Lava International Distribution Manager Interview Questions and Answers for Experienced

The interviewee is asked about methods, treatment, advance tax dates, rent, discounting rate, changes in schedule III, and warranty treatment.

• IND AS 115 outlines the revenue recognition principles for contracts with customers

• IND AS 116 outlines the accounting treatment for leases

• Advance tax dates are the dates by which taxpayers must pay a certain percentage of their estimated tax liability

• Under IND AS 116, rent is rec...read more

Compressors in VCRs are used to compress the refrigerant gas, increasing its pressure and temperature for efficient heat transfer.

• Compressors help in maintaining the desired temperature inside the VCR by compressing the refrigerant gas.

• They increase the pressure and temperature of the refrigerant gas, making it easier to transfer heat.

• Compressors play a crucial role in the cooling process of VCRs by circulating the ref...read more

By setting clear goals, prioritizing tasks, utilizing resources efficiently, and seeking guidance when needed.

• Set clear goals and priorities for each day

• Utilize resources efficiently to maximize productivity

• Seek guidance from experienced team members or supervisors when needed

• Stay organized and focused on tasks at hand

• Regularly assess progress and make adjustments as needed