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An account (in book-keeping) refers to assets, liabilities, income, expenses, and equity, as represented by individual ledger pages, to which changes in value are chronologically recorded with debit and credit entries. An account is a record in the general ledger that is used to collect and store debit and credit amounts. For example, a company will have a Cash account in which every transaction involving cash is recorded. If the company sells merchandise for cash, the Cash account will be debited and the Sales account will be credited.
Subcategories for Accounts Interview Questions & Answers :-
Following are sub categories for which Interview Questions & Answers are available under Accounts Interview Questions & Answers. Please select the appropriate sub-category:-
|What are the effects of international accounting standards on accounting practices of developing nations?
|What do you mean by WCC?|
|How is a PO (Purchase order created)?|
|What is the difference between SAP MEMORY and ABAP MEMORY?|
|What steps would you take before approving an invoice for payment?|
|What qualities have you got that would make you a good accountant?|
|What is meant by RTGS?|
|Other accounting interview questions to expect when you interview for an accountancy job include:|
|How to perform CTERA C200 Full Text Search Configuration modifications?|
|How does the payment mechanism work?|
|. What are the most typical functional units of the Client/Server applications?|
|An 8-engine Adaptive Server is undergoing a high rate of Logical I/Os and
spinlock contention in the default data cache. The DBA has used Sybase ASE Monitor and has found that
two 4MB tables are table-scanning within the application. This is causing 50% of the server's Logical
I/Os. The code within the application cannot be changed.
The task for the DBA is to increase throughput of the Adaptive Server and lower the amount of spinlock
contention without changing indexes, tables or the application.
Which two are valid operations which should be done to meet this objective? (Choose 2.)
A. Create two named caches of 2 MB each and then recycle the Adaptive Server to activate them.
B. Create two named caches of 5 MB each and then recycle the Adaptive Server to activate them.
C. Create two 5MB 16KB Page Pools within the default data cache. Bind the two small tables to these page
D. Bind the two tables to their own newly-created and active named cache.
E. Compress the tables which join to the two small tables so that they are chosen as outer tables. This will
eliminate the need to table scan the small tables.
|why you get the error message company code is not assigned to country or the country is not assigned to calculations prodedure when you try to post a document? how do you solve it?|
|What are the disadvantages of e-business?|
|How do you link a C++ program to C functions?
|What is the meaning Of Accounting|
|What is the Malthusian theory on population?|
|Have you ever been involved in an invoice dispute? How did you manage the problem?|
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Latest 20 Questions
Payment of time- barred debt is:
Consideration is defined in the Indian Contract Act,1872 in: (a) Section 2(f) (b) Section 2(e) (c) Section 2(g) (d) Section 2(d)
Which of the following is not an exception to the rule, "No consideration, No contract": (a) Natural love and affection (b) Compensation for involuntary services (c) Completed gift (d) Agency
Consideration must move at the desire of: (a) The promisor (b) The promisee (c) The promisor or any other party (d) Both the promisor and the promisee
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal