WM Logistics Process Analyst Interview Questions, Process, and Tips

WM is a waste management company that specializes in collecting, processing, and disposing of waste materials.

• WM offers services such as recycling, landfill management, and hazardous waste disposal.

• They work with businesses, municipalities, and individuals to ensure proper waste management practices.

• WM focuses on sustainability and environmental responsibility in their operations.

• They have a fleet of trucks and facilit...read more

Golden rules of accounts are basic principles that guide the recording of financial transactions.

• The three golden rules of accounts are: Debit what comes in, Credit what goes out, Debit the receiver, Credit the giver, Debit all expenses and losses, Credit all incomes and gains.

• These rules ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.

• For example, when a company receives cash from ...read more

A hauler or vendor is a company or individual that provides transportation services for goods or materials.

• Haulers are responsible for transporting goods from one location to another.

• Vendors may also provide additional services such as packaging, storage, or distribution.

• Examples of haulers or vendors include trucking companies, shipping companies, and courier services.

A trial balance is a list of all the general ledger accounts contained in the ledger of a business.

• It is used to ensure that the total debits equal the total credits in the accounting records.

• It is prepared at the end of an accounting period before the financial statements are prepared.

• Errors in the trial balance indicate that there may be mistakes in the accounting records.

• Example: If the total debits in the trial bal...read more

Remittances are funds sent by migrants to their home country, typically to support their families.

• Remittances are usually sent by migrants who are working in a different country

• They are often used to support families back home with living expenses, education, healthcare, etc.

• Remittances can be sent through banks, money transfer services, or online platforms

• Countries like India, Mexico, and the Philippines receive signi...read more