TVS Supply Chain Solutions Assistant Manager HR & Administration Interview Questions and Answers

I am a detail-oriented and organized Administration Assistant with experience in managing office tasks and supporting team members.

• Introduced myself as a dedicated Administration Assistant with strong organizational skills

• Mentioned my experience in managing office tasks and supporting team members

• Highlighted my attention to detail and ability to multitask effectively

Finance focuses on managing money and investments, while accounting focuses on recording and analyzing financial transactions.

• Finance involves managing money, investments, and financial risks.

• Accounting involves recording, classifying, and analyzing financial transactions.

• Finance helps in making financial decisions and managing funds effectively.

• Accounting helps in providing financial information for decision-making an...read more

Accounts receivable is the money owed to a company by its customers, while accounts payable is the money a company owes to its suppliers.

• Accounts receivable refers to the outstanding invoices or money owed to a company by its customers for goods or services provided.

• Accounts payable refers to the outstanding invoices or money that a company owes to its suppliers or vendors for goods or services received.

• Accounts receiv...read more

To reduce the outstanding balance, follow these steps:

• Analyze the outstanding balance to identify the main contributors

• Contact customers with outstanding balances to remind them of their payment obligations

• Offer payment plans or discounts to incentivize prompt payment

• Implement stricter credit control measures to prevent further outstanding balances

• Regularly monitor and follow up on outstanding balances to ensure timely