Questions

Profitability control is a mechanism of monitoring the sales made, profits earned and expenditure incurred by a company. The relative profit earning capacity of a firm’s products and consumer groups can be determined via profitability control. Sometimes surpisingly, it may be found out by companies how a small proportion of their products and even customers actually account for a significant percentage of the company’s profits. This can be achieved through profitability control. At times when the companies earn surplus profits, then such profits may even be ploughed back or reinvested. This also forms part of profitability control.

Stainless steel contains 18% chromium and 82% steel

Personal financial planning is the process of creating and achieving financial goals.

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

Dolphins are the most highly intelligent mammals.

All of the genetic information in a cell was initially thought to be confined to the DNA in the chromosomes of the cell nucleus.

It is now known that small circular chromosomes, called extranuclear, or cytoplasmic, DNA, are located in two types of organelles found in the cytoplasm of the cell.

These organelles are the mitochondria in animal and plant cells and the chloroplasts in plant cells.

Chloroplast DNA (cpDNA) contains genes that are involved with aspects of photosynthesis and with components of the special protein-synthesizing apparatus that is active within the organelle.

Mitochondrial DNA (mtDNA) contains some of the genes that participate in the conversion of the energy of chemical bonds into the energy currency of the cell—a chemical called adenosine triphosphate (ATP)—as well as genes for mitochondrial protein synthesis.

a.) Testing and Debugging 

Testing is process of verifying if the application matches requirements and reporting bugs; Testing is usually done by an independent testing team while debugging is a process of finding and fixing bugs with the intention of reducing bugs; Debugging is usually done by the programmer.

b.) Two tier and Three tier architecture

In a two tier architecture there is a data server and a client application. Client application directly accesses the server data. In a three tier architecture there is a data server, a client application and a server application. Client application calls the server application which in turn fetches data from the data server and returns back to client application.

c.) Alpha testing and Beta testing

Alpha testing is conducting acceptance testing in the environment where the application was developed. It is done by the customer. Beta testing is conducting acceptance testing is the customer environment. It is done by the group of customers or users who will actually be using it.

d.) Static testing and dynamic testing

Static testing is checking the application without actually running the application whereas dynamic testing checks the application by running it.