MNC AUTOMATION Accountant Interview Questions and Answers

Q1. What is P2P cycle
Ans. 
P2P cycle stands for Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.
• P2P cycle starts with the requisition of goods or services by a department within a company.

• The purchase order is then created and sent to the vendor for approval.

• Upon receiving the goods or services, the invoice is generated and matched with the purchase order and receipt.

• Finally, payment is made to the vendo...read more
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Q2. Po non po invoice difference
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PO non-PO invoice difference refers to the distinction between purchase order and non-purchase order invoices.
• PO invoices are based on a purchase order issued by the buyer to the seller, while non-PO invoices are not linked to a specific purchase order.

• PO invoices are typically pre-approved and have a set budget, while non-PO invoices may require additional approval processes.

• PO invoices help track and manage expenses ...read more
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Q1. Basic questions about resume
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The aptitude test is beneficial and somewhat easy.

The coding test was both successful and somewhat challenging.

Group discussions are highly beneficial.

Q1. What is the concept of Object-Oriented Programming (OOP) in Python?
Ans. 
Object-Oriented Programming (OOP) in Python is a programming paradigm based on objects and classes to structure code effectively.
• Encapsulation: Bundling data and methods that operate on the data within one unit (class). Example: class Dog with attributes and methods.

• Inheritance: Mechanism to create a new class using properties of an existing class. Example: class Bulldog inherits from class Dog.

• Polymorphism: Ability to...read more
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Q2. What can you tell me about machine learning algorithms?
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Machine learning algorithms enable computers to learn from data and make predictions or decisions without explicit programming.
• Supervised Learning: Algorithms learn from labeled data. Example: Linear Regression for predicting house prices.

• Unsupervised Learning: Algorithms identify patterns in unlabeled data. Example: K-Means Clustering for customer segmentation.

• Reinforcement Learning: Algorithms learn by interacting wi...read more
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Q1. Can you tell me about yourself?
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Q2. What makes you a suitable candidate for this position?
Ans. 
I possess a blend of relevant skills, experience, and a strong commitment to contributing positively to your team.
• Strong analytical skills: In my previous role, I successfully analyzed market trends to improve product positioning.

• Team collaboration: I led a project team that increased efficiency by 20% through effective communication and delegation.

• Adaptability: I quickly learned new software tools that enhanced our wo...read more
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Genaral awareness, reasoning

Q1. Qualification and Working experience
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Q2. General questions about you
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Q1. What is PLC, scope of industrial automation.
Ans. 
PLC stands for Programmable Logic Controller. Industrial automation involves using PLCs to control machinery and processes in manufacturing.
• PLCs are specialized computers used to control industrial processes and machinery.

• They are programmed using ladder logic or other programming languages to automate tasks.

• PLCs can be used in various industries such as manufacturing, automotive, food processing, and more.

• Industrial a...read more
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Q2. Program of conveyor start stop and cascade logic.
Ans. 
Conveyor start stop and cascade logic involves programming the sequence of starting and stopping multiple conveyors in a specific order.
• Use PLC programming to control the start and stop sequence of conveyors

• Implement interlocking logic to ensure safe operation of conveyors

• Utilize sensors to detect the presence of objects on the conveyor for automatic start/stop

• Create a cascade logic to ensure smooth transition between ...read more
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Q1. Salary negotiation and offer.
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Q1. Give me your Introduction
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Q2. What is your Job profile
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Q1. What is your job profile
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Q2. How you handle the situation
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