Teleperformance Assistant Manager Interview Questions, Process, and Tips

Opex refers to operational expenses incurred by a company in its day-to-day operations.

• Opex includes expenses such as salaries, rent, utilities, and supplies.

• These expenses are necessary for the company to function and cannot be directly attributed to the production of goods or services.

• Opex is different from Capex (capital expenditures) which are expenses incurred for long-term investments such as equipment or propert...read more

Deferred revenue is an accounting term that refers to revenue received in advance but not yet earned.

• Deferred revenue is a liability on the balance sheet

• It is recognized as revenue only when the goods or services are delivered

• Examples include magazine subscriptions, annual maintenance contracts, etc.

The AP flow involves the process of recording and paying for vendor invoices. Journal entries are made to reflect the transactions.

• The AP flow starts with the receipt of vendor invoices

• The invoices are recorded in the accounting system and matched with purchase orders and receiving reports

• Once approved, the invoices are paid either by check or electronically

• Journal entries are made to reflect the transactions, includin...read more