ITC Infotech Interview Questions, Process, and Tips

System bootup issues can be caused by hardware or software problems.

• Check for loose connections or faulty hardware components

• Verify BIOS settings and ensure correct boot order

• Scan for malware or corrupted system files

• Try booting into safe mode to troubleshoot software conflicts

P2P cycle involves procurement of goods/services, approval, receipt, invoice processing, and payment.

• P2P cycle starts with requisition for goods/services

• Approval process follows to ensure compliance

• Goods/services received and invoice processed for payment

• Accounting entries include debit to expense account and credit to accounts payable

The O2C cycle involves the process of receiving and fulfilling customer orders, invoicing, and receiving payment.

• Order is received from customer

• Order is processed and goods/services are delivered

• Invoice is generated and sent to customer

• Payment is received and recorded in accounts

The assets cycle involves accounting entries related to the acquisition, utilization, and disposal of assets. Depreciation key and area are used to calculate and allocate depreciation expenses.

• Assets cycle involves acquiring, using, and disposing of assets.

• Accounting entries include recording asset acquisition, depreciation, and disposal.

• Depreciation key is used to determine the method and rate of depreciation for an a...read more