Interview Questions

Q:

Financial statements are prepared in the following order.

A) Income statement - Balance sheet - Statement of retained earnings B) Income statement - Statement of retained earnings - Balance sheet
C) Balance sheet - Statement of retained earnings - Income statement D) Statement of retained earnings - Balance sheet - Income statement
 
Answer & Explanation Answer: B) Income statement - Statement of retained earnings - Balance sheet

Explanation:

The financial statements should be prepared in the following order:


Income statement - Statement of retained earnings - Balance sheet

 

1. Income statement reports revenues and expenses and calculates net income or net loss for the time period.

2. Statement of retained earnings show how retained earnings changed during the period due to net income or net loss and dividends.

3. Balance sheet reports assets, liabilities, and stockholders’ equity as of the last day of the period.

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

2 3015
Q:

If an array with name as "names" contain three elements, then how will you print the third element of this array?

Answer

Print third array element document.write(names[2]);

Note:- Array index starts with 0.

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Subject: Web Technology

0 3015
Q:

Managing advertising, sales promotion and public relations:

What according to you is sales promotion?

Answer

We can say that sales promotion is a cost effective technique by which an organisation can achieve its sales volume or the marketing objectives by providing value added product and not just an ordinary product to the end user or even the intermediaries. It is short term by nature and is suitable enough for generating sales within a short span of time. Sales promotion techniques are being increasingly used by retailing organisations some of which include advertising, providing discounts and allowances or a 'buy one get one free offer' etc.

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0 3013
Q:

What do you think you will be doing during your first year in investment banking?

Answer

Much of your answer to this question will depend on your role – so do some careful research into your chosen department. In M&A, you might spend much of your time on financial models related to the deals you’re working on, while in a trading role you might start out by assisting more senior members of the team before being given the chance to manage a trading book yourself. Beyond that, it’s important to show that you’ll be keen to take on responsibilities, but that you also recognise that your first year is about learning the ropes, usually means include following instructions from others and completing some mundane tasks.

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Subject: Bank Interview

0 3012
Q:

What Is EBIDTA?

Answer

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. EBITDA came into wide use among private capital firms, wanting to calculate what they should pay for a business.

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Subject: Finance

0 3011
Q:

What is Catalog Manager? How to move reports and dashboards using Catalog Manager?

Answer

Catalog Manager supports command line options.


 


To move reports and dashboards, we need to use some general syntax using catalog manager.


 


e.g:


catalogmanager -online/offline


-cmd {report | replace | export}


{command line options}


In extra, by keeping it online, This will automatically open up the catalog 


manager without having the need to enter the connection details every time.

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0 3009
Q:

Keeping the actoins and attributes together under a single unit is called 

A) Encapsulation B) Information Hiding
C) Polymorphism D) Inheritance
 
Answer & Explanation Answer: A) Encapsulation

Explanation:

Encapsulation is a process of binding the data objects together under a single unit.It is one ofthe elements of oops

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Filed Under: Java

0 3009
Q:

SIP full form is

A) Sudden Investing Plan B) Systematic Investment Plan
C) Savings Investmets Plan D) None of the above
 
Answer & Explanation Answer: B) Systematic Investment Plan

Explanation:

SIP is Systematic Investment Plan.

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

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