Bechtel Accounts Receivable Associate Interview Questions and Answers

Q1. The first round was technical and it was a hard round as your concept of sap should be clear
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Q2. Why do u maintain Reconcilation a/c?
Ans. 
Reconciliation accounts are maintained to ensure accuracy and consistency in financial records.
• Helps in identifying discrepancies between different accounts

• Ensures accuracy and consistency in financial statements

• Facilitates easy tracking of transactions and balances

• Aids in detecting errors or fraud in accounting records
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Q3. FI MM Integration, FI SD Integration?
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Q4. What we maintain on company code lvl and client level and why?
Ans. 
Company code level is maintained for global settings applicable to all clients, while client level is maintained for specific settings unique to each client.
• Company code level settings include currency, chart of accounts, and fiscal year variants.

• Client level settings include customer master data, vendor master data, and sales organization data.
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Q5. Phases of blueprint, tables
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Blueprint phases include planning, designing, and implementation. Tables are used to organize data in a structured format.
• Blueprint phases: planning, designing, implementation

• Tables: organize data in structured format

• Examples: creating a blueprint for a new building, using tables in a database to store information
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Q1. Manager round some kind of behavioural check and some technical question asked as they give u scenerio about the work and some accounting questions
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Q2. General Entries, P2P, OTC, RTR
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Q3. What bank Reconcilation and validations
Ans. 
Bank reconciliation involves comparing the bank statement with the company's records to ensure they match, while validations involve verifying the accuracy and completeness of financial transactions.
• Bank reconciliation ensures that the company's records match the bank statement by comparing deposits, withdrawals, and other transactions.

• Validations involve verifying the accuracy and completeness of financial transaction...read more
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Q1. The last round was hr
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Q2. Some kind of behavioural check, salary discussions, terms and conditions but one thing here the hr round is not a formality round as u have to give full impression over there dont take it simple
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Q1. Achievements, Experience, Projects Handled
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Q2. Project work executed in last few years
Ans. 
I have executed multiple projects in the last few years.
• Developed a new website for a client using HTML, CSS, and JavaScript.

• Created a mobile application for a startup using React Native.

• Managed a team of developers to build a custom CRM system for a large corporation.

• Implemented a data analytics solution for a healthcare organization using Python and SQL.

• Designed and executed a social media marketing campaign for a no
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Amazing aptitute test with knowledge of all aspects of the industry

Great assessment of all the interview natures of the assignment for risk, protocol, and valuation.

Q1. What is prime cost?
Ans. 
Prime cost is the total of direct materials cost and direct labor cost involved in production.
• Prime cost includes only the direct costs associated with production.

• It does not include indirect costs like overhead expenses.

• Formula: Prime Cost = Direct Materials Cost + Direct Labor Cost

• Example: If a company's direct materials cost is $10,000 and direct labor cost is $5,000, the prime cost would be $15,000.
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Q2. What are the sections under TDS?
Ans. 
The sections under TDS include 192, 194, 194A, 194B, 194C, 194D, 194DA, 194E, 194EE, 194F, 194G, 194H, 194-I, 194J, 194K, 194LA, and 195.
• Section 192: TDS on salary

• Section 194: TDS on dividends

• Section 194A: TDS on interest other than interest on securities

• Section 194B: TDS on winnings from lotteries or crossword puzzles

• Section 194C: TDS on payment to contractors and sub-contractors

• Section 194D: TDS on insurance commissi...read more
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