Prgx India Analyst II Interview Questions and Answers

Q1. What is the accrual process, and can you provide an example?
Ans. 
Accrual process is a method of recognizing revenues and expenses when they are incurred, regardless of when cash is exchanged.
• Accrual process involves recording revenues and expenses in the period they are earned or incurred, regardless of when cash is received or paid.

• This method provides a more accurate representation of a company's financial position and performance.

• For example, if a company provides services in Dec...read more
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Q2. What is the prepaid process and how does it impact the profit and loss statement?
Ans. 
Prepaid process involves receiving payment for goods or services before they are delivered, impacting profit and loss statement by deferring revenue recognition.
• Prepaid process involves receiving payment in advance for goods or services.

• Revenue from prepaid items is recognized gradually over time as the goods or services are delivered.

• Prepaid expenses are recorded as assets on the balance sheet until they are used or e...read more
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Q1. Explain p2p process
Ans. 
P2P process stands for procure-to-pay process, which involves the steps from requisition to payment for goods or services.
• Requisition: Requesting the purchase of goods or services

• Purchase Order: Formal document outlining the details of the purchase

• Receipt of Goods/Services: Confirming delivery and quality

• Invoice Processing: Verifying the invoice against the purchase order and receipt

• Payment: Issuing payment to the vend
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Q2. Sap related questions
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Q1. Tell me about yourself
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Q2. What is book keeping
Ans. 
Bookkeeping is the process of recording and organizing financial transactions of a business.
• Bookkeeping involves recording all financial transactions, such as sales, purchases, and expenses.

• It helps in maintaining accurate financial records and tracking the financial health of a business.

• Bookkeeping includes tasks like recording transactions in journals, posting entries to ledgers, and preparing financial statements.

• It...read more
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Q3. Are you comforatble to travel to Wazirpur
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Q4. Are you ok with 11am shift
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Q5. What is accounting
Ans. 
Accounting is the process of recording, summarizing, and analyzing financial transactions of a business.
• Accounting involves the systematic recording of financial transactions.

• It includes summarizing and organizing financial data into financial statements.

• Accounting also involves analyzing financial information to provide insights and make informed decisions.

• Examples of accounting activities include bookkeeping, prepari...read more
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Two online tests - one related to math skills the other physiological

Q1. Tell me about your self?
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Q2. How did you cope in a stressful situation
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Acconting Related Question such as Purchase entries, Sales Entries, Basic Accounting

Aptitude Questions, Numerical Ability Questions, Non-Verble reasoning Questions

Q1. HR Round- Myself, Company Overview, Asking about challenges in current job
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Q1. Techical Round- Myself, Journal Entries, how to prepare financials
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Q1. Current Job Role, Accounting Questions , Streanth, Challanges in current job
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Good, based on accounting and taxation

Q1. Indian basic taxation
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General accounting question and mental ability

Q1. One to one question about previous work details
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Q1. Final round with senior manager
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