Interview Questions

Software Technology Parks of India (STPI).Some of the software service providers will get exemption from STPI for their software exports. In accounts payable may be we need to define the vendor STPI location wise.

In India we have different STPI location. If one vendor supplying services or materials to all OR some of the STPI locations we need to maintain the same vendor STPI wise.  

%type is used to declare a field of a table while %rowtype is used to declare a record with the same type as specified in that table, view or cursor.

Example of %type:

DECLARE

         v_EmployeeName emp.ename%TYPE

Example of %rowtype

DECLARE

          v_empployee emp%ROWTYPE;

A library of container templates approved by the ANSI committee for inclusion in the standard C++ specification. A programmer who then launches into a discussion of the generic programming model, iterators, allocators, algorithms, and such, has a higher than average understanding of the new technology that STL brings to C++ programming

There are broadly  2 Type of accounts

1. Personnel Accounts

2. Impersonnel Accounts.

Personnel Accounts is an account maintained to record transactions with persons. Based on the classification of the persons personnel account can be of

1. Natural Personnel Account (Mr. Ram, Mr. Robert, Mr.Rahim)

2. Artificial Person (all entities like companies, banks, municipal corporations, all statutory or non statutory bodies)

3. Representative Person: Representing group transactions for group of persons like Salary Payable Account. Taxes payable account.

Where as Impersonnel Account shall be of Two types.

A. Real Account      B.Nominal Account.

Real Accounts are accounts to record transactions relating to Assets. Like Cash, Plant & Machinery etc., These type of accounts are permanent accounts.

Nominal Accounts are the accounts used to record the transactions relating to Income and Expenses. Like Salary, Power, Sales etc., At the end of the year all the nominal accounts are closed by transferring to Profit and loss account or Income and Expenditure account. The net differnce shall be carried forwarded to Balance Sheet.