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IBM
Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards
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Accruals refer to expenses that have been incurred but not yet paid for.
Accruals are used to match expenses with revenues in the same accounting period.
They are recorded as liabilities on the balance sheet until they are paid.
Examples include accrued salaries, interest, and taxes.
Accruals help provide a more accurate representation of a company's financial position.
Provisions are funds set aside for future expenses or losses.
Provisions are typically made to cover potential future liabilities or expenses.
They are recorded as a liability on the balance sheet until they are utilized.
Examples of provisions include warranty provisions, bad debt provisions, and restructuring provisions.
Prepayment is a payment made before the actual due date of an invoice or bill.
Prepayment helps in ensuring timely payment and can sometimes lead to discounts.
It is common in industries like real estate, where tenants may prepay rent for a few months.
Prepayment can also refer to paying for goods or services in advance before receiving them.
I applied via Walk-in and was interviewed before Sep 2023. There were 3 interview rounds.
About company information
I applied via Walk-in and was interviewed before Nov 2022. There were 4 interview rounds.
Asked me some codes technically, and developed small webpage using code by own
During assignments coding were checked and published tested
I applied via Recruitment Consulltant and was interviewed before Aug 2022. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in Jan 2024. There was 1 interview round.
Decent Questions were asked, moderate level
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I applied via Naukri.com and was interviewed in Aug 2023. There were 2 interview rounds.
I applied via Company Website
I applied via Naukri.com and was interviewed in Jun 2022. There were 2 interview rounds.
There were normal questions like some maths to some English tests.
based on 1 interview
Interview experience
based on 5 reviews
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