Interview Questions

Q:

What is a junction record in IDMS?

Answer

A junction record is a member record type that allows for many-to-many relationship between its two owner records.

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Q:

The shortcut key to quit from tally is

A) CTRL + Q B) CTRL + ESC
C) CTRL + T D) CTRL + P
 
Answer & Explanation Answer: A) CTRL + Q

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

1 3003
Q:

What is dual-boot system?

Answer

Dual boot system allows you to install and maintain two operating systems on a single PC. The purpose for this is to maintain compatibility between older and newer software. For example, there maybe programs that only work under Windows 98, therefore having a dual boot system between Windows 98 and another version like Windows XP is a good choice.

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Q:

How does IDMS insure data integrity?

Answer

IDMS uses record locks to prevent another run-unit from updating the same record.

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Q:

What is the Debit Balance recovery? How we can recover if we wont have any future transactions from supplier?

Answer

The Debit balance recovery is usually made by raising a credit memo for the regular vendors. However if there are no future transactions from the supplier, we ask the vendor to send the check / make an EFT for the amount due from him.

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Subject: Accounts Payable

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Q:

Explain the use of lookup tables and Aggregate tables.

Answer

At the time of updating the data warehouse, a lookup table is used. When placed on the fact table or warehouse based upon the primary key of the target, the update is takes place only by allowing new records or updated records depending upon the condition of lookup.


The materialized views are aggregate tables. It contains summarized data. For example, to generate sales reports on weekly or monthly or yearly basis instead of daily basis of an application, the date values are aggregated into week values, week values are aggregated into month values and month values into year values. To perform this process aggregate function is used.

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Q:

Oracle SQL developer is an

Answer

Oracle SQL developer is an Oracle Database IDE.

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Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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

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