Interview Questions

Golden rules of accounting convert complex book-keeping rules into a set of well defined principles which can be easily studied and applied.

Real accounts involve machinery, land and building etc... Similarly when you credit what goes out, you are reducing the account balance when a tangible asset goes out of the organization. Debit All Expenses And Losses, Credit All Incomes And Gains. This rule is applied when the account in question is a nominal account.

Personal-Account

---Debit the receiver

---Credit the Giver

Real-Account

---Debit what comes in

---Credit what goes out

Nominal-Account

---Debit all expenses and losses

---Credit all income and gains

Templates are the rendered view with information from the controller and model. These can be a single file like index.html or multiple views in one page using "partials".

- Rename : It is a permanent name provided to a table or column.
- Alias : It is a temporary name provided to a table or column which gets over after the execution of SQL statement.

There are three types of lock, namely:

Shared – This type of lock permits two or more programs to read from the locked space but does not allow them to change it.

Update – This lock is more lenient. It permits the program to read and change the locked space.

Exclusive – This lock restricts all users from accessing the locked space.

STL stands for Standard Template Library. It is a library of container templates approved by the ANSI committee for inclusion in the standard C++ specification.

The primary purpose of life insurance is to provide financial protection to surviving dependents after the death of an insured.

Locking is a mechanism to ensure data integrity while allowing maximum concurrent access to data. It is used to implement concurrency control when multiple users access table to manipulate its data at the same time.

Advantages :

- Avoids deadlock conditions

- Avoids clashes in capturing the resources