TCS Pharmacovigilance Associate Interview Questions and Answers

Intercompany reconciliation is the process of matching and resolving discrepancies between transactions within a company's different entities.

• It involves comparing financial transactions between different entities of the same company

• It ensures that all transactions are accurately recorded and reported

• It helps identify and resolve any discrepancies or errors in the financial statements

• Examples include reconciling interc...read more

Threshold limit is the maximum or minimum level of something that is acceptable or allowed.

• It is used in various fields such as finance, environment, and safety regulations.

• For example, in finance, threshold limit refers to the maximum amount of money that can be transferred without triggering a regulatory review.

• In environmental regulations, threshold limit refers to the maximum amount of a pollutant that can be relea...read more

Accruals in SAP terminology refer to the recognition of expenses or revenues that have been incurred but not yet paid or received.

• Accruals are used to ensure that financial statements accurately reflect the financial position of a company.

• They are typically recorded at the end of an accounting period and reversed at the beginning of the next period.

• Examples of accruals include salaries and wages owed to employees, inte...read more