Senior Accountant Question:

Download Job Interview Questions and Answers PDF

Please explain what is an accounting transaction?

Senior Accountant Interview Question
Senior Accountant Interview Question

Answer:

An accounting transaction is the exchange of request/response messages to perform accounting. Accounting can be performed in the form of accounting transactions that report on resource usage by a session. Accounting transaction can occur during a session if accounting or charging indications are needed [p&l based acct] or only at the start and the end of the session.

Download Senior Accountant Interview Questions And Answers PDF

Previous QuestionNext Question
Tell me what are the different fields of accounting?Please explain which accounting applications are your familiar with?