PETROJET Interview Questions, Process, and Tips for Experienced

Q1. First of all you should be experienced, minimum of 2 years of experience is required for this position for a good salary.
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Q2. Prepare yourself with a good knowledge of invoice, important thing which should be mentioned in invoice. Learn what is unbilled and accrual accounting and data. Gold rules of accounting. Credit note and ty...read more
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Q3. What is unbilled data or accrual data? Why it important to clear unbilled data?
Ans. 
Unbilled data or accrual data refers to revenue that has been earned but not yet billed to the customer.
• Unbilled data is a common term used in accounting to describe revenue that has been recognized but not yet invoiced.

• Accrual data refers to expenses that have been incurred but not yet recorded in the accounting system.

• Clearing unbilled data is important to ensure accurate financial reporting and to prevent revenue le...read more
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Q4. What is cash forecast and what are the golden rules of accounting?
Ans. 
Cash forecast is a projection of future cash inflows and outflows. Golden rules of accounting are basic principles to maintain accurate financial records.
• Cash forecast helps in managing cash flow and planning for future expenses.

• Golden rules of accounting are: debit the receiver, credit the giver; debit what comes in, credit what goes out; and debit expenses and losses, credit income and gains.

• These rules ensure accura...read more
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Q5. What is a credit note, why do we use credit notes any five points in invoice where we have to use credit notes?
Ans. 
A credit note is a document issued by a seller to a buyer, indicating that a certain amount has been credited back to the buyer's account.
• Credit notes are used to correct errors in invoices.

• They are also used to adjust the amount owed by a customer.

• Credit notes can be issued for returned goods or cancelled services.

• They can also be used to give a discount or refund to a customer.

• Credit notes are important for maintaini
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Q6. What is a payment term and what is a credit period?
Ans. 
Payment term is the time period within which a customer is required to pay for goods or services. Credit period is the time period for which a customer is allowed to delay payment.
• Payment term is agreed upon by the seller and buyer during a transaction.

• It can be expressed in days, weeks, or months.

• For example, a payment term of 30 days means the customer must pay within 30 days of receiving the invoice.

• Credit period is...read more
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Q1. Introduce yourself, tell something about your profile in your organisation.
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Q2. Why do you want to leave your current company and why do you want to join Wood groups?
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Q1. Item rate based questions
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Q1. Salary expectation and documents
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Q2. If you how many salary expectation
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Basic Mechanical Engineering, welding, GD n T etc

Q1. 1. Current job details 2. Engineering fundamentals 3. GD n T 4. Welding knowledge 5. Problem Solving skills
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Q2. 1. What are different kinds of weld and its applications. 2. What is stress, strain, torque, buoyancy etc
Ans. 
1. Different types of welds and their applications. 2. Stress, strain, torque, buoyancy, etc.
• Different types of welds include butt welds, fillet welds, lap welds, etc.

• Butt welds are used to join two pieces of metal together end-to-end, while fillet welds are used to join two pieces of metal together at right angles.

• Lap welds are used to join two pieces of metal together that overlap each other.

• Stress is the force per u...read more
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Solidworks Model test

Q1. What parameters would you consider while designing MSB.
Ans. 
Parameters considered while designing MSB.
• Load capacity

• Material selection

• Safety factors

• Environmental conditions

• Ease of maintenance
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Q1. Why do you want to join Ramboll
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Q1. How and why do we accrue the expenses, deferred revenue and reconciliation related questions.
Ans. 
Accruing expenses, deferred revenue, and reconciliation are important for accurate financial reporting.
• Accruing expenses involves recognizing expenses that have been incurred but not yet paid.

• Deferred revenue is recognized when payment has been received but the revenue has not yet been earned.

• Reconciliation ensures that the financial records are accurate and match with external sources.

• Accruing expenses and deferred re...read more
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Q1. Work experience related and also related to the requirements.
Ans. Be a good listener and answer only to what they questioned. Give example of scenarios and entries.
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