Interview Questions

Financial Reporting involves the disclosure of financial information to the various stakeholders about the financial performance and financial position of the organization over a specified period of time. These stakeholders include – investors, creditors, public, debt providers, governments & government agencies.

Financial Reporting is very important and critical task of an organization. It is vital part of Corporate Governance.

The objectives & purposes of financial reporting :–

* Providing information to management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making.

* Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc.

* Providing information to shareholders & public at large in case of listed companies about various aspects of an organization.

* Providing information about the economic resources of an organization, claims to those resources (liabilities & owner’s equity) and how these resources and claims have undergone change over a period of time.

* Providing information as to how an organization is procuring & using various resources.

* Providing information to various stakeholders regarding performance management of an organization as to how diligently & ethically they are discharging their fiduciary duties & responsibilities.

* Providing information to the statutory auditors which in turn facilitates audit.

* Enhancing social welfare by looking into the interest of employees, trade union & Government.

INVEST stands for Independent, Negotiable, Value, Estimable, Sized Appropriately and Testable. It is a tool designed to assist technical teams and deliver quality products.

The Bulk Copy Program (BCP) is a command-line utility that ships with Microsoft SQL Server. It is a tool used to duplicate enormous quantity of information from tables and views. It does not facsimile the structures same as foundation to target.
BULK INSERT command helps to bring in a data folder into a record, table or view in a user-specific arrangement. With BCP, you can import and export large amounts of data in and out of SQL Server databases quickly and easily. Any DBA who has utilized this functionality will agree that BCP is an essential tool.

Math object has two constant : Math.PI and Math.E

Math object has following functions:

- Math.abs(val1);

It will give absolute value of val1.

- Math.max(val1,val2);

This fuction will return maximum value from val1 and val2.

- Math.random();

This function will return a random number between 0 and 1.

- Math.floor(val1)

This function will returns decimal value of val1

Contingent or temporary workers have little or no job security as their employment is based on a temporary
Contingent workers are not committed to the organization for a long run, as they know that they will be out of there in very short period of time

CSS consists of two types of CSS rules, first is for ruleset which identifies the style and the selector. It combines the style and the selector. Ruleset is a combination of CSS rules, for example: h1{text-color: 15pt;}, where this is the CSS rule. Ruleset is selector + declaration for example: h1 + {text-color: 15pt;}

Payroll Giving enables employees to give to any UK charity straight from their gross salary (before tax is deducted), giving immediate tax relief of up to 40% on their donations