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Bank reconciliation is the process of comparing a company's records with those of its bank to ensure they match.
Bank reconciliation involves comparing the company's internal financial records with the bank statement to identify any discrepancies.
It helps in ensuring that all transactions are recorded accurately and that the company's financial statements are reliable.
Common reasons for discrepancies include outsta...
3 way match is a process used in accounting to ensure that the purchase order, invoice, and receiving report all match.
Match purchase order to invoice
Match invoice to receiving report
Match receiving report to purchase order
Helps in detecting errors or discrepancies in the purchasing process
Ensures accurate payment to vendors
P2P cycle refers to the Procure-to-Pay cycle, which involves the process of obtaining goods or services from a supplier to making payment for them.
The cycle starts with the need for a product or service, followed by identifying a supplier and creating a purchase order.
Upon receiving the goods or services, the invoice is matched with the purchase order and goods receipt.
The invoice is then approved for payment and ...
Biotechnology offers diverse career opportunities in research, development, production, quality control, sales, and marketing.
Career growth in biotechnology can involve moving up the ranks from entry-level positions to management roles.
Specializing in a specific area of biotechnology, such as genetic engineering or pharmaceuticals, can lead to advanced career opportunities.
Networking and gaining experience through...
What people are saying about TCS
Current ratio is a financial metric used to evaluate a company's ability to pay off its short-term liabilities with its short-term assets.
Current ratio is calculated by dividing current assets by current liabilities.
A current ratio of 1 or higher indicates that a company has enough current assets to cover its current liabilities.
A current ratio below 1 may indicate financial trouble as the company may not be able ...
Cockroach belongs to the phylum Arthropoda.
Cockroaches have a hard exoskeleton and jointed legs, which are characteristics of the phylum Arthropoda.
Other examples of organisms in the phylum Arthropoda include insects, spiders, and crustaceans.
The golden rule of accounting states that debit what comes in and credit what goes out.
Debit what comes in and credit what goes out
Assets = Liabilities + Equity
Helps maintain the balance in financial transactions
Reserve is set aside for a specific purpose, while provision is set aside for a potential future expense.
Reserve is a part of profits retained by a company for specific purposes, such as expansion or investment.
Provision is an amount set aside to cover a potential future expense or liability, such as bad debts or legal claims.
Reserve is not shown as an expense on the income statement, while provision is deducted a...
Yes, I am comfortable with rotational shifts as I understand the nature of the job requires flexibility.
I am open to working in different shifts to accommodate the needs of the job.
I understand the importance of being adaptable in a dynamic work environment.
I have previous experience working in rotational shifts and have successfully managed my schedule.
I prioritize work-life balance and am willing to adjust my sc...
My expected CTC is in line with industry standards and commensurate with my skills and experience.
I have researched the industry standards for this role and have a realistic expectation
My expected CTC is based on my skills, experience, and the value I can bring to the company
I am open to negotiation based on the company's offer and benefits package
30 question mcq ask i gave 28
Project preparation discussion how would you execute project
Roles and responsibilities refer to the tasks and duties assigned to an individual within an organization.
Roles define the position or job title of an individual within the organization.
Responsibilities outline the specific tasks and duties that the individual is expected to perform.
Roles and responsibilities help clarify expectations, promote accountability, and ensure effective teamwork.
Examples: A process associate ...
I appeared for an interview in Aug 2024.
Ask about basic maths , logical reasoning
Reserve is set aside for a specific purpose, while provision is set aside for a potential future expense.
Reserve is a part of profits retained by a company for specific purposes like expansion or dividends.
Provision is an amount set aside to cover a potential future expense or liability.
Reserve is not a charge against profits, while provision is a charge against profits.
Examples: Reserve for bad debts, Reserve for cont...
Case study analysis of finanacial model
The assignment involves completing tasks related to a specific process or project.
Reviewing and understanding the task requirements
Organizing and prioritizing tasks
Executing tasks accurately and efficiently
Communicating progress and issues to supervisors
Seeking clarification if needed
I am a detail-oriented individual with strong analytical skills and a passion for process improvement.
Graduated with a degree in Business Administration
Completed internships in data analysis and process optimization
Proficient in Microsoft Excel and data management tools
I have a Bachelor's degree in Business Administration and 2 years of experience in data entry and customer service.
Bachelor's degree in Business Administration
2 years of experience in data entry and customer service
Proficient in Microsoft Office Suite
Strong attention to detail
Excellent communication skills
Basic aptitude test like time and work problems
Basic java and python
I appeared for an interview in Feb 2025.
Reasonings question and some maths related
They give you topic and you have to explain
I appeared for an interview in Dec 2024.
Basic questions maths reasoning
Yes, I am open to relocating for the right opportunity.
I am open to relocating for the right job opportunity
I am flexible and willing to move for career growth
I have relocated in the past for work and have had positive experiences
Yes, I am comfortable with night shifts.
I have previous experience working night shifts and have adjusted well to the schedule.
I am a night owl and actually prefer working during the night.
I understand the importance of being flexible in the workplace and am willing to work night shifts if required.
I appeared for an interview in Feb 2025.
I applied via Campus Placement
Logical reasoning, English proficiency
General topics, interests
I applied via Walk-in and was interviewed in Mar 2024. There were 3 interview rounds.
Based on DI, English & LR
My future plans include furthering my education, gaining more experience in the field, and eventually moving into a leadership role.
Pursuing higher education or certifications related to the field
Gaining more experience through hands-on work and projects
Working towards a promotion or leadership position within the company
Exploring opportunities for professional development and growth
In the long run, I see myself advancing to a managerial position within the company, utilizing my skills and experience to drive growth and success.
Continuing to excel in my current role as a Process Associate
Taking on additional responsibilities and projects to showcase my leadership abilities
Pursuing further education or certifications to enhance my knowledge and skills
Building strong relationships with colleagues an...
Basic excel shortcuts include Ctrl+C for copy, Ctrl+V for paste, Ctrl+X for cut, Ctrl+S for save, and Ctrl+Z for undo.
Ctrl+C - Copy
Ctrl+V - Paste
Ctrl+X - Cut
Ctrl+S - Save
Ctrl+Z - Undo
I am familiar with Microsoft Office Suite, Google Suite, and Salesforce.
Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
Google Suite (Gmail, Drive, Docs, Sheets, Slides)
Salesforce (CRM software for managing customer relationships)
The duration of TCS Process Associate interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 157 interview experiences
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