CSIPL Interview Questions and Answers

Accounting types refer to the different methods and systems used to record financial transactions and prepare financial statements.

• Financial accounting - focuses on external reporting to stakeholders

• Managerial accounting - focuses on internal decision-making

• Cost accounting - focuses on analyzing costs of production

• Tax accounting - focuses on tax compliance and planning

• Forensic accounting - focuses on investigating financial fraud

• Auditing - focuses on examining financial recor...read more

E-Invoice processing involves receiving, validating, and recording electronic invoices.

• Receive the E-Invoice from the supplier electronically

• Validate the invoice details such as invoice number, date, amount, and tax information

• Record the invoice in the accounting system for payment processing

• Ensure compliance with legal requirements and regulations regarding E-Invoicing

• Reconcile the E-Invoice with purchase orders and receipts for accuracy

Vouchers are documents used to record financial transactions in accounting.

• Vouchers are used to provide evidence of a transaction

• Common types of vouchers include cash vouchers, bank vouchers, journal vouchers, and sales vouchers

• Vouchers typically include details such as date, amount, description, and authorization

• Vouchers are important for maintaining accurate financial records and internal controls

Yes, I have a degree in pharmaceutical sciences and extensive experience in manufacturing life-saving drugs.

• I have a degree in pharmaceutical sciences which includes knowledge of drug manufacturing processes

• I have worked in the pharmaceutical industry for 10+ years, overseeing the production of various life-saving drugs

• I have successfully managed teams in the manufacturing of drugs such as insulin, antibiotics, and cancer medications

pH value is a measure of the acidity or alkalinity of a solution on a scale of 0 to 14.

• pH value below 7 indicates acidity, while above 7 indicates alkalinity

• Pure water has a pH of 7, which is considered neutral

• Examples of pH values: Lemon juice (pH 2), Milk (pH 6.5), Ammonia (pH 11)