Interview Questions

Q:

What is DocumentDB ?

Answer

DocumentDB is a NoSQL document-oriented database and records saves in key-value pairs. It's same as the other NoSQL document-oriented such as MongoDB.

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Subject: Oracle
Job Role: Analyst , IT Trainer

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Q:

Differentiate between realloc() and free().

Answer

- Free() - A block of memory previously allocated by the malloc subroutine is freed by free subroutine. Undefined results come out if the Pointer parameter is not a valid pointer. If the Pointer parameter is a null value, no action will take place.


- Realloc() - This subroutine changes the size of the block of memory pointed to by the Pointer parameter to the number of bytes specified by the Size parameter and returns a new pointer to the block. The pointer specified by the Pointer parameter must be created with the malloc, calloc, or realloc subroutines and should not be deallocated with the free or realloc subroutines. Undefined results show up if the Pointer parameter is not a valid pointer.

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Subject: C++

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Q:

What are the activities present in payroll task?

Answer

1. Processing Payroll to generate Paycheck and Pay Stubs


2. Generating Tax reports and vouchers using which Taxes are deposited to Govt (Employee Tax).


3. Processing reports that are handed over to Accounting Dept.


4. Ensuring that the Deductions, Benefits, Acruals, Taxes and Salaries are accurate (


5. Posting the Journals to Finance


6. Processing Govt Reports and submitted to Govt


7. Entering interims (may also be done by HR in some Companies)


7. Year End Process to generate W2s

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Q:

What are virtual functions?

Answer

Polymorphism is also achieved in C++ using virtual functions. If a function with same name exists in base as well as parent class, then the pointer to the base class would call the functions associated only with the base class. However, if the function is made virtual and the base pointer is initialized with the address of the derived class, then the function in the child class would be called.

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Subject: C++

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Q:

.What are Stacks? Give an example where they are useful.

Answer

A Stack is a linear structure in which insertions and deletions are always made at one end i.e the top - this is termed as last in, first out (LIFO). Stacks are useful when we need to check some syntex errors like missing parentheses. 

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Subject: C++

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Q:

Why do you think you’re suited to a career in investment banking?

Answer

As you’re interested in a career in banking, plenty of reasons should spring to mind, and if they don’t you should consider choosing another path! Often students are attracted to the intellectual challenges and high-profile nature of the dealings of the finance world, the fast pace of the work here, and the rewards on offer, all of which are very valid reasons for applying to a bank. But they’re also valid reasons for applying for jobs in other parts of the finance world, so make sure you explain why you want a job at a bank, and in your chosen area in particular. Perhaps you’re keen for the broad and deep financial training and prestigious experience that only a leading bank can offer?


Your interviewers may also ask if anything puts you off banking. If you have any real doubts, an interview is not the place to air them, but it’s a great idea to show that you’ve considered the difficulties the industry is currently going through before choosing to make an application. You might say that you’re attracted to the particular professional challenges and opportunities a period of flux in an industry can offer.

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Subject: Bank Interview

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Q:

What are the goals of Accounts receivable?

Answer

As sales occurs every customer is not able to pay the bills that's where A/R are occurs the goal of A/R is to maintain summarize & record all the transactions related to unpaid a/c or future collections or A/R.

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Q:

Internal controls are concerned with

A) the extent of government regulations B) preparing income tax returns
C) safeguarding assets D) only manual systems of accounting
 
Answer & Explanation Answer: C) safeguarding assets

Explanation:

Internal control, as defined in accounting and auditing, is a process for assuring achievement of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies. A broad concept, internal control involves everything that controls risks to an organization.

 

Internal control is all of the policies and procedures management uses to achieve the following goals.

  • Safeguard University assets - well designed internal controls protect assets from accidental loss or loss from fraud.

 

  • Ensure the reliability and integrity of financial information - Internal controls ensure that management has accurate, timely and complete information, including accounting records, in order to plan, monitor and report business operations.

 

  • Ensure compliance - Internal controls help to ensure the University is in compliance with the many federal, state and local laws and regulations affecting the operations of our business.

 

  • Promote efficient and effective operations - Internal controls provide an environment in which managers and staff can maximize the efficiency and effectiveness of their operations.

 

  • Accomplishment of goals and objectives - Internal controls system provide a mechanism for management to monitor the achievement of operational goals and objectives.

 

Hence, Internal controls are concerned with safeguarding assets.

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

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