Interview Questions

Q:

On a bank reconciliation, deposits in transit are

A) added to the book balance B) added to the bank balance
C) deducted from the book balance D) None of the above
 
Answer & Explanation Answer: B) added to the bank balance

Explanation:

A deposit in transit is cash (currency, coins, checks, electronic transfers) that a company has received and is rightfully reported as Cash on its balance sheet, but does not appear on the bank statement until a later date.

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

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Q:

How can we find the number of rows in a result set using PHP?

Answer

$result = mysql_query($sql, $db_link);
$num_rows = mysql_num_rows($result);
echo "$num_rows rows found";

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Subject: PHP

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Q:

Which one of the following is not a 'Money Market Instrument'?

A) Commercial Paper B) Equity Shares
C) Certificate of Deposit D) Treasury Bills
 
Answer & Explanation Answer: B) Equity Shares

Explanation:

Money market instruments are debt securities that generally give the owner the unconditional right to receive a stated, fixed sum of money on a specified date.


There are several money market instruments in most Western countries, including treasury bills, commercial paper, bankers' acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities.

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

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Q:

What is copy constructor?

Answer


Copy constructor is a constructor function with the same name as the class and used to make deep copy of objects.

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Subject: C++

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Q:

How does IDMS insure data integrity?

Answer

IDMS uses record locks to prevent another run-unit from updating the same record.

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Q:

Can a source file contain more than one class declaration?

Answer Yes a single source file can contain any number of Class declarations but only one of the class can be declared as public.
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Subject: Java

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Q:

In contrast to investment, consumption is

A) relatively unstable B) measurable
C) unmeasurable D) relatively stable
 
Answer & Explanation Answer: D) relatively stable

Explanation:

In contrast to investment, consumption is relatively stable.

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Filed Under: Marketing and Sales
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The accounting process involves all of the following except

A) identifying economic transactions that are relevant to the business B) analyzing and interpreting financial reports
C) communicating financial information to users by preparing financial reports D) recording nonquantifiable economic events
 
Answer & Explanation Answer: B) analyzing and interpreting financial reports

Explanation:

The three steps in the accounting process are

 

1. Identification,

2. Recording, and

3. Communication. 

 

Hence, analyzing and interpreting financial reports is not involved in the accounting process.

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

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