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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:-
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|What is the A Levels|
|An offer allowed to remain open for acceptance over a period of time is known as:
(a) Standing Offer
(b) Continuing Offer
(c) Open Offer
(d) All of the above
|Differentiate Public and Private Accounting ?|
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|What accounts payable applications are your familiar with?|
|What is Other Questions Related to Accounting|
|What is Meant by Liabilities ?|
|You need to install the necessary components prior to installing Exchange Server 2007 on a new
server. Which three components should you install? (Each correct answer presents part of the
solution. Choose three.)
A. Windows PowerShell 1.0
B. Network News Transfer Protocol (NNTP)
C. Simple Mail Transfer Protocol (SMTP)
D. Microsoft Management Console (MMC) 3.0
E. Microsoft .NET Framework 1.1
F. Microsoft .NET Framework 2.0
|How is a PO (Purchase order created)?|
|What is a node class?
|Other accounting interview questions to expect when you interview for an accountancy job include:|
|Define dual aspect term in accounting ?|
|A strong name consists of the assembly's identity its simple text name, version number, and culture information (if provided) plus a public key and a digital signature. It is generated from an assembly file (the file that contains the assembly manifest, which in turn contains the names and hashes of all the files that make up the assembly), using the corresponding private key. Assemblies with the same strong name are expected to be identical.
Strong names guarantee name uniqueness by relying on unique key pairs. No one can generate the same assembly name that you can, because an assembly generated with one private key has a different name than an assembly generated with another private key.
When you reference a strong-named assembly, you expect to get certain benefits, such as versioning and naming protection. If the strong-named assembly then references an assembly with a simple name, which does not have these benefits, you lose the benefits you would derive from using a strong-named assembly and revert to DLL conflicts. Therefore, strong-named assemblies can only reference other strong-named assemblies.
There are two ways to sign an assembly with a strong name:
1. Using the Assembly Linker (Al.exe) provided by the .NET Framework SDK.
2. Using assembly attributes to insert the strong name information in your code. You can use either the AssemblyKeyFileAttribute or the AssemblyKeyNameAttribute, depending
|What is 3 Way Matching?|
|200 Meter long train passes a bridge in 1 minute at 60kmph, what is the length of the bridge|
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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