Interview Questions

A powerful tool to import and validate transaction data from other financial systems and create invoices , debit memos , credit memos and on-account credits

Setup steps:

1. Define the line ordering rules

2. Define the grouping rules - attache the line ordering rules to the grouping rules

Means whatever income any employee received from the organisation and on that tax to be deducted. (e.g. Gross salary, Overtime, Bonus, Incentives etc.)

It is the allowance paid to an employee who is working on a special assignment.  This amount is completely exclusive of his Compensation plan.  These are given in scenerio's like, when the employee went for On Job Training or an Employee sent for short term Deputation to survive his expenses in the new location.

Late binding refers to function calls that are not resolved until run time. Virtual functions are used to achieve late binding. When access is via a base pointer or reference, the virtual function actually called is determined by the type of object pointed to by the pointer.

Controller object UIApplication is used without subclassing to manage the application event loop.

It coordinates other high-level app behaviors. 

It works along with the app delegate object which contains app-level logic.

One of the major component of ADO.NET is the DataSet object, which always remains disconnected from the database and reduces the load on the database.

The purpose of garbage collection is to identify and discard those objects that are no longer needed by the application, in order for the resources to be reclaimed and reused.

Finance:It is the branch of economics that studies the management of money and other assets.In simpler terms it can be defined as the commercial activity of providing funds and capital.It addresses questions like -- what funds are required by the org & How they can be raised &  How they have to be allocated etc.

Accounts: It is the occupation of maintaining and auditing records and preparing financial reports for a business. Accounts provides quantitative information about finances. It addresses issues like what amount of funds have been allocated to various activities, how the book-keeping is being done etc.

Both functions are distinct but complimentary to each other.

Finance and accounts are highly specilized and distinct areas and hence most organizations have seperate sections of finance and accounts.