People's Hospital And Medical Collage & Rc Bhopal TPA Coordinator Interview Questions and Answers

Accruals are expenses incurred but not yet paid or recorded in the books.

• Accrued salaries and wages

• Accrued interest

• Accrued taxes

• Accrued rent

• Accrued utilities

• Accrued warranty expenses

The toughest decision I took was to lay off employees due to financial constraints.

• Had to analyze the financial situation of the company

• Considered various options to cut costs

• Decided to lay off employees as a last resort

• Had to communicate the decision to the affected employees

• Ensured that the process was handled with empathy and fairness

I prioritize tasks based on urgency and importance, delegate when necessary, and use time management techniques.

• Prioritize tasks based on urgency and importance

• Delegate tasks when necessary

• Use time management techniques like creating a to-do list and setting deadlines

• Break down complex tasks into smaller manageable steps

• Utilize tools and technology to streamline processes

• Communicate effectively with team members and st

I will identify the root cause, involve the team, and implement a solution to prevent future occurrences.

• Identify the problem and its root cause

• Involve the team in brainstorming solutions

• Implement a solution and monitor its effectiveness

• Document the problem and solution for future reference

IFRS has various accounting treatments, such as fair value accounting, impairment accounting, and lease accounting.

• Fair value accounting involves measuring and reporting assets and liabilities at their current market value.

• Impairment accounting involves recognizing a loss in the value of an asset that has decreased in value.

• Lease accounting involves recognizing lease payments as either operating or finance leases.

• IFRS ...read more