Tech Mahindra Senior Process Associate Interview Questions and Answers

Q1. Self interview and check the understanding of interviewer
Add your answer
Q2. Nothing to say just speak about your self confidencly
Add your answer

Q1. What is Invoice?
Ans. 
An invoice is a document that lists the products or services provided by a seller to a buyer, along with the cost and payment terms.
• An invoice serves as a request for payment from the buyer to the seller.

• It typically includes details such as the quantity, description, price, and total amount due for the products or services.

• Invoices are used in business transactions to keep track of sales and payments.

• They may also inc...read more
Answered by AI
View 9 more answers
Q2. What is Purchase Order?
Ans. 
A Purchase Order is a document issued by a buyer to a seller, indicating types, quantities, and agreed prices for products or services.
• A Purchase Order is a legally binding document

• It specifies the details of the products or services being purchased

• It includes quantities, prices, delivery dates, and terms of payment

• It serves as a record of the transaction between the buyer and seller

• Examples: PO#1234 for 100 units of P...read more
Answered by AI
View 38 more answers
Q3. Why are you leaving your current organisation?
Ans. I've been looking for an opportunity to grow and develop my skills, and I'm excited to explore new opportunities.
Answered Anonymously
View 1 more answer

Q1. What is accounts payable?
Ans. 
Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable represents a company's short-term debt obligations to its suppliers or vendors.

• It is recorded as a liability on the company's balance sheet.

• Accounts payable is typically paid within a specified period, often 30, 60, or 90 days.

• Examples of accounts payable include invoices from su...read more
Answered by AI
View 1 more answer
Q2. It's an account on your company's general ledger that represents on obligation to pay off a debt to creditor or supplier.
Add your answer
Q3. How many types account and Golden rule of accounts:
Ans. 
There are two types of accounts - Personal and Impersonal. The Golden Rule of Accounts states that Debit what comes in, Credit what goes out.
• Types of accounts: Personal (e.g. Capital, Drawings) and Impersonal (e.g. Cash, Furniture)

• Golden Rule of Accounts: Debit the receiver, Credit the giver (e.g. Debiting Cash when it comes into the business, Crediting Sales when goods are sold)
Answered by AI
View 1 more answer
Q4. How was your experience in the last job?
Add your answer
Q5. It was a great experience in my last job where I have learnt lot of about account payable process like: Invoice processing - Where I post all PO and Non- Po based invoices. Apart from that, I have worked ...read more
Add your answer

Q1. Background details. Previous company work culture.
Add your answer

Q1. Tell me about yourself and background details. Q&A on procurement.
Add your answer
Q2. Previous company work culture
Add your answer
Q3. Hobbies, company expectations.
Add your answer

Q1. What is annuity and tell their benefits over other insurance.
Ans. 
An annuity is a financial product that provides a steady stream of income for a fixed period or for life.
• Annuities are typically used for retirement planning.

• They offer tax-deferred growth, meaning you don't pay taxes on the earnings until you withdraw the money.

• Annuities can provide a guaranteed income stream for life, which can be helpful for those who are worried about outliving their savings.

• They also offer a death...read more
Answered by AI
Add your answer
Q2. Asked for family background
Add your answer
Q3. Why are you leaving your previous company?
Add your answer

Q1. Tell me about yourself
Add your answer
Q2. Why should i hire you
Add your answer

Q1. Go through your resume
Add your answer

Q1. Typing speed test with 30wpm
Add your answer

Online exam of 10th grade level