TCS Communications Senior Analyst Interview Questions and Answers

Q1. Tell me something about yourself.
Ans. How many years of relevant experience you have?
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Q2. Will you be able to work in hectic schedule?
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Q1. What is Accounts Payable?
Ans. 
Accounts Payable is the amount of money a company owes to its vendors or suppliers for goods or services received.
• It is a liability account in the company's balance sheet.

• It includes invoices that have been received but not yet paid.

• It is important to manage accounts payable to maintain good relationships with vendors and avoid late fees or penalties.

• Examples of accounts payable include rent, utilities, and inventory p
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Q2. What is Accounts Payable Cycle?
Ans. 
Accounts Payable Cycle is the process of managing and paying a company's bills and invoices.
• It involves receiving invoices from vendors

• Verifying the accuracy of the invoices

• Recording the invoices in the accounting system

• Approving the invoices for payment

• Issuing payment to the vendors

• Reconciling vendor statements

• The cycle starts with the purchase order and ends with the payment to the vendor

• The goal is to ensure timely ...read more
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Q3. Where do we mention Accounts Payable in Balance Sheet?
Ans. 
Accounts Payable is mentioned under Current Liabilities in the Balance Sheet.
• Accounts Payable represents the amount owed by a company to its suppliers or vendors for goods or services received but not yet paid for.

• It is listed under Current Liabilities as it is expected to be paid within a year.

• Accounts Payable is an important metric for analyzing a company's liquidity and cash flow.

• Example: If a company has a high acc...read more
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Q4. What do you mean by accrued income?
Ans. 
Accrued income refers to the income that has been earned but not yet received.
• It is recorded as a current asset in the balance sheet

• It is recognized as revenue in the income statement

• Examples include interest income, rent income, and dividend income

• It is usually recorded using the accrual accounting method
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Easy and managable questions

Leetcode hard question

Q1. HR Question was easy
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