Ecom Express Executive Accountant Interview Questions and Answers

Q1. Journal Entries
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Its fully accounting based from the scratch

Q1. Prepaid accrual amortization
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Q1. Finance accounting
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Q1. What is AP procedure
Ans. 
AP procedure refers to the process of managing accounts payable, including receiving, verifying, and recording invoices for payment.
• Receiving invoices from vendors

• Verifying the accuracy of invoices

• Recording invoices in the accounting system

• Processing payments to vendors

• Reconciling accounts payable with vendor statements
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Q2. What is AR procedure
Ans. 
AR procedure refers to the process of managing accounts receivable, including invoicing, tracking payments, and following up on overdue accounts.
• AR procedure starts with sending invoices to customers for goods or services provided.

• It involves tracking payments received and reconciling them with the invoices issued.

• Follow-up on overdue accounts is a crucial part of AR procedure to ensure timely payment.

• AR procedure may ...read more
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Q3. Nothing from my side
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