Siemens Accountant Interview Questions and Answers

Q1. 1. Self introduction 2. Domain questions and basics of accounting. 3. Questions on tools currently which you are working or previously worked. 4. Situation based questions. Ex. Intervier can give you scena...read more
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Q1. Similar to the first round but this time more senior person will take your interview may be two person or sometime one person. This I am talking about senior position not for fresher level. Basically seco...read more
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Q1. What is P2P cycle
Ans. 
P2P cycle stands for Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.
• P2P cycle starts with the requisition of goods or services by a department within a company.

• The purchase order is then created and sent to the vendor for approval.

• Upon receiving the goods or services, the invoice is generated and matched with the purchase order and receipt.

• Finally, payment is made to the vendo...read more
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Q2. Po non po invoice difference
Ans. 
PO non-PO invoice difference refers to the distinction between purchase order and non-purchase order invoices.
• PO invoices are based on a purchase order issued by the buyer to the seller, while non-PO invoices are not linked to a specific purchase order.

• PO invoices are typically pre-approved and have a set budget, while non-PO invoices may require additional approval processes.

• PO invoices help track and manage expenses ...read more
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My assignment report on Accountant

Q1. What is deferred revenue?
Ans. 
Deferred revenue is income received by a company in advance of earning it, resulting in a liability on the balance sheet.
• Deferred revenue represents a liability for the company until the goods or services are delivered.

• It is common in subscription-based businesses where customers pay upfront for services to be rendered over time.

• Once the revenue is earned, it is recognized on the income statement.

• Examples include magaz...read more
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Basic questions related to the aptitude and Grammar

Q1. Basic questions about resume
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Q1. 1. Self introduction 2. Domain questions and basics of accounting. 3. Questions on tools currently which you are working or previously worked. 4. Situation based questions. Ex. Intervier can give you scena...read more
Add your answer

Q1. Similar to the first round but this time more senior person will take your interview may be two person or sometime one person. This I am talking about senior position not for fresher level. Basically seco...read more
Add your answer

Q1. What is P2P cycle
Ans. 
P2P cycle stands for Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.
• P2P cycle starts with the requisition of goods or services by a department within a company.

• The purchase order is then created and sent to the vendor for approval.

• Upon receiving the goods or services, the invoice is generated and matched with the purchase order and receipt.

• Finally, payment is made to the vendo...read more
Answered by AI
Add your answer
Q2. Po non po invoice difference
Ans. 
PO non-PO invoice difference refers to the distinction between purchase order and non-purchase order invoices.
• PO invoices are based on a purchase order issued by the buyer to the seller, while non-PO invoices are not linked to a specific purchase order.

• PO invoices are typically pre-approved and have a set budget, while non-PO invoices may require additional approval processes.

• PO invoices help track and manage expenses ...read more
Answered by AI
Add your answer