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An end-to-end process encompasses all stages from initiation to completion, ensuring seamless workflow and efficiency.
Involves all steps from start to finish, e.g., order processing from customer request to delivery.
Ensures integration between departments, such as sales, inventory, and shipping.
Focuses on optimizing each stage for efficiency, like reducing lead times in manufacturing.
Utilizes technology for tracki...
Depreciation is the allocation of the cost of a tangible asset over its useful life to reflect its gradual wear and tear or obsolescence.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.
It helps in spreading the cost of an asset over its useful life rather than expensing it all at once.
Depreciation is charged to match the revenue generated by the asset over time.
Common met...
Accrual concept in accounting recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged.
Accrual accounting records revenues and expenses when they are earned or incurred, not when cash is received or paid.
It ensures that financial statements accurately reflect the financial position of a company at a given point in time.
Accrual concept helps in matching revenues with expenses, p...
Reconciliation is the process of comparing two sets of records to ensure their accuracy and consistency.
Reconciliation involves comparing financial or transactional data to identify discrepancies.
Types of reconciliation include bank reconciliation, inventory reconciliation, and account reconciliation.
Bank reconciliation involves comparing bank statements with internal records to ensure all transactions are account...
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Prepaid expense is an accounting concept where an expense is paid in advance before it is incurred.
Prepaid expense is recorded as an asset on the balance sheet.
It is gradually recognized as an expense over time or as the benefit is received.
Common examples of prepaid expenses include prepaid rent, prepaid insurance, and prepaid subscriptions.
To record the entry of prepaid expense, debit the prepaid expense account...
Entry of interest received in advance refers to the accounting entry made when a company receives interest income before it is earned.
Interest received in advance is recorded as a liability on the balance sheet.
It represents the amount of interest income that has been received but has not yet been earned.
The entry involves debiting the cash account and crediting the interest received in advance account.
As the inte...
I applied via Approached by Company and was interviewed in Jun 2024. There were 3 interview rounds.
In my last job as an Operations Analyst, I was responsible for analyzing data, identifying trends, and making recommendations to improve efficiency.
Gathered and analyzed data to identify areas for improvement
Created reports and presentations to communicate findings to management
Collaborated with different departments to implement process improvements
Monitored key performance indicators to track progress and make adjust...
Left previous organization for career growth opportunities. Seeking a company with a supportive work culture and room for advancement.
Left for career growth opportunities
Seeking supportive work culture
Looking for room for advancement
This is a combination of an aptitude test, English grammar assessment, Excel evaluation, and a technical written exam.
Depreciation is the allocation of the cost of a tangible asset over its useful life to reflect its gradual wear and tear or obsolescence.
Depreciation is a non-cash expense that reduces the value of an asset on the balance sheet.
It helps in spreading the cost of an asset over its useful life rather than expensing it all at once.
Depreciation is charged to match the revenue generated by the asset over time.
Common methods ...
Accrual concept in accounting recognizes revenues and expenses when they are incurred, regardless of when cash is exchanged.
Accrual accounting records revenues and expenses when they are earned or incurred, not when cash is received or paid.
It ensures that financial statements accurately reflect the financial position of a company at a given point in time.
Accrual concept helps in matching revenues with expenses, provid...
I applied via Naukri.com and was interviewed in Mar 2024. There were 2 interview rounds.
It was moderate aptitude test basic questions
General topics basis om group discussions
I applied via Walk-in and was interviewed before Jan 2024. There were 4 interview rounds.
Moderate level questions
I appeared for an interview before May 2024, where I was asked the following questions.
An end-to-end process encompasses all stages from initiation to completion, ensuring seamless workflow and efficiency.
Involves all steps from start to finish, e.g., order processing from customer request to delivery.
Ensures integration between departments, such as sales, inventory, and shipping.
Focuses on optimizing each stage for efficiency, like reducing lead times in manufacturing.
Utilizes technology for tracking an...
Experienced Operations Analyst with a strong background in data analysis, process optimization, and cross-functional collaboration.
Conducted data analysis to identify inefficiencies, resulting in a 15% reduction in operational costs.
Collaborated with IT and finance teams to streamline reporting processes, improving accuracy and reducing report generation time by 30%.
Implemented a new inventory management system that de...
I applied via Referral and was interviewed before Aug 2023. There were 2 interview rounds.
Normal Aptitude Test
I appeared for an interview before Aug 2022.
I am an Operations Analyst with a strong background in data analysis, process optimization, and project management.
Background in data analysis: I have experience using tools like Excel and SQL to analyze operational data and identify trends.
Process optimization: In my previous role, I implemented a new inventory management system that reduced costs by 15%.
Project management skills: I successfully led a cross-functional...
I applied via Naukri.com and was interviewed in Jun 2019. There were 4 interview rounds.
Entry of interest received in advance refers to the accounting entry made when a company receives interest income before it is earned.
Interest received in advance is recorded as a liability on the balance sheet.
It represents the amount of interest income that has been received but has not yet been earned.
The entry involves debiting the cash account and crediting the interest received in advance account.
As the interest ...
Prepaid expense is an accounting concept where an expense is paid in advance before it is incurred.
Prepaid expense is recorded as an asset on the balance sheet.
It is gradually recognized as an expense over time or as the benefit is received.
Common examples of prepaid expenses include prepaid rent, prepaid insurance, and prepaid subscriptions.
To record the entry of prepaid expense, debit the prepaid expense account and ...
Reconciliation is the process of comparing two sets of records to ensure their accuracy and consistency.
Reconciliation involves comparing financial or transactional data to identify discrepancies.
Types of reconciliation include bank reconciliation, inventory reconciliation, and account reconciliation.
Bank reconciliation involves comparing bank statements with internal records to ensure all transactions are accounted fo...
I applied via Company Website and was interviewed before Oct 2019. There were 4 interview rounds.
I applied via Referral and was interviewed before Jan 2020. There were 5 interview rounds.
I applied via Naukri.com and was interviewed before Feb 2021. There was 0 interview round.
based on 9 interview experiences
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