ContactPoint 360 Client Support Executive Interview Questions and Answers

PV ratio is the ratio of contribution to sales. Accrual expenses are recognized but not yet paid, while prepaid expenses are paid but not yet recognized.

• PV ratio is calculated by dividing contribution by sales.

• It helps in determining the break-even point and the impact of changes in sales volume on profit.

• Accrual expenses are expenses that have been incurred but not yet paid, such as salaries or interest.

• Prepaid expens...read more

Various methods of search include keyword search, boolean search, and natural language search.

• Keyword search involves entering specific words or phrases to find relevant information

• Boolean search uses operators like AND, OR, NOT to narrow or broaden search results

• Natural language search allows users to enter queries in everyday language for more accurate results

Basic principles of accounting include consistency, relevance, reliability, comparability, and materiality.

• Consistency: Accounting methods and procedures should be consistent from one period to another.

• Relevance: Information should be relevant and useful for decision-making.

• Reliability: Information should be accurate and trustworthy.

• Comparability: Financial statements should be comparable to other periods or companies.

• ...read more