Project Engineer Billing
Project Engineer Billing Interview Questions and Answers
Q1. Rolling margin of steel
Rolling margin of steel refers to the difference between the cost of producing steel and the selling price.
It is a measure of profitability for steel manufacturers
It takes into account the cost of raw materials, labor, and production
A higher rolling margin indicates higher profitability
It can be affected by market demand and competition
Steel companies often use rolling margin to evaluate their financial performance
Q2. Process of billing & amendment
The process of billing involves creating invoices for services rendered and sending them to clients. Amendments may be made to correct errors or update information.
Gather all necessary information for billing, including service dates and rates
Create an invoice using a billing software or template
Send the invoice to the client via email or mail
Track payments and follow up on any outstanding balances
Amendments may be made to correct errors or update information, such as changin...read more
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