Consero Global Solutions Senior Accounts Executive Interview Questions and Answers

Q1. What is Unbilled revenue
Ans. 
Unbilled revenue refers to revenue that has been earned but not yet invoiced to the customer.
• Unbilled revenue is typically found in service-based industries where work is completed before invoicing.

• It represents revenue that has been recognized in the financial statements but not yet billed to the customer.

• Unbilled revenue is recorded as an asset on the balance sheet until it is invoiced.

• Examples include consulting ser...read more
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Q2. What is Accruals, Prepaid
Ans. 
Accruals and Prepaid are accounting concepts used to record expenses and revenues in the period they occur, rather than when cash is exchanged.
• Accruals refer to expenses that have been incurred but not yet paid for

• Prepaid expenses are costs that have been paid for in advance but have not yet been used up

• Accruals and Prepaid help in matching expenses and revenues to the period they relate to

• Accruals and Prepaid are impo...read more
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English skills, Subject Knowledge, Accounting concepts

Q1. Work experience, Accounting concepts and US GAAP knowledge
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Q2. Basic concepts and Invoice and payment related questions
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Q1. Managerial round, End to Accounting concepts and US GAAP knowledge
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Q1. Salary Discussion and previous working experience and HR takes the MS EXCEL test ( Vlookup, Hlookup, PIVOT tables, Sumif formulas etc)
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