Interview Questions

Journal Entries are recorded on a double entry system ie debit and credit concept. In order to record a journal entry the following steps need to be followed.

  - Enter the Journal entry number

  - Enter the Date of transaction

  - Enter the Debit item (as per the golden principles of accountancy)

  - Enter the corresponding GL folio number

  - Enter the Debit amount

  - Enter the credit item(as per the golden principles of accountancy)

  - Enter the amount in the credit column

  - Provide a brief description of the transaction

  - leave a single line before next transaction

The advantage of equity finance for a company – raising money by selling shares – is that this money does not have to be repaid. However, new shareholders usually get to have a say in how the company is run. Despite these rights, equity is often seen as a risky choice for investors as they will lose all their money if the company doesn’t prosper. If it does well, on the other hand, they may see their stake multiply in value many times over.

Debt finance – money raised through loans – must be repaid eventually by a company, usually with interest, but lenders won’t be able to exert as much influence as shareholders over how the company does business. The debt of a reliable company is usually seen as a safe investment, but fixed repayment schedules means that there are few opportunities for large returns.

CDs are the least risky investment choice when compared to flipping, renting and bonds.

A certificate of deposit (CD) is a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements. A CD restricts access to the funds until the maturity date of the investment. CDs are generally issued by commercial banks.

CDs are issued by the bank and are guaranteed by the government. So even if the bank goes bankrupt the investor's money is guaranteed to a certain extent.

Flipping and renting are subjected to market fluctuations while bonds are not insured.

Buffer class could be a global class and may be accessed in application without importing buffer module. A Buffercould be a quite an array of integers and corresponds to a raw memory allocation outside the V8 heap. A Buffer can not be resized.

- GPRS provide gross data rate of 22.80 KBPS / time slot
- Voice uses only 13KBPS/ time slot and the rest is consumed by Error Correction Code
- Error connection code is utilized for detecting and correcting the transmission errors
- As voice is compressed, the usage of Error connection code is mandatory

Dealing with primitives as objects is easier at times. Most of the objects collection store objects and not primitive types. Many utility methods are provided by wrapper classes. To get these advantages we need to use wrapper classes. As they are objects, they can be stored in any of the collection and pass this collection as parameters to the methods.

Features of the Java wrapper Classes:

- Wrapper classes convert numeric strings into numeric values.

- The way to store primitive data in an object.

- The valueOf() method is available in all wrapper classes except Character

- All wrapper classes have typeValue() method. This method returns the value of the object as its primitive type.

Value is the monetary worth of something, in this case, it is an item.

In option A, since it is talking about capital which is measured in monetary terms.

The value of an item is determined by its quality and its age. Often antiques with good quality are sold in the market with a high value and are sometimes auctioned.

In direct marketing, there is a direct interaction of the customers with the seller without any intermediaries. Here, the role of the intermediaries is nil. The medium used is more direct using telephone, mail, internet where the seller can directly reach out to the consumer. Examples of such marketing include telemarketing, email, voicemail marketing, door-to-door selling etc. This kind of marketing is more time saving as the problem of distance which may otherwise exist between the buyer and seller is eliminated and is also cost effective as it minimizes commuting costs.