Ferrero Senior Executive Interview Questions and Answers for Experienced

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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Basic Accounting questions and analytical questions

Q1. Journal entries, Accrualss, Deferred revenue
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Q2. What is deferred revenue
Ans. 
Deferred revenue is an accounting term that refers to revenue that has been received but not yet earned.
• Deferred revenue is also known as unearned revenue.

• It is common in subscription-based businesses where customers pay in advance for services that will be provided over time.

• The revenue is recognized as earned revenue over the period of time that the service is provided.

• Deferred revenue is recorded as a liability on t...read more
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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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Q1. General Discussion
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Q1. Previous work experience
Ans. 
I have 5 years of experience in marketing and sales.
• Worked as a Marketing Executive at XYZ Company for 2 years

• Managed a team of 5 sales representatives at ABC Company for 3 years

• Achieved 20% increase in sales revenue in the first year at ABC Company

• Developed and implemented successful marketing campaigns for multiple products
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Q2. What you have worked and ERP knowledge
Ans. 
I have worked extensively with ERP systems and have a strong knowledge of their functionality.
• I have experience working with SAP, Oracle, and Microsoft Dynamics ERP systems.

• I have worked on implementing ERP systems for clients in various industries such as manufacturing, healthcare, and retail.

• My knowledge of ERP systems includes modules such as finance, supply chain management, and human resources.

• I have also provided...read more
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