Wood Group Accounts Payable Accountant Interview Questions and Answers

Procure to pay cycle is the process of obtaining goods or services from a vendor, including requisition, purchase order, receipt, invoice, and payment.

• The cycle starts with a requisition for goods or services needed by a department.

• A purchase order is then created and sent to the vendor for the requested items.

• Upon receiving the items, a receipt is generated to confirm the delivery.

• An invoice is then received from the ...read more

Controls of Ap refer to the various measures put in place to ensure the accuracy, security, and integrity of accounts payable processes.

• Segregation of duties to prevent fraud

• Regular reconciliation of accounts

• Approval processes for invoices and payments

• Use of accounting software with built-in controls

• Regular audits to check for compliance

Seeking new challenges and growth opportunities

• Looking for a more challenging role

• Seeking career advancement

• Desire to work in a different industry

• Company restructuring or downsizing

• Relocation or personal reasons

The question asks about various aspects of construction materials and building codes related to stone cladding, fixing mechanisms, anchor bolts, glazing units, fire doors, insulation specifications, shutter and frame sizes, and tiles used in hospital buildings.

• Types of stone cladding: natural stone, engineered stone, brick veneer

• Fixing mechanisms: adhesive, mechanical fixings, undercut anchors

• Types of anchor bolt faste...read more