SunTec Web Services 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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Verbal, Quantitative, Communication all the quesadillas included

Q1. What do you know about the role
Ans. 
Process Associates are responsible for handling various tasks within a company, such as data entry, document processing, and customer service.
• Responsible for data entry and processing

• Handling customer inquiries and providing support

• Assisting with administrative tasks

• Ensuring accuracy and efficiency in all processes
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Q2. What do you know about GEP
Ans. 
GEP is a global provider of procurement and supply chain services.
• GEP helps businesses optimize their procurement processes and achieve cost savings.

• They offer software solutions for procurement automation and analytics.

• GEP has a presence in multiple countries and serves clients across various industries.

• Some of their clients include Fortune 500 companies.
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Q1. Asked questions from my resume
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Q2. From resume- In excel do you know about VLOOKUP and HLOOKUP
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Q1. Can you handle night shift
Ans. 
Yes, I am able to handle night shifts as required for the role of Process Associate.
• I have previous experience working night shifts in my previous job.

• I am a night owl and perform well during late hours.

• I am willing to adjust my schedule to accommodate night shifts.

• I understand the importance of being alert and focused during night shifts.

• I have reliable transportation to and from work during night hours.
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Q1. Tell me about yourself
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Q2. What designation you are in previous company ?
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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