Ferrero Senior Executive Interview Questions and Answers

Q1. What is GR/IR and how to keep track? Types of PO and its uses Effect of Procurement in Balance sheet What do know about KPI and SLA? End to end P2P process General accounting Park Invoice
Ans. 
GR/IR stands for Goods Receipt/Invoice Receipt. It is a process used to reconcile discrepancies between goods received and invoices received.
• GR/IR is used to ensure that the quantity and value of goods received match the quantity and value of invoices received.

• It helps in identifying and resolving any discrepancies between the goods received and the invoices received.

• The GR/IR account is a temporary account used to rec...read more
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Q1. Salary expectation related questions
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Q1. Previous work experience Technical questions
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Q2. Ac drive and plc related
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Q3. Notice Period serving time
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Q1. Why are you interested in this role
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Q2. Why do you want to work for Hershey
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Q1. Why do you want to work here
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It was DSA based. 2 questions were there on array & string.

Q1. Discussion on the skills mentioned on resume & on projects.
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Q1. Basics such as Intro Relocation Skills Why do you want to switch why do you want to join us
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Q1. What key factors to use for effective budget
Ans. 
Key factors for effective budgeting
• Set clear financial goals and objectives

• Identify and prioritize expenses

• Track and analyze income and expenses

• Create a realistic budget based on available resources

• Regularly review and adjust the budget as needed

• Consider unexpected expenses and emergencies

• Seek professional advice if needed
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