Infinx Consultant Interview Questions and Answers

Chart of account usage refers to the organization and structure of financial accounts used to categorize transactions.

• Chart of accounts organizes financial transactions into categories for reporting and analysis

• Each account is assigned a unique code for easy identification

• Accounts are typically grouped into categories such as assets, liabilities, equity, revenue, and expenses

• Usage of chart of accounts ensures consisten

Payment scheduling in SAP refers to the process of setting up and managing payment dates for invoices or bills.

• Payment scheduling allows users to define when payments should be made to vendors or suppliers.

• Users can set up recurring payment schedules for regular payments.

• Payment scheduling helps in managing cash flow and ensuring timely payments to avoid late fees.

• SAP provides tools and functionalities to automate paym...read more

The oxygen (O2) cycle describes the movement of oxygen through the atmosphere, biosphere, and lithosphere.

• Oxygen is produced through photosynthesis by plants and algae.

• Oxygen is consumed by animals and humans during respiration.

• Oxygen is also released into the atmosphere through the process of decomposition.

• Oxygen is a key component of the Earth's atmosphere, making up about 21% of the air we breathe.