Interview Questions

Q:

what is the internal rate of return(IRR) of eurekaforbes?

Answer

Internal Rate of Return is that rate of Return at which the net present value is equal to Zero or it is the Rate which equates the present value of the cash inflows to the cash outflows.


NPV = Cash Inflow - Cash outflow


NPV = Zero


 

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Subject: Finance

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Q:

Explain the use of lookup tables and Aggregate tables.

Answer

At the time of updating the data warehouse, a lookup table is used. When placed on the fact table or warehouse based upon the primary key of the target, the update is takes place only by allowing new records or updated records depending upon the condition of lookup.


The materialized views are aggregate tables. It contains summarized data. For example, to generate sales reports on weekly or monthly or yearly basis instead of daily basis of an application, the date values are aggregated into week values, week values are aggregated into month values and month values into year values. To perform this process aggregate function is used.

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Q:

What does drop ship mean in Accounts ?

Answer

Drop Ship refers to, a manufacturer shipping goods directly to one of its customers' customer (instead of delivering the goods to the customer that placed the order with the manufacturer).


This concept of shipping goods is called as drop ship, drop shipping or a drop shipment.

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

8 3109
Q:

What is the proper way of setting up an Android-powered device for app development?

Answer

The following are steps to be followed prior to actual application development in an Android-powered device:


- Declare your application as “debuggable” in your Android Manifest.


- Turn on “USB Debugging” on your device.


- Set up your system to detect your device.


 

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Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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

4 3100
Q:

What is NTFS?

Answer

NTFS is short for New Technology File System. It is the standard file system that is being used by operating systems starting from Windows NT, Windows 2000, Windows XP, and even the newer versions like Vista and 7. It was originally designed to have a better performance on file storage and retrieval under the Windows NT family.

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Q:

What is the Debit Balance recovery? How we can recover if we wont have any future transactions from supplier?

Answer

The Debit balance recovery is usually made by raising a credit memo for the regular vendors. However if there are no future transactions from the supplier, we ask the vendor to send the check / make an EFT for the amount due from him.

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Subject: Accounts Payable

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Q:

What is the difference between standard modules and class modules ?

Answer

Standard modules contain variables, procedures and functions that are accessible anywhere within the project. A class module contains properties and events, and is made accessible only by objects that were created as an instance of that class.

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Subject: Microsoft Interview
Job Role: Analyst , IT Trainer

10 3094