Stellar Innovations Process Associate Interview Questions and Answers

Q1. What is Accruals
Ans. 
Accruals are expenses incurred but not yet paid or recorded.
• Accruals are expenses that have been incurred but not yet paid for.

• They are recorded in the financial statements to reflect the true financial position of a company.

• Accruals help match expenses with revenues in the same accounting period.

• Examples include accrued salaries, interest, and taxes.

• Accruals are necessary for accurate financial reporting.
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Q2. What prepaid recalss
Ans. 
Prepaid recalls are prepaid expenses that are reversed in the subsequent accounting period.
• Prepaid recalls are expenses that have been paid in advance but are recognized as expenses in the following accounting period.

• They are typically recorded as assets on the balance sheet until they are recognized as expenses.

• Common examples of prepaid recalls include prepaid rent, insurance premiums, and subscription fees.
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6 section consist of 7 questions with 8 mins but last 2 sections was email writing and essay writing with timing of 10 and 7 mins

Q1. Tell me about yourself
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Q2. What designation you are in previous company ?
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Very easy and good question they were ask

They feel Comfort for other

Q1. Tell me about your self
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Q2. Why we are selected you
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It eill be a multiple choice questions very easy and good to work

Basic questions just wanna know ur thinking capabilities and how u handle any situation and some English grammar.

Q1. Self introduction
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Q2. Your process knowledge or experience
Ans. 
I have 2 years of experience in process management, including analyzing workflows and implementing improvements.
• Implemented new workflow processes that resulted in a 20% increase in efficiency

• Analyzed data to identify bottlenecks and streamline operations

• Trained team members on new processes and procedures

• Utilized Six Sigma methodologies to improve process quality
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