Interview Questions

Q:

What is another name for a real account in accounting? is it a permanent or a temporary account? Also, what is another name for a nominal account? is it a permanent or a temporary account ?

Answer

There are broadly  2 Type of accounts


1. Personnel Accounts


2. Impersonnel Accounts.


 


Personnel Accounts is an account maintained to record transactions with persons. Based on the classification of the persons personnel account can be of


1. Natural Personnel Account (Mr. Ram, Mr. Robert, Mr.Rahim)


2. Artificial Person (all entities like companies, banks, municipal corporations, all statutory or non statutory bodies)


3. Representative Person: Representing group transactions for group of persons like Salary Payable Account. Taxes payable account.


 


Where as Impersonnel Account shall be of Two types.


A. Real Account      B.Nominal Account.


Real Accounts are accounts to record transactions relating to Assets. Like Cash, Plant & Machinery etc., These type of accounts are permanent accounts.


Nominal Accounts are the accounts used to record the transactions relating to Income and Expenses. Like Salary, Power, Sales etc., At the end of the year all the nominal accounts are closed by transferring to Profit and loss account or Income and Expenditure account. The net differnce shall be carried forwarded to Balance Sheet.

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Subject: Accounts Payable

9 12370
Q:

How are this() and super() used with constructors?

Answer

Constructors use this to refer to another constructor in the same class with a different parameter list.


Constructors use super to invoke the superclass's constructor. If a constructor uses super, it must use it in the first line; otherwise, the compiler will complain.

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Subject: Java

1 12249
Q:

find all Employee records containing the word "Joe", regardless of whether it was stored as JOE, Joe, or joe.

Answer

SELECT  * from Employees  WHERE  upper(EmpName) like upper('joe%');

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Subject: SQL

11 12101
Q:

Consumer protection laws are meant to

Answer

Protect the consumer from the seller who cheat to sell his product.


 


The FTC’s Bureau of Consumer Protection stops unfair, deceptive and fraudulent business practices by collecting complaints and conducting investigations, suing companies and people that break the law, developing rules to maintain a fair marketplace, and educating consumers and businesses about their rights and responsibilities.

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Subject: Marketing and Sales Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

5 12084
Q:

Assuming that you are selected, what will be your strategy for next 30 days?

Answer

If I am chosen for this position, I’ll use my first 30 days in understanding my role carefully in terms of the contribution to the industry and increasing the overall profitability. I’ll sit with my line manager and other juniors to realize what has already been finished and what its impact has been. From there on, I’ll formulate my strategy to development in close conjunction with managers and see that it is perfectly implemented.

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Subject: Human Resources

7 12030
Q:

A co-worker is rude to customers, what would you do?

Answer

That would depend on what kind of a rapport I had with him. If I felt comfortable, I would probably mention that being rude is probably going to be bad for him in the long run, since unhappy customers reflect badly on the sales associate. Otherwise, I would mention to the supervisor what I had witnessed, and let him handle it.

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10 11976
Q:

Tell us about a situation in which you had to adjust to changes over which you had no control. How did you handle it?

Answer

Strategy Statement: 


The interviewer is interested in knowing how you are able to perform in a workplace where you are not the one who is ‘making the calls’. The typical workplace environment involves a tiered structure where there are those who make the decisions and those who perform the work. An entry level position most often assumes the role of the latter. 


Sample Response: 


I am a performer of tasks. As a new employee, I understand that many of my duties will be directed by those above me. These will undoubtedly involve changes, and as long as I understand how the changes are related to the betterment of the company/business/corporation, I am fully ‘on board’. I once worked for a corporation where one of my duties was to prepare the annual report. As a result of input from the overseeing board and members, the format for that report was changed significantly. Although this meant that I had to relearn the report-writing process, with my understanding that this change would mean that the report was more accessible and easy to read, I had no problem with the demands of that change.

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Subject: Adaptability

19 11939
Q:

HTML language is a set of markup

A) Groups B) Attributes
C) Tags D) Sets
 
Answer & Explanation Answer: C) Tags

Explanation:

HTML language is a set of markup tags. The code used to specify the formatting are called tags. Markup languages are designed for the processing, definition and presentation of text. The language specifies code for formatting, both the layout and style, within a text file. 

 

HTML is an example of a markup language to improve the appearance of, and link text with data on the internet.

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