Gallagher Accountant Interview Questions and Answers

Q1. About yourself and why do you want to leave your current job
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Q1. What is P2P Cycle and when AP work start?
Ans. 
P2P Cycle is Procure to Pay Cycle. AP work starts after the purchase order is received and goods/services are delivered.
• P2P Cycle involves the entire process of procuring goods or services, from identifying the need to paying the supplier.

• The cycle includes steps like requisition, purchase order, goods receipt, invoice receipt, and payment.

• AP work starts after the goods or services are received and the invoice is recei...read more
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Q1. Location thish ishu
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Q2. The I like is work
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Q3. Then my City and my work
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Insurance and Banking

Logical reasoning
Maths
Finance
Risk modelling

Q1. Procure to pay cycle in detail
Ans. 
The procure to pay cycle is the process of obtaining goods or services from a vendor, receiving and approving the invoice, and making payment.
• Procurement: Identifying the need for goods or services and selecting a vendor.

• Purchase Order: Creating a purchase order detailing the goods or services to be procured.

• Receipt of Goods/Services: Receiving the goods or services and verifying them against the purchase order.

• Invoice...read more
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