Interview Questions

Q:

What is an OOK-Rec in IDMS?

Answer

An OOK-Rec is a one of a kind record set, used to get to another record set.

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Q:

What is Trial Balance?

Answer

It is statement of balances of all the accounts in the ledger prepared to prove the arithmetical accuracy of the books of accounts.


A trial Balance is a list of Debit and Credit or a list of Debit & Credit Balance of all the ledger accounts prepared on any particular date

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Subject: Finance

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Q:

What are the factors that are addressed to integrate data?

Answer

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.

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Q:

Which capital gains tax on property?

Answer

Capital Gains Tax on Property:


1. Short term,


2. Long term


 


Short Term Capital Gain on property is considered as a gain from selling a property which was held by you for less than 36 months. As a taxpayer, you are liable to pay tax on short term capital gain on property as per your applicable marginal income tax slab.


* Current Short Term Capital Gains tax rate is 30%.


 


Long Term Capital Gain



When you sell your property that is owned by you for more than three years, any gain arising from such sale will be considered as long term capital gain. Long term capital gain is calculated as the difference between net sales consideration and indexed cost of property.


* Current Long Term Capital Gains tax rate is 20%.

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Subject: Accounts Payable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

When is the onStop() method invoked?

Answer

A call to onStop method happens when an activity is no longer visible to the user, either because another activity has taken over or if in front of that activity.

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Q:

How can we encrypt the username and password using PHP?

Answer

User names and passwords in PHP can be encrypted using md5 function.


MD5 function calculates the md5 hash of a string. It is basically used for encryption. It is also used for digital signature applications, where a large file must be "compressed" in a secure manner.


Example:


Md5($str);


 


Crypt() function can also be used to encrypt a string,. It used MD5, DES or blow fish algorithms for encryption.


Syntax:


Crypt(str, salt)


Salt is an optional parameter used to increase the number of characters encoded, to make the encoding more secure

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Subject: PHP

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Q:

What is the maximum size of a file that can be uploaded using PHP and how can we change this?

Answer

By default the maximum size is 2MB. and we can change the following
setup at php.iniupload_max_filesize = 2M

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Subject: PHP

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Q:

Accrual accounting is used because

A) it provides a better indication of ability to generate cash flows than the cash basis. B) it recognizes revenues when cash is received and expenses when cash is paid.
C) cash flows are considered less important. D) All of the above
 
Answer & Explanation Answer: A) it provides a better indication of ability to generate cash flows than the cash basis.

Explanation:
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Filed Under: Accounts Payable
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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