Interview Questions

Q:

Generally accepted accounting principles are

Answer

Generally Accepted Accounting Principles (GAAP) are basic accounting principles and guidelines are concepts that govern the field of accounting.


 


Accounting principles and guidelines include :


 


* Business Entity Assumption


* Accounting Period


* Historical Cost Concept


* Full Disclosure Principle


* Cost Principle


* Matching Principle


* Materiality


* Monetary Unit Assumption.

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Q:

A budget is best described as

A) A master control device B) The most crucial component of a company evaluation process
C) A formal statement of a company's future plans usually expressed in monetary terms D) An informal statement of company future plans usually expressed in monetary terms
 
Answer & Explanation Answer: C) A formal statement of a company's future plans usually expressed in monetary terms

Explanation:

A Budget is a financial plan of expected cash inflows and outflows that a business generates.
It is generally a long-term statement involving ammual updates. It is best described as A formal statement of a company's future plans usually expressed in monetary terms.

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Filed Under: Bank Interview - Accounting and Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which command displays memory usage in linux?

A) Top B) Free
C) Buffer D) Swap
 
Answer & Explanation Answer: B) Free

Explanation:

Free command displays memory usage in linux.

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Q:

Which input type defines a slider control?

A) type B) source
C) aside D) body
 
Answer & Explanation Answer: A) type

Explanation:

The input type attribute TYPE defines the slider control.

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Filed Under: Application Development - Technology
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The PHP Syntax is most similar to

A) Visual Basic B) VB Script
C) PERL & C D) Java Script
 
Answer & Explanation Answer: C) PERL & C

Explanation:

PHP is similar to the C style syntax in terms of keywords and language syntax.

 

If conditions, for and while loops, and function returns are similar in syntax to languages such as C, C++, C#, Java and Perl.

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Q:

Who is making the web standards?

A) Internet Explorer B) Netscape Navigator
C) The World Wide Web Consortium D) All of the above
 
Answer & Explanation Answer: C) The World Wide Web Consortium

Explanation:

Web standards are rules and guidelines established by the World Wide Web Consortium ( W3C ) developed to promote consistency in the design code which makes up a web page.

 who_is_making_the_web_standards1557557101.jpg image

 

W3C is an international community of member organizations created in 1994 that articulates web standards so that websites look and work the same in all web browsers.

 

Its mission is to lead the World Wide Web to its full potential.

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Q:

What is Repo Rate and Reverse Repo Rate?

Answer

Repo Rate is the rate at which the commercial banks borrows money from the central bank of a country i.e, RBI in India.


 


Reverse Repo Rate is the rate at which the central bank of a country, in case of India it is RBI borrows money from the commercial banks in the country.

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Q:

The arranging of data in a logical sequence is called

A) Summarizing B) Classifying
C) Sorting D) Rearranging
 
Answer & Explanation Answer: C) Sorting

Explanation:

The process of arranging any items in a systematic manner in a logical sequence is called as Sorting. It can be of two types :

1. Ordering

Arranging items following some criterion like ascending or descending order

2. Categorizing

Grouping items with similar properties together.

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Filed Under: SQL - Technology
Exam Prep: AIEEE , Bank Exams , CAT

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