Capgemini Senior Associate 1 Interview Questions, Process, and Tips

Q1. What is accrual,deffrels, name of accounts
Ans. 
Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period

• Accruals are recorded as adjusting journal entries at the end of each accounting period

• Common accruals include accrued salaries, accrued interest, and accrued taxes

• Accruals help provide a more accurate representation of a c
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Q2. What is balance sheet,baddebts
Ans. 
Balance sheet is a financial statement that shows a company's assets, liabilities, and shareholders' equity at a specific point in time. Bad debts are debts that are unlikely to be collected.
• Balance sheet provides a snapshot of a company's financial position.

• It includes assets (such as cash, inventory, and property), liabilities (such as loans and accounts payable), and shareholders' equity.

• Bad debts are debts that are...read more
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Q1. What is accrual
Ans. 
Accrual refers to the recognition of revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual accounting matches revenues with expenses in the same accounting period, even if cash has not been exchanged.

• Accruals are recorded as adjusting journal entries at the end of an accounting period.

• Examples of accruals include accrued interest, accrued salaries, and accrued taxes.

• Accrual accounti...read more
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Q2. Bed debts entries
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Q1. Related to experience
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Q1. PTP cycle and process
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Q1. What is the process of invoice processing
Ans. 
Invoice processing involves receiving, reviewing, and approving invoices for payment.
• Invoices are received from vendors or suppliers

• Invoices are reviewed for accuracy and completeness

• Invoices are approved for payment based on company policies and procedures

• Payment is made to the vendor or supplier

• Invoices are recorded in the company's accounting system
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English, Accounts, General aptitude