CorroHealth infotech Senior Processing Executive Interview Questions and Answers

Q1. What is prepaid expenses
Ans. 
Prepaid expenses are expenses paid in advance but not yet incurred or used.
• Prepaid expenses are recorded as assets on the balance sheet.

• They are gradually expensed over time as they are used or incurred.

• Examples include prepaid rent, insurance premiums, and subscriptions.

• Prepaid expenses are common in industries such as real estate and insurance.
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Q2. What is differed revenue
Ans. 
Differed revenue is revenue received in advance but not yet earned.
• Differed revenue is also known as unearned revenue.

• It is a liability on the balance sheet until the goods or services are delivered.

• Examples include magazine subscriptions, prepaid rent, and gift cards.

• Once the revenue is earned, it is recognized on the income statement.

• Differed revenue is common in industries such as software, consulting, and real esta
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Q1. All basic accounting questions based on p&l , b/s and CFS .
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Extending questions related to ratios , accounting treatment , etc

Credit Analysis of Large Corporate

Q1. Ratio Analysis, leverage analysis, credit underwriting,
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Q2. Credit analysis of large company
Ans. 
Credit analysis of large company
• Gather financial statements and credit reports

• Analyze financial ratios and credit scores

• Assess industry and market trends

• Evaluate management and corporate governance

• Consider potential risks and mitigating factors

• Make a recommendation based on findings
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Q1. Basic questions about the previous experience
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