Interview Questions

1. Collection of attendance / collation of attendance

2. Scrutunizing the received attendance 

3. Calculating the salary as per the attendance, based on LOP received

4. Once the Payroll Processing is over, the gross salary should be checked with Master Data of salary.

5. Netpay has to request for bank transfers / cheque 

6. Need to take care of statutories like PF / ESI / PT / Income Tax

7. While processing salary, statutory deductions like PF / ESIC / PT and income tax calculations tobe taken care.

8. Arriving the salary structure for New Joiners

9. F&F tobe done for resigned employees

10. PF & ESI Nomination has to take care for the new joiners

11. PF Settlement / PF transfer has to take care for the resigned employees after 60days from the date of resignation.

Selling the rights to the amounts owing by debtors to a finance company for an agreed amount (which is less than the figure at which they are recorded in the accounting books because the finance company needs to be paid for providing the service).

Optimized code tends to run faster and make more efficient use of the system’s resources. Optimized codes are also less susceptible to errors and take lesser space in memory and in file size.

Debtors are the main role of the business. he is the entire back bone of the business. The goodwill of the concern is in the hands of debtors because he is the person who takes our product or raw material to the customer or manufacture. so he is takes the main role in the business in finance and business development

The job cost sheets constitute the subsidiary ledger for the Work in Process Inventory Account.

A job cost sheet is a form used to record the costs chargeable to a specific job and to determine the total and unit costs of the completed job. Companies keep a separate job cost sheet for each job.

Depending upon the increase or decrease in price rates, buyers may respond accordingly. Some buyers may assume that quality of the product may have reduced to to reduction in price or that the company may not be selling the product as per expectations. The other assumption that buyers may make is that prices may go down in the future and so may delay purchase. On the other hand increased price may lead to a decrease in demand as the product may be more costly for the consumers who may switch to another seller offering similar products at lower prices.

Following are the data integration factors:

- Sub set of the available data should be optimal. 

- Noise/distortion estimation levels because of sensory/processing conditions at the time of data collection.

- Accuracy, spatial and spectral resolution of data.

- Data formats, storage and retrieval mechanisms.

- Efficiency of computation for integrating data sets to reach the goals.

•  NO_CACHE – It is used for not caching values.


•  PRE_LOAD_CACHE – Result column preloads and compares the column into the memory, prior to executing the lookup.


•  PRE_LOAD_CACHE is used when the table can exactly fit in the memory space.


•  DEMAND_LOAD_CACHE – Result column loads and compares the column into the memory when a function performs the execution.


•  DEMAND_LOAD_CACHE is suitable while looking up the highly repetitive values with small subset of data.