1. What is DoR 2. Difference between Factoring and Bill discounting 3. Explain O2C cycle 4. How does T&M and FP process works 5. Important KPIs in an IT industry

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DoR stands for Declaration of Readiness, which is a legal document that indicates a party's readiness to proceed with a legal action.
Factoring is a financial transaction where a company sells its accounts receivable to a third party at a discount, while bill discounting is a short-term borrowing arrangement where a company borrows money from a bank by selling its bills before the due date.
O2C cycle refers to the order-to-cash cycle, which is the process of receiving and fulfilling customer orders, invoicing the customer, and collecting payment.
T&M stands for Time and Materials, which is a billing method where the client pays for the actual time and materials used in a project, while FP stands for Fixed Price, which is a billing method where the client pays a fixed price for the entire project.
Important KPIs in an IT industry include customer satisfaction, employee satisfaction, project success rate, revenue growth, and profit margin.

1. What is DoR 2. Difference between Factoring and Bill discounting 3. Explain O2C cycle 4. How does T&M and FP process works 5. Important KPIs in an IT industry

Popular interview questions of Senior Associate Finance & Accounts

Top HR questions asked in Publicis Sapient Senior Associate Finance & Accounts

1. What is DoR 2. Difference between Factoring and Bill discounting 3. Explain O2C cycle 4. How does T&amp;M and FP process works 5. Important KPIs in an IT industry

Popular interview questions of Senior Associate Finance & Accounts

Top HR questions asked in Publicis Sapient Senior Associate Finance & Accounts

1. What is DoR 2. Difference between Factoring and Bill discounting 3. Explain O2C cycle 4. How does T&M and FP process works 5. Important KPIs in an IT industry