Seoyon E-hwa Automotive Interview Questions, Process, and Tips

Quality assurance involves ensuring that products or services meet specified requirements and standards to satisfy customer needs.

• Implementing quality control measures to identify and address defects or issues

• Establishing quality standards and procedures to maintain consistency

• Conducting regular audits and inspections to monitor quality levels

• Training employees on quality assurance practices and techniques

• Utilizing fee...read more

Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.

• Accounts payable is a liability on the balance sheet

• It represents the company's obligation to pay off short-term debts to suppliers

• It is typically recorded when an invoice is received from a supplier

• Examples include bills for raw materials, utilities, or services rendered

GRIR stands for Goods Receipt/Invoice Receipt account, used to track discrepancies between goods received and invoices received.

• GRIR account is used in accounting to track discrepancies between goods received and invoices received.

• It helps in reconciling the differences between the quantity of goods received and the quantity invoiced.

• Any discrepancies in prices or quantities are recorded in the GRIR account until they ...read more