10+ Squeeze Solutions Interview Questions and Answers

I consider the quality of the product first.

• Quality of the product

• Brand reputation

• Price

• Availability

• Customer reviews

Procurement is the process of acquiring goods or services, while supply chain management encompasses the entire flow of goods and services from procurement to delivery.

• Procurement involves the purchasing of goods or services needed for a business or organization.

• Supply chain management includes procurement as well as the coordination and management of all activities involved in the flow of goods and services.

• Procurement focuses on the sourcing, negotiation, and purchasing of ...read more

Internal control can be implemented in a company through various measures such as segregation of duties, regular audits, and implementing policies and procedures.

• Segregation of duties to prevent fraud and errors

• Regular audits to ensure compliance with policies and procedures

• Implementing policies and procedures to guide employees on proper conduct and processes

• Establishing a system of checks and balances to monitor and review financial transactions

• Training employees on interna...read more

Cash flow from operating activities is calculated by adjusting net income for non-cash items and changes in working capital.

• Start with net income from the income statement

• Add back non-cash expenses like depreciation and amortization

• Adjust for changes in working capital items like accounts receivable, accounts payable, and inventory

• Subtract any non-operating gains or losses

• Example: Cash flow from operating activities = Net income + Depreciation - Change in accounts receivable ...read more

To rectify duplicate invoice postings in SAP, follow these steps:

• Identify the duplicate invoices using transaction code FB03

• Reverse the duplicate invoices using transaction code FB08

• Check the vendor account balance to ensure accuracy

• Investigate the root cause of the duplicate postings and implement preventative measures

• Consider implementing a duplicate invoice detection tool

I have experience in credit assessment and financial analysis.

• I have previously worked as a Credit Analyst at XYZ Bank, where I was responsible for conducting credit assessments on loan applications.

• To assess creditworthiness, I would analyze the applicant's financial statements, credit history, and collateral value.

• I would also evaluate the applicant's debt-to-income ratio, payment history, and overall financial stability.

• In terms of financial analysis, I would use various f...read more

Yes, I am flexible for stretching late hours as needed.

• I am willing to work late hours when necessary to meet deadlines or handle urgent tasks.

• I understand the importance of flexibility in a fast-paced work environment.

• I have previous experience working late hours when required, such as during month-end close or busy seasons.

The number of seeds required in one acre depends on the type of crop being planted.

• The number of seeds required in one acre can vary greatly depending on the size of the seed, spacing requirements, and planting method.

• For example, a crop like corn may require around 20,000 seeds per acre, while a crop like soybeans may only require around 140,000 seeds per acre.

• It is important to follow the recommended seeding rate for each specific crop to ensure optimal yield.

PO and Non-PO are two types of procurement processes in SAP.

• PO (Purchase Order) is a formal document that is used to request goods or services from a vendor.

• Non-PO procurement is a process where goods or services are procured without a purchase order.

• Non-PO procurement can be done through various methods such as corporate credit cards, petty cash, or blanket purchase orders.

• PO procurement is a more formal and structured process that involves creating a purchase order, sending...read more

Handling critical situations requires quick thinking, clear communication, and a focus on finding solutions.

• Assess the situation and prioritize actions based on urgency

• Communicate clearly and calmly with all parties involved

• Gather all necessary information to make informed decisions

• Stay focused on finding solutions and remain flexible in your approach

• Take responsibility for your actions and be accountable for the outcome

• Examples: resolving a customer complaint, managing a cri...read more

The most common pest attack on soybean is the soybean aphid.

• Soybean aphids are small, soft-bodied insects that feed on the sap of soybean plants.

• They can quickly reproduce and cause significant damage to soybean crops.

• Symptoms of soybean aphid infestation include yellowing and curling of leaves, stunted growth, and reduced yield.

• Control measures for soybean aphids include insecticidal sprays, natural predators, and resistant soybean varieties.

Financial statements are documents that provide information about a company's financial performance and position.

• Income Statement: Shows a company's revenues and expenses over a specific period of time.

• Balance Sheet: Provides a snapshot of a company's assets, liabilities, and equity at a specific point in time.

• Cash Flow Statement: Details the cash inflows and outflows of a company during a specific period.

• Statement of Changes in Equity: Shows the changes in equity of a compan...read more

Account payables are amounts owed by a company to its suppliers or vendors for goods or services purchased on credit.

• Account payables represent a company's short-term liabilities

• They are typically recorded as current liabilities on the balance sheet

• Companies often have terms for payment, such as net 30 or net 60, which indicate when the payment is due

• Examples include invoices from suppliers for raw materials, utilities, or services rendered

SAP FI module is used for managing financial transactions in GL, AP, and AR.

• FI module integrates with other SAP modules like MM and SD for financial transactions

• GL module manages the company's financial transactions and generates financial statements

• AP module manages vendor invoices and payments

• AR module manages customer invoices and receipts

I have experience using SAP ERP for managing collections.

• Utilized SAP ERP for tracking and managing customer accounts

• Generated reports on outstanding invoices and payment statuses

• Processed payments and reconciled accounts using SAP ERP