Back Office Executive and Accountant Interview Questions and Answers

Accounts payable refers to the amount of money a company owes to its suppliers or vendors for goods or services received.

• Accounts payable is a liability on the balance sheet.

• It represents the short-term debt owed by a company.

• It includes invoices, bills, and other payables that are yet to be paid.

• Accounts payable is recorded when goods or services are received but payment is yet to be made.

• It is an important aspect of managing cash flow and maintaining good vendor relationshi...read more

BPO stands for Business Process Outsourcing which involves contracting non-primary business activities to a third-party provider. Financial Analysts are professionals who analyze financial data to provide insights and recommendations to businesses.

• BPO involves outsourcing non-primary business activities to a third-party provider

• Financial Analysts analyze financial data to provide insights and recommendations to businesses

• BPO can include services such as customer support, data...read more