Interview Questions

Commercial advertisements are created for the purpose of raising the awareness of the public on a company's products or services.

* It is very important for a business to have its goods and services known to the public.

* It can greatly boost its sales by attracting more csutomers which in effect helps a company grow and become successful.

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.

Advantages      : More efficient and quality of service is better.

Dis advantages: Expensive, complicated

Budgetary Control is establishment of budgets and the continuous comparison of actual results with the planned results. It computes the variances and after that management takes necessary actions to maintain favorable variations, through revision of the budgets.

When a class is derived from another class, then the members of the base class become the members of the derived class. The access modifier used while accessing members of the base class specifies the access status of the base class members inside the derived class.

The syntax to inherit a class from another class in C# is as follows:
class MyNewClass : MyBaseclass

A sequence is a database object that is used to generate sequential number.

CREATE SEQUENCE seqname [increment] [minimum value][maximum value][start][cache][cycle]               Nextval and currval lets us get the next value and current value from the sequence.

Assets minus liabilities equals Equity.