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Accrual concept is a method of accounting where revenues and expenses are recognized when they are earned or incurred, regardless of when payment is received or made.
Accrual accounting recognizes revenue when it is earned, not when payment is received
Expenses are recognized when they are incurred, not when payment is made
This method provides a more accurate picture of a company's financial health
Example: A company prov...
Prepaid expense is an advance payment made for goods or services that will be received in the future.
Prepaid expenses are recorded as assets on the balance sheet
They are gradually expensed over time as the goods or services are received
Examples include prepaid rent, insurance premiums, and subscriptions
Prepaid expenses are commonly used in businesses to manage cash flow
What people are saying about WNS
I applied via Walk-in and was interviewed in May 2023. There were 4 interview rounds.
Implemented and managed end-to-end processes to ensure efficiency and quality in operations.
Developed detailed process maps to visualize workflows
Established key performance indicators (KPIs) to measure process effectiveness
Regularly reviewed and updated processes to adapt to changing business needs
Mortgage insurance is a type of insurance policy that protects a lender or investor in case the borrower defaults on their mortgage payments.
Mortgage insurance is typically required for borrowers who put down less than 20% of the home's purchase price.
There are two types of mortgage insurance: private mortgage insurance (PMI) for conventional loans and mortgage insurance premium (MIP) for FHA loans.
Mortgage insurance p...
Insurance is a financial product that provides protection against financial losses.
Insurance is a contract between an individual or organization and an insurance company.
The individual or organization pays a premium in exchange for coverage against specified risks.
Types of insurance include health, life, auto, home, and business insurance.
Insurance helps mitigate financial risks and provides peace of mind.
Insurance com...
Some are logical based questions and some are based on time speed distance time and work profit and loss calculation, apart from this pscyomatric test , and typing test
WNS interview questions for designations
I applied via Naukri.com and was interviewed in Aug 2023. There were 4 interview rounds.
Basic aptitude test and letter writing test
Get interview-ready with Top WNS Interview Questions
Numeric, logical , English
I applied via Recruitment Consulltant and was interviewed in Apr 2023. There were 3 interview rounds.
I applied via Recruitment Consulltant and was interviewed in Apr 2023. There were 4 interview rounds.
I have a strong background in operations and a solid education in the field.
I have worked as a Sr. Associate in operations for the past 5 years.
I have a Bachelor's degree in Business Administration with a focus on operations management.
During my time as a Sr. Associate, I have successfully implemented process improvements that resulted in cost savings and increased efficiency.
I have experience in managing teams and coo...
Versant test for which you have to download the app.
I applied via Recruitment Consulltant and was interviewed in Dec 2022. There were 3 interview rounds.
Amcat test on Amcat app.
It's just your communication check so be ready.
I was interviewed before Dec 2023.
POS stands for Point of Sale, a system used by businesses to process transactions.
POS systems are used by businesses to accept payments from customers.
They can include hardware like cash registers, barcode scanners, and card readers.
POS systems can also include software for inventory management, sales reporting, and customer relationship management.
Examples of POS systems include Square, Shopify POS, and Toast.
POS receipts typically include details such as items purchased, prices, taxes, total amount, store information, and transaction ID.
Items purchased
Prices of each item
Taxes applied
Total amount
Store information (name, address, contact)
Transaction ID
I applied via Naukri.com and was interviewed before Oct 2023. There were 3 interview rounds.
They will give to write email and essay
Typing and grammar test
Experienced Senior Associate Ops with a background in project management and team leadership.
Over 5 years of experience in operations management
Skilled in project planning and execution
Strong leadership and team management abilities
Proven track record of improving operational efficiency
Excellent communication and problem-solving skills
The duration of WNS Senior Associate Operations interview process can vary, but typically it takes about less than 2 weeks to complete.
1 Interview rounds
based on 521 reviews
Rating in categories
Senior Associate
11.5k
salaries
| ₹0.8 L/yr - ₹7.8 L/yr |
Associate
3.9k
salaries
| ₹1 L/yr - ₹7 L/yr |
Associate Lead
3k
salaries
| ₹2.7 L/yr - ₹11 L/yr |
Assistant Manager
2.9k
salaries
| ₹4 L/yr - ₹16 L/yr |
Senior Associate Operations
2.7k
salaries
| ₹1.1 L/yr - ₹7.5 L/yr |
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