Interview Questions

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:

Distinguish between speculator and hedger?

Answer

The main difference lies in the motive of the two parties. The main motive of the hedger is to hedge(minimize) the risk from the occurence of some events. 


The motive of the speculator is to gamble in the market in order to make the profit by buying/selling the derivative products.


 

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Subject: Finance

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Q:

What is MultiThreading?

Answer

Executing two or more blocks (threads) of a program at a time is called MultiThreading.

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Subject: Java

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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 are the basic interfaces of Java Collections Framework ?

Answer

Java Collections Framework provides a well designed set of interfaces and classes that support operations on a collections of objects. The most basic interfaces that reside in the Java Collections Framework are:


Collection, which represents a group of objects known as its elements.


Set, which is a collection that cannot contain duplicate elements.


List, which is an ordered collection and can contain duplicate elements.


Map, which is an object that maps keys to values and cannot contain duplicate keys.

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Subject: Java

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Q:

Credit sales are recorded as

A) Accounts Receivable B) Accounts Payable
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) Accounts Receivable

Explanation:
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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:

Why are commercial advertisements made?

A) To convince the viewer to buy a product B) To confuse the viewer about the different products in market
C) To dissuade the viewer from buying a product D) To highlight the flaws of a product
 
Answer & Explanation Answer: A) To convince the viewer to buy a product

Explanation:

Commercial advertisements are created for the purpose of raising the awareness of the public on a company's products or services.

 

* It is very important for a business to have its goods and services known to the public.

 

* It can greatly boost its sales by attracting more csutomers which in effect helps a company grow and become successful.

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Filed Under: Advertising and Media
Exam Prep: AIEEE
Job Role: Analyst

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Q:

What’s the difference between include and require?

Answer It’s how they handle failures. If the file is not found by require(), it will cause a fatal error and halt the execution of the script. If the file is not found by include(), a warning will be issued, but execution will continue.
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Subject: PHP

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