Onaya Billing Executive and Accountant Interview Questions and Answers

The Golden rule of accounting is to debit the receiver and credit the giver.

• It is a fundamental principle of accounting.

• It is used to record transactions in the correct way.

• It ensures that the accounting equation remains balanced.

• For example, when a company receives cash, it debits cash and credits the account that provided the cash.

• It is also known as the principle of reciprocity.

BPO stands for Business Process Outsourcing. It involves contracting a third-party service provider to handle specific business processes.

• BPO is a cost-effective way for companies to outsource non-core business functions such as customer service, data entry, and accounting.

• BPO providers are typically located in countries with lower labor costs, such as India and the Philippines.

• BPO services can be categorized into back...read more

I will listen to their concerns, empathize with them, and offer a solution to their problem.

• Listen actively to their complaints

• Empathize with their situation

• Apologize for any inconvenience caused

• Offer a solution to their problem

• Follow up to ensure their satisfaction

Price-to-earnings (P/E) ratio is used to evaluate the share.

• P/E ratio compares the current market price of a share to its earnings per share (EPS).

• It helps investors determine if a stock is overvalued or undervalued.

• A high P/E ratio may indicate that the stock is overvalued, while a low P/E ratio may indicate that the stock is undervalued.

• For example, if a company has a P/E ratio of 20, it means that investors are will...read more