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Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reduces the value of an asset over time.
It is used to reflect the wear and tear, obsolescence, or decrease in value of an asset.
Common methods of depreciation include straight-line, double declining balance, and units of production.
Example: A company purchases a delivery truck for $50,000 and expe...
Amortization is the process of spreading out the cost of an intangible asset over its useful life.
Amortization is similar to depreciation, but is used for intangible assets like patents, copyrights, and trademarks.
It helps allocate the cost of the asset over its useful life, reflecting its gradual consumption or expiration.
Amortization expense is recorded on the income statement and reduces the asset's carrying value o...
A journal entry for prepayment involves recording the payment made in advance for goods or services.
Identify the prepayment amount and the corresponding expense account
Debit the Prepaid Expense account and credit the Cash or Bank account
Recognize the expense over time as the goods or services are consumed
Adjust the Prepaid Expense account and recognize the expense in the Income Statement
posted on 10 Jan 2025
Aptitude test is based on quantitative apptitude, English and computer
Write a small code to reverse a string in an array of strings
Iterate through each string in the array
Use built-in functions or write a custom function to reverse each string
Store the reversed strings back in the array
Experienced Operations Executive with a proven track record of optimizing processes and driving efficiency.
Over 10 years of experience in operations management
Successfully implemented cost-saving initiatives resulting in 20% reduction in expenses
Led cross-functional teams to improve workflow and increase productivity
Strong analytical skills and ability to identify areas for improvement
Excellent communication and leader
It was easy not difficult
Experienced operations professional with a background in supply chain management and process improvement.
Over 5 years of experience in operations roles
Skilled in supply chain management and process improvement
Strong analytical and problem-solving skills
Proficient in data analysis and reporting
Excellent communication and teamwork abilities
I applied via Company Website
Continuous learning, seeking feedback, setting goals, and staying updated on industry trends.
Seek feedback from team members and superiors to identify areas for improvement.
Set specific, measurable goals for self-improvement and track progress regularly.
Attend relevant training programs, workshops, and conferences to stay updated on industry trends.
Read management books and articles to gain new insights and perspective...
posted on 19 Jun 2024
Implemented new inventory management system resulting in 20% reduction in stockouts and 15% increase in inventory turnover.
Identified inefficiencies in existing inventory management process
Researched and evaluated potential inventory management systems
Collaborated with cross-functional teams to implement new system
Conducted training sessions for staff on using the new system
My current CTC is INR 15,00,000 per annum.
INR 15,00,000 per annum
Includes base salary, bonuses, and benefits
Negotiable based on the role and responsibilities
I applied via Job Portal
based on 3 reviews
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