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I applied via Company Website and was interviewed in May 2021. There were 3 interview rounds.
Closing stock is the value of unsold goods at the end of an accounting period.
Closing stock is an asset on the balance sheet.
It represents the value of inventory that remains unsold.
The value of closing stock is determined using either the cost or net realizable value, whichever is lower.
Closing stock is recorded as an expense in the income statement.
It is deducted from the cost of goods sold to calculate the gross pro...
Revenue recognition in contract refers to the process of accounting for revenue earned from a contract.
Revenue is recognized when it is earned and can be reliably measured.
The revenue recognition method used depends on the type of contract and the nature of the business.
Common methods include percentage of completion, completed contract, and installment sales.
Revenue recognition can have a significant impact on financi...
Degree of completion method is a technique used in accounting to recognize revenue and expenses based on the percentage of completion of a project.
Revenue and expenses are recognized based on the percentage of completion of a project
This method is commonly used in construction and real estate industries
It requires estimation of the percentage of completion of the project
It helps in providing a more accurate picture of
Electronics and communication.
I applied via Job Fair and was interviewed before Jan 2024. There was 1 interview round.
I applied via Approached by Company and was interviewed in Nov 2022. There were 2 interview rounds.
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I applied via Campus Placement and was interviewed before May 2020. There were 3 interview rounds.
BEP is the point where total cost equals total revenue, resulting in zero profit or loss.
BEP is a financial concept used to determine the minimum amount of sales needed to cover all costs.
It is calculated by dividing fixed costs by the contribution margin per unit.
The contribution margin is the difference between the selling price and variable costs per unit.
BEP can be used to make pricing decisions, determine producti...
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I applied via Recruitment Consultant and was interviewed before Aug 2020. There was 1 interview round.
I applied via Naukri.com and was interviewed before Dec 2019. There was 1 interview round.
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