance their time between theoretical and numerical questions, suggesting a strategic approach to maximize their scores.

💡Discussion

Discussion in this context refers to the interaction and debate among viewers in the comment section of the video. The video encourages viewers to engage in discussions if they disagree with any of the answers provided, fostering a community of learners who can help each other understand and clarify doubts.

Highlights

Introduction to the Deloitte (Deo) placement process for US tax consultant role.

Total of 75 questions in the Deloitte aptitude test, with a focus on logical reasoning and financial accounting.

Availability of video tutorials on logical reasoning for the aptitude test on the presenter's YouTube channel.

Explanation of the 30 questions on financial accounting and the importance of watching all related videos.

Mention of 15 questions on Microsoft Excel and the availability of tutorial videos for this section.

Emphasis on the importance of practice and understanding the reasoning behind the answers rather than memorization.

Introduction of the first question of the financial accounting section with an invitation to pause and attempt it.

Clarification that the presenter's expertise is in aptitude, not financial accounting, and reliance on past students' feedback for answers.

Encouragement for viewers to engage in discussion in the comment section if they disagree with any answer.

Presentation of the answer to the first question, highlighting the importance of keeping a scorecard.

Advice on time management during the aptitude test, balancing time spent on theoretical and numerical questions.

Explanation of the scoring system and the importance of performing well in all sections, not just one.

Discussion on the strategy for answering 'all of the above' and 'none of the above' type questions.

Suggestion to skip difficult questions initially and return to them after answering easier ones.

Reminder to like and subscribe to the channel for easy access to the videos for revision purposes.

Conclusion of the video with an invitation to watch the next part of the series and previous Excel-related content.

Final reminder to subscribe to the channel and a sign-off from the presenter.

Transcripts

hello there this is the aptitude guy

welcome to another video on the Deo

placement process for the US tax

consultant rule in this video we are

going to look at the financial

accounting questions asked by deoy in

their aptitude test now we already know

that in the aptitude test of deoy they

ask a total of 75 questions out of those

75 questions they asked 30 questions on

logical reasoning I already uploaded

videos of this section on my YouTube

channel you can watch them right here in

this link now after 30 questions on

logical reasoning we have 30 questions

on financial accounting that video is

right here with part one and the other

parts will follow after that we have 15

questions on Microsoft Excel now if you

haven't watch the Excel videos I have

uploaded them already you can watch

those videos right here so we have a

total of 75 questions and the total time

offered is 75 minutes so make sure you

watch all the videos extensively

practice well and only then go for the

aptitude test and if you are a person

who has already cleared the aptitude

test congratulations and you're looking

for some interview questions I have

uploaded an extensive list of all the

interview questions asked by Deo right

here in this video make sure you

practice every single question all right

now without any further Ado let us start

with this video Let's Get Right into

question number one now here is the deal

my expertise lies in aptitude my

expertise does not lie in financial

accounting questions okay so all the

questions that you see in this video and

the subsequent videos they are the same

types of questions that Delo will be

asking during the aptitude test and all

the answers that I'll be showing you

they are the answers told to me by the

students who have been placed in Deo in

the past all right so if at all you do

not agree with some or the other answer

feel free to have a discussion in the

comment section below all right so this

is question number one pause the video

try to solve it and then come back for

the

answer all right the answer for this

question is option b have a scorec card

beside you so that you can mark yourself

how many questions you got correct and

how many questions you got wrong okay so

that in the end you know how much you

need to practice further all right let's

move on to the next

one question number two pause the video

try to solve it and then of course come

back all right I hope you have it let's

see what the answer is the answer is

option A I hope you got that if you did

not now you know what is the answer try

to figure out how you get it and if you

do not agree with it like I already

mentioned mention in the comment section

and some of the other person will have a

discussion with

you all right let's move

on question number three a lot of text

pause the video try to get the answer

and then come

back all right I hope you have the

answer the answer

is option number

c okay let's move on to question number

four pause the video try to solve it and

then come

back okay so as you can see you will

have a mixture of um textual questions

and you will have some numericals as as

well so you need to be well versed with

everything okay let's see what the

answer is the answer is option D okay I

hope you got that if you did not try to

figure out how you get this

answer let's move

on question number five pause the video

try to solve it and then come

back all right let's see what the answer

is the answer answer is option C okay

now one thing about all these text and

um theoretical questions is that there

is no debate that needs to happen you

either know it or you do not know it

your main disagreement might happen with

the

numericals question number six pause the

video try to solve it and then come

back okay let's see what the answer is

the answer is option number c okay I

hope your scorecard is looking good

don't just blindly memorize all the

answers over here okay like I said they

will ask you the types of these

questions this video is all about

educating you about the types of

questions asked by Deo okay so try to

understand the reasoning behind this and

everything don't just blindly memorize

these answers all right let's move on

question number seven pause the video

try to get the answer and then come

back okay I hope you have your answer

the answer is option number

c okay seven questions done I hope you

have a pretty good score for now if you

do not we have plenty more questions

after this let's see like I said in the

aptitude test you will have a total of

30 questions on Financial accounting and

by the way you can't get more right

answers in other section and less right

answers in this one and hope to clear

the aptitude test it is not how that

works every single section every single

topic will have its own cut off marks we

don't get to know how much the cutof

marks is but they will have a cut off

marks for

everything okay let's move

on question number eight pause the video

try to solve it and then come back

all right I hope you have your answer

this is pretty theoretical you either

know it or you do not know it the answer

is option number

eight okay I hope you got that right

let's move

on question number nine pause the video

try to get the answer and then come

back all right I hope you have it the

answer is

option number

c

okay let's move

on question number

10 pause the video try to solve it and

then come

back all right I hope you have it the

answer is option number B we are done

with 10 questions have a quick look at

what your score is and that should give

you a nice idea a of where you stand I'm

not telling that the test is done we

have a total of 30 questions and I have

more questions over here but still this

will be a nice uh indicator of where you

stand right now okay let's move on to

the next

one question number 11 another numerical

okay pause the video really go slow and

try to solve this question

all right I hope you have your answer

now why did I ask you to go slow over

here because if you remember all the

previous questions many of the questions

are theoretical questions so you don't

need to spend too much time on them like

I told you the total number of questions

is 75 and total time is 75 minutes that

means on an average you're getting 1

minute per question but will you be

spending 1 minute for every single

questions no for example the theoretical

questions you might take 10 seconds to

20 seconds but for these questions for

these numerical questions you might need

more than 1 and a half minutes to 2

minutes so it's ultimately a balance so

be more careful during the numericals

and theoretical questions you either

know or you do not know that's it so

let's see what the answer is over here

the answer

is option number D I really hope you got

that correct if you do not agree with

the answer like I said already uh drop

your points in the comment section and

let's see if somebody over here is ready

to discuss it with

you question number 12 another small

numerical let's see pause the video and

try to solve

it okay I hope you are done the answer

is option number c

400 okay I hope you got that right and

if you did not I hope you revisit it and

I hope that you agree with this answer

if you do not you know what to do let's

move

on question number 13 another numerical

okay we are getting back toback

numericals now be

careful okay I hope you are done if you

are not pause the video and try to solve

it and then come back the answer

is option number D okay okay

105,000 cool I hope you agree with this

answer and yeah one more thing if you

are learning new things in this video

and if you think that this video is

useful then of course drop a like And

subscribe to the channel if you drop a

like I mean that would not do much for

the channel but it'll help you later if

at all you want to revise these topic so

that the video is saved in the liked

videos section of your YouTube app so

later whenever you want to revise or you

just want to go through all the

questions you don't have to search for

it it'll be right there in the liked

videos section okay and after you're

done with the Deo aptitude test and

everything you can unlike it again your

choice let's move

on question number

14 pause the video try to get the answer

and then come

back all right let's see what the answer

is the answer is

option number D

okay we are done with 14 questions let's

move on to the 15th

one pause the video try to think about

it and mark the

answer okay I hope you have the answer

let's see what the answer is answer is

option D all of the above H that's a

very irritating option actually whenever

you have options like all of the above

and none of the above um my suggestion

to you would be to just skip the

question go through the other questions

first and save these kind of questions

for the end because in these types of

options you have to think a

lot okay let's move on to the next

one question number 16 read the question

try to solve it and then come

back okay I hope you are done the answer

is option number

a

okay we are almost at the end of this

video the next question oh we are at the

end of this video awesome so that was it

for the first video guys um I hope you

thought that the content over here was

useful if you did then of course a like

to the video would be amazing if you

want to watch the previous video where I

have mentioned all the Excel related

questions you can watch it right here

and if you want to watch the next video

it is right here and as always a

subscribe to the channel would be very

helpful okay I'll see you in the next

one bye-bye