State food Corporation Interview Questions and Answers

Processes required in any project include planning, execution, monitoring, and closing.

• Planning involves defining project goals, scope, and resources.

• Execution involves carrying out the plan and completing project tasks.

• Monitoring involves tracking progress and making adjustments as needed.

• Closing involves wrapping up the project and evaluating its success.

• Examples of project processes include risk management, quality

Points to check in an invoice before processing

• Check for accuracy of billing information

• Verify the amount charged and ensure it matches the agreed upon price

• Ensure all necessary supporting documents are attached

• Check for any discounts or promotions that may apply

• Verify the payment terms and due date

• Ensure the invoice is addressed to the correct recipient

• Check for any errors or discrepancies

Non-PO refers to purchases made without a purchase order.

• Non-PO purchases are made without a formal purchase order.

• These purchases are typically made for urgent or small items.

• Non-PO purchases may require additional approval or documentation.

• Examples of Non-PO purchases include office supplies, travel expenses, and minor repairs.

FB03 is a transaction code in SAP used to display financial accounting documents.

• FB03 is used to view accounting documents such as invoices, credit memos, and payment receipts.

• It allows users to search for documents based on various criteria such as document number, posting date, and company code.

• FB03 also provides options to display document details, line items, and accounting entries.

• It is commonly used by finance an...read more

Fixed assets can be categorized into tangible and intangible assets.

• Tangible assets include property, plant, and equipment (PPE), such as buildings, machinery, and vehicles.

• Intangible assets include patents, copyrights, trademarks, and goodwill.

• Fixed assets are long-term assets that are not intended for sale and are used in the production of goods or services.

• Fixed assets are recorded on the balance sheet and are subje...read more