Isha Resources Accounts Manager Interview Questions, Process, and Tips

LC process refers to Letter of Credit process, which is a financial document used in international trade.

• LC process involves a buyer, a seller, and a bank.

• The buyer requests the bank to issue a Letter of Credit in favor of the seller.

• The bank guarantees payment to the seller upon the submission of required documents.

• The seller ships the goods and provides the necessary documents to the bank.

• The bank verifies the docume...read more

BG process refers to the background process, which is a computer process that runs in the background without user interaction.

• BG process runs in the background without user interaction

• It performs tasks such as system maintenance, file indexing, and data synchronization

• Examples of BG processes include antivirus scans, software updates, and automatic backups

The export process involves the procedures and documentation required to legally and efficiently transport goods or services from one country to another.

• Research and identify target markets

• Obtain necessary export licenses and permits

• Prepare and package goods for export

• Complete export documentation, such as commercial invoices and shipping documents

• Arrange transportation and logistics

• Comply with customs regulations and ...read more

Intangible assets are non-physical assets that have no physical substance but hold value for a company.

• Intangible assets are long-term assets that lack physical presence.

• They are not easily converted into cash.

• Examples include patents, trademarks, copyrights, brand recognition, and goodwill.

• Intangible assets are typically recorded on a company's balance sheet.

• They can be acquired through purchase, development, or legal

OCC loan stands for Office of the Comptroller of the Currency loan.

• OCC loan is a type of loan that is regulated and supervised by the Office of the Comptroller of the Currency (OCC).

• The OCC is an independent bureau within the U.S. Department of the Treasury.

• OCC loans are typically offered by national banks and federal savings associations.

• These loans are subject to specific guidelines and regulations set by the OCC.

• The...read more