Hrss Interview Questions and Answers

Petti expenses refer to small, miscellaneous expenses incurred in day-to-day operations.

• Petti expenses are usually small amounts of money spent on items like stationery, office supplies, and refreshments.

• These expenses are often reimbursed by the company to the employee who incurred them.

• Petti expenses are also known as petty cash expenses.

• Examples of petti expenses include taxi fares, postage, and small office equipment.

• Proper documentation and record-keeping are important f...read more

Sundry creditors are individuals or businesses to whom a company owes money for goods or services received but not yet paid for.

• Sundry creditors are short-term liabilities on a company's balance sheet

• They are typically suppliers, vendors, or contractors

• Examples include unpaid bills for office supplies, rent, or utilities

• Sundry creditors are usually paid within a few weeks or months

Sundry debtors are customers who owe a company money for goods or services that are not part of the company's normal operations.

• Sundry debtors are typically small, infrequent customers who do not have a regular account with the company.

• They may owe money for one-time purchases or services that are not part of the company's usual business.

• Examples of sundry debtors include individuals who purchase goods from a company's gift shop or restaurant, or who receive a one-time servic...read more