Sangam India Junior Accounts Executive Interview Questions and Answers

Our 5-year growth plan includes expanding into new markets, increasing our product offerings, and investing in technology.

• Expand into new markets through strategic partnerships and acquisitions

• Increase product offerings through research and development

• Invest in technology to improve efficiency and customer experience

• Focus on customer retention and loyalty programs

• Explore opportunities for international expansion

Switchgear refers to electrical equipment used to control power flow in a power system, while machinery and motors are devices that convert electrical energy into mechanical energy.

• Switchgear includes circuit breakers, fuses, and disconnect switches to protect electrical equipment from damage.

• Machinery such as pumps, compressors, and fans use motors to convert electrical energy into mechanical energy for various indust...read more

Accounts payable process involves receiving, verifying, and paying invoices from vendors.

• Receive invoices from vendors for goods or services provided

• Verify the accuracy of the invoices against purchase orders and receipts

• Obtain approval for payment from appropriate personnel

• Enter the invoice details into the accounting system

• Schedule payments to vendors based on due dates

• Reconcile accounts payable to ensure accuracy

• Mai...read more

GST filing process involves preparing and submitting tax returns to the government.

• Collect all sales and purchase invoices

• Calculate total sales and purchases for the period

• Determine input tax credit available

• File GST returns online through the GST portal

• Pay any tax due before the deadline