DNV Senior Payroll Specialist Interview Questions and Answers

I want to join this organization because of its strong reputation in the industry and its commitment to innovation and growth.

• Strong reputation in the industry

• Commitment to innovation and growth

• Opportunities for career advancement

• Positive company culture

• Alignment with my values and career goals

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

Accounting concepts and principles are the foundational guidelines for the preparation and presentation of financial statements.

• Accounting concepts are basic assumptions, rules, and guidelines that underlie the preparation of financial statements.

• Accounting principles are the rules and guidelines that companies must follow when reporting financial data.

• Examples of accounting concepts include going concern, consistency,...read more