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I applied via Approached by Company and was interviewed in Mar 2024. There was 1 interview round.
Buyer credit is credit extended to the buyer by a financial institution, while supplier credit is credit extended to the buyer by the supplier.
Buyer credit involves a financial institution providing credit to the buyer to make a purchase, while supplier credit involves the supplier offering credit terms to the buyer.
Buyer credit typically involves lower interest rates compared to supplier credit.
Buyer credit may involv...
LC or BG stands for Letter of Credit or Bank Guarantee, commonly used in international trade to ensure payment or performance.
LC is a financial document issued by a bank to guarantee payment to a seller upon presentation of documents confirming shipment of goods.
BG is a promise from a bank to cover a buyer's payment to a seller if the buyer fails to fulfill the terms of a contract.
Both LC and BG provide security for tr...
I applied via Recruitment Consulltant and was interviewed before Jun 2022. There were 2 interview rounds.
I applied via Walk-in and was interviewed in Aug 2024. There was 1 interview round.
Key financial ratios for liquidity include current ratio, quick ratio, and cash ratio.
Current ratio: measures a company's ability to pay off short-term liabilities with its current assets
Quick ratio: similar to current ratio but excludes inventory from current assets
Cash ratio: measures a company's ability to cover short-term liabilities with cash and cash equivalents
Working capital is crucial for steel companies to manage day-to-day operations, including purchasing raw materials and paying suppliers.
Working capital is the difference between current assets and current liabilities.
Steel companies need sufficient working capital to fund operations and maintain liquidity.
Factors affecting working capital in steel industry include raw material prices, demand fluctuations, and productio...
I applied via Referral and was interviewed in Feb 2024. There was 1 interview round.
posted on 24 Jan 2025
I was interviewed before Jan 2024.
posted on 10 Dec 2020
Maintaining GRIR & SRIR involves regular monitoring, reconciling accounts, and addressing discrepancies promptly.
Regularly monitor GRIR & SRIR accounts to identify discrepancies
Reconcile accounts on a regular basis to ensure accuracy
Address any discrepancies promptly to prevent further issues
Ensure proper documentation and communication with relevant stakeholders
Implement internal controls to prevent future discrepanci
Processing miro and payment involves verifying invoices, recording transactions, and issuing payments.
Verify the accuracy of the invoice details
Record the transaction in the accounting system
Obtain necessary approvals for payment
Issue payment through the chosen payment method
Maintain proper documentation for audit purposes
Capitalized assets are long-term assets that are recorded on a company's balance sheet and are depreciated over time.
Capitalized assets are recorded as an asset on the balance sheet and are depreciated over their useful life.
These assets are expected to provide benefits to the company for more than one year.
Examples of capitalized assets include buildings, equipment, and vehicles.
Capitalizing an asset allows a company ...
I applied via Approached by Company and was interviewed in Mar 2024. There was 1 interview round.
Buyer credit is credit extended to the buyer by a financial institution, while supplier credit is credit extended to the buyer by the supplier.
Buyer credit involves a financial institution providing credit to the buyer to make a purchase, while supplier credit involves the supplier offering credit terms to the buyer.
Buyer credit typically involves lower interest rates compared to supplier credit.
Buyer credit may involv...
LC or BG stands for Letter of Credit or Bank Guarantee, commonly used in international trade to ensure payment or performance.
LC is a financial document issued by a bank to guarantee payment to a seller upon presentation of documents confirming shipment of goods.
BG is a promise from a bank to cover a buyer's payment to a seller if the buyer fails to fulfill the terms of a contract.
Both LC and BG provide security for tr...
I applied via Recruitment Consulltant and was interviewed before Jun 2022. There were 2 interview rounds.
posted on 3 Oct 2023
I applied via Naukri.com and was interviewed before Oct 2022. There were 2 interview rounds.
based on 1 interview
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