Assistant General Manager Finance & Accounts
Assistant General Manager Finance & Accounts Interview Questions and Answers
Q1. What is budget, funds flow, vendor management
Budget is a financial plan, funds flow is the movement of money in and out of a business, and vendor management is the process of managing relationships with suppliers.
Budget is a plan that outlines expected income and expenses for a specific period of time.
Funds flow is the movement of money in and out of a business, including cash inflows and outflows.
Vendor management involves managing relationships with suppliers to ensure timely delivery of goods and services at the best...read more
Q2. What is far, mis report, pnl adjustment
FAR stands for Financial Accounting and Reporting, MIS report is Management Information System report, PNL adjustment is Profit and Loss adjustment.
FAR is a process of recording, summarizing and reporting financial transactions of an organization.
MIS report is a tool used by management to make informed decisions based on data analysis.
PNL adjustment is a process of making changes to the profit and loss statement to reflect accurate financial information.
Examples of PNL adjust...read more
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