AB InBev India Accountant Interview Questions and Answers

I have 5 years of experience in invoicing for a medium-sized company.

• Managed invoicing process from creation to delivery

• Ensured accuracy of invoices and resolved any discrepancies

• Worked with sales and finance teams to streamline invoicing procedures

• Utilized accounting software such as QuickBooks for invoicing

• Handled customer inquiries and payment processing related to invoices

IFRS 115 outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers.

• Revenue is recognized when a customer obtains control of a good or service.

• The amount of revenue recognized should reflect the consideration that an entity expects to be entitled to in exchange for those goods or services.

• Revenue is recognized over time if the customer simultaneously receiv...read more

Yield is calculated by dividing the annual interest or dividend by the investment's cost or current market value.

• Yield is expressed as a percentage.

• For bonds, yield is calculated using the coupon rate and market price.

• For stocks, yield is calculated using the dividend per share and current market price.

• Yield can be used to compare the profitability of different investments.

To find freight budget, analyze historical data, consider current market rates, negotiate with carriers, and factor in any additional fees.

• Analyze historical data to determine average freight costs

• Consider current market rates and adjust budget accordingly

• Negotiate with carriers to secure better rates

• Factor in any additional fees such as fuel surcharges or accessorial charges

• Use budgeting software or spreadsheets to tr