Interview Questions

Q:

Reconciling the bank statement monthly is an example of

A) establishment of responsibility B) independent internal verification
C) documentation procedures D) segregation of duties
 
Answer & Explanation Answer: B) independent internal verification

Explanation:

Reconciling the bank statement monthly is an example of independent internal verification

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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:

How is a journal entry recorded?

Answer

A journal entry is recorded accourding to the rules of debit and credit.for example goods sold for Rs 50000 for cash ----to record this -- identify the accounts involved-- i.e.goods A/cand Cash A/cgoods is a real account and cash is also a real accountdebit and credit rule for Real accounts is DEBIT WHAT COMES IN CREDIT WHAT GOES OUT according to this--cash is coming to the organisation and goods is leaving from the organisation--Entry for this is Cash A/c Dr. 50000 to Goods A/c or Sales A/c 50000 ( For Cash Sales )

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Q:

What is a Parked Report ?

Answer

You can use document parking to enter and store (park) incomplete documents in the SAP System without carrying out extensive entry checks.

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

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Q:

What is SQL Server Agent?

Answer

SQL Server agent plays an important role in the day-to-day tasks of a database administrator (DBA). Its purpose is to ease the implementation of tasks for the DBA, with its full- function scheduling engine, which allows you to schedule your own jobs and scripts.

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Subject: SQL

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Q:

What is the difference between an unspecified passive open and a fully specified passive open?

Answer

An unspecified passive open has the server waiting for a connection request from a client. A fully specified passive


open has the server waiting for a connection from a specific client.

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Q:

Is it possible for a company to show positive cash flows but be in grave trouble ?

Answer

Absolutely. Two examples involve unsustainable improvements in working capital (a company is selling off inventory and delaying payables), and another example involves lack of revenues going forward in the pipeline.

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

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Q:

What is LINQ?

Answer

Language Integrated Query (LINQ) adds the ability to query objects using .NET languages. The LINQ to SQL object/relational mapping (O/RM) framework provides the following basic features:


- Tools to create classes (usually called entities) mapped to database tables


- Compatibility with LINQ's standard query operations


- The DataContext class, with features such as entity record monitoring, automatic SQL statement generation, record concurrency detection, and much more

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Subject: SQL

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Q:

How do you define a sort file in JCL that runs the COBOL program?

Answer

Use the SORTWK01, SORTWK02,..... dd names in the step. Number of sort datasets depends on the volume of data being sorted, but a minimum of 3 is required.

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