Interview Questions

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.

A journal is also called as a book of prime entry.Transactions occurred are first entered in this book to show which accounts should be debited and which should be credited.

on the basis of entries made in the journal, accounts are prepared, the book which contains the accounts is called a ledger. Transactions entered in the journal are classified according to their nature and posted in their respective accounts in ledger. it is also called as book of final entry.

During app launching, the system creates a main thread for the app and calls the app’s main function on that main thread. The Xcode project's default main function hands over control to the UIKit framework, which takes care of initializing the app before it is run.

DLR is a runtime environment that allows you to integrate dynamic languages with the Common Language Runtime (CLR) by adding a set of services, such as expression trees, call site caching, and dynamic object interoperability to the CLR.

The System.Dynamic and System.Runtime.CompilerServices namespaces are used to hold the classes for DLR. It also provides dynamic features to statically-typed languages, such as C# and Visual Basic to enable their interoperation with dynamic languages.

RequiredFieldValidator is used to validate the controls if they contain data

Reconciling the bank statement monthly is an example of independent internal verification

whenever user visits a page application Application_start event occurs

<?php
session_start();
// store session data
$_SESSION['views']=1;
unset($_SESSION['views']); // If you wish to delete some session data, you can use the unset()
session_destroy(); // You can also completely destroy the session by calling the session_destroy() function. session_destroy() will reset your session and you will lose all your stored session data.
?>