Interview Questions

The average propensity to consume (APC) is the ratio of consumption expenditures (C) to disposable income (DI), or APC = C / DI. 

Hence, APC = consumption/income.

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.

drawImage(image,x,y) method is used to draw an image on the canvas.

There are two modes of operations that are necessary to run depending on the value returned by the startcommand(). The modes are as follows:
-  START_STICKY: this mode is used for the services that are explicitly started and stopped according to the need and the requirement of the user.
- START_NOT_STICKY or START_REDELIEVER_INTENT: this service mode is used for services that are running only when the processing command sent to them. That means these run on the basis of the command that is passed to them by giving the instruction of execution.
- Clients uses the Context.bindService() that is used to get the persistent connection for a service. To create a service that is not already running the command onCreate is used.

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.

There are mainly four reasons for a company to outsource its call center:

a) Cost saving 

b) Focus on core activities 

c) Access to special enterprise which has expertise in the domain. 

d) Other resource related reasons like relieving resource constraints, reducing staff. 

An user account is not a physical structure in Database but it is having important relationship to the objects in the database and will be having certain privileges. 95. When will the data in the snapshot log be used? - We must be able to create a after row trigger on table (i.e., it should be not be already available) After giving table privileges. We cannot specify snapshot log name because oracle uses the name of the master table in the name of the database objects that support its snapshot log. The master table name should be less than or equal to 23 characters. (The table name created will be MLOGS_tablename, and trigger name will be TLOGS name).

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.