Interview Questions

Q:

How is a journal entry recorded?

Answer

A journal entry is recorded accourding to the rules of debit and credit.for example goods sold for Rs 50000 for cash ----to record this -- identify the accounts involved-- i.e.goods A/cand Cash A/cgoods is a real account and cash is also a real accountdebit and credit rule for Real accounts is DEBIT WHAT COMES IN CREDIT WHAT GOES OUT according to this--cash is coming to the organisation and goods is leaving from the organisation--Entry for this is Cash A/c Dr. 50000 to Goods A/c or Sales A/c 50000 ( For Cash Sales )

Report Error

View answer Workspace Report Error Discuss

1 2913
Q:

The primary purpose of life insurance is to provide

A) Safe investment avenue B) financial protection to surviving dependents after the death of an insured
C) Tax rebates D) Wealth accumulation
 
Answer & Explanation Answer: B) financial protection to surviving dependents after the death of an insured

Explanation:

The primary purpose of life insurance is to provide financial protection to surviving dependents after the death of an insured.

Report Error

View Answer Report Error Discuss

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

4 2910
Q:

In-transit to destination or out for delivery means

Answer

When you give your item to the USPS for delivery, it accepts your item and starts the process of delivery. Transit is a part of the shipment delivery process. When we say that the package is in the transit or in transit to the destination, it means that the package is on the way to the delivery.

Report Error

View answer Workspace Report Error Discuss

0 2910
Q:

Is it possible for a company to show positive cash flows but be in grave trouble ?

Answer

Absolutely. Two examples involve unsustainable improvements in working capital (a company is selling off inventory and delaying payables), and another example involves lack of revenues going forward in the pipeline.

Report Error

View answer Workspace Report Error Discuss

Subject: Accounts Receivable Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

3 2910
Q:

What are the Advantages of Node.js?

Answer

Aynchronous and Event Driven - All APIs of Node.js library area unit aynchronous that's non-blocking. It basically means that a Node.js based mostly server not waits for a API to return information. Server moves to next API when calling it and a notification mechanism of Events of Node.js helps server to induce response from the previous API decision.


Very FastNode.js library is very fast in execution of code.


Single Threaded but highly Scalable Node.js uses a single threaded model with event looping. Node.js uses a single threaded program and same program can services much larger number of requests than traditional server like open source.


No Buffering - Node.js applications never buffer any data. These applications simply output the data in faster.

Report Error

View answer Workspace Report Error Discuss

Subject: Web Technology
Job Role: Software Architect

0 2907
Q:

What is the difference between an unspecified passive open and a fully specified passive open?

Answer

An unspecified passive open has the server waiting for a connection request from a client. A fully specified passive


open has the server waiting for a connection from a specific client.

Report Error

View answer Workspace Report Error Discuss

0 2907
Q:

By whom will the unallocated memory that is no longer needed will be cleared in java?

A) Java Virtual Machine B) Garebage collector
C) Both A and B D) None
 
Answer & Explanation Answer: B) Garebage collector

Explanation:

The Java programming language provides a system-level thread to track memory allocation.

Garbage collection has the following characteristics:

• Checks for and frees memory no longer needed

• Is done automatically

• Can vary dramatically across JVM implementations

Report Error

View Answer Report Error Discuss

Filed Under: Java

0 2903
Q:

What do you mean by Redo Log file mirroring ?

Answer

-  The process of having a copy of redo log files is called mirroring.
-  It is done by creating group of log files together. This ensures that LGWR automatically writes them to all the members of the current on-line redo log group.
-  In case a group fails, the database automatically switches over to the next group. It diminishes the performance.

Report Error

View answer Workspace Report Error Discuss

Subject: Oracle

0 2902