Wednesday, November 28, 2012

Accounts Payable Interview questions and Placement papers:

1.What is the meaning of invoice?
2.What is deffered revenue expenditure
3.What do you understand by Open Item Managed Account?
4.What is the difference between Consignor and Consignee?
5.What is the difference between billable and non-billable expenses?
6.What is the meaning of TDS? How it is charged?
7.Types of purchase order status and their relevance
8.Is temporary overdraft a current liability?
9.Is short term debt the same as current liabilities?
10.Will RBI asks COT code?
11.What is the first rule in accounting?
12.Does 30 days net mean 30 days from statement or invoice?


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