Megsan Pharmacy Pharmacy Assistant Interview Questions and Answers

Q1. Process to pay cycle
Ans. 
The process to pay cycle involves the steps taken to initiate, authorize, and complete a payment.
• The process begins with the initiation of a payment request.

• The request is then authorized by the appropriate parties.

• Once authorized, the payment is processed and completed.

• The cycle may involve multiple steps and parties depending on the payment method and system used.

• Examples include electronic fund transfers, credit car
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Q2. Reconciliation and query
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Q1. About previous work experience
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Q1. Tell me about Debit credit golden rules
Ans. 
Debit credit golden rules are principles that guide the recording of financial transactions in accounting.
• Debit the receiver, credit the giver: When an asset is received, it is debited, and when an asset is given, it is credited.

• Debit what comes in, credit what goes out: When there is an increase in assets, it is debited, and when there is a decrease in assets, it is credited.

• Debit expenses and losses, credit income an...read more
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Q2. Tell me Purchases comes under which account , Purchase returns like wise Sales account and Sales Returns account
Ans. Purchases shows-Debit balance & Purchase Returns credit balance simultaneously Sales - Credit balance & Sales Returns- Debit balance.
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Q1. Are you comfortable to relocate to Vizag
Ans. Yes, As its my home town I am comfortable to relocate to vizag
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Q1. Tell me something about yourself.
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Q2. They didn't asked much questions as i was fresher. Since it was an accounting job, they asked a few questions about accounting.
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Q1. Floor manager took the interview and asked general terms for accounting questions. They basically checks if the candidate have willingness to learn even if you couldn't answer to their questions correctly.
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Its about word test have to remove the word from 2 words

One-by-one asking about questions

About the knowledge of company

Q1. Loyalty to company, seniors and how the company is big or small make company profitable.
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Q2. How to make company profits and increases shares???
Ans. 
To increase company profits and shares, focus on increasing revenue, reducing costs, and improving operational efficiency.
• Implement effective marketing strategies to attract more customers and increase sales.

• Identify and capitalize on new business opportunities and markets.

• Streamline operations and reduce unnecessary expenses.

• Invest in research and development to innovate and stay ahead of competitors.

• Improve customer ...read more
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