Mk Enterprises Accounts Payable Associate Interview Questions and Answers

AP, P2P CYCLE refers to the accounts payable and procure-to-pay cycle in financial management.

• AP stands for Accounts Payable, which is a department responsible for managing and processing payments to vendors and suppliers.

• P2P stands for Procure-to-Pay, which is the process of purchasing goods or services from suppliers and paying for them.

• The AP, P2P cycle involves various steps such as invoice processing, purchase ord...read more