Chief Accounts Officer Interview Questions and Answers

CSR is important in Indian companies as per the Companies Act 2013.

• CSR helps companies contribute to social and environmental causes.

• It promotes sustainable development and inclusive growth.

• Companies are required to spend a certain percentage of their profits on CSR activities.

• CSR activities can include education, healthcare, environmental conservation, etc.

• It enhances the company's reputation and brand image.

• CSR initiatives can attract and retain talented employees.

• Non-compl...read more

Supplier payment can be cleared by following the payment process and ensuring all necessary documentation is complete.

• Verify the invoice and ensure it matches the purchase order

• Check for any discrepancies or errors in the invoice

• Ensure all necessary approvals have been obtained

• Process the payment through the appropriate channels

• Update the accounting records to reflect the payment

• Communicate with the supplier to confirm payment has been made