Erawat Pharma Interview Questions and Answers

Q1. Introducing then filed knowledge if you have all Questions regarding the sunjects you mentions in the CV..
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Always feel confident about yourself irrespective if you don’t know about the topic in detail. Show your communication skills and exercise patience at the time of jumping in. Watch your voice modulation and tone and give others chance to speak.

Q1. What are the various risks associated with R2R process ?
Ans. 
Risks associated with R2R process include errors, fraud, non-compliance, and inefficiencies.
• Errors in data entry or processing can lead to inaccurate financial reporting

• Fraudulent activities such as misappropriation of funds or falsification of records can occur

• Non-compliance with regulations and accounting standards can result in legal and financial penalties

• Inefficiencies in the R2R process can lead to delays in fina...read more
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Q2. What would be the effective control to avoid risk of inventory being wrongly recorded ?
Ans. 
Effective control to avoid risk of inventory being wrongly recorded
• Implementing a robust inventory management system

• Conducting regular physical inventory counts

• Segregating duties between employees responsible for inventory management

• Implementing proper documentation and record-keeping procedures

• Performing regular reconciliations between inventory records and financial statements
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