Interview Questions

Q:

Financial statements are prepared from which trial balance?

A) Unadjusted trial balance B) Adjusted trial balance
C) Post- closing trial balance D) None of the above
 
Answer & Explanation Answer: B) Adjusted trial balance

Explanation:

Financial statements can be prepared from the Adjusted trial balance. A trial balance is a report containing list of all the general ledger accounts i.e, debits and credits contained in the ledger of a business. The types of trial balance include : Unadjusted trial balance, Adjusted trial balance and the Post- closing trial balance.

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

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Q:

Selecting and managing marketing channels :

How are the channel members managed and motivated, once they are selected?

Answer

These days channel members are being accepted by companies as their partners. The intermediaries are even being asked to integrate their business with the companies which results in lesser costs, greater efficiency and improved customer service. Corporates like Airtel are adopting PRM (Partner relationship management) software to give that added advantage to their supply chain. They organise rewards and recognition programs for their channel partners and also organise proper channels though which partners can vent any of their grievances relating to payments, violation of codes etc.

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Q:

What is Silk Test and what is the use of it ?

Answer

ilk Test is a Functional testing tool product of Seague software. It uses the language called 4GL(fourth Generation Language).


It has 2 components,
Silk Test Agent - Run on remote machine
Silk Test Host - Creating, Modifying, Viewing the scripts


Uses of Silk Test tool:


1. It’s a tool developed for performing the regression and functionality testing of the application.
2. It benefits when we are testing Window based, Java, the web, and the traditional client/server applications.
3. Silk Test help in preparing the test plan and managing them to provide the direct accessing of the database and validation of the field.

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Q:

What do you understand by Intercompany Settlement ?

Answer

A company may also have various company codes across the different locations. There will be exchange of services between these company codes. These goods and services which are shared or exchanged between these company codes are bring to terms during the month end process. The exchange difference has to be settled by a company code in the way of money transfer.


This process is known as Intercompany Settlement. 

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

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Q:

What are the rules which should be followed while naming a variable in VB?

Answer

Some of the rules which should be followed while naming a variable in VB are as follows: 


1) Characters should be less than 255.


2) Space between characters should be allowed.


3) A variable should begin with a number.


4) Period may not be permitted.

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Q:

What is RAC and how is it different from non RAC databases?

Answer

Oracle Real Application Clusters (RAC) is a software component we can add to a high-availability solution that enables users on multiple machines to access a single database with increased performance. RAC comprises two or more Oracle database instances running on two or more clustered machines and accessing a shared storage device via cluster technology. To support this architecture, the machines that host the database instances are linked by a high-speed interconnect to form the cluster. Oracle RAC offers features in the following areas:


- Scalability


- Availability


- Load balancing


- Failover

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Subject: Oracle

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Q:

What is IUnknown and what are its three parts?

Answer

IUnknown as an interface of a COM object. Every COM object has to support IUnknown, besides optionally adding other interfaces.


IUnknown is made of QueryInterface, AddRef and Release.

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Q:

How do you insert a record with a nullable column?

Answer

To insert a NULL, move -1 to the null indicator


To insert a valid value, move 0 to the null indicator


 

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