Filter interviews by
Top trending discussions
I applied via Referral and was interviewed before Aug 2021. There was 1 interview round.
The accounts payable process refers to the procedures and systems in place for managing and paying a company's outstanding invoices and bills.
Accounts payable process involves receiving invoices from vendors or suppliers.
It includes verifying the accuracy of the invoices and ensuring they match purchase orders or contracts.
The process also involves obtaining approval for payment and processing the payment to the vendor...
There are two main types of POs: Standard Purchase Orders and Blanket Purchase Orders.
Standard Purchase Orders are used for one-time purchases of goods or services.
Blanket Purchase Orders are used for recurring purchases over a period of time or for a specific amount.
POs can also be classified based on the nature of the purchase, such as capital POs for long-term investments or expense POs for day-to-day expenses.
Accrual concept recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged.
Accrual concept matches revenues with expenses in the period they occur
It ensures financial statements reflect the true financial position of a company
Example: A company records revenue when it earns it, even if the customer has not yet paid
Entries are typically made when an invoice is created to record the transaction.
Entries include recording the sale, updating accounts receivable, and updating inventory levels.
Accrual accounting principles dictate that revenue should be recognized when earned, not necessarily when cash is received.
Examples of entries include debiting accounts receivable and crediting sales revenue when an invoice is created.
Entries als...
A credit memo is a document issued by a seller to a buyer, reducing the amount owed by the buyer for goods or services.
Credit memo is used to correct errors in invoicing or to provide a refund to the buyer
It typically includes details such as the reason for issuing the credit, the amount being credited, and the original invoice number
Example: A company issues a credit memo to a customer for overcharging them on a previ
I applied via Shine and was interviewed before Jan 2022. There were 2 interview rounds.
I applied via Naukri.com and was interviewed in Dec 2018. There were 4 interview rounds.
Management override of controls refers to the ability of management to manipulate or ignore established internal controls.
Management override of controls can lead to fraudulent activities going undetected.
Examples include management instructing employees to ignore certain controls or falsify records.
It is important for organizations to have strong ethical cultures and whistleblower mechanisms to prevent and detect mana
Cash payments rule is important
The aptitude for accenting knowledge involves the ability to effectively communicate information in a clear and understandable manner.
Strong verbal communication skills are essential for accenting knowledge
Ability to simplify complex information for better understanding
Active listening skills to ensure effective communication
Confidence in delivering information with clarity and precision
Money cards are used for making electronic payments and transactions.
Money cards can be used to make purchases online or in-store.
They can be loaded with a specific amount of money and used until the balance is depleted.
Money cards can be prepaid or linked to a bank account for automatic payments.
Some examples of money cards include debit cards, prepaid cards, and gift cards.
I applied via Walk-in and was interviewed in Aug 2023. There was 1 interview round.
I applied via Company Website and was interviewed in Nov 2023. There was 1 interview round.
To sell any product, understand the customer's needs, highlight the product's benefits, build trust, and close the sale.
Research and understand the target audience
Identify the customer's needs and pain points
Highlight the unique features and benefits of the product
Build trust and credibility through testimonials or case studies
Address objections and provide solutions
Create a sense of urgency or scarcity
Offer incentives...
I applied via Walk-in and was interviewed in Feb 2023. There were 7 interview rounds.
based on 1 review
Rating in categories
Senior Executive
3
salaries
| ₹4 L/yr - ₹4 L/yr |
TCS
Accenture
Wipro
Cognizant