Afcons Infrastructure Manager Interview Questions and Answers

Reconciliation accounts are maintained to ensure accuracy and consistency in financial records.

• Helps in identifying discrepancies between different accounts

• Ensures accuracy and consistency in financial statements

• Facilitates easy tracking of transactions and balances

• Aids in detecting errors or fraud in accounting records

Company code level is maintained for global settings applicable to all clients, while client level is maintained for specific settings unique to each client.

• Company code level settings include currency, chart of accounts, and fiscal year variants.

• Client level settings include customer master data, vendor master data, and sales organization data.

Blueprint phases include planning, designing, and implementation. Tables are used to organize data in a structured format.

• Blueprint phases: planning, designing, implementation

• Tables: organize data in structured format

• Examples: creating a blueprint for a new building, using tables in a database to store information

Bank reconciliation involves comparing the bank statement with the company's records to ensure they match, while validations involve verifying the accuracy and completeness of financial transactions.

• Bank reconciliation ensures that the company's records match the bank statement by comparing deposits, withdrawals, and other transactions.

• Validations involve verifying the accuracy and completeness of financial transaction...read more

The height of Piperack tier 1 depends on various factors such as the size of the pipes and the distance between them.

• The height of Piperack tier 1 can range from 3 to 6 meters.

• The height is determined by the size of the pipes and the distance between them.

• The height also depends on the weight of the pipes and the load they can bear.

• The height may vary based on the location and the purpose of the Piperack.

• Consulting the...read more

Codes and standards are guidelines and regulations that ensure safety, quality, and consistency in various industries.

• Codes and standards are developed by industry organizations, government agencies, and professional associations.

• They cover a wide range of topics such as building codes, electrical codes, safety standards, and environmental regulations.

• Compliance with codes and standards is often mandatory and failure t...read more