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IBM
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Two-way and three-way matching are procurement processes ensuring accuracy in invoices and payments.
Two-way matching involves comparing the purchase order and the invoice.
Example: If a company orders 100 units of a product, the invoice should reflect that quantity.
Three-way matching adds a third document, the receiving report, to the comparison.
Example: In three-way matching, the purchase order, invoice, and delivery r...
I applied via Walk-in and was interviewed in Aug 2023. There was 1 interview round.
I applied via Company Website and was interviewed before Apr 2023. There were 2 interview rounds.
I am a detail-oriented process analyst with a strong background in data analysis and process improvement.
Experienced in analyzing and optimizing business processes to increase efficiency
Skilled in using data analysis tools such as Excel, SQL, and Tableau
Strong communication skills to collaborate with cross-functional teams
Certified in Lean Six Sigma for process improvement
Previous experience in identifying bottlenecks
Golden rules of Accounting are basic principles that guide the process of recording financial transactions.
Debit the receiver, credit the giver
Debit what comes in, credit what goes out
Debit expenses and losses, credit income and gains
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Capital market is a platform where long-term securities are traded between investors and issuers.
It is a market for buying and selling of long-term securities such as stocks, bonds, and debentures.
It provides a platform for companies to raise capital by issuing securities to investors.
It helps in the efficient allocation of capital by directing savings towards productive investments.
Examples include stock exchanges lik...
Debentures are a type of debt instrument issued by companies to raise funds from the public.
Debentures are unsecured bonds that offer a fixed rate of interest to investors.
They are issued by companies to raise long-term funds from the public.
Debenture holders do not have any ownership rights in the company.
They are usually listed on stock exchanges and can be traded like stocks.
Examples of companies that issue debentur...
I applied via Approached by Company and was interviewed before Apr 2021. There were 3 interview rounds.
I applied via Campus Placement and was interviewed in Jan 2021. There were 3 interview rounds.
The Golden rule of accounting is to debit the receiver and credit the giver.
It is a fundamental principle of accounting.
It is used to record transactions in the correct way.
It ensures that the accounting equation remains balanced.
For example, when a company receives cash, it debits cash and credits the account that provided the cash.
It is also known as the principle of reciprocity.
I applied via Campus Placement and was interviewed before Nov 2019. There were 4 interview rounds.
Current ratio includes all current assets, while quick ratio only includes liquid assets.
Current ratio measures a company's ability to pay off its current liabilities with its current assets.
Quick ratio is a more conservative measure of liquidity, as it only includes assets that can be quickly converted to cash.
Current ratio formula: Current assets / Current liabilities
Quick ratio formula: (Current assets - Inventory) ...
A software company incurs various costs including development, marketing, infrastructure, and maintenance.
Development costs for creating and updating software
Marketing costs for promoting the software
Infrastructure costs for hosting and maintaining servers
Maintenance costs for fixing bugs and providing customer support
I applied via Walk-in and was interviewed before Mar 2021. There were 3 interview rounds.
Basic grammer test, Basic maths questions up to standard 10th, Aptitude knowledge also related to image , mirror , time , graph just like IQ test
based on 5 interviews
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based on 23 reviews
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