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.

Reserved words are words that cannot be used as object or variable names in a Java program because they're already used by the syntax of the Java programming language.

Java reserved words are keywords that are reserved by Java functions or other uses that cannot be used as identifiers (e.g., variable names, function names, class names).

If a reserved word was used as a variable you would get an error or unexpected result.

Examples : Int, Long, Abstract, Class, Break, Catch, Case, Public, Static, Void,...

The Best way to answer this question:

Be honest but stay positive.  Of course, your answer should be based on the real reason you left, but put a positive spin on it. That means, you should try to frame your honest answer in the most positive way possible.Do not lie, be truthful and honest but do not be harsh on a previous employer. So answer truthfully while at the same time NOT talking about the company or staff in a negative light. More info on why you left a job would help to give applicable suggestions. You TELL them why you left! .  Make it sound as positive as possible though. Put the reason you are no longer at your last job in your question. Unless you were laid off or the company had relocated you too far, just say "it's a career move." It's better not to go into the specifics. Always keep in mind that your  interviewer is looking for a positive, motivated, hard-working candidate. No potential employer wants to hear your gripe about a prior boss or talk poorly about a previous employer. She or he wants to hear about your potential as a superstar at the position you are seeking.

A HTML form should be build before uploading the file. The following HTML code is used for selecting the file that is to be uploaded. The type attribute of input must be “file”.

<form enctype="multipart/form-data" action="uploader.php" method="POST">

<input type="hidden" name="MAX_FILE_SIZE" value="100000" />

Choose a file to upload: <input name="uploadedfile" type="file" /><br />

<input type="submit" value="Upload File" />

</form>

At the time of executing uploader.php, the uploaded file will be stored in a temporary storage are on the webserver. An associative array $_FILES['uploadedfile']['name'] is used for uploading. The ‘name’ is the original file that is to be uploaded. Another associative array $_FILES['uploadedfile']['tmp_name'] is used for placing the uploaded file in a temporary location on the server and the file should be empty and should exist with the tmp_name.

The following code snippet is used for uploading the file.

$target_path = "uploads/"; // the target location of the file

$target_path = $target_path . basename( $_FILES['uploadedfile']['name']);

if(move_uploaded_file($_FILES['uploadedfile']['tmp_name'], $target_path)) 

{

       echo "The file ". basename( $_FILES['uploadedfile']['name']). 

        " has been uploaded";

}

else

{

      echo “There was an error while uploading the file”;

}

The function move_uploaded_file()is used to place the source file into the destination folder, which resides on the server.

If the uploading is successful, the message “The file filename has been uploaded. Otherwise the error message “There was an error while uploading the file” would be displayed.

RBI issued currency notes under Fixed Minimum Reserve System.

Basic Replication : Basic replication is implemented using standard CREATE SNAPSHOT or CREATE MATERIALIZED VIEW statements. It can only replicate data and not procedures, indexes replication is always one-way, and snapshot copies are read only.

Advanced Replication : Advanced replication supports various configurations of updatable snapshot, multi-master and update anywhere replication. It is more difficult to configure but allows data and other database objects like indexes and procedures to be replicated.

Differences between Basic and Advanced replications:

- With basic replication, data replicas provide read-only access to the table data whereas advanced replication features extend the capabilities of basic read-only replication by allowing applications to update table replicas throughout a replicated database system.

- With Basic Replication applications can query data from local data replicas. On the other hand with advanced replication, data replicas anywhere in the system can provide both read and update access to a table's data.

Someone who receives money in exchange for a promise to pay it back later is called a borrower1, and the person making the loan is the lender.

Hedging is a tool to minimize the risks. It is thus like an 'insurance' where one pays a premium but gets an assured amount in case of some uncertain event to the extent of the loss actually suffered on an equally opposite position for which the hedge was done. Thus, hedger is different from arbitrageur and speculators, as the intention here is not to maximize the profit but to minimize the loss.

E.g. In Capital Markets, suppose an investor has an equity portfolio of Rs. 2 lacs and the portfolio consists of all the major stocks of NIFTY. He thinks the market will improve in the long run but might go on a downside in the shortrun. NIFTY today stands at 4300. To minimize the risk of downfall, he enters into an option contract by buying NIFTY-PUT of strike 4300 at a premium of, say, Rs. 100. Thus, the actual amount paid is Rs. 5,000(lot size of NIFTY is 50). Also, the number of NIFTY-PUTs to be bought will vary on the beta of the portfolio so as to completely hedge the positon.