P2P Manager Interview Questions and Answers

Payment cycle refers to the time it takes for a company to pay its suppliers or vendors. The general cycle period varies depending on the industry and company policies.

• Payment cycle can range from 30 to 90 days, or even longer in some cases

• Some companies may have specific payment terms such as Net 30 or Net 60, indicating when payment is due after receiving an invoice

• Shorter payment cycles are common in industries like retail, while longer cycles are seen in industries like m...read more

P2P stands for peer-to-peer, a decentralized network where participants interact directly with each other without the need for a central authority.

• P2P allows users to share files, resources, or services directly with each other.

• Participants in a P2P network act as both clients and servers, contributing to the network's functionality.

• Examples of P2P networks include BitTorrent for file sharing and Bitcoin for decentralized digital currency transactions.