IHC Parts & Services Senior Buyer Interview Questions and Answers

Q1. Technical questions about the previous experience
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Q1. Scenario based test
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Q1. Questions on experience based on resume
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Q1. Scenario based test
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Q1. Work experience, excel knowledge macros, jba
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Test will be easy mode and it is based on our talent technique you can easily complete the test.
In Rond 2Technical round you need to be confident on yourself

Q1. Why you have choosen this company as a fresher? And:-As a fresher I need start my carrer with the MNC company like Genpact so I have choose this company to work.
Ans. As a fresher indeed to start my carrier with the good communication skills with MNC company like Genpact. I knew that I can learn more things from Genpact so I have choosen to work.
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Q1. How much you are expecting your salary
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Q1. Tell us about current job nature
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Q2. Zero based costing
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Q3. Current market prices
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Market prices are currently fluctuating due to various factors such as supply and demand, economic conditions, and geopolitical events.
• Market prices are influenced by supply and demand dynamics

• Economic conditions, such as inflation rates and interest rates, can impact market prices

• Geopolitical events, like trade wars or natural disasters, can cause price fluctuations

• Examples: Oil prices are affected by OPEC decisions a...read more
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Q1. General tell me about yourself and salary expectations
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Q1. P2P cycle explanation
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P2P cycle is the process of procuring goods or services from a supplier and paying for them.
• The cycle starts with identifying the need for a product or service

• Then, a purchase requisition is created and sent to the procurement team

• The procurement team selects a supplier and creates a purchase order

• The supplier delivers the goods or services and sends an invoice

• The invoice is matched with the purchase order and goods re...read more
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Q2. AP gl entries for all 3
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AP GL entries refer to the accounting entries made in the accounts payable general ledger for all three categories.
• AP GL entries are made for all three categories: goods, services, and expenses.

• These entries are made to record the financial transactions related to accounts payable.

• Examples of AP GL entries include recording the receipt of an invoice, recording the payment of an invoice, and recording any adjustments ma
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