MNC AUTOMATION Assistant Manager Interview Questions and Answers

Q1. Basic questions like tell me about yourself
Add your answer

It was easy one and the questions were related to AR

Q1. It was a lengthy interview
Add your answer

Q1. It was just to discuss the salary
Add your answer

Q1. Tell me about your current process and your roll?
Add your answer
Q2. Wha do you know about Intercompany?
Ans. 
Intercompany refers to transactions that occur between two or more entities within the same company or corporate group.
• Intercompany transactions are common in multinational corporations to transfer goods, services, or funds between subsidiaries.

• These transactions must be recorded accurately to ensure proper financial reporting and compliance with tax regulations.

• Intercompany eliminations are necessary to avoid double c...read more
Answered by AI
Add your answer
Q3. What kind of variance do you see while doing Intercompany reconciliation?
Ans. 
Variances in Intercompany reconciliation can arise due to differences in accounting methods, timing of transactions, currency exchange rates, and intercompany agreements.
• Differences in accounting methods used by different entities within the same company

• Timing discrepancies in recording transactions between intercompany entities

• Currency exchange rate fluctuations affecting the value of intercompany transactions

• Lack of ...read more
Answered by AI
Add your answer
Q4. Wha is purchase and sale JE?
Ans. 
Purchase and sale JE refers to the journal entries made to record the purchase and sale of goods or services in a business.
• Purchase JE records the purchase of goods or services, typically debiting an inventory account and crediting accounts payable.

• Sale JE records the sale of goods or services, typically debiting accounts receivable and crediting sales revenue.

• These journal entries are essential for accurately tracking...read more
Answered by AI
Add your answer
Q5. Is Stock in transit record in BS?
Ans. 
Yes, stock in transit is recorded in the balance sheet.
• Stock in transit is considered as part of inventory and is recorded in the balance sheet under current assets.

• It represents goods that have been shipped but have not yet reached their final destination.

• The value of stock in transit is included in the total inventory value on the balance sheet.
Answered by AI
Add your answer
Q6. Why do you want to change you current company?
Add your answer
Q7. What type of ERP do you have worked previously?
Ans. 
I have worked with SAP ERP in my previous role as Assistant Manager.
• Implemented SAP ERP system to streamline business processes

• Trained team members on how to use SAP ERP for inventory management

• Generated reports and analyzed data using SAP ERP

• Collaborated with IT department to customize SAP ERP to meet specific business needs
Answered by AI
Add your answer

Q1. Related to work profile
Add your answer

Q1. Practical question related to work
Add your answer

Q1. Salary discussions and HR general questions. Why you wanna join?
Add your answer

Q1. Collection related questions
Add your answer

Q1. It's was very hard to crack the second round
Add your answer

Q1. General discussion regarding salary
Add your answer

Q1. Related to my work experience
Add your answer
Q2. Personal questions like i am comfortable in shift , i can relocate
Add your answer

Its more like versant round

Q1. Senerio based questions as per the process. Brief about yourself.
Add your answer

Q1. Full form of DSO
Ans. 
Days Sales Outstanding
• DSO is a financial metric used to measure the average number of days a company takes to collect revenue after a sale.

• It is calculated by dividing accounts receivable by total credit sales and multiplying by the number of days in the period.

• A lower DSO indicates that a company is collecting payments more quickly, while a higher DSO may indicate potential cash flow issues.
Answered by AI
Add your answer

Grammatical test based on correction of sentences