Interview Questions

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 is flat aggregation?

Answer

If you create an Aggregate with more than 16 characteristics, then we call that aggregate as FLAT Aggregate. When an aggregate is active then new data is not available for reporting,These aggregates are called Flat Aggregates.

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Q:

What are the differences between static ip addressing and dynamic ip addressing?

Answer

With static IP addressing, a computer (or other device) is configured to always use the same IP address. With dynamic addressing, the IP address can change periodically and is managed by a centralized network service

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Q:

Compounding interest means interest accrues

A) at variable rates throughout the term B) more quickly than simple interest
C) more slowly than simple interest D) at the same rate as simple interest
 
Answer & Explanation Answer: B) more quickly than simple interest

Explanation:

Compounding interest means interest accrues on the interest charged and the principal amount each period the interest is charged.

Compound interest is calculated by multiplying the principal amount by one plus the annual interest rate raised to the number of compound periods minus one.The total initial amount of the loan is then subtracted from the resulting value.

The formula for calculating compound interest is:

[P (1 + i)n] – P

= P [(1 + i)n – 1]

(Where P = Principal, i = nominal annual interest rate in percentage terms, and n = number of compounding periods.)


Take a three-year loan of Rs. 10,000 at an interest rate of 5% that compounds annually. What would be the amount of interest? In this case, it would be:

Rs. 10,000 [(1 + 0.05)3] – 1

= 10,000 [1.157625 – 1]

= Rs. 1,576.25.

 

How it grows ::

 

compound_interest1532497613.jpg image

 

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

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Q:

What files are important in a bootable Windows XP operating system?

Answer

There are four important files in order to make a bootable Windows XP operating system. These are Ntldr, Ntdetect, Boot.ini and Ntfs.sys

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Q:

What are the factors that are addressed to integrate data?

Answer

Following are the data integration factors:


- Sub set of the available data should be optimal. 


- Noise/distortion estimation levels because of sensory/processing conditions at the time of data collection.


- Accuracy, spatial and spectral resolution of data.


- Data formats, storage and retrieval mechanisms.


- Efficiency of computation for integrating data sets to reach the goals.

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Q:

What can you do for us that others can't?

Answer

This will take an assessment of your experiences, skills and traits. Summarize concisely: "I have a unique combination of strong technical skills, and the ability to build strong customer relationships. This allows me to use my knowledge and break down information to be more user-friendly."

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Subject: About Yourself

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Q:

If I call performSelector:withObject:afterDelay: – is the object retained?

Answer

Yes the object is retained. It creates a timer that calls a selector on the current threads run loop. It may not be 100% precise time-wise as it attempts to dequeue the message from the run loop and perform the selector.

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