Entrust Software Solutions Quality Associate Interview Questions and Answers for Experienced

There will be basic questions on accounting ans ms excel in mcq form.If we cleared that then next will be technical round.

Q1. Accrual and prepaid differences
Ans. 
Accruals are expenses incurred but not yet paid, while prepaids are payments made in advance for future expenses.
• Accruals are recorded when expenses are incurred, regardless of when they are paid.

• Prepaids are recorded when payments are made in advance of expenses being incurred.

• Accruals are typically associated with services received but not yet invoiced.

• Prepaids are typically associated with insurance premiums or rent...read more
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Q2. Journal entries for prepid and accrual
Ans. 
Journal entries for prepaid and accruals involve recording expenses or revenues before they are actually incurred or received.
• Prepaid expenses are recorded as assets until they are used up, then expensed.

• Accrued expenses are recorded as liabilities until they are paid, then expensed.

• Prepaid revenue is recorded as a liability until it is earned, then recognized as revenue.

• Accrued revenue is recorded as an asset until it
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Q1. Why you are interested to join our company
Ans. 
I am interested in joining your company because of its reputation for quality products and commitment to excellence.
• I am impressed by the company's track record of delivering high-quality products to customers.

• I am excited about the opportunity to contribute to a team that values quality and continuous improvement.

• I believe that my skills and experience align well with the company's focus on quality assurance.
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Q2. What your goal in career
Ans. 
My goal in my career is to continuously improve my skills and knowledge, and eventually advance into a leadership role.
• Continuously seek opportunities for professional development and training

• Set clear career goals and work towards achieving them

• Build strong relationships with colleagues and mentors to learn from their experiences

• Take on challenging projects to expand my skill set

• Eventually aim to transition into a lea
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