Accounts Payable Interview Questions and Answers

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Accounts Payable Interview Questions and Answers

Some Important Abbreviations for Accounts Payable:

What is Accounts Payable?

What do you know about Accounts Receivable?

What do you know about Liability?

What are Current Liabilities?

What are Non-current Liabilities?

What are Contingent liabilities?

What are assets?

What are the different types of Assets?

How are assets used in accounting?

What do you know about Liquidity?

What happens if I can’t clear my accounts payable?

What is Accounts Payable Cycle?

What is meaning of Invoice?

How many types of invoices are there in Accounts payable?

Can you explain consignment process?

What is the difference between Consignor and Consignee?

Can you explain accounts payable team?

What does audit accounts payable mean?

What is the difference between Two way and three-way match?

What is the formula of account payable turnover ratio?

Can you define accrual?

What is Aging schedule?

What is form GSTR-9?

Can you define Working Capital?

Can you define bad debit?

Can you define cash flow statement?

What is 4-way match?

What are Accounts payable accruals?

What is interest on capital?

What are the payment methods?

What are the steps consider before making of payment?

Can you explain TDS?

Can you define deferred tax liability?

What is the use of Subsequent Debits/Credits?

What are the different software for Accounts Payable?

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