Categories: Accountancy ||
5 Ways Litigation Management System (LMS) Help Banks in Dealing With NPA Prosecution and Legal Management Systems are intended to help banks and monetary establishments via computerizing
Categories: Accountancy ||
AMS Accountancy Success Story and Why Choose AMS Accountancy? AMS was consolidated with the sole vision of enabling business by giving them forefront, trusted, best practically speaking bookk
Categories: Accountancy ||
How To Track Business Expenses Automatically? The fate of work might be tied in with speaking with clients across all channels of correspondence, be it on the web or even face to face. Advanc
Categories: Accountancy ||
What are the three factors that can affect your cash flow and business profitability?The three factors which will affect your income and business profit include:a. Money currents from capitalizing doi
Categories: Accountancy ||
Define Payroll Source DocumentsThe Payroll source documents are time sheets of the employee.a) It is used to record the task completed by the employee.b) These records are audited by the labor d
Categories: Accountancy ||
What are Accounting Transactions?Accounting transactions ask the execution of the user program that contains an inventory of actions.Define creative accountingCreative accounting may be a practice to
Categories: Accountancy ||
Tell me about yourself.What they need to know: The interviewer wants to understand why you’re a superb fit for the work. Try to answer questions on yourself without giving an excessive amount
Categories: Accountancy ||
What does the budget of the corporate include?Financial statement of the corporate includes various information like:a) Balance Sheet (Assets, liabilities, and equity)b) Income statement (Profit or Lo
Categories: Accountancy ||
Explain What Are The Functions Of Accounting?Accounting includes the nature of financial reports of company transactions, the flow of finance, the tactic of making wealth during an organization, and s
Categories: Accountancy ||
What Does The Abbreviation Dr. Mean In Accounting?‘Dr’ means Debere in Latin is for ‘what happens in’ or in simple terms whatever assets the firm owns or the expenses it’s to pay come under
Categories: Accountancy ||
What are the results Of International Accounting Standards on Accounting Practices of Developing Nations?The adoption of international accounting standards is extremely costly. Rising sections u
Categories: Accountancy ||
What are Accruals?Accrued Expense is an expense that has been incurred, but has not been recorded within the books of accounts presently. It will require an adjustment entry within the books of
Categories: Java 9 || Java 8(JDK1.8) || Kubernetes ||
How to Optimize Java Apps on Kubernetes? We know that Java is a high-level object-oriented programming language designed to make application development easier for developers. Also,
Categories: Accountancy ||
What are the three main types of accounts?They are Real, Personal, and nominal but wait. If don’t want to sound artificial and stand out from the gang then confirm you’re explaining your answer in
Categories: Accountancy ||
What’s The Adjustment Entries Made While Preparing the ultimate Accounts from The Trial Balance?Closing Stock Depreciation Outstanding Expenses Prepaid Expenses Accrued Inc
Categories: Accountancy ||
What are the challenges faced by an Accountant?An accountant has got to coordinate with various teams like customer supporting, marketing, procurement, treasury, taxation, business development, etc. I
Categories: Accountancy ||
What is the financial impact of buying a fixed asset?Talking from the budget point of view the subsequent are going to be the impact:Income Statement – Buying won’t have any direct impact on the e
Categories: Accountancy ||
How to adjust entries into account?Entries are often adjusted under consideration by sorting entries into five categories:Accrued expenses: Expenses have been incurred, but the vendor’s invoices are
Categories: Accountancy ||
What are the pre-requisites of revenue recognition? Credits package be accepted just at this next rules are met:There does an adjustment among the user meaning that this business is thought to us
Categories: Accountancy ||
Define dual aspect term in accountingBecause the title suggests, the double character theory says that every transaction has two sides. For instance, once you purchase something, you give the cash and
Categories: Accountancy ||
What is the biggest challenge that you face in the accounting profession today?There is no such solution that you can answer this question but you should be able to demonstrate knowledge of comm
Categories: Accountancy ||
What are the accounting events that are frequently involved in compound entries?This accounting issues that are usually required in compound entrances are:Multiple line items during a supplier i
Categories: Accountancy ||
What proportion of statistics knowledge is important or required in accounting?You must be excellent at statistics if you would like to try to well in accounting. Otherwise, with minimum knowledge, yo
Categories: Accountancy ||
Differentiate public accounts and private accounts?Public accounting may be a sort of accounting that’s done by one company for an additional company. Private accounting is done for your own company
Categories: Accountancy ||
Define tally accounting?It’s an accounting method used in small businesses and shops for managing accounting transactions.What is departmental accounting?It’s a separate account created in the dep
Categories: Accountancy ||
Why did you choose the accounting profession?I decide to choose this field since I was very interested in learning more about numbers in various forms. Since I have scored well in my masters I d
Categories: Accountancy ||
Name the popular accounting applications?There are many apps you can tell the app you are familiar with like CGram Software, Financial Force, Microsoft Accounting Professional, Microsoft Dynamics AX,
Categories: Accountancy ||
Name the major errors in accounting?The very common error in accounting are-error of omission, errors of commission, errors of opinion, and compensating error.Difference between inactive and dormant a
Categories: Accountancy ||
Types of a business transaction are there in accounting?They are two types of business transactions in the accounting field that revenue and capital.Name real and Nominal Accounts with Examples.a) A r
Categories: Accountancy ||
In what way do you maintain accounting accuracy?As an organization, it is very important to maintain the accuracy of accounting or which will end in huge loss, there are various tools and resource whi
Categories: Accountancy ||
What’s the acronym for the accounting words debit and credit? The debit version is “dr” and the credit summary is “cr”.What percentage of sorts of Business transactions are there in Acc
Categories: Accountancy ||
How does Inventory Write-Down Affect the three Statements?In the balance sheet, the assets account of inventory is reduced by the amount of the write-down so is the shareholder’s equity. The income
Categories: Accountancy ||
What are the three Important Financial Statements?The balance sheet shows the company’s assets, liabilities, and shareholder’s equity. The income statement outlines the company’s revenues and ex
Categories: Accountancy ||
How do you bridge the gap when you are trying to make an individual with no accounting knowledge grasp complex accounting concepts?Here the recruiter is gauging your communication skills. T
Categories: Accountancy ||
Why do you want to join this company? Interviewers want to know that you’re genuinely interested in working for their organization. To give a thorough answer, research the company’s website t
Categories: Accountancy ||
What are the different types of liquidity ratios in accounting?Basically, there are five different types of ratios in accounting:Current RatioThe higher the company has current ratio, the better is th
Categories: Accountancy ||
Are you in favor of having accounting standards?I believe that accounting standards contribute to high quality and accurate reporting and ensure reliable financial statements.What do you mean by Amort
Categories: Accountancy ||
When do you capitalize rather than expense a purchase?An item’s cost is capitalized if it is expected to be consumed by the company over a long period. This way their economic value does not depreci
Categories: Accountancy ||
What is the dual aspect term?The dual aspect suggests that every business transaction requires double-entry bookkeeping. This can be understood with the example- If you purchase anything, you give the
Categories: Accountancy ||
What are Trade Bills?Every transaction is documented and the trade bills are those documents, generated against each transaction.Can you define the term Material Facts?Yes, these are the documents suc
Categories: Accountancy ||
What do you mean when you say that you have negative working capital? When a company’s current liabilities exceed its current assets, it is named negative working capital. It is a common termin
Categories: Accountancy ||
What happens to the cash, which is collected from the customers but not recorded as revenue? It goes into “Deferred Revenue” on the balance sheet as a liability if no revenue has been earned
Categories: Accountancy ||
What are fictitious assets?Fictitious assets are intangible assets and their benefit is derived over a longer period, for example, goodwill, rights, deferred revenue expenditure, miscellaneous expense
Categories: Accountancy ||
What are some of the ways to estimate bad debts?Some of the popular ways of estimating bad debts are – the percentage of outstanding accounts, aging analysis, and percentage of credit sales.What is
Categories: Accountancy ||
What is the difference between ‘accounts payable (AP)’ and ‘accounts receivable (AR)’?For this simple accounting interview question refer to the table below.Accounts PayableAccounts Rece
Categories: Accountancy ||
Tell me about yourself! The employer’s intention is none other than to break the ice and get to know you a little better to steer the conversation in the direction you want. Without a doubt, th
Categories: PHP ||
How can we get IP address of a client in PHP?$_SERVER["REMOTE_ADDR"]; What is the meaning of a Persistent Cookie?A persistent cookie is permanently stored in a cookie file on the brow
Categories: PHP ||
How do you connect MySQL database with PHP?There are two methods to connect MySQL database with PHP. Procedural and object-oriented style.How to create connection in PHP?The mysqli_connect() fun
Categories: PHP ||
What is the method to register a variable into a session?<?php Session_register($ur_session_var); ?> What is $_SESSION in PHP?A session creates a file in a
Categories: PHP ||
Explain some of the PHP array functions?There are many array functions in PHP:array()array_change_key_case()array_chunk()count()sort()array_reverse()array_search()array_intersect()What is the differen