Anna University Professional Assistant Interview Questions and Answers

Accounts payable refers to the money a company owes to its vendors or suppliers for goods or services received.

• Accounts payable is a liability on the balance sheet.

• It is recorded when a company receives an invoice from a vendor or supplier.

• Payment terms are negotiated between the company and the vendor, such as net 30 or net 60.

• Examples of accounts payable include rent, utilities, and inventory purchases.

• Accounts payab...read more

Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.

• Accounting involves recording financial transactions such as sales, purchases, and payments.

• It also involves classifying these transactions into categories such as assets, liabilities, and equity.

• Finally, accounting involves summarizing this information in financ...read more

A credit note is a document issued by a seller to a buyer, indicating that a refund or credit has been made to the buyer's account. A debit note is a document issued by a seller to a buyer, indicating that a debit has been made to the buyer's account.

• A credit note is issued when a seller owes money to a buyer, such as when a product is returned or a discount is given.

• A debit note is issued when a buyer owes money to a ...read more

I am seeking new challenges and opportunities for growth in my career.

• Desire for professional growth and development

• Seeking new challenges and experiences

• Opportunity to learn new skills and expand knowledge

• Better work-life balance or job satisfaction

• Higher salary or better benefits

• Relocation or change in personal circumstances

I am a detail-oriented accountant with a strong track record of accuracy and efficiency.

• I have a proven track record of accurately managing financial records and ensuring compliance with regulations.

• I am highly organized and able to prioritize tasks effectively to meet deadlines.

• I have excellent communication skills, allowing me to work effectively with clients, colleagues, and stakeholders.

• I am proficient in accountin...read more