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I think the reason was that by standardizing the monetary system, trade between the countries of the EU would become much less complicated, and therefore easier and hopefully would increase significantly, benefiting all involved.

• Explain the accounts payable cycle.

• What accounts payable applications are your familiar with?

• Detail your responsibilities in accounts receivable.

• What role did you play in collections?

• What software applications have your used for accounts receivable?

• What information is included in a bill for services?

• What was your average accounts receivable days outstanding/days sales outstanding?

• What are the most important goals of accounts receivable?

• Which accounting applications are your familiar with?

• Give me examples of the accounting reports you have prepared.