Interview Questions

Q:

What is reconciliation?

Answer

You should have recorded in your cash books all amounts you?ve actually received and payments you?ve actually made. However, the cash books may be incomplete as your bank may have put extra transactions through your account, such as:

bank fees or interest charges
direct debits (payments) and direct credits (receipts).
Doing a regular bank reconciliation will allow you to:

take into account any extra transactions your bank puts through your account, and
check and record any errors or omissions.
By regularly doing a bank reconciliation (say monthly) you can be more confident that your records contain all the information you need to prepare your income tax return and activity statements.

reconciliation- This is a statement prepared to find the reason for difference in any two balance.
eg 1)bank reconciliation is prepared to find the reason of difference between the passbook & cash book balance
2)Stock reconciliation is prepared to the reason of difference between the physical balance & book balance or to find the stock balance as on certain date.
etc

Report Error

View answer Workspace Report Error Discuss

1 2442
Q:

How would you go about greeting each customer who comes in the store?

Answer

If you want bonus points, make sure you address each side of this tricky two-part question. 


The first part is addressing how you make sure you greet each and every customer who enters the store, giving them personal attention.  


The second part is how you would actually greet them – what would you say to them? Would you alert them of your newest products, ask if they’re looking for anything in particular or need guidance while shopping, or alert them to who they can reach out to if they require any assistance in various departments?

Report Error

View answer Workspace Report Error Discuss

Subject: Retail

2 2441
Q:

What do you mean by Credit Management under AR in Professional field?

Answer

Credit Management is the process of managing the outstanding receivables of the organistion as per the policies adopted by the organisation. Companies might the approach of categorising the B/R by their ageing and provision for the same would be taken into account while preparing the financial statements for an organisation.

Report Error

View answer Workspace Report Error Discuss

1 2436
Q:

What is 3G?

Answer

Definition: 3G, known as 3rd Generation, is a standard for mobile / cellular phones. It provides the services that fulfill the International Telecommunication Union specifications.

The application services of 3G include wireless voice telephone, mobile internet access, video calls and mobile television – all in a mobile environment.

3G allows simultaneous use of speech and data services
3G provides peak data rates of at least 200 KBits according to the IMT-2000 specification.
Mobile broadband access of several MBits to laptop computer systems, smart phones is provided by latest 3.5G, 3.75G versions.

3G standards:

UMTS:

  -  Universal Mobile Telecommunications System – One of the 3G mobile telecommunications technologies, also being developed into a 4G technology.
  -  Most common form of UMTS uses W-CDMA as an underlying air interface.
  - UMTS also covers Radio Access Network – UMTS Terrestrial Radio Access Network (UTRAN), and Mobile Application Part (MAP).
  -  Users are authenticated via USIM cards (Universal Subscriber Identity Module).

CDMA2000

   -  Also known as IMT Multi-Carrier (IMT-MC), uses CDMA channel access for sending voice, data and signaling data between mobile phones and cell sites.
   -  The standards are CDMA2000 IX, CDMA2000 EV-DOR Rev.0, CDMA2000 EV-DO Rev.A and CDMA2000 EV-Rev.B. They are approved radio interfaces for the ITU’s IMT-2000.

Report Error

View answer Workspace Report Error Discuss

1 2433
Q:

What is Dynamic Language Runtime (DLR)?

Answer

DLR is a runtime environment that allows you to integrate dynamic languages with the Common Language Runtime (CLR) by adding a set of services, such as expression trees, call site caching, and dynamic object interoperability to the CLR.

The System.Dynamic and System.Runtime.CompilerServices namespaces are used to hold the classes for DLR. It also provides dynamic features to statically-typed languages, such as C# and Visual Basic to enable their interoperation with dynamic languages.

Report Error

View answer Workspace Report Error Discuss

Subject: .NET

0 2431
Q:

Securities and Exchange Board of India (SEBI) is related to

A) Government of India B) Banks
C) State Government D) Share Market
 
Answer & Explanation Answer: D) Share Market

Explanation:
Report Error

View Answer Report Error Discuss

Filed Under: Accounts Payable
Exam Prep: Bank Exams , CAT
Job Role: Bank PO

7 2430
Q:

What is dynamic binding?

Answer


Dynamic binding (also known as late binding) means that the code associated with a given procedure call is not known until the time of the call at run time.It is associated with polymorphism and inheritance.

Report Error

View answer Workspace Report Error Discuss

Subject: C++

0 2430
Q:

Which of the following is not economic investment?

A) the piling up of inventories on a grocer's shelf B) the purchase of a drill press by the Ajax Manufacturing Company
C) construction of a suburban housing project D) the purchase of 100 shares of AT&T by a retired business executive
 
Answer & Explanation Answer: D) the purchase of 100 shares of AT&T by a retired business executive

Explanation:
Report Error

View Answer Report Error Discuss

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

1 2425