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Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not recorded in the financial statements but disclosed in the footnotes.
They are dependent on a future event occurring or not occurring.
Examples include pending lawsuits, warranties, and guarantees.
Companies must assess the likelihood of the contingent liability occurring a
During invoice processing, it is important to consider accuracy, completeness, and timeliness.
Ensure all necessary information is included on the invoice
Verify the accuracy of the amounts and calculations
Match the invoice to the corresponding purchase order or contract
Ensure timely processing to avoid late payment fees or missed discounts
I applied via Naukri.com and was interviewed before Feb 2020. There were 3 interview rounds.
I applied via Job Fair and was interviewed before Jun 2022. There were 5 interview rounds.
I was interviewed in Feb 2023.
Procurement process involves identifying needs, selecting suppliers, negotiating contracts, and managing relationships.
Identify needs and requirements
Research and select potential suppliers
Negotiate terms and conditions
Create and sign contracts
Manage supplier relationships and performance
Monitor and evaluate procurement process effectiveness
Integrity with internal stakeholders is crucial for building trust and maintaining a positive work environment.
Communicate openly and honestly with colleagues and superiors
Respect confidentiality and avoid gossip or spreading rumors
Follow through on commitments and hold yourself accountable
Act with fairness and impartiality in decision-making
Admit mistakes and take responsibility for correcting them
Lead by example and
I applied via Approached by Company and was interviewed in Jul 2024. There was 1 interview round.
HRG stands for Human Resource Group while LRG stands for Large Retail Group.
HRG focuses on managing human resources within an organization
LRG focuses on managing a large retail business
HRG deals with employee relations, recruitment, training, and development
LRG deals with sales, inventory management, customer service, and marketing
Transformer sizing involves calculating the appropriate size of a transformer based on load requirements.
Determine the total load requirements in kVA
Consider the load factor and diversity factor
Calculate the transformer size based on the total load requirements
Ensure the transformer is rated for the appropriate voltage and frequency
Consult with a professional engineer if needed
Designing a floating head assembly involves considering various factors such as material selection, sealing mechanisms, and thermal expansion.
Select appropriate materials for the floating head assembly based on the application requirements.
Design effective sealing mechanisms to prevent leakage and ensure proper functioning.
Consider thermal expansion and contraction to accommodate temperature variations.
Ensure proper al...
H2S service for pressure vessel refers to the use of hydrogen sulfide in a pressure vessel.
H2S service involves the handling and containment of hydrogen sulfide gas in a pressure vessel.
Pressure vessels used in H2S service must be designed and constructed to withstand the corrosive effects of hydrogen sulfide.
Special materials and coatings may be required to prevent hydrogen sulfide from corroding the pressure vessel.
R...
Gaskets are mechanical seals used to prevent leakage between two surfaces. There are various types of gaskets available.
Sheet gaskets
Spiral wound gaskets
Ring gaskets
Metallic gaskets
Rubber gaskets
Cork gaskets
Non-asbestos gaskets
based on 1 interview
Interview experience
Process Engineer
14
salaries
| ₹0 L/yr - ₹0 L/yr |
Senior Process Engineer
12
salaries
| ₹0 L/yr - ₹0 L/yr |
Process Engineer 3
7
salaries
| ₹0 L/yr - ₹0 L/yr |
Process Engineer 2
6
salaries
| ₹0 L/yr - ₹0 L/yr |
Accountant
4
salaries
| ₹0 L/yr - ₹0 L/yr |
Thermax Limited
Toyo Engineering
Jacobs Engineering Group
Fluor Corporation