MOIL Relationship Executive Interview Questions and Answers

Q1. What tools are you using for purchase
Ans. 
I use various tools for purchase such as procurement software, vendor management systems, and e-procurement platforms.
• Procurement software

• Vendor management systems

• E-procurement platforms
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Q2. Brife introduction of your role
Ans. 
As an Associate, my role involves supporting senior team members, conducting research, analyzing data, and assisting with project management.
• Supporting senior team members in various tasks

• Conducting research and gathering data for projects

• Analyzing data to provide insights and recommendations

• Assisting with project management tasks such as scheduling and coordination
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Q1. Introduction, Last work experience
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Q2. How much you except in salary
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Direct through campus placement and group discussion.

Q1. All the studies related concepts were aksed
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Q2. About COST ACCOUNTING STANDARDS
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Q1. Self introduction
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Q2. About Experience
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Q1. About yourself and accounting questions
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Q1. Accounting questions
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Q2. Basic accounting
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Q3. TDS sections checking Points of Vendor invoice
Ans. 
TDS sections in vendor invoices must be checked for accuracy and compliance.
• Verify if TDS has been deducted as per the correct section of the Income Tax Act

• Check if the TDS rate applied is accurate based on the nature of payment

• Ensure that the TDS amount deducted is correctly mentioned on the invoice

• Confirm that the TDS amount has been deposited to the government within the specified timeline
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Q4. GST intra and inter state
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Q1. Tell me about yourself
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Q2. What are your strenths
Ans. 
My strengths include strong analytical skills, attention to detail, and excellent communication abilities.
• Strong analytical skills - able to analyze complex financial data and identify trends

• Attention to detail - meticulous in reviewing financial reports and ensuring accuracy

• Excellent communication abilities - able to effectively communicate with clients and team members
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Q1. What is intercompany recharge
Ans. 
Intercompany recharge is the process of one company billing another company within the same corporate group for shared services or expenses.
• Intercompany recharges are common in multinational corporations with multiple subsidiaries.

• It helps allocate costs accurately among different entities.

• Examples include charging for IT services, rent, or administrative support provided by one subsidiary to another.
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Q2. What is Blackline reconciliation
Ans. 
Blackline reconciliation is a process used in accounting to ensure the accuracy of financial statements by comparing two sets of records.
• Blackline reconciliation involves comparing financial records from different sources to identify discrepancies or errors.

• It helps in ensuring the accuracy of financial statements and detecting any fraudulent activities.

• Automated tools like Blackline software are often used to streamli...read more
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Q3. What is your greatest acheivements
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Maths , accounts

Q1. Accounts basic were asked
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Q1. Why you want to join
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Q1. About yourself and work profile
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Q1. About Invoice processing, SAP Tcodes, About GST TDS knowledge , General Account,
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