CHCS Services India Pvt. Ltd. Process Leader Interview Questions and Answers

Q1. What are your salary expectations?
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Q2. Share details of your previous job.
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Assessment on French topics

Q1. Salary discussion
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Q2. What is your expectation's Salary
Ans. 
My salary expectation is based on my experience, skills, and the market rate for the position.
• Consider my years of experience in the industry

• Research the average salary range for Process Leaders in the current market

• Factor in the responsibilities and requirements of the specific role

• Be open to negotiation based on the overall compensation package offered
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Q3. When you can join
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I can join within two weeks of receiving an offer.
• I can start within two weeks of receiving an offer.

• My current notice period is two weeks.

• I am available to start in two weeks.

• I can join by the end of this month.
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Q1. Tell about IFRS 9
Ans. 
IFRS 9 is an international financial reporting standard that sets out guidelines for accounting for financial instruments.
• IFRS 9 replaces IAS 39 and introduces new classification and measurement requirements for financial assets

• It also includes guidelines for impairment of financial assets and hedge accounting

• IFRS 9 aims to improve the financial reporting of financial instruments and provide more relevant information t
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Q1. Account questions
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Q2. General information
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Q1. About accounts process
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Q1. Whar is Accrual ?
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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

• It provides a more accurate representation of a company's financial position

• Examples include recognizing revenue when a service is performed, even if payment has not been received yet
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Q2. Importance of Reporting in Account
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Reporting in accounting is crucial for tracking financial performance, making informed decisions, and ensuring compliance.
• Reporting helps track financial performance and identify areas of improvement.

• It provides insights for making informed business decisions.

• Reporting ensures compliance with regulations and standards.

• Examples: Balance sheets, income statements, cash flow statements.

• Reporting helps stakeholders underst
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