TCS R2R Process Associate Interview Questions and Answers

Concepts and conventions of accounting

• Concepts refer to the basic assumptions and principles that guide the preparation of financial statements

• Conventions are the practices and procedures that are generally accepted in the accounting profession

• Examples of concepts include the entity concept, going concern concept, and matching concept

• Examples of conventions include the conservatism convention, materiality convention, a...read more

Principles of accounting refer to the basic concepts and guidelines that govern the preparation and presentation of financial statements.

• The principles of accounting include the accrual principle, the consistency principle, the materiality principle, and the conservatism principle.

• Accrual principle states that revenue and expenses should be recognized when they are earned or incurred, not when cash is received or paid.

• ...read more

Detail-oriented process associate with strong analytical skills and a commitment to efficiency and accuracy in operations.

• I have a background in data entry and process management, ensuring high accuracy and efficiency in my previous roles.

• In my last position, I improved processing time by 20% by streamlining workflows and implementing new software tools.

• I am a quick learner and adaptable, which allows me to thrive in f...read more

I am excited about this role as it aligns with my skills and passion for process improvement and teamwork in a dynamic environment.

• I have a strong background in data management, which is crucial for a Process Associate role.

• I thrive in collaborative environments, as seen in my previous job where I improved team efficiency by 20%.

• I am eager to contribute to process optimization, drawing from my experience in streamlinin...read more