Interview Questions

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.

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)

Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

How it grows ::

The intention of the interviewer by asking this question is to discover the pain points for the candidate.

Here this can be explained with an example like this :

The administrative assistant might seem like someone whose job is simply keeping everything filed and organized and scheduled. But they actually are the building block of the entire office, making everyone's lives function more smoothly and with good access to information when they need it.

Sometimes I have so many things crossing my desk at a given time that I can get a bit overwhelmed. When this happens I take a deep breath and focus on prioritizing the work. Then I get a clear head again and can dive back in.

Constraints enable the RDBMS to enforce the integrity of the database automatically, without the need to create triggers, rule or defaults.

Types of Constraints: NOT NULL, CHEQUE, UNIQUE, PRIMARY KEY, FOREIGN KEY.

Layer objects are data objects which represent visual content. Layer objects are used by views to render their content. Custom layer objects can also be added to the interface to implement complex animations and other types of sophisticated visual effects.

the layer that establishes ,manages and terminates the session between two communticating devices

The following are the areas of concern for tuning:

- Memory Usage

- Data Storage

- Data Manipulation

- Physical Storage

- Logic Storage

- Network Traffic

Tuning Memory Usage: In Oracle 10g, we can use the Automatic Workload Repository (AWR) toolset to gather and manage statistical data but in case of Oracle 11g, we can use new initialization parameters such as MEMORY_TARGET to further control the overall memory used by Oracle. It helps us to tune the database automatically when we don’t have time to read the AWR report.

Tuning Data Manipulation: There are two ways to tune Data manipulation in Oracle one way is through Conventional Path mode and second is Direct Path mode.

Tuning Physical Storage: We need to tune the physical storage because it limits the disk in database. This can be done by: Distributing I/O, Striping and Mirroring.