ADMIRE GLOBAL ORGANISATION UI and UX Designer Intern Interview Questions and Answers

Latest amendments in co. law and Ind AS.

• The Companies (Amendment) Act, 2020 was introduced to decriminalize minor offences and promote ease of doing business.

• Ind AS 116, which deals with leases, was implemented from April 1, 2019.

• Ind AS 115, which deals with revenue recognition, was implemented from April 1, 2018.

• Ind AS 116 has a significant impact on the financial statements of companies, as it requires lessees to rec...read more

3 way or 2 way checking in AP profile refers to matching the purchase order, invoice, and receiving report (3 way) or just the purchase order and invoice (2 way) to ensure accuracy and prevent fraud.

• 3 way checking involves matching the purchase order, invoice, and receiving report to ensure that the goods or services were received and the invoice matches the purchase order.

• 2 way checking involves matching the purchase ...read more

If the invoice is not received or misplaced, contact the vendor immediately to request a duplicate copy.

• Contact the vendor and explain the situation

• Request a duplicate copy of the invoice

• Verify the payment amount and due date

• Ensure the payment is made on time

• Maintain a record of all communication with the vendor

My hobbies include painting, hiking, and playing the guitar. They show that I am creative, adventurous, and disciplined.

• Painting - shows creativity and attention to detail

• Hiking - demonstrates a sense of adventure and love for the outdoors

• Playing the guitar - indicates discipline and dedication to learning a skill