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An offset is a deduction or credit applied to an account to balance out a debt or obligation.
An offset is used to reduce or eliminate a debt owed by applying a credit from another source.
Offsets are commonly used in accounts receivable to reconcile payments and outstanding balances.
For example, if a customer returns a product and receives a credit, that credit can be used as an offset against their outstanding balance.
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Out of pocket refers to expenses paid by an individual that are not reimbursed by insurance or other sources.
Out of pocket expenses are costs that are paid directly by the individual, without reimbursement.
These expenses can include deductibles, copayments, and coinsurance for medical services.
Out of pocket costs can also include expenses for services or products not covered by insurance.
Individuals may have to pay out...
Not a medical necessity refers to a treatment or service that is not required for the patient's health or well-being.
Not a medical necessity means the treatment or service is not essential for the patient's health.
Insurance companies may not cover treatments that are not considered medically necessary.
Examples include cosmetic procedures, elective surgeries, and experimental treatments.
I applied via Naukri.com and was interviewed in Dec 2023. There were 3 interview rounds.
Random topics like education or skills which is better etc
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posted on 12 Oct 2020
I applied via Referral and was interviewed in Sep 2020. There were 4 interview rounds.
posted on 10 Jun 2021
Depreciation is the allocation of the cost of an asset over its useful life.
Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.
It is used to spread the cost of an asset over its useful life for accounting purposes.
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 ...
Accounts Receivable (AR) is the balance of money owed to a company by customers for goods or services provided on credit.
AR represents the amount of money owed to a company by customers
It is typically recorded as a current asset on the balance sheet
AR is an important metric for assessing a company's financial health and cash flow
Examples: Invoices sent to customers for products or services provided, outstanding payment
posted on 2 Jul 2024
I applied via Naukri.com and was interviewed in Jun 2024. There were 2 interview rounds.
Discussing the impact of technology on modern communication
Technology has revolutionized communication by making it faster and more convenient
Social media platforms like Facebook and Twitter have changed the way people interact and share information
Video conferencing tools like Zoom have made remote communication easier and more efficient
Mobile phones and messaging apps have made it possible to stay connected with othe
posted on 7 Apr 2022
I applied via Recruitment Consulltant
Totally 20 questions, 20 out of 15 is good one , witch is get to go next level(2nd round)
posted on 22 Aug 2024
I applied via Naukri.com and was interviewed in Jul 2024. There were 2 interview rounds.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
The three golden rules of accounting are: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; Debit expenses and losses, Credit income and gains.
These rules help maintain the balance in the accounting equation: Assets = Liabilities + Equity.
For example, when a company receives cash fro...
I applied via Recruitment Consultant and was interviewed in Nov 2020. There were 3 interview rounds.
I applied via Referral and was interviewed before Jan 2021. There were 5 interview rounds.
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