General Mills Accounts Receivable Associate Interview Questions and Answers for Freshers

Q1. About my experience
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Q1. Questions related to accounting, cas application
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Q1. Depending on the role?
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Q1. General Discussion
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Q1. Previous work experience
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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
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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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Basic Accounting questions and analytical questions

Q1. Journal entries, Accrualss, Deferred revenue
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Q2. What is deferred revenue
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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. Do you know about Sap & excel?
Ans. 
Yes, I am familiar with both SAP and Excel.
• I have experience using SAP for inventory management and financial reporting.

• I am proficient in Excel for data analysis and reporting.

• I have used Excel to create pivot tables, charts, and graphs for presentations.

• I have also used SAP and Excel together to extract and analyze data for business insights.
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Q2. Which do you know module of Sap?
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I have knowledge of multiple modules in SAP including MM, SD, FI, and CO.
• I have experience in Material Management (MM) module which deals with procurement and inventory management.

• I also have knowledge of Sales and Distribution (SD) module which deals with sales and order processing.

• I am familiar with Financial Accounting (FI) and Controlling (CO) modules which deal with financial management and reporting.

• I have worked...read more
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Q1. What key factors to use for effective budget
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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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