Concentrix Corporation Accounts Receivable Caller Process Associate Interview Questions and Answers

Inclusive and denial are terms used in accounts receivable to describe payment statuses.

• Inclusive refers to payments that have been received and applied to the account.

• Denial refers to payments that have been rejected or not received.

• Inclusive payments are typically marked as 'Paid' or 'Received' in the system.

• Denial payments may require further investigation or follow-up with the payer.

• Understanding the status of paym...read more

Authorization is the process of obtaining permission or approval to perform a specific action or access certain information.

• Authorization is necessary for accessing sensitive data or performing certain tasks.

• It involves verifying the identity and permissions of an individual or entity.

• Examples include obtaining authorization to access medical records or make financial transactions.