Shopee Senior Business Analyst Interview Questions and Answers for Experienced

SWIFT is a global financial messaging network used for secure and reliable communication between banks.

• SWIFT stands for Society for Worldwide Interbank Financial Telecommunication

• It is used for international money transfers and communication between banks

• SWIFT messages contain information such as sender and receiver details, transaction amount, and currency

• There are different types of SWIFT messages such as MT103, MT20...read more

Accrual system is a method of accounting where revenue and expenses are recorded when they are earned or incurred, regardless of when payment is received or made.

• Revenue and expenses are recognized when they are earned or incurred, not when payment is received or made

• This method is used to match revenue and expenses in the same accounting period

• Accruals are recorded in the balance sheet as assets or liabilities

• Examples...read more