Danfoss Industries Executive Accountant Interview Questions and Answers

P2P is Procure-to-Pay, a process of purchasing goods and services and paying for them. Accounts and finance are different but related.

• Golden rules of accounts are Real, Personal, Nominal, Debit what comes in, Credit what goes out.

• Examples of Real accounts are land, building, machinery. Personal accounts are accounts of individuals, firms, companies. Nominal accounts are accounts of expenses, losses, gains.

• An invoice is...read more

In 5 years, I see myself as a successful Accounts Executive, having gained valuable experience and contributing to the growth of the company.

• I plan to continue learning and growing in my role as an Accounts Executive

• I hope to have taken on additional responsibilities and contributed to the success of the company

• I aim to have built strong relationships with clients and colleagues

• A balance sheet is a financial statement ...read more