Interview Questions

Q:

Which cost is an example of a variable cost?

A) raw materials B) raw materials
C) labor D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Variable costs are expenses that vary in proportion to the amount of goods or services that a business produces. 

Examples of variable cost include labor, packaging and raw materials.

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

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Q:

Which of these is an example of eminent domain?

A) a corporator forces public for sell their lands to him B) a state forces people to sell their fields for building highway
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) a state forces people to sell their fields for building highway

Explanation:

A legal strategy that allows a government to grab hold of private property for public use is known as eminent domain. The seizing authority must pay fair market value for the property seized.

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

2 1601
Q:

How to select more than one option from list in android xml file? Give an example.

Answer

Specify android id, layout height and width as depicted in the following example.


<ListView android:id="@+id/ListView01" android:layout_height="wrap_content" android:layout_width="fill_parent"></ListView>

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Q:

Just by seeing the signature of the bean how can you specity whether it is a Statefull of Stateless Session Bean?

Answer

The create method in a stateless bean cannot have arguments, and can only have a single method called create(). While create in Stateful bean can have arguments and could be any method starting with create string eg. create(arg1, arg2, ...). Although it is not compiler checked but in stateless bean the ejb Passivate() and ejb Active() methods has to be empty as these functions are never called by EJB container. As conceptually in stateful session bean we might need to store the clients information hence arguments in createare necessary. While in stateless bean we don't hence no arguments are necessary. It's intutive isn't intutive isn't. I my life I haven't seen such a futuristic server programming tool as EJB.

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Subject: Java

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Q:

What is the objective of Financial Reporting?

Answer

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.

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Subject: Finance Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

How will you define an abstract class?

Answer

An abstract class is defined with the keyword abstract Eg:
public abstract class MyClass { }

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Subject: Java

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Q:

What are the benefits achieved by computerized payroll system?

Answer

With the computerised payroll systems -


=>You saved a lot of your time,
=>Your accuracy and efficiency is increased by many times.
=>Your are free from small and small human mistakes in calculation and linking etc.
=>Once master data is updated(CTC,Reimbursement), rest is taken care by the systems once input is given as and when salary is processed.
=>Better control is exercised.

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0 1592
Q:

What is the function of an intent filter?

Answer

Because every component needs to indicate which intents they can respond to, intent filters are used to filter out intents that these components are willing to receive. One or more intent filters are possible, depending on the services and activities that is going to make use of it.

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